EQ RESOURCES LIMITED — Capital/Financing Update 2013

Dec 1, 2013

==> picture [150 x 107] intentionally omitted <==

ASX ANNOUNCEMENT

2 December 2013

Company Announcements Office ASX Limited Exchange Centre Level 4, 20 Bridge Street SYDNEY NSW 2000

EXPIRY OF UNLISTED OPTIONS

Carbine Tungsten Limited ( ASX:CNQ ) advises that 1,500,000 unlisted options exercisable at $0.34 expired without exercise on 30 November 2013.

==> picture [145 x 39] intentionally omitted <==

Tom Bloomfield Company Secretary

Carbine Tungsten Limited ACN 115 009 106 50 Scott Street, Bungalow, CAIRNS QLD 4870 - PO Box 1040, Bungalow, CAIRNS QLD 4870 Telephone: +61 (0)7 4052 2400 - Facsimile: +61 (0)7 4052 2444 www.carbinetungsten.com.au

(ASX: CNQ)