HELIX RESOURCES LIMITED — Capital/Financing Update 2012

Oct 30, 2012

Helix Resources Limited Gold, Copper, Iron Ore in Australia and Chile

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31 October 2012

The Manager

The Company Announcements Platform Australian Securities Exchange

BY ELECTRONIC LODGEMENT

CLOSURE OF PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE AND SHORTFALL NOTICE

Helix Resources Limited [ ASX:HLX ] advises the 1 for 3 non-renounceable Entitlement Issue of Options to Shareholders at an issue price of 2.5 cents per Option closed on 29 October 2012 per the Prospectus timetable.

Pending clearance of funds deposited, a total of 37,088,485 Options were taken up by Shareholders raising $927,212.

The Company is pleased with the 55% take up by shareholders of the Offer in challenging economic conditions.

The Shortfall of 31,127,872 Options is available to be placed at the discretion of the Directors in accordance with the Entitlement Issue Prospectus and a number of parties have expressed interest.

Yours sincerely

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Joneen McNamara Company Secretary

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Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia Suite 7 / 29 Ord Street, West Perth WA 6005

Email: greg.wheeler@helix.net.au Email: mick.wilson@helix.net.au

P: +61 8 9321 2644 F: +61 8 9321 3909 www.helix.net.au