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FENIX RESOURCES LTD Capital/Financing Update 2012

Feb 15, 2012

64910_rns_2012-02-15_31f06ced-409c-426d-8c0b-5b6309332c34.pdf

Capital/Financing Update

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ASX/MEDIA RELEASE 16 February 2012

EMERGENT RECEIVES R&D TAX CONCESSION

Emergent Resources Limited (ASX: EMG ) ( Emergent or The Company ) is pleased to announce that it has received a total of $513,960 from the Australian Taxation Office in respect of a Research and Development Tax Concession claim for qualifying expenditure incurred during the 30 June 2011 financial year.

The funds, together with the Company’s existing cash reserves of $3,592,000 (December 31 2011) ensure that the Company is in a sound cash position to fund exploration and potential project acquisition.

ENDS

For further information please contact: Nathan Lude Wolfgang Fischer Managing Director Chairman Emergent Resources Limited PH: +61 8 9380 9122 E: [email protected] Website: www.emergentresources.com.au