GREENWING RESOURCES LTD — Capital/Financing Update 2010

Apr 29, 2010

ABN 31 109 933 995

30 April 2010

The Manager Companies Company Announcements Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

LAPSE OF LISTED OPTIONS

Bass Metals Ltd (ASX code: BSM) (“ Bass Metals” or “the Company”) advises that the Company’s 4,176,939 listed options (ASX code: BSMOA) will lapse at 5.00pm (WST) today, 30 April 2010.

Yours sincerely

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Susan Hunter Company Secretary

16 Thelma Street WEST PERTH WA 6005 PO Box 1330 WEST PERTH WA 6872 Telephone (08) 9322 8044 Facsimile (08) 9481 2846 www.bassmetals.com.au