MINBOS RESOURCES LIMITED — Capital/Financing Update 2013

Dec 15, 2013

ASX Code: MNB PERTH OFFICE Level 1, 278 Stirling Hwy Claremont WA 6010 Australia

16 December 13

T: +61 8 9322 9295

E: info@minbos.com W: www.minbos.com

ABN: 93 141 175 493

ASX ANNOUNCEMENT/MEDIA RELEASE

Notice pursuant to paragraph 708A(5)(e) of the Corporations Act

On 13 December 2013, Minbos Resources Limited ( Company ) completed the issue of 12,500,000 fully paid ordinary shares in the capital of the Company at a price of $0.004 to The Australian Special Opportunity Fund, LP ( Shares ). The Shares were issued in partial conversion of a convertible note held by The Australian Special Opportunity Fund, LP.

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that:

1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and

as at the date of this notice, the Company has complied with:

• a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• b) section 674 of the Corporations Act; and

• as at the date of this notice, other than as set out below, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

The Company is in the advanced stages of proceeding with an entitlements issue of shares and options that will seek to raise in the order of $1 million to $1.5 million. While the final terms of the entitlements issue have not been set, it is anticipated that this will occur during the course of this week, at which time a detailed announcement will be made to ASX.

ENDS

For further information please contact:

Scott Sullivan For media enquiries contact: Managing Director David Ikin – Professional Public Relations scott@minbos.com david.ikin@ppr.com.au +61 (0) 8 9322 9295 +61 (0) 8 9388 0944

ASX Code: MNB

16 December 13

PERTH OFFICE Level 1, 278 Stirling Hwy Claremont WA 6010 Australia

T: +61 8 9322 9295 E: info@minbos.com W: www.minbos.com

ABN: 93 141 175 493

About Minbos

Minbos Resources Limited ( ASX:MNB ) is an ASX-listed exploration and development company focused on phosphate 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 ore.

Minbos is focussing on the development of the high grade Cacata project in Cabinda whilst growing its current resource base in incremental stages on the remaining deposits in Angola.

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 is 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