GREENWING RESOURCES LTD — Capital/Financing Update 2011

Sep 28, 2011

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29 September 2011

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

Dear Sir

DESPATCH OF NON-RENOUNCEABLE ENTITLEMENT OFFER PROSPECTUS AND ENTITLEMENT AND ACCEPTANCE FORMS COMPLETE

Further to Bass Metals Ltd's (“the Company”) announcement dated 15 September 2011 regarding the Company's non-renounceable entitlement offer, the Company confirms that it has completed the despatch of the non-renounceable entitlement offer Prospectus and the Entitlement and Acceptance Forms to eligible shareholders.

Yours sincerely

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Susan Hunter Company Secretary

Level 1, 91 Havelock Street WEST PERTH WA 6005 PO Box 1330 WEST PERTH WA 6872 Telephone (08) 6315 1300 Facsimile (08) 9481 2846 www.bassmetals.com.au