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HELIOS ENERGY LTD Capital/Financing Update 2013

Jan 28, 2013

65047_rns_2013-01-28_a6ed8e26-70b2-47f0-af7f-af73dba89ed1.pdf

Capital/Financing Update

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29 January 2013

Share Placement – additional commitment

Further to the share placement announcement today, New Horizon Coal Ltd (“Company”) advises that it has accepted a commitment for a further 3,375,000 shares at 8 cents per share for $270,000 to make the total capital raising $2 million.

The commitment to this further placement is from Carl Coward or his nominee and will be part of the Tranche 2 placement to be approved by shareholders.

Enquiries:

New Horizon Coal Ltd

Michael Placha Telephone: +1 412 296 1473 Managing Director Email: [email protected] Carl Coward Telephone: +61 8 9322 5944 Non-Executive Director +61 422 209 162 Email: [email protected]

New Horizon Coal Ltd.

Level 1, 33 Ord Street | West Perth, Western Australia 6005 Telephone: + 61 8 9420 9300 | Fax: + 61 8 9420 9399