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METEORIC RESOURCES NL Capital/Financing Update 2013

Aug 28, 2013

65311_rns_2013-08-28_ce286263-e53a-4e71-b8db-62b74e5969d3.pdf

Capital/Financing Update

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ASX Limited ASX Market Announcements Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000

PLACEMENT AND UNDERWRITTEN RIGHTS ISSUE

Meteoric Resources NL (ASX: MEI) (“ Meteoric ” or “ the Company ”) is pleased to announce that it has reached agreement on a two part capital raising, involving a placement and rights issue.

The Placement has been arranged and Rights Issue is to be underwritten by Lead Manager, CPS Capital Group Pty Ltd (“CPS”). The Company has executed a mandate letter and is presently finalising an Underwriting Agreement.

The placement is for 11,500,000 shares at an issue price of 2.75 cents per share, to raise $316,250 ( Placement ) and will be issued under the Company’s 15% placement capacity. The Placement will be made to persons who qualify to participate in an excluded offer for the purpose of section 708 of the Corporations Act 2001, including professional and sophisticated investors. Those who participate in the Placement will be eligible to participate in the Rights Issue.

In recognition of the Company’s existing shareholders, the Company will extend the same price to its shareholders under a rights issue. The pro-rata rights issue, which is to be underwritten, is for one (1) new share for every eight (8) shares held with a total of approximately 15,639,823 shares to be issued, raising $430,095 ( Rights Issue ). Pursuant to the terms of the Company’s contributing shares on issue, holders of contributing shares are permitted to participate in the Rights Issue. The Rights Issue will be nonrenounceable.

The total amount to be raised by the Placement and Rights Issue is up to $746,345 (before issue costs).

Funds raised from the issue will be applied to further the Company’s exploration activities on its various projects and to provide additional working capital.

Yours faithfully COMPANY SECRETARY

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Rudolf Tieleman 29 August 2013

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