Future Metals NL — Capital/Financing Update 2012

Feb 26, 2012

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MARKET RELEASE

27 February 2012

Red Emperor Resources NL

TRADING HALT

The securities of Red Emperor Resources NL (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday, 29 February 2012 or when the announcement is released to the market.

Security Code: RMP

Wade Baggott Senior Adviser, Listings (Perth)

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27 February 2012

Mr Wade Baggott Advisor Issuers (Perth) ASX Limited Level 8, Exchange Plaza 2 The Esplanade Perth WA 6000

By email

Dear Wade

Request for Trading Halt

Red Emperor Resources NL hereby requests a trading halt to be applied to all the quoted securities of the Company to apply from commencement of trading on Monday, 27 February 2012.

In accordance with Listing Rule 17.1, we provide the following information in relation to this request.

• (a) The Company is seeking a trading halt pending an announcement in relation to a capital raising.

• (b) We request the trading halt be put in place until the Company is in a position to make an announcement, which is expected to be before market open on Wednesday, 29 February 2012.

BOARD & MANAGEMENT Mr Greg Bandy EXECUTIVE DIRECTOR

Mr Jason Bontempo NON-EXECUTIVE DIRECTOR

Mr Stephen Brockhurst NON-EXECUTIVE DIRECTOR

Ms Rebecca Sandford Ms Shannon Robinson JOINT COMPANY SECRETARY

REGISTERED OFFICE

Ground Floor 1 Havelock Street West Perth WA 6005

POSTAL ADDRESS PO Box 1440 West Perth WA 6872

CONTACT DETAILS Tel: +61 8 9488 5220 Fax: +61 8 9324 2400

WEBSITE

www.redemperorresources.com

• (c) We are not aware of any reason why a trading halt should not be granted.

Should you have any queries or would like to discuss this matter further, please do not hesitate to contact me.

Yours sincerely

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Shannon Robinson Company Secretary

SHARE REGISTRY Computershare Level 2 45 St Georges Terrace Perth WA 6000 Tel: 1300 555 159

NOMINATED ADVISER Cairn Financial Advisers LLP 61 Cheapside London EC2V 6AX

Tel: +44 (0) 207 148 7900 Fax: +44 (0) 207 148 7909

ASX CODE RMP

AIM CODE RMP