Future Metals NL — Board/Management Information 2011

Jun 22, 2011

23 June 2011

==> picture [293 x 54] intentionally omitted <==

Manager of Company Announcements ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

By E-Lodgement

Admission to AIM

BOARD & MANAGEMENT Mr Greg Bandy EXECUTIVE DIRECTOR

Mr Jason Bontempo NON-EXECUTIVE DIRECTOR

Mr Stephen Brockhurst NON-EXECUTIVE DIRECTOR

Ms Shannon Robinson COMPANY SECRETARY

Highlights

• Admission to AIM (Ticker: RMP); dual-listed on the ASX (Ticker: RMP)

• High-impact assets in both Somalia and Georgia; both with active work programmes and initial drilling in the coming months

• 20% working interest in two licences in Puntland, Somalia; that have been independently assessed to potentially contain over 19.95 billion barrels of oil inplace

• 20% working interest in two onshore blocks in the Republic of Georgia; that have been independently assessed to contain an estimated 2.045 billion barrels of oil-in-place

Red Emperor, which invests in natural resources exploration projects with interests in Australia, the frontier state of Puntland, Somalia, and the Republic of Georgia, is pleased to announce that it has been admitted to trading on AIM, as of 08:00 on 23 June 2011.

REGISTERED OFFICE 945 Wellington Street West Perth WA 6005

POSTAL ADDRESS PO Box 1263 West Perth WA 6872

CONTACT DETAILS Tel: +61 8 9322 7600 Fax: +61 8 9322 7602

WEBSITE

www.redemperorresources.com

In Puntland, Red Emperor holds a 20% working interest in two licences encompassing the highly prospective Dharoor and Nugaal valleys. These two exploration areas cover nearly 40,000km[2] and have independently been assessed to potentially contain over 19.9 billion barrels of oil in-place. Red Emperor’s joint venture partner and PSA operator, Africa Oil Corp. (TSXV: AOI), has signed a letter of intent with a drilling subcontractor and expects the first well to be drilled in Dharoor in Q3, 2011.

Red Emperor has a 20% working interest two onshore blocks in the Republic of Georgia; VIa and VIb, covering approx. 6,500km[2] . Joint venture partner Range Resources Ltd (ASX: RRS; AIM: RRL) last year completed a 410km 2D seismic program with independent consultants RPS Energy identifying 68 potential structures containing an estimated 2.045 billion barrels of oil-in-place (on a mean 100% basis). Mobilisation has commenced with the first exploration well due to spud in June 2011.

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

ASX CODE RMP

AIM CODE RMP

The Company also has a 25% interest in the Jillewarra Project, a copper and gold project in Western Australia, and Red Emperor is free-carried until bankable feasibility study.

Greg Bandy, Managing Director, commented, “We are pleased to join AIM today and address the European investment community, which is well regarded globally for both its appetite for frontier resource exploration and support for developments in emerging economies. “

==> picture [90 x 53] intentionally omitted <==

“Through both our listings, Red Emperor provides direct exposure into two vastly high-impact assets, both of which are scheduled for drilling in the coming months. Success with either would not only be transformational for the Company, but also the local regions and communities and we look forward to updating investors over the summer.”

Cairn Financial Advisers LLP is Red Emperor’s Nominated Adviser and Old Park Lane Capital plc is acting as the Company’s broker.

For and on behalf of the Board

Greg Bandy Executive Director

945 Wellington Street, West Perth WA 6005 | Tel: +61 8 9322 7600 | Fax; +61 8 9322 7602 | www.redemperorresources.com ABN 99 124 734 961