KING RIVER RESOURCES LIMITED — Board/Management Information 2012

Aug 8, 2012

ASX ANNOUCEMENT

9 August 2012

ASX Code: SPM

Capital Structure:

RESIGNATION OF EXECUTIVE DIRECTOR & APPOINTMENT OF COMPANY SECRETARY

Speewah Metals Limited (“Speewah” or “the Company”) (ASX: SPM) advises that the Board have accepted the resignation of Mr Richard Wolanski as Executive Director and Company Secretary effective immediately in support of a strategic review of the Companies current project focus and prospects.

The Board and Mr Wolanski have mutually agreed that the strategic review be conducted without any historic bias to particular projects and prospects.

Board of Directors:

The Board will provide further information on any change in strategy once the process has been finalised.

The Board wish to thank Mr Wolanski for his efforts as a founding Director of the Company from 2007 and wish him all the best in his future endeavors.

The Board advises that Mr Greg MacMillan has been appointed Company Secretary effective immediately.

Company Secretary:

Anthony Barton

Non Executive Chairman

Projects:

Speewah Dome, 575 km[2 ]

Resources:

Metallurgy:

Project Scoping:

Other prospects: