FIN RESOURCES LIMITED — Capital/Financing Update 2009

Dec 22, 2009

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ASX RELEASE

23 December 2009

$2,000,000 PLACEMENT FINALISED

Monitor Energy Limited (“MHL”) is pleased to announce that the private placement to raise $2 million through the issue of 500 million ordinary fully paid shares in the capital of the Company at an issue price of A$0.004 has been completed.

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Yours faithfully Stephen Brockhurst Company Secretary

35 Richardson Street West Perth WA 6005 Australia PO Box 1440 West Perth WA 6872 Australia Ph: +61 8 9211 1555 Fx: +61 8 9211 1500 ABN 25 009 121 644