DART MINING NL — Capital/Financing Update 2011

Jan 13, 2011

ASX Announcement – ASX Code: DTM

14 January 2011

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RIGHTS ISSUE – EXTENSION OF CLOSING DATE AND OTHER IMPORTANT DATES

Dart Mining NL (“Dart” or the “Company”) recently issued and despatched a Prospectus dated 20 December 2010 for a pro-rata 1:3 renounceable Rights Issue of New Shares and New Options in the Company.

The Company announces that the Directors have resolved to extend the Closing Date of the Rights Issue from 24 January 2011 to 1 February 2011 , and as a consequence other important dates are also varied. Also, with the approval of ASX, the last day of Rights trading is now 24 January 2011 .

As a result of the extension of the Closing Date, the latest time for receipt of Entitlement and Acceptance Forms is now 5:00pm (AEDT) on 1 February 2011 . The extension of the Closing Date will have a consequential effect on the following key dates of the Rights Issue timetable:

Event:	New date:
Last dayof Rights trading	24 January2011
Securitiesquoted on a deferred settlement basis	25 January2011
ClosingDate for acceptances of Entitlements	1 February2011
Allotment and issue of New Shares and New Options and deferred settlement tradingends	9 February 2011
Despatch of shareholding statements for New Shares and New Options	9 February 2011
Trading of New Shares and New Options expected to commence	10 February 2011

The dates set out above are indicative only and subject to change. The Directors reserve the right to vary these dates, including the Closing Date, without prior notice. Apart from changes to the above timetable, the terms and conditions of the Rights Issue as set out in the Prospectus remain unchanged.

If you have any questions concerning the Rights Issue, please contact your financial advisor, or the Company Secretary Andrew Draffin on 03 9620 0033.

Yours faithfully,

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Christopher J Bain Chairman and Interim Chief Executive Officer