MACRO METALS LIMITED — Capital/Financing Update 2011

Jun 26, 2011

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27 June 2011

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

ASX Announcement

COMPANY UPDATE

HIGHLIGHTS

• Commencement of investor discussions in Europe and Australia.

• Continuation of exploration via the sinking of winzes.

• Drilling contractor selected, field work commenced.

Investor Marketing

The Company has commenced investor discussions in Europe and Australia and further exchanges will be held with research analysts, investment bankers, and key international and domestic shareholders to further strengthen the company’s shareholder base and to maximise shareholder value ahead of recomplying with Chapters 1 & 2.

Market Update

The Company has continued exploration on the Agbaja Plateau over the past few weeks primarily through the sinking of a number of winzes (small vertical shafts) into the oolite and pisolite iron deposits. Samples have been collected and analysis results will be made available in the coming weeks.

The Company has also selected a drilling contractor to commence the 20,000 metre drilling program in September 2011 commensurate with the start of the dry season. Field survey work including the layout of drill lines and equipment mobilisation has started. The target for a maiden JORC resource remains at 31st March 2012.

The Company expects to further update the market regarding its exploration activities on the Agbaja Plateau over the course of the coming weeks.

- Ends -

Further Information:

Nathan Taylor Non-Executive Chairman T | +61 420 223 322 E | info@energio.net.au W| www.energio.net.au

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ASX Code: EIO