MOTIO LTD — Capital/Financing Update 2013

Sep 26, 2013

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27 September 2013

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Dear Shareholder,

NOTICE TO SHAREHOLDERS OF PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE

White Eagle Resources Limited (“White Eagle” or the “Company”) is pleased to announce a non-renounceable pro-rata rights issue (“Rights Issue”) to raise approximately $1,057,821 before costs. The funds raised will be used to facilitate the reinstatement of the Company’s securities to trading on the ASX and position the Company to seek to achieve its objectives.

A prospectus for the Rights Issue has been lodged with ASIC today.

Under the Rights Issue, all eligible shareholders on the Company’s register at the close of business on or about 9 October 2013 (the “Record Date”), will have the right to subscribe for one (1) new share for every share held at an issue price of $0.005 per share.

Holders of shares who exercise all of their rights may also apply for additional ordinary shares in the Rights Issue if and to the extent that other shareholders do not exercise their rights.

Further information in relation to the Rights Issue (including the timetable) is set out in the prospectus, which will be made available on www.asx.com.au and the Company’s website. A copy of the prospectus, together with an entitlement and acceptance form, will be sent to eligible shareholders shortly after the Record Date. Persons should consider the prospectus in deciding whether to acquire shares under the Rights Issue, and will need to complete the entitlement and acceptance form that will accompany the prospectus.

Yours faithfully,

Matthew Foy Company Secretary White Eagle Resources Ltd

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