MINERAL COMMODITIES LTD — Capital/Financing Update 2011

Mar 3, 2011

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Mineral Commodities Ltd

ABN 39 008 478 653

Suite 27 / 133 Kewdale Road Kewdale, Western Australia 6105 PO Box 235, Welshpool DC 6986 Telephone: 61 8 9353 4890 Facsimile: 61 8 9353 4894 Email: info@mncom.com.au Web: www.mncom.com.au

4 March 2011

Companies Announcement Office Australian Securities Commission

NOTICE GIVEN UNDER SECTION 708A(5) OF THE CORPORATIONS ACT

This notice is given by the Company under section 708A(5)(e) of the Corporations Act in relation to the issue of 10,000,000 shares to sophisticated and exempt investors. The shares were issued under the Company’s existing 15% placement capacity in accordance with ASX listing rule 7.1.

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.

The Company confirms that, as at the date of this notice, there is no information that:

• (a) has been excluded from a continuous disclosure notice given to ASX in accordance with the ASX Listing Rules; and

• (b) investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

  • (i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; and

  • (ii) the rights and liabilities attaching to fully paid ordinary shares,

to the extent to which it would be reasonable for investors and their professional advisers to expect to find such information in a disclosure document.

Yours faithfully

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Peter Torre Company Secretary MINERAL COMMODITIES LIMITED