GLOBE METALS & MINING LIMITED — Share Issue/Capital Change 2013

Dec 19, 2013

ASX RELEASE ASX RELEASE 30 June 2013

20 December 2013

Unmarketable Parcel Sale Facility

Investment Summary

• ASX listed African‐focused resources company (ASX:GBE)

• 100% interest held on projects in Malawi including niobium, graphite and rare earths

• Malawi Kanyika Niobium project in feasibility optimisation

Directors and Management

Non‐Executive Chairman Mr Shao Yi Managing Director Mr Alistair Stephens Executive Director & Deputy CEO Ms Shasha Lu

Non‐Executive Director

Ms Alice Wong Mr Jingbin Tian Mr Peter Stephens

Independent Non‐executive Director Mr William Hayden Mr Bo Tan

• CFO & Company Secretary Ms Kerry Angel

FPOS 469,729,062 OPTIONS 11,550,000 (various) GBEAQ 3M Rights expire June 2014

Contact

Alistair Stephens Managing Director info@globemetalsandmining.com.au T: +61 08 9327 0700

Globe Metals & Mining (“ Globe ” or “ the Company ”; ASX:GBE) announces that it has established a share sale facility for holders of unmarketable parcels of the company’s shares.

The Record Date for the purposes of establishing holders of unmarketable parcels has been set at close of trade on 19 December 2013. An unmarketable parcel (which is a parcel of GBE shares with a market value of less than $500 on the record date) will be any shareholding of 12,499 shares or less.

Shareholders with unmarketable parcels will receive a letter and a retention form in the mail. If these shareholders want to sell shares through the Facility, they do not need to take any action. If these shareholders do not wish to sell shares through the facility, they must complete and return the retention form to the Share Registry by 7 February 2014.

Attached is a copy of the letter and the retention form that was despatched today to all shareholders holding an unmarketable parcel on the Record Date.

Globe is offering this facility to assist shareholders of unmarketable parcels (determined at the Record Date) to sell their Globe shares without having to use a broker or pay a brokerage.

Globe will organise payment of all the costs of sale for those shareholders who take advantage of the facility (any tax consequences from the sale will be the shareholder’s responsibility). The shares will be sold at market price for the relevant shares.

Over 640 of the Company’s approximately 1,423 shareholders hold unmarketable parcels making up approximately 45% of the shareholder register. The shares held in unmarketable parcels represent about 0.8% of the Company’s total fully paid ordinary shares on issue. By facilitating the sale of unmarketable parcels the Company expects to reduce the administrative costs associated with maintaining a large number of small shareholdings.

For further information on this announcement contact Globe Metals and Mining Ltd on +61 8 9327 0700 or our share registry Security Transfer Registrars on +61 8 9315 2333.

Globe Metals and Mining Ltd | Level 1, Suite 2, 16 Ord Street, West Perth, WA, 6005 | PO Box 1811 West Perth WA 6872 | P: +61 8 9327 0700 F: +61 8 9327 0798 | web: globemetalsandmmining.com.au | Email: info@globemetalsandmining.com.au | ABN 33 114 400 609 | ASX:GBE

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ENDS

Contact:

Alistair Stephens Managing Director Globe Metals & Mining Ltd Tel: +61 (0) 8 9327 0700

Shasha Lu Deputy CEO and Executive Director Globe Metals & Mining Ltd Tel: +61 (0) 8 9327 0700

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About Globe Metals & Mining

Globe is currently an African‐focused resources company, with a strategy to grow the company’s global investment opportunities in the minerals industry.

Globe’s Kanyika Niobium Project is located in Malawi, which will produce niobium and tantalum products; key additives in steels and electronics. The Mineral Resource statement substantiates that Kanyika could support a 20 year mine life.

Globe’s corporate head office in Perth, Australia is supported by a regional operational office in Lilongwe, Malawi.

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20 December 2013

Dear Shareholder

ELIMINATION NOTICE – SALE OF UNMARKETABLE PARCELS

Globe Metals & Mining (“ Globe ” or “ the Company ”; ASX: GBE) informs shareholders that the Company has established a share sale facility (“Facility”) for holders of shares valued at less than $500 as at close of trade on 19 December 2013 (‘Unmarketable Parcels’). The facility is being established in accordance with the Company’s Constitution and the ASX listing rules.

Globe currently has 1,423 Shareholders on its share register. Of these, approximately 647 hold parcels of less than $500 in value based on the current share market price, and are deemed holders of unmarketable share parcels.

ASX Listing Rules and the Company’s Constitution empower the Company to sell the security holdings of any member who holds less than a marketable parcel of securities (“Minority Member”) provided the Minority Member has:

• a) been issued with an Elimination Notice and Notice of Retention; and

b) not returned their Notice of Retention by 5:00pm on 7 February 2014 (“Retention Date”).

Globe is entitled to sell on the shareholders behalf, an unmarketable parcel of shares in the Company.

Your shareholding (which is set out on the Notice of Retention) was less than a marketable parcel at 19 December 2013.

To assist in reducing the shareholder spread and the associated administrative costs, Clause 26 of the Company’s Constitution provides the Company with the power to sell unmarketable parcels of shares, at the Company’s cost, and to remit the proceeds to the shareholders whose shares have been disposed of in this manner. In many cases, such a sale may benefit the shareholders involved as it will allow their shares to be readily sold on the ASX (which they might otherwise find difficult to do due to the small size of their shareholding) and there will be no brokerage costs payable by them on the sale (as these will be borne by the Company).

What should you do?

If you do NOT wish to sell your shares through the facility, you must complete and return the attached form to our Share Registry, Security Transfer Registrars so that it is received by 5.00pm (WAST) on 7 February 2014. Please read the instructions on your personalised Share Retention Form carefully before completing it.

If you want to sell your shares through the Facility, you do not need to take any action.

Globe Metals and Mining Ltd | Level 1, Suite 2, 16 Ord Street, West Perth, WA, 6005 | PO Box 1811 West Perth WA 6872 | P: +61 8 9327 0700 F: +61 8 9327 0798 | web: globemetalsandmmining.com.au | Email: info@globemetalsandmining.com.au | ABN 33 114 400 609 | ASX:GBE

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By refraining from taking any action, after the expiration of the time prescribed in the ASX Listing Rules and the Company’s Constitution, you will be deemed to have irrevocably appointed the Company as your agent:

• a) to sell all of your shares at a price to be determined by when and how the shares are sold and without any cost being incurred by you; and

• b) to deal with the proceeds of the sale as set out in the attached information pack.

If you need help deciding what to do, or if you require information regarding the financial, legal or tax consequences of participating in the Facility you should consult your legal, financial or taxation adviser.

You can contact Globe Metals and Mining Ltd on +61 8 9327 0700 or our share registry Security Transfer Registrars on +61 8 9315 2333.

Yours faithfully

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Kerry Angel Company Secretary Globe Metals & Mining Limited

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GLOBE METALS & MINING LIMITED

ABN 33 114 400 609

NOTICE OF RETENTION OF SHARES

Date: 19 December 2013

«Holder_name» «Address_line_1» «Address_line_2» «Address_line_3» «Address_line_4» «Address_line_5»

HIN/SRN: «Holder_type»«Holder_number» Unmarketable Holding: «Securities_1_»

The Directors

I/we wish to retain my/our shareholding in the Company and hereby advise the Company that the provisions of Clause 26 of Globe’s Constitution are not to apply to my/our shares.

Consolidation of Shares

If you have more than one holding in Globe Metals & Mining Limited’s register and you do not sell your shares under the Unmarketable Parcel Sale Facility you should consider consolidating them.

Signatures(s)

Individual/Security holder 1 Security holder 2 Security holder 3 Sole Director & Sole Company Director/Company Secretary Director Secretary Dated: ...... / ....... / .......

Daytime Telephone Number

PLEASE RETURN THIS NOTICE TO THE COMPANY’S SHARE REGISTRY: SECURITY TRANSFER REGISTRARS PTY LTD

Delivery: Post: 770 Canning Highway PO BOX 535 Facsimile: (08) 9315 2233 APPLECROSS WA 6153 APPLECROSS WA 6953 Telephone: (08) 9315 2333

Notes:

1. For full details, please read the Elimination Notice on the reverse side of this notice. 2. If you wish to retain your shareholding in the Company, please sign this notice in the space provided and return it to the Company’s share registry by 5:00pm WST 7 February 2014

2. Notice in respect of a corporation must be executed in accordance with the constitution of that corporation.

3. Notices signed under power of attorney or by the executor of an estate must be accompanied by a copy of that power or letters of administration, as the case may be, unless previously lodged for noting.

4. In the case of holdings held by two or more persons, all holders must sign.

5. Please provide your daytime telephone number so we can contact you if there are any problems with your Notice of Retention.

THIS NOTICE OF RETENTION MUST BE RECEIVED BY THE COMPANY’S SHARE REGISTRY BY NO LATER THAN 5.00PM WST ON 7 February 2014

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