GROUP 6 METALS LIMITED — Capital/Financing Update 2013

Jul 7, 2013

Monday 8[th] July 2013

KING ISLAND SCHEELITE LIMITED (KIS)

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RIGHTS OFFER CLOSES WITH STRONG SHAREHOLDER SUPPORT

King Island Scheelite Limited (the “Company”) is pleased to advise that its non-renounceable Rights Issue Offer announced on Wednesday 29[th] May 2013 closed on Friday 5[th] July 2013.

Eligible Shareholders applied for a total of $867,943, approximately 44% of the total Offer amount.

The remaining shortfall of $1,101,428 (or approximately 56%) will be taken up by the Underwriters to the Offer.

Net proceeds will be applied as described in the Rights Issue Information Booklet.

Holding statements for the new shares will be despatched shortly.

Shareholders showed strong support with funds to progress the Company’s plans for reopening the tungsten mine on King Island.

For further information, please contact:

Simon Bird

Ian Morgan

Chief Executive Officer (02) 8622 1400

Company Secretary

King Island Scheelite Limited ABN 40 004 681 734

Suite 26.01, Level 26 259 George Street Sydney NSW 2000 GPO Box 5154 Sydney NSW 2001

Telephone (02) 8622 1400 Facsimile (02) 8622 1401 www.kingislandscheelite.com.au