METEORIC RESOURCES NL — Capital/Financing Update 2013

Nov 20, 2013

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ASX Release ASX code: MEI

21 November 2013

Ground Floor 22 Delhi Street West Perth WA 6005 PO Box 963 West Perth WA 6872 Telephone: 08 9485 2836 Facsimile: 08 9321 6571

www.meteoric.com.au

ABN 64 107 985 651

NOTIFICATION OF UNDER SUBSCRIPTIONS FOR THE NON-RENOUNCEABLE RIGHTS ISSUE

Meteoric Resources NL (the Company ) wishes to advise that the non-renounceable rights issue announced on 29 August 2013 ( Rights Issue ) closed at 5:00pm (WST) on Monday 18 November 2013.

The following table sets out the number of New Shares subscribed for by Eligible Shareholders under the Rights Issue offer and the number of under subscriptions to the Offer:

Rights Issue Offer	Number of NewShares	Gross Proceeds	Percentage ofMaximum
Maximum number of New Sharesthat could have been issued underthe Rights Issue Offer per the offerdocument	15,639,815	$422,275.00	100.00%
Less: Rights Issue offersubscriptions	4,463,397	$120,511.72	28.54%
Offer shortfall (under subscriptions)Underwritten by CPS Capital GroupPty Ltd	11,176,418	$301,763.28	71.46%

Under the terms of the Underwriting Agreement between the Company and CPS Capital Group Pty Ltd (the Underwriter ), the Underwriter will subscribe for/or procure third parties to subscribe for the Underwritten Shortfall Shares representing $301,763 by the Underwritten Subscription Date of 27 November 2013.

Subject to ASX approval, the Company therefore expects to issue the 15,639,815 New Shares on 27 November 2013 in accordance with the Rights Issue timetable as previously announced to ASX with the holding statements to be dispatched on or around 29 November 2013.

For more information on the company visit www.meteoric.com.au

Please direct enquiries to:

Graeme Clatworthy George Sakalidis Executive Director Non-executive Director Phone +61 8 9485 2836 Phone +61 8 9485 2836 Mob 0418 902 341 Mob 0411 640 337