KORAB RESOURCES LIMITED — Capital/Financing Update 2013

Apr 18, 2013

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KORAB RESOURCES LIMITED

KORAB HOUSE

www.korab.com.au

19 April 2013

SPP CHANGE OF TERMS

Korab Resources (ASX: KOR; “ Korab ” or “ the Company ”) wishes to advise that it has amended the following terms of the Share Purchase Plan dated 18 March 2013:

The closing date of the offer has been changed to Monday, 29 April 2013.

The shares will be allotted in two tranches with the first tranche allotted as soon as practicable and the second tranche allotted after the close of the offer.

‐ENDS‐

FOR FURTHER INFORMATION, CONTACT: Andrej Karpinski Executive Chairman (08) 9474 6166

CAPITALISATION $9 Mln

ISSUED CAPITAL 134 Mln shares 44 Mln options

ASX CODES

Shares: KOR Options: KORO

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LEVEL 18, CENTRAL PARK, 152-158 ST. GEORGE’S TERRACE, WA, 6000, AUSTRALIA PO BOX Z5447, PERTH, WA, 6831 AUSTRALIA TEL +61 (8) 9288 4467 FAX +61 (8) 9288 4476 ACN 082 140 252

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