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IMPACT MINERALS LIMITED Capital/Financing Update 2012

Nov 20, 2012

65138_rns_2012-11-20_503a5dad-65fa-43f5-bd3d-28683974d38d.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

Date: 21 November 2012

ASX: IPT

Number: 245/211112

IMPACT MOVES TO 75% OWNERSHIP OF INVICTUS GOLD LIMITED

Impact Minerals Limited (ASX: IPT) advises that it has moved to 75.29% ownership of Invictus Gold Limited.

Impact has subscribed for 65 million shares ($2,612,928) in Invictus Gold Limited as per its entitlement and the underwriting agreement announced to the ASX on 1 October 2012 as part of a two-for-one entitlement offer in Invictus.

Impact now owns 81 million shares and 12.8 million options in Invictus Gold Limited.

Invictus Gold has now commenced drilling at the Scartwater Gold Prospect in Queensland, with further drilling planned at the Retro Extended Prospect, also in Queensland, and at the Himmetdede South Project in Turkey.

Further details are available at www.invictusgold.com.au.

Dr Michael G Jones Managing Director

309 Newcastle Street Northbridge Western Australia 6003 Tel +61 (8) 6454 6666 Facsimile +61 (8) 6454 6667 Email [email protected] www.impactminerals.com.au

Company Information

Impact Minerals Limited

ACN 119 062 261 ABN 51 119 062 261

Share Registry

Computershare Investor Services Pty Ltd GPO Box D182 Perth WA 6840 Australia

Directors

Peter Unsworth Non-Executive Chairman Michael Jones Managing Director Rodney Fripp Executive Director Paul Ingram Non-Executive Director Markus Elsasser Non-Executive Director

Telephone: +61 (8) 9323 2000 Facsimile: +61 (8) 9323 2033

Email: [email protected]

Australian Stock Exchange Listing

Shares IPT

Company Secretary

James Cooper-Jones

Registered & Administrative Office

309 Newcastle Street Northbridge Western Australia 6003 Telephone: +61 (8) 6454 6666 Facsimile: +61 (8) 6454 6667

Email: [email protected] Website: www.impactminerals.com.au

Major shareholders as at 9.11.12

Ms Susanne Bunnenberg 45.10% M. Elsasser & Cie (Director) 5.13% China Growth Minerals 3.64% Directors 13.23% Top 20 71.84% Top 50 79.78%

Capital Structure as at 9.11.12

Ordinary Shares on Issue 325,199,670 Total Unlisted Options 950,000

An ASX listed Australian company focused on uranium and copper-nickel-PGE exploration in Botswana