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FIN RESOURCES LIMITED Capital/Financing Update 2009

Sep 10, 2009

64920_rns_2009-09-10_6250de4f-06d1-4ca1-9b76-afa6826e5900.pdf

Capital/Financing Update

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ASX RELEASE

11 September 2009

Company Announcements Office ASX Limited

By electronic lodgement

Dear Sir/Madam,

MONITOR ANNOUNCES UNDERWRITTEN RENOUNCEABLE ENTITLEMENT ISSUE

Monitor Energy Limited (“Monitor” or “Company”) is pleased to announce a pro rata renounceable entitlement issue on the basis of one (1) new share for every one (1) share on issue totalling 1,557,695,704 new shares in the company at an issue price of $0.002 per share to raise approximately $3,115,391.

The Company is in the process of finalising an Entitlement Issue Prospectus which will be lodged with ASIC shortly.

The Renounceable Entitlement Issue is fully underwritten by Patersons Securities Limited.

Sincerely,

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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