ELEMENT 25 LIMITED — Capital/Financing Update 2012

Oct 15, 2012

==> picture [123 x 73] intentionally omitted <==

16 October 2012

Company Announcements Office ASX Limited 20 Bond Street SYDNEY NSW 2000

By Electronic Lodgement

Dear Sir

ISSUE OF MONTEZUMA MINING COMPANY LTD SHARES – SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 ("Act")

On 16 October 2012, Montezuma Mining Company Ltd (" Company ") issued 550,000 fully paid ordinary shares at an issue price of $0.20 each (" Securities ").

Secondary Trading Exemption

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

• (b) as at 16 October 2012 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at 16 October 2012 there is no information:

  • i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

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

    • B. the rights and liabilities attaching to the Securities.

Yours faithfully

John Ribbons Company Secretary

Montezuma Mining Company Ltd. ABN 46 119 711 929 PO Box 910, West Perth WA 6872 Ground Floor, 31 Ventnor Ave, West Perth WA 6005 Phone: +61 8 6315 1400 Fax: +61 8 9486 7093 Website: www.montezumamining.com.au admin@montezumamining.com.au