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ECOGRAF LIMITED Capital/Financing Update 2012

Jun 17, 2012

64830_rns_2012-06-17_28fd9851-2361-4ef3-a159-f282262b3654.pdf

Capital/Financing Update

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ASX Announcement

18 June 2012

NON-RENOUNCEABLE RIGHTS ISSUE

Kibaran Nickel Limited is pleased to announce that the Offer Document pursuant to the Non-Renounceable Rights Issue announced on 1 June 2012 has been mailed to all eligible shareholders today.

The Closing Date for acceptances is 2 July 2012.

ABOUT KIBARAN NICKEL LIMITED

Kibaran Nickel is an ASX listed exploration company that trades under the symbol KNL. The Company focused on exploring the highly prospective Kagera Nickel project which is adjacent to the Kabanga Nickel Projects which are among the largest undeveloped, high grade nickel sulphide deposits in the world and is completing the acquision of Tanzgraphite Pty Ltd which has the rights to the Mahenge and Arusha projects in Tanzania that are considered prospective for graphite mineralisation.

For further information please contact:

Enquiries: Andrew Bursill – Company Secretary Telephone: + 612 9299 9690