ECLIPSE METALS LIMITED. — Capital/Financing Update 2013

Jun 13, 2013

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ASX ANNOUNCEMENT

14 June 2013

The Manager

Company Announcements Australian Securities Exchange Limited Level 6, 20 Bridge Street Sydney NSW 2000

By e-lodgement

FULLY UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE SHORTFALL

Eclipse Metals Limited (ASX: PNE) (“ Eclipse ” or “ the Company ”) refers to the previously announced fully underwritten renounceable rights issue to raise $2.4m (before associated costs) through the issue of 486,385,544 New Shares at an issue price of $0.05 on the basis of 2 New Shares for every 1 Share held on the record date.

The Company advises that valid acceptances have been received from shareholders to subscribe for New Shares to the value of $303,720 (60,744,052 shares) representing a take-up of approximately 12%. The Directors wish to express their appreciation to the shareholders for their continued support of the Company.

The resultant shortfall of shares to the value of $2,128,207 (425,641,492 shares) has been taken up by the underwriter to the renounceable rights issue, Komodo Capital Pty Ltd AFSL 344234.

Allotment of the New Shares is scheduled to be completed on 19 June 2013.

Please be advised that the Company’s Principal Place of Business is now:

24 Kings Park Road West Perth WA 6005 Phone: + 61 8 9481 3992 Fax: + 61 8 9481 5665

BOARD Carl Popal Director Peter Landau Director David Sanders Director COMPANY SECRETARY Jane Flegg

REGISTERED OFFICE

Ground Floor, 1 Havelock Street West Perth WA 6005 Phone: +61 8 9488 5220 Fax: + 61 8 9324 2400

PRINCIPAL PLACE OF BUSINESS

24 Kings Park Road WEST PERTH WA 6005 Phone: + 61 8 9481 3992 Fax: + 61 8 9481 5665

AUSTRALIAN BUSINESS NUMBER 85 142 366 541

SHARE REGISTRY Security Transfer Registrars 770 Canning Highway Applecross WA 6153

ASX CODE EPM

www.eclipsemetals.com.au

Yours faithfully,

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Carl Popal Director

For further information please contact:

Carl Popal Jane Flegg Director Company Secretary T: + 61 8 9481 3992 T: +61 8 9488 5220

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ECLIPSE METALS LIMITED

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