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JAMESON RESOURCES LIMITED Share Issue/Capital Change 2012

May 31, 2012

65152_rns_2012-05-31_9eae7e24-3605-4ede-8346-b50a2e331fcd.pdf

Share Issue/Capital Change

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ASX RELEASE

1 June 2012

JAMESON RESOURCES LTD ACN 126 398 294

79 Hay Street, Subiaco 6008 Western Australia Phone +61 (8) 9200 4473 Fax +61 (8) 9200 4463

Suite 800, 1199 West Hastings St Vancouver, BC V6E 3TS +1 (604) 687 2038

CONTACT:

DAVID FAWCETT

Chairman [email protected]

JOHN HOLMES

Company Announcement Office Australian Securities Exchange Electronic Lodgement System

Dear Sir / madam

Options and Performance Shares Expiry

Jameson Resources Limited (“Jameson” or the “Company”) would like to advise that 175,000 unlisted options at an exercise price of $0.35 with an expiry date of 31 May 2012 have now expired unexercised.

5,000,000 Performance Shares relating to the Company’s former Basin Coal project also expired on 31 May 2012 as the project milestones relating to this project cannot now be achieved.

Executive Director [email protected]

Yours faithfully

ART PALM

Non Executive Director [email protected]

WEBSITE

www.jamesonresources.com.au

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Suzie Foreman Company Secretary

DIRECTORS:

David Fawcett (Chairman) John Holmes (Executive Director) Art Palm (Executive Director - Operations) David Prentice (Non-Executive Director) Jeff Bennett (Non-Executive Director)

ASX CODE:

JAL (Fully paid Ordinary Shares)