ECLIPSE METALS LIMITED. — Capital/Financing Update 2011

Jul 21, 2011

ASX ANNOUNCEMENT

BOARD

CLOSURE OF NON-RENOUNCEABLE ENTITLEMENT ISSUE OF OPTIONS

Mark Fogarty Managing Director

Brett Smith Chairman

The Directors of Eclipse Uranium Limited are pleased to announce that the pro rata Non-Renounceable Entitlement Issue of Options offered pursuant to the Prospectus lodged on 22 June 2011 has closed.

Paul Kelly Non-Executive Director

Emilio Pietro Del Fante Non-Executive Director

Yours faithfully

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Melissa Chapman Company Secretary

COMPANY SECRETARY

Melissa Chapman

REGISTERED OFFICE AND PRINCIPLE PLACE OF BUSINESS

18 Oxford Close Leederville WA 6007

COMMUNICATION DETAILS

Telephone: +61 8 6382 5577 Facsimile: +61 8 9380 9666

AUSTRALIAN BUSINESS NUMBER 85 142 366 541

SHARE REGISTRY

Security Transfer Registrars 770 Canning Highway Applecross WA 6153

ASX CODE

EUL