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EMETALS LIMITED Board/Management Information 2012

Oct 3, 2012

64850_rns_2012-10-03_3300bf4c-1b26-4bdd-9494-54174ca656e0.pdf

Board/Management Information

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ASX announcement

4 October 2012

WEST PEAK IRON LTD

Board Appointment – Mr Jimmy Lee Golden West Resources Limited becomes substantial shareholder.

ACN: 142 411 390

T: 08 6489 1600

F: 08 6489 1601

E: [email protected] Suite 9, 330 Churchill Avenue,

Subiaco WA 6008

PO Box 866,

Subiaco WA 6904

The Directors of West Peak Iron Limited (“West Peak” or the “Company”) are pleased to announce the appointment of Mr Kong Leng (Jimmy) Lee to its board of directors.

Mr Lee provides mining and corporate advisory services to the mining industry, is a qualified mining engineer and a member of the AusIMM. He has more than 30 years of mining industry experience and has successfully worked with a number of major Australian mining companies. He has held senior positions with Hamersley Iron Ltd, Dominion Mining Ltd, Christmas Island Phosphates Ltd, North Ltd, Carey Mining Ltd, and was formerly a founding director of Terrain Minerals Limited.

www.westpeakiron.com.au


Directors & Management

Graham Marshall: Chairman

Mathew Walker: Director

Jimmy Lee: Director

John Royle: Director

Shane Tomlinson: Exploration Manager

David Parker: Joint Company Secretary

Sonu Cheema: Joint Company Secretary


Mr Lee also currently serves as a non-executive director of Golden West Resources Limited (ASX Code: GWR). The Directors of West Peak also wish to advise that the Company, in consultation with the Underwriter of the recent entitlement issue, has accepted an application from GWR to participate in the entitlement issue shortfall of 12,000,000 shares, giving GWR a 18.6% shareholding in WPI.

Commenting on the appointment of Mr Lee, and GWR becoming a substantial shareholder in WPI, Mr Graham Marshall, Chairman of WPI, said:

“Mr Lee and has a wealth of mining industry experience and an extensive contact network within the mining industry. His appointment is a welcome addition to our board. We are also delighted to have attracted the interest of a substantial and successful Company such as GWR and see their interest in our Company as an endorsement of the potential of our assets, both in Western Australia and West Africa. We welcome Mr Lee to our board and GWR to our register”.

Yours Faithfully By Order of the Board

Issued Capital

64,500,000 ordinary shares

13,105,465 unlisted options exercisable at 20 cents each on or before 30 June 2013

Mathew Walker Executive Director

500,000 unlisted options exercisable at 30 cents each on or before 30 June 2013


ASX Code: WPI