FENIX RESOURCES LTD — Share Issue/Capital Change 2010

Jul 18, 2010

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19 July 2010

Company Announcements Office Australian Securities Exchange Level 4 20 Bridge St Sydney NSW 2000

SECURITIES BEING RELEASED FROM ESCROW

In accordance with Listing Rule 3.10A please be advised that 9,100,000 ordinary fully paid shares and 3,700,000 options, exercisable at 20 cents each on or before 31 August 2012, will be released from escrow on or after 4 August 2010.

Emergent Resources Limited

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Kevin Hart Company Secretary