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MACRO METALS LIMITED Capital/Financing Update 2012

Jan 10, 2012

65283_rns_2012-01-10_5b88f0e1-80e7-4a28-8b88-85e4aea71ff2.pdf

Capital/Financing Update

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11 January 2012

Energio Limited

ABN: 28 001 894 033

21 Teddington Road Burswood WA 6100

The Company Announcements Platform ASX Limited

By E-lodgement

PO BOX 6918 East Perth WA 7892

T: (08) 9468 2333 F: (08) 9355 4580

www.energio.net.au

ASX Announcement

EXTENSION TO COMPLETION DATE and EXPLORATION UP-DATE

The Directors of Energio Limited (ASX:EIO) advise that the date for the completion of the Conditions Precedent under the respective Deeds between Energio and TGP and Bedford has been extended to 31[st] January 2012.

The Company expects that the analysis results of the first sets of drill samples will be available and released to the market in the week beginning 16[th] January 2012. The flow of drill samples from Nigeria to Ghana for preparation prior to laboratory processing in Australia is now established and working satisfactorily.

There will be a short delay of approximately one week for the recommencement of drilling operations due to an industrial dispute relating to fuel supply in Nigeria. This delay will not affect the schedule for the drilling program which is expected to be completed in the second quarter of 2012 as originally planned. This delayed start will not impact the sample preparation and release of sample analysis results as they become available.

Yours faithfully

Sean Henbury

Company Secretary