MINERAL COMMODITIES LTD — Capital/Financing Update 2011

Oct 2, 2011

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MARKET RELEASE

3 October 2011

Mineral Commodities Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Mineral Commodities Limited (the “Company”) will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company about a capital raising.

Security Code: MRC MRCO

Shreeshant Prabhakaran Adviser, Listings (Perth)

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Mineral Commodities Ltd

ABN 39 008 478 653

Unit 17, Level 1, 133 Kewdale Road, Welshpool WA 6105, Australia PO Box 235, Welshpool DC WA 6986, Australia Telephone: 61 8 9353 4890 Facsimile: 61 8 9353 4894 Email: info@mncom.com.au Web: www.mncom.com.au

3 October 2011

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

Voluntary Suspension Request

Further to the trading halt requested on 30 September 2011, Mineral Commodities Ltd (“ MRC ” or “ the Company ”) requests a voluntary suspension of the trading of its securities with immediate effect as the Company continues to progress through an institutional book build related to the significant capital raising by the Company of up to A$100 million (“ capital raising ”). The capital raising is referred to in the notice of meeting sent to shareholders of MRC dated 16 August 2011.

As previously announced to the ASX, the Company intends the capital raising will be used to partially fund the acquisition through its subsidiary, MRC Cable Sands Pty Ltd of 100% of the fully paid ordinary shares in the capital of Cable Sands (W.A.) Pty Ltd and Cable Sands Pty Ltd, together with associated working capital and capital expenditure requirements.

In accordance with ASX Listing Rule 17.2, the Company advises that:

• it is seeking the voluntary suspension pending an announcement of the completion of the proposed capital raising. MRC considers that it will be in a position to make a specific announcement regarding the completion of the capital raising no later than 10 October 2011;

• the event the Company expects will end the voluntary suspension is the announcement in relation to the finalisation of the proposed capital raising as referred to above;

• it is not aware of any reason why the voluntary suspension should not be granted; and

• it is not aware of any other information necessary to inform the market about the suspension.

Yours sincerely

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Peter Torre Company Secretary

MINERAL COMMODITIES LIMITED