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DREADNOUGHT RESOURCES LTD Capital/Financing Update 2009

Sep 22, 2009

64785_rns_2009-09-22_7226333d-00c8-494a-bb16-b77eb8615f17.pdf

Capital/Financing Update

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ASX Announcement

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23 September 2009

The Manager Companies Announcements Office Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000

SPP STRONGLY SUPPORTED - RAISING $2.1 MILLION

The Board of Eromanga Uranium Ltd is pleased to announce that the recent Share Purchase Plan (SPP) has been very strongly supported by the Company’s shareholders and has closed almost fully subscribed.

Subject to final verification of acceptances, the SPP will result in the issuing of approximately 34.8 million new shares to raise $2.1 million. This shareholder endorsement of the Company’s strategy will allow Eromanga to embark on an aggressive exploration program across its portfolio of gold and uranium assets whilst accelerating the development of the Georgetown Gold Operations.

The Board would like to thank our loyal shareholders for their continuing support and believe that the Company is extremely well positioned for exploration success and growth in the 2009-2010 year.

Eromanga Uranium Limited ACN 119 031 864

62 Beulah Road Norwood South Australia 5067

Kevin Lines Managing Director

23 september 2009

PO Box 3126 Norwood South Australia 5067

Phone 61 8 8132 7970 Fax 61 8 8132 7999

Email [email protected] web www.eromangauranium.com

For further information please contact Eromanga Uranium on 08 8132 7970 or Investor Relations – Mr Duncan Gordon on 0404 006 444

Further information relating to Eromanga Uranium Limited and its various exploration projects can be found on the Eromanga website: www.eromangauranium.com

Eromanga Uranium Limited 1