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LINDIAN RESOURCES LIMITED Capital/Financing Update 2011

May 18, 2011

65236_rns_2011-05-18_0f8b04e7-bdbc-4b78-939d-8a89130ed48a.pdf

Capital/Financing Update

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19 May 2011

The Manager Company Announcements Office Australian Securities Exchange Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Via e-lodgement

NOTICE UNDER SECTION 708A

Further to the share placement announced on 8 February 2011, Lindian Resources Limited (the Company) has issued 30,000,000 ordinary shares and 30,000,000 listed options to institutional and sophisticated investors (as described in Section 708 of the Corporations Act). The securities are part of securities quoted on the Australian Securities Exchange Limited (ASX).

The Company gives this notice pursuant to Section 708A(5) of the Corporations Act.

The shares were issued without disclosure to investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act.

The Company as at the date of the notice has complied with:

  • a) the provisions of Chapter 2M of the Corporations Act; and

b) section 674 of the Corporations Act.

There is no excluded information for the purposes of Section 708A(7) and (8) of the Corporations Act.

Yours faithfully,

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Scott Funston Company Secretary LINDIAN RESOURCES LIMITED

Level 1 / 33 Richardson Street, West Perth WA 6005 P.O. Box 826, West Perth WA 6872, Australia Ph: +61 8 9200 4438, Fax: +61 8 9200 4469 www.lindianresources.com.au or [email protected]