GBM RESOURCES LIMITED. — Capital/Financing Update 2009

Oct 12, 2009

==> picture [153 x 74] intentionally omitted <==

13 October 2009

ABN 91 124 752 745 www.gbmr.com.au

The Manager Company Announcements Australian Securities Exchange Ltd Level 5, 20 Bridge Street Sydney NSW 2000

Dear Sir,

Release of Escrow Securities

In accordance with ASX Listing Rule 3.10A GBM Resources Limited advises that the following securities will be released from escrow on 24 October 2009.

Ordinary shares 25,575,000 Options exercisable at 25c on or before 30 June 2010 3,000,000 Options exercisable at 22c on or before 30 June 2010 13,075,000

Yours sincerely,

==> picture [132 x 73] intentionally omitted <==

Stuart Usher Company Secretary GBM Resources Limited

Level 1, 335 Churchill Ave Subiaco WA 6008 PO Box 608 Subiaco WA 6904 T 08 9388 6899 F 08 9388 6977

Exploration Office: 10 Parker Street, P O Box 658 Castlemaine VIC 3450

Registered Office:

Tel / Fax

03 5470 5033