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EV RESOURCES LTD Share Issue/Capital Change 2013

Sep 17, 2013

64887_rns_2013-09-17_b2e92dbc-eea4-466b-98e5-17b156a75043.pdf

Share Issue/Capital Change

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ASX ANNOUNCEMENT

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18 September 2013

Securities issued under Listing Rule 7.1A

The following information is provided in accordance with Listing Rule 7.1A.4(b) with reference to the Appendix 3B lodged by the Company on 18 September 2013.

(a) Details of the dilution to existing holders of ordinary securities caused by the issue:

The Company issued 888,409 ordinary shares under Listing Rule 7.1.A, resulting in the following potential dilution to existing holders of ordinary securities:

  • Number of fully paid ordinary shares on issue prior to 7.1.A securities issue: 237,563,868

  • Ordinary Shares issued under Listing Rule 7.1.A: 888,409

  • Total fully paid on issue if unlisted options exercised: 238,452,277

  • Percentage of voting dilution: 0.37%

(b) Where the equity securities are issued for cash consideration, a statement of the reasons why the eligible entity issued the equity securities as a placement under rule 7.1A and not as (or in addition to) a pro rata issue or other type of issue in which existing ordinary security holders would have been eligible to participate:

The ordinary shares were issued to an unrelated third party in satisfaction of fees associated with the Bond Subscription Agreement as announced today.

(c) Details of any underwriting arrangements; including any fess payable to the underwriter:

No underwriting arrangements were entered into.

(d) Any fees or costs incurred in connection with the issue:

No fee was paid.

ENDS

About South East Asia Resources Limited

South East Asia Resources is a resources focused resource exploration company listed on the Australian Securities Exchange (ASX code: SXI) and Frankfurt Stock Exchange (FSE code: R1E), with a vision to find, prove and extract value from world class resource projects in South East Asia. The Company is building a resources portfolio with its cornerstone project Malala Molybdenum Project in the Toli Toli Province in North Sulawesi, Indonesia with coal interests in the East Kalimantan, Indonesia and Tasmania Australia.

South East Asia Resources Limited ACN 009 144 503

311-313 Hay Street Subiaco, Western Australia 6008 T:+61 (0) 8 6489 0600 www.southeastasiaresources.com.au