GREEN360 TECHNOLOGIES LIMITED — Interim / Quarterly Report 2011

Jul 25, 2011

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QUARTERLEY ACTIVITIES REPORT FOR THE PERIOD ENDED 30 JUNE 2011

Lithex Resources Limited (ASX: LTX) is an Australian exploration company focused on developing its tin, tantalum, lithium and rare earth metal projects in the East Pilbara and Gascoyne regions of Western Australia.

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Key Summary
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• Oversubscribed Initial Public Offer raising $4.0M before costs

• Appointment of technical consultants; Terra Search and Nagrom Laboratories

• Tenement E45/3172 granted at the Moolyella Project

As at release date of 26 July 2011:

Issued Shares: 43.9M

Options: 13.23M @ $0.20 and 1M @$0.30C

Share Price: $0.155

Market Cap: $6.80M

• Aggressive Stage – 1 Exploration and Field Program Commenced at Moolyella Project

• The company is committed to its mission to build a viable, long term business in the rare metals market, enhancing the company’s assets and bringing wealth to shareholders

Cash: $3.63M @ 30 June 2011

Debt: Nil

For further information please contact:

Rob Mandanici Managing Director +61 8 9200 5885

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Corporate Overview
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Lithex Resources Limited (ASX:LTX) is pleased to present its first Quarterly Activities Report for the period ending 30 June 2011.

Lithex commenced trading on the ASX on 17 May 2011 following the completion of a very successful Initial Public Offer raising $4.0M before costs. The Initial Public Offer was heavily oversubscribed and well supported by the company’s lead manager and team of corporate advisors.

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Overview of Lithex’s Projects
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Lithex’s projects are located in the East Pilbara and Gascoyne regions of Western Australia and total approximately 775km2 in area, see Figure 1

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Figure 1 – location of Lithex’s Tenements

www.lithex.com.au

June 2011 Quarterly Report

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Moolyella – Stage 1 Exploration Program
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The Moolyella Project is located approximately 23 Kilometers east-north-east of the township of Marble Bar and is accessible by sealed road.

The Moolyella Project consists of granted Exploration Licenses E45/3424 and E45/3172 (90%) along with Mining Lease Application M45/1081 (90%), Exploration License Application E45/3873 (100%) and Prospecting Licenses P45/2813, P45/2814 and P45/2815 (100%).

Following listing on the ASX, Lithex moved to appoint the highly regarded and experienced professional technical consultants; Terra Search Pty Ltd and Nagrom Laboratories.

Early preliminary work has already commenced at the Moolyella Project, including:

• compilation and plotting of the historical production and geological data on the un-mined leads

• mapping, field referencing drill holes and exploration data

• initial evaluation of tailing dumps and stockpiles

• mapping and confirmation of hard-rock targets

Initial exploration has identified large volumes of material which shows the presence of mineralisation in panned concentrates and a number of hard rock drill targets which are illustrated in Figures 2 and 3 below.

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Figure 2 – (Moolyella) panned concentrates showing magnetite, heavy minerals (cassiterite and tantalite/ferrocolumbite)

www.lithex.com.au

June 2011 Quarterly Report

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Moolyella – Stage 1 Exploration Program – cont.
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Figure 3 – (Moolyella) Map showing historical data and drill targets

www.lithex.com.au

June 2011 Quarterly Report

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Additional Information
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In line with the company’s strategy of increasing its tenement portfolio, Lithex has made a number of tenement applications during the Quarter.

An application for an Exploration License, E45/3873 has been made, as well as applications for Prospecting Licenses P45/2813, P45/2814 and P45/2815. These areas are all adjacent to the company’s Moolyella Project.

ENDS

For further information please contact the company on +618 9200 5885 or by email:

Malcolm Carson – Chairman

malcolm@lithex.com.au

Rob Mandanici – Managing Director rob@lithex.com.au

Steve Crabbe – Director steve@lithex.com.au

Malcolm Carson has compiled the information in this report from information supplied to Lithex Resources Ltd. Malcolm Carson has sufficient experience that is relevant to the style of mineralisation, the types of deposit under consideration and to the activity that he is undertaking and qualifies as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results (“JORC Code”). Mr Carson is a Member of the AusIMM and a Director of Lithex Resources Ltd.

Mr Carson consents to the inclusion in the report the matters based on the information in which it appears.

www.lithex.com.au

June 2011 Quarterly Report