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ELEMENTOS LIMITED Capital/Financing Update 2011

Jan 24, 2011

64837_rns_2011-01-24_2844e640-6ae9-4e14-ac03-7282190e5101.pdf

Capital/Financing Update

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25 January 2011

RIGHTS ISSUE TIMETABLE

Elementos Limited (ASX: ELT) (“Elementos” or the “Company”) is pleased to provide an updated timetable for the non-renounceable pro-rata rights issue announced on the 29 December 2010.

Event Date
Rights issue prospectus lodged with ASIC and ASX 28 Jan 2011
Notice with information on Rights Issue sent to Share-holders 28 Jan 2011
Shares commence trading on ASX on an ex rights basis 2 Feb 20111
Record date for participation in the rights issue 8 Feb 2011
Prospectus dispatched to Shareholders 10 Feb 2011
Closing time and date for acceptance and paymentin full under rights issue (5.00pm EST) 25 Feb 2011
Shares quoted on a deferred settlement basis 28 Feb 2011
Notice of under-subscriptions to ASX 1 Mar 2011
Allotment of New Shares and Despatch of ShareholderStatements for New Shares issued under Offer 3 Mar 2011
Normal Trading commences for New Shares on ASX 4 Mar 2011

For more information, please contact:

Corey Nolan Managing Director Phone: +61 (7) 3871 3985 Email: [email protected]

Elementos is an Australian, ASX-listed, exploration company, with a number of projects in Argentina and Australia, which offer an attractive investment environment. The properties are all in mineral rich, highly prospective provinces, with developed infrastructure nearby. Please visit us at www.elementos.com.au

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