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COPPERMOLY LIMITED Capital/Financing Update 2008

May 25, 2008

64690_rns_2008-05-25_bd8e975d-18bf-4fa8-8451-b128ac13e5dc.pdf

Capital/Financing Update

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==> picture [237 x 77] intentionally omitted <==

ADDRESS PHONE PO Box 6965 +61 (07) 5592 1001 Gold Coast Mail Centre FAX Qld 9726 Australia +61 (07) 5592 1011 EMAIL ABN 54 126 490 855 [email protected] WEBSITE www.coppermoly.com.au

ASX Announcement

26[th] May 2008

ENTITLEMENTS ISSUE

CLOSING DATE EXTENDED

The closing date of the current Entitlements Issue of Options (announced 30 April 2008) has been extended from 3 June 2008 to 12 June 2008 to allow overseas shareholders sufficient time to lodge acceptances.

The new timetable is as follows:

Closing Date	12 June 2008
Deferred settlement trading commences	13 June 2008
Despatch date of holding statements	19 June 2008

Yours faithfully, COPPERMOLY LTD