MACRO METALS LIMITED — Capital/Financing Update 2010

May 23, 2010

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24 May 2010

The Company Announcements Platform Australian Securities Exchange Level 5 20 Bridge Street SYDNEY NSW 2000

Energio Limited

ABN: 28 001 894 033 21 TEDDINGTON ROAD, BURSWOOD WA 6100

PO BOX 6918 EAST PERTH WA 6892 T: (08) 9468 2333 F: (08) 9355 4580 www.energio.net.au

Dear Investors

COMPANY UPDATE

Energio Limited ( Company ) wishes to update investors and shareholders in relation to its recent activities.

Investors would be aware that the capital raising by the Company under its prospectus dated 31 March 2010 (and supplementary prospectus) closed fully oversubscribed and, as a result, the Company elected to seek a further shareholder approval to accommodate an additional $285,000 in funds raised at $0.05 per share, raising a total of $2,685,000.

Shareholder approval for this additional capital raising will be sought at a meeting to be held on 10 June 2010.

In addition, the Company continues to investigate opportunities in the toy and gaming industry. In this regard, the Company is seeking to engage an industry expert to assist with the development of the Company’s business plan and gaming/ toy concepts within the Company’s pipeline. Further updates on this will be provided to the market in due course.

In relation to the relisting process, the Company expects to complete all of its outstanding financial reports within the next four (4) weeks. Once this has been completed, the Company will be in a position to apply for reinstatement to trading of its securities on ASX.

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ASX Code: EIO