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IMPACT MINERALS LIMITED Capital/Financing Update 2012

Nov 6, 2012

65138_rns_2012-11-06_e3c9485f-d707-4102-b402-4e5f7440e2b0.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

Date: 5 November 2012

ASX: IPT

Number: 236/07112012

ENTITLEMENT ISSUE CLOSED

Impact Minerals Limited advises that the Entitlement Issue made pursuant to the offer document dated 4 October 2012 closed on Friday 2 November 2012. The Entitlement Issue offered 184,335,328 New Shares on the basis of one (1) New Share for every one (1) Share held by Shareholders on the Record Date at an issue price of $0.03 per New Share.

The results of the Entitlement Issue are as follows:

sults of the Entitlement Issue are as follows:
Total number of shares applied for* 140,864,342
Balance of the shares not taken up byshareholders and the underwriter 43,470,986

*includes entitlement shares subscribed for, additional shares applied for by existing shareholders over and above their entitlement and shares pursuant to the $2.4 million underwriting agreement.

The Company in currently reviewing several expressions of interest in regards to the placement of the balance of shares not taken up.

On behalf of the Board, I would like to thank all fellow shareholders for their continued support.

Yours Sincerely,

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