MINBOS RESOURCES LIMITED — Capital/Financing Update 2012

Aug 12, 2012

ASX ANNOUNCEMENT/MEDIA RELEASE

APPOINTMENT OF EVERSPRING PARTNERS AS STRATEGIC PARTNER CORPORATE ADVISOR

Minbos Resources Ltd (“Minbos” or “The Company”) is pleased to announce the appointment of Everspring Partners (“Everspring”) as strategic partner corporate advisor to the company.

The Company is very pleased with the level of interest in its projects expressed by potential strategic partners and also by the number of companies that have registered interest through confidentiality agreements.

ASX Code: MNB PERTH OFFICE 108 Outram St West Perth WA 6005 Australia T: +61 8 9476 4500 E: info@minbos.com W: www.minbos.com SOUTH AFRICA OFFICE 42 Kyalami Boulevard Kyalami Business Park, Kyalami Johannesburg South Africa T: +27 11 466 8516/7

In light of this interest, Minbos has appointed Everspring Partners, a Sydney based resources focussed advisory firm, to assist in the process of determining the most appropriate partners capable of facilitating the financing, off-take and development of its projects.

In engaging Everspring Partners, Minbos' intention is to develop a framework for the orderly submission of offers by interested parties so as to facilitate the identification of the most suitable parties. This process will begin with the preparation and distribution of an Information Memorandum to interested parties.

Minbos Executive Chairman, Mr Peter Richards, said:

"The appointment of Everspring to assist in the process of identifying strategic partners is a fundamental step towards implementing the necessary framework to facilitate the funding, off-take and development of Minbos’ key phosphate projects. The implementation of this process is part of the boards’ strategy to ensure that the ultimate parties are able to assist with the delivery of each project and creation of value of shareholders. The high level of industry enquiries received by the Company in recent month, reflects what we believe are some of the most exiting phosphate projects being investigated worldwide.”

ENDS

For further information please contact:

Peter Richards Robert McCrae Executive Chairman Chief Executive Officer peter@minbos.com robbie@minbos.com (+61) 8 9476 4500 (+27) 82 319 2690

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ASX ANNOUNCEMENT/MEDIA RELEASE

For media enquiries contact:

David Ikin – Professional Public Relations email: david.ikin@ppr.com.au (+61) 8 9388 0944

About Minbos

Minbos Resources Limited is an exploration and development company with phosphate and potash bearing ore within the Cabinda Province of Angola and the adjoining areas of the far western DRC. Through its subsidiaries and joint ventures, the Company is exploring over 400,000ha of highly prospective ground hosting phosphate and potash bearing ore.

Minbos is focussed on the completion of the Bankable Feasibility Studies on the both the High Grade Cacata project in the Cabinda Province of the Angola and the High Grade Kanzi Project in the Bas Congo Province of the DRC. .

The Company’s strategy is to specifically target the exploration and development of low cost fertiliserbased commodities in order to tap into the growing global demand for fertilisers. Phosphate and potash are an essential component in certain agricultural fertilisers, with the market supported by the increasing global demand for food and bio-fuel products. For more information, visit www.minbos.com

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