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Future Metals NL Capital/Financing Update 2009

May 25, 2009

10485_rns_2009-05-25_fad5f6c9-5011-4b68-9dfd-0e6030048cd1.pdf

Capital/Financing Update

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MARKET RELEASE

26 May 2009

Red Emperor Resources NL

TRADING HALT

The securities of Red Emperor Resources NL (the "Company") will be placed in preopen at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 28 May 2009 or when the announcement is released to the market.

Security Codes: RMP

RMPO

Dendin

Nicholas Ong Principal Adviser, Issuers

26 May 2009

Australian Stock Exchange Limited Exchange Plaza 2 The Esplanade PERTH WA 6000

Attention: James Rowe

Facsimile No.: 9221 2020

Dear James.

REQUEST FOR TRADING HALT

Red Emperor Resources Limited (ASX Code: RMP) requests a trading halt over the Company's securities. The trading halt is requested until an announcement is made to the market in relation to a potential capital raising.

The Directors are not aware of any reason why a trading halt should not be granted.

Yours faithfully

Kent Hunter Director