DART MINING NL — Share Issue/Capital Change 2011

Feb 9, 2011

9 February 2011

Mr Graham Gates Australian Stock Exchange Quotations

By Email: quotations@asx.com.au

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NOTICE OF DESPATCH AND APPLICATION FOR QUOTATION OF NEW ORDINARY SHARES AND OPTIONS IN DART MINING NL

Please find our response to your letter dated 8 February 2011:

1. The allotment and issue of securities was completed on 9 February 2011.

2. The dispatch date for the securities is confirmed to be 9 February 2011

3. 2.1 Listing is sought for 15,384,616 new fully paid ordinary shares and 15,384,621 options. 7,692,313 options were allotted on 9 February 2011 and 7,692,308 were previously issued.

4. 2.2 Following the allotment the new issued capital if the Company is now:

Fully Paid Ordinary Shares 119,438,316 Listed Options, exp 31/12/2011, exercisable @$0.10 15,384,621 Unlisted Options, exp 31/12/2013, exercisable@$0.15 5,000,000

• 2.3 A statement setting out the names of the 20 largest shareholders of each class of security and the percentage held by each is as follows:

TOP 20 ORDINARY SHAREHOLDERS

			NO. OF
RANK	NAME		SHARES	%IC
1	MR RUSSELL SIMPSON & MRS ELIZABETH SIMPSON & MS MEREDITH SIMPSON		6,753,507	5.65%
2	NORTH EAST GEOLOGICAL CONTRACTORS PTY LTD		4,700,000	3.94%
3	TESANEER PTY LTD		3,520,000	2.95%
4	B HOCHWIMMER & ASSOCIATES PTY LTD		3,375,000	2.83%
5	GONCANG PTY LTD		3,000,000	2.51%
6	J BARLOW CONSULTANTS PTY LTD		2,666,666	2.23%
7	SPECIALISED ALLOYS SERVICES PTY LTD		2,400,000	2.01%
8	GRANITE HILLS (VICTORIA) PTY LTD		2,110,000	1.77%
9	BIMEDENT PTY LTD		2,000,000	1.67%
10	BANNABY INVESTMENTS PTY LTD		1,500,000	1.26%
11	LIFCHEM PTY LTD		1,500,000	1.26%
12	MR ERROL GIUSEPPE ROBERTSON		1,400,000	1.17%
13	MR RUSSELL MCLARTY SIMPSON & MRS ELIZABETH VERNON SIMPSON		1,349,000	1.13%
14	STONNINGTON SECURITIES PTY LTD		1,061,538	0.89%
15	MINADCO PTY LTD		1,034,998	0.87%
16	BANNABY INVESTMENTS PTY LIMITED		1,000,000	0.84%
17	FORTY TRADERS LIMITED		1,000,000	0.84%
18	MR STEPHEN PHILIP HUNT		1,000,000	0.84%
19	MR PHILIP ALAN KENNETH NAYLOR & MRS ANDREA NAYLOR		1,000,000	0.84%
20	MR MATTHEW GARY WALLACE		950,000	0.80%
		TOTAL	43,320,709	36.27%
	BALANCE OF REGISTER		76,117,607	63.73%
	GRAND	TOTAL	119,438,316	100.00%

Level 2, 395 Collins Street Melbourne, Victoria, 3000, Australia

TELEPHONE +61 3 9620 0033 FACSIMILE +61 3 9620 0070 EMAIL info@dartmining.com.au WEB www.dartmining.com.au ACN 119 904 880

	TOP 20 OPTION HOLDERS
		NO. OF
RANK	NAME	SHARES	%IC
1	BIMEDENT PTY LTD	1,000,000	6.50%
2	J BARLOW CONSULTANTS PTY LTD	833,333	5.42%
3	BELLSET NOMINEES PTY LTD	826,690	5.37%
4	CITICORP NOMINEES PTY LIMITED	766,667	4.98%
5	BANNABY INVESTMENTS PTY LTD	750,000	4.87%
6	MR SIMON ROBERT EVANS	625,012	4.06%
7	NATURAL RESOURCES GROUP PTY LTD	425,000	2.76%
8	SPECIALISED ALLOYS SERVICES PTY LTD	400,000	2.60%
9	MR KIAT PHANITH	392,500	2.55%
10	DR PAUL MARK HALLEY	389,367	2.53%
11	MR ATUL CHANDRA NAYAK	356,232	2.32%
12	SPECIALISED ALLOYS SERVICES PTY LTD	333,334	2.17%
13	ABN AMRO CLEARING SYDNEY NOMINEES PTY LTD	330,000	2.14%
14	MRS MARIANNE BROENG	250,000	1.62%
15	MR CHONG KWEE CHING	250,000	1.62%
16	GONCANG PTY LTD	250,000	1.62%
17	MR ERROL GIUSEPPE ROBERTSON	241,667	1.57%
18	MR MENACHEM MENDEL HASOFER	197,500	1.28%
19	MR IAN MCMILLAN HALLIDAY + MRS HELEN MCPHERSON HALLIDAY	193,333	1.26%
20	MR ROBERT WILLIAM PROE	192,500	1.25%
	TOTAL	9,003,135	58.52%
	BALANCE OF REGISTER	6,381,486	41.48%
	GRAND TOTAL	15,384,621	100.00%

• 2.4 A distribution schedule of options with the number holders in each category is as follows:

DTM OPTIONS - EXPIRY 31 DECEMBER 2011, EXERCISABLE @$0.10

RANGE INVESTORS		SECURITIES %
1 to 1,000 20 10,048 0.07 1,001 to 5,000 95 263,946 1.72 5,001 to 10,000 39 314,055 2.04 10,001 to 100,000 91 3,538,354 23.00 100,001 and Over 36 11,258,218 73.18
TOTAL 281 15,384,621 100.00

Please contact Andrew Draffin on the number below should you require any further information.

Yours faithfully,

Andrew Draffin Company Secretary Dart Mining NL

Level 2, 395 Collins Street Melbourne, Victoria, 3000, Australia

TELEPHONE +61 3 9620 0033 FACSIMILE +61 3 9620 0070 EMAIL info@dartmining.com.au WEB www.dartmining.com.au ACN 119 904 880