ELEMENT 25 LIMITED — Board/Management Information 2011

Jun 30, 2011

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1 July 2011 Company Announcements Office ASX Limited 20 Bond Street SYDNEY NSW 2000

Dear Sir or Madam

RETIREMENT OF CHAIRMAN DENIS O’MEARA

It is with regret that we advise the Company’s founding Chairman, Mr Denis O’Meara, has retired from his position effective 30 June 2011.

I would like to take this opportunity to extend on behalf of the Board and Staff our sincere gratitude to Mr O’Meara for his dedicated commitment to the Company since listing in 2006. His wisdom and advice will be missed and we wish him and his family the very best for the future.

I am, however, pleased to advise that Mr Seamus Cornelius will be joining the Board of Directors of Montezuma Mining Company Limited as Chairman.

Mr Cornelius brings 21 years of corporate experience in both legal and commercial negotiations. Mr Cornelius has been based in Shanghai and Beijing since 1993 where he has been living and working as a corporate lawyer.

From 2000 to 2010, Mr Cornelius was an international partner with one of Australia’s leading law firms and specialised in dealing with cross border investments, particularly in the energy and resource sectors. Mr Cornelius has for many years advised large international companies on their investments in China and in recent years advised Chinese state owned entities on their investments in natural resource projects outside China, including Australia.

We welcome the addition of Seamus’ experience and expertise as we guide the Company forward.

Yours faithfully

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John Ribbons

Director and Company Secretary