ECLIPSE METALS LIMITED. — Capital/Financing Update 2013

Mar 18, 2013

==> picture [218 x 78] intentionally omitted <==

ASX ANNOUNCEMENT

DATE 19 March 2013

ASX Market Announcements Company Announcements Office SYDNEY NSW 2000

Notification Under Section 708A(5)(E)

Eclipse Metals Limited (“EPM” or “the Company”) refers to the Appendix 3B released on 19 March 2013 regarding the issue of 11,353,131 fully paid Ordinary Shares.

The Company gives notice pursuant to Section 708A(5)(e) of the Corporations Act that:

1. The Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act.

2. The Company, as at the date of this Notice, has complied with:

   • (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

   • (b) Section 674 of the Act.

3. As at the date of this notice, there is no information:

   • (a) that has been excluded from a continuous disclosure notice in accordance with the ASX listing rules; and

   • (b) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

     • i. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

     • ii. the rights and liabilities attaching to the Shares.

==> picture [234 x 64] intentionally omitted <==

Robert Marusco Company Secretary

==> picture [594 x 29] intentionally omitted <==

110379 (133681)