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MINERAL COMMODITIES LTD Capital/Financing Update 2011

Dec 18, 2011

65371_rns_2011-12-18_670cb0d6-fdf6-4d93-a43e-f2d3f4e7a84f.pdf

Capital/Financing Update

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MARKET RELEASE

19 December 2011

Mineral Commodities Limited

TRADING HALT

The securities of Mineral Commodities Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday, 21 December 2011 or when the announcement is released to the market.

Security Code:

MRC MRCO

of Heiner

Jill Hewitt Senior Adviser Listings (Perth)

Mineral Commodities Ltd

40 Murray Road North Welshood WA 6106, Australia PO Box 235. Weishpoor DC WA 6986, Australia Telephone, 61 8 6253 1100 Facsimile. 61 8 9258 3601 Fimall, [email protected] au-Web: www.mncom.com.au

18 December 2011

Elizabeth Harris ASX Limited Level 8, 2 The Esplanade PERTH WA 6000

Trading Halt Request

Mineral Commodities Ltd ("MRC" or "the Company") requests a trading halt of its securities with effect from pre market opening on Monday 19 December 2011 pending an announcement in respect to the proposed acquisition of Cable Sands (W.A.) Pty Ltd and Cable Sands Pty Ltd (Cable Sands).

In accordance with ASX Listing Rule 17.1, the Company advises that:

  • it is seeking the trading halt pending an announcement of the status of the proposed acquisition of $\bullet$ . Cable Sands. MRC requests that the trading halt continue until the earlier of MRC making an announcement or the commencement of trading on Wednesday 21 December 2011;
  • the event the Company expects will end the trading halt is an announcement in relation to the current status of the acquisition of Cable Sands.
  • it is not aware of any reason why the trading halt should not be granted; and
  • it is not aware of any other information necessary to inform the market about the trading halt.

Yours sincerely

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Peter Torre Company Secretary MINERAL COMMODITIES LIMITED