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IRON BEAR RESOURCES LTD Regulatory Filings 2011

Jan 24, 2011

65091_rns_2011-01-24_fcec3673-9fa7-4421-a2f2-aca094befd00.pdf

Regulatory Filings

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ASX Announcement 25 January 2011

Cape Lambert is an Australian domiciled, mineral investment company. Its current investment portfolio is geographically diverse and consists of mineral assets and interests in mining and exploration companies.

Restricted Securities to be Released from Escrow

Pursuant to ASX Listing Rule 3.10A, Cape Lambert Resources Limited confirms that 32,592,789 fully paid ordinary shares will be released from escrow on 29 January 2011.

Yours faithfully

Cape Lambert Resources Limited

Claire Tolcon Company Secretary

The Company continues to focus on investment in early stage resource projects and companies, primarily in iron ore, copper and gold. Its “hands on” approach is geared to add value and position assets for development and/or sale.

The Board and management exhibit a strong track record of delivering shareholder value.

Australian Securities Exchange Code: CFE

Ordinary shares 610,705,062

Unlisted Options 8,000,000 ($0.45 exp 30 Sept 2011)

Board of Directors

Tony Sage Executive Chairman Tim Turner Non-executive Director Brian Maher Non-executive Director Ross Levin Non-executive Director Claire Tolcon Company Secretary

Key Projects and Interests

Marampa Iron Ore Project Pinnacle Group Assets Sappes Gold Project African Iron Limited International Goldfields Limited

Cape Lambert Contact

Tony Sage Executive Chairman

Eloise von Puttkammer Investor Relations

Phone: +61 8 9380 9555

Australian Enquiries

Professional Public Relations David Tasker Phone: +61 8 9388 0944 Mobile: +61 433 112 936 Email: [email protected]

UK Enquiries

Conduit Public Relations Jos Simson Phone: +44 (0)20 7429 6603 Mobile: +44 (0)7899 870 450

Cape Lambert Resources Limited[ABN 71 095 047 920] PO Box 144, West Perth Western Australia 6872 Phone: +61 8 9380 9555 Facsimile: +61 8 9380 9666

[email protected] www.capelam.com.au