GENESIS RESOURCES LIMITED — Capital/Financing Update 2014

Jan 23, 2014

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MARKET RELEASE

24 January 2014

Genesis Resources Limited

TRADING HALT

The securities of Genesis Resources Limited (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 January 2014 or when the announcement is released to the market.

Security Code: GES

Jill Hewitt Senior Adviser, Listings Compliance (Perth)

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GENESIS RESOURCES LIMITED

(ASX: GES)

24 January 2014

Ms Kerrie Papamihail Australian Securities Exchange Limited Level 8 Exchange Plaza, 2 The Esplanade Perth WA 6000

BY EMAIL ONLY: tradinghaltsperth@asx.com.au

Dear Ms Papamihail

Trading Halt Request

Genesis Resources Limited (the Company ) requests an immediate halt to the trading of the Company’s ordinary shares quoted on ASX. The trading halt is requested pending an announcement to be made by the Company to the market in connection with a proposed transaction.

In accordance with Listing Rule 17.1, the Company provides the following information in relation to the request:

1. The trading halt is necessary to assist the Company in managing its continuous disclosure obligations as the Company expects to make a material announcement to the market in relation to a proposed transaction.

2. The Company requests that the trading halt remains in place until the earlier of commencement of normal trading on 29 January 2014, or when the announcement regarding the proposed transaction is released to the market.

3. The Company expects to make an announcement to the market concerning the proposed capital raising before the commencement of normal trading on 29 January 2014.

4. The Company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.

Signed for and on behalf of Genesis Resources Limited

Sophie Karzis Company Secretary

GENESIS RESOURCES LIMITED ACN 114 787 469 Level 1, 61 Spring Street, Melbourne, Victoria 3000, Australia T + 61 3 9286 7500 | F + 61 3 9662 1472 | www.genesisresourcesltd.com.au