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METRO MINING LIMITED Capital/Financing Update 2014

Mar 18, 2014

65351_rns_2014-03-18_93ade70a-2ea7-4baa-96ba-37c348a13cd6.pdf

Capital/Financing Update

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ACN 117 763 443

ASX ANNOUNCEMENT

19[th] March 2014

MetroCoal Corrects Media Error on Cape Alumina Bid Price

MetroCoal Limited ( MTE ) wishes to correct errors contained in today’s edition of The Australian ( MetroCoal in hostile bid for Cape Alumina ) and Mining News.net (Coal Player bets on Qld bauxite) in relation to MTE’s on-market takeover bid for Cape Alumina Limited ( CBX ).

MTE understands that other media vehicles may also carry a similar error.

MTE’s bid price for all the shares in CBX is 0.6 cents ($0.006) and not 6 cents ($0.06) as described in the above publications.

All material details of the bid, including the bid price of 0.6cents ($0.006) for each CBX share are contained in the MTE Bidder’s Statement http://metrocoal.com.au/uploads/MTE_Bidder_Statement.pdf.

For further information, please contact:

Mr Mike O’Brien Chief Executive Officer

Phone: +61 (7) 3249 3040 Fax: +61 (7) 3249 3041 Email: [email protected] Postal Address: GPO Box 122, Brisbane QLD 4001 Further information on MetroCoal can be found on our website www.metrocoal.com.au

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