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ENERGY METALS LTD Capital/Financing Update 2013

Dec 11, 2013

64845_rns_2013-12-11_556ed274-fe6d-4e99-bee9-2d22bdf2025b.pdf

Capital/Financing Update

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Energy Metals Limited ABN 63 111 306 533 Level 2 8 Colin Street West Perth WA 6005 PO Box 1323 West Perth WA 6872 Western Australia Telephone: (08) 9322 6904 Facsimile: (08) 9321 5240 Email: [email protected] Web: www.energymetals.net

12 December 2013

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Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

NON-RENOUNCEABLE ENTITLEMENT ISSUE - EXTENSION OF CLOSING DATE

Energy Metals Limited (ASX: EME) advises that it has resolved to extend the Closing Date for the current non-renounceable entitlement issue.

Non-renounceable Entitlement Issue and Revised Timetable

As announced on 19 November 2013, the Company is making a non-renounceable pro rata offer of four (4) New Shares for every eleven (11) New Shares held by shareholders registered at the Record Date at an issue price of $0.168 per share.

The Closing Date for the Offer has been extended by 18 business days to 20 January 2014. Please refer below for the revised indicative timetable.

Event Date
Record Date 27 November 2013
Offer Document Dispatched to Shareholders 28 November 2013
Opening Date 29 November 2013
Closing Date 5pm (WST) 20 January 2014
Securities quoted on a deferred settlement basis 21 January 2014
Entity notifies ASX of under-subscriptions 21 January 2014
Dispatch Holding Statements and notify ASX ofdispatch 22 January 2014
Normal (T+3) trading starts 23 January 2014

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The dates above are indicative only and subject to change. The Company reserves the right, subject to the Corporations Act and the Listing Rules, to change any date including further extending the Closing Date of the Offer, closing the Offer early, accepting late acceptances either generally or in particular cases, or withdrawing or reducing the size of the Offer without notice. Any extension of the Closing Date will have a consequential effect on the issue date of New Shares.

Capitalised terms in this announcement have the same meaning as those in the Offer Document announced on 19 November 2013.

Yours sincerely,

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WEIDONG XIANG Managing Director

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