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ELEMENTOS LIMITED Share Issue/Capital Change 2012

Jan 30, 2012

64837_rns_2012-01-30_fb347c5f-a7eb-4d95-b7c3-98d28446131f.pdf

Share Issue/Capital Change

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31 January 2012

RESET OF OPTION EXERCISE PRICE

Elementos Limited (ASX:ELT) advises that pursuant to the Listing Rules the exercise price of a number of unlisted options granted have been re-set as a result of a prorata rights issue undertaken by the Company in March 2011.

In addition, the Company advises an error in relation to 1,500,000 options previously reported as exercisable at 30 cents and expiring 31 December 2011. The correct expiry date under the Agreement covering the grant of the options is 23 December 2013.

The revised capital structure of the Company is:

Number Class
Quoted securities 82,383,526 Ordinary Shares
Unquoted securities 5,500,0001,500,0001,200,000500,0001,000,000 Options exercisable at 23.3 centsexpiring 23 October 2015Options exercisable at 30.0 centsexpiring 23 December 2013Options exercisable at 25.0 centsexpiring 7 September 2015Options exercisable at 23.3 centsexpiring 30 November 2015Options exercisable at 33.3 centsexpiring 18 January 2017

For more information, please contact: Linda Scott Chief Financial Officer Phone: +61 (7) 3221 7770 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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