GoFintech Quantum Innovation Limited — Capital/Financing Update 2011

Sep 9, 2011

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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NEW TIMES ENERGY CORPORATION LIMITED 新時代能源有限公司[*]

(incorporated in Bermuda with limited liability)

(Stock Code: 00166)

CLARIFICATION ANNOUNCEMENT

Reference is made to the announcement of New Times Energy Corporation Limited (the “Company”) dated 7 September 2011 (the “Announcement”) in respect of the placing of unlisted warrants under general mandate. Unless otherwise stated herein, terms and expressions used herein shall have the same meanings as those defined in the Announcement.

In the tenth paragraph, “USE OF PROCEEDS”, on page 7 of the Announcement, it was stated that “The aggregate net proceeds from the Placing and the allotment and issue of the Warrant Shares are intended to be used as general working capital of the Group.” The Company would like to clarify that:

“The aggregate net proceeds from the Placing and the allotment and issue of the Warrant Shares are intended to be used for the payment of exploration works in Argentina, to finance potential new projects and future investment opportunities.”

The above clarification does not affect other information contained in the Announcement.

By order of the Board New Times Energy Corporation Limited Cheng Kam Chiu, Stewart Chairman

Hong Kong, 9 September 2011

As at the date of this announcement, the board of Directors comprises seven Directors, of which two are executive Directors, namely Mr. Cheng Kam Chiu, Stewart and Mr. Cheng Ming Kit; two non-executive Directors, namely Mr. Wong Man Kong, Peter and Mr. Chan Chi Yuen; and three independent non-executive Directors, namely Mr. Fung Chi Kin, Mr. Fung Siu To, Clement and Mr. Chiu Wai On.

• For identification purposes only