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EVOLUTION MINING LIMITED Capital/Financing Update 2009

Mar 29, 2009

64885_rns_2009-03-29_f5b510a6-b5d6-4ef0-97d4-437e6a11ac24.pdf

Capital/Financing Update

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ASX PERTH

MARKET RELEASE

30 March 2009

Catalpa Resources Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Catalpa Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

Security Code:

CAH CAHO CAHOB

Jill Hewitt Adviser Issuers (Perth)

30 March 2009

Attn: Jill Hewltt ASX Ltd Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

Fax: 08 9221 2020

Dear Jill,

CATALPA RESOURCES LIMITED: REQUEST FOR VOLUNTARY SUSPENSION

Catalpa Resources Limited ACN 084 669 036 (the Company) hereby requests that its securities on the ASX be placed in voluntary suspension pending an announcement to the market regarding a proposed equity raising for the development of the Edna May Project.

The Company anticipates that it will be in a position to make a further announcement to the market concerning the proposed equity raising on or before Tuesday, 31 March 2009.

The Company is not aware of any reason why the requested voluntary suspension should not be granted.

Yours sincerely CATALPA RESOURCES LTD

GRAHAM ANDERSON Company Secretary