MURRAY COD AUSTRALIA LIMITED — Interim / Quarterly Report 2012

Jul 26, 2012

==> picture [52 x 53] intentionally omitted <==

==> picture [55 x 53] intentionally omitted <==

==> picture [39 x 53] intentionally omitted <==

27 July 2012 ASX Announcement ASX Code:TPR

QUARTERLY ACTIVITIES REPORT FOR THE THREE MONTHS ENDED 30 JUNE 2012

Timpetra R esources Limited (ASX: TPR) (“Timpetra ” or the “Company”) p rovides the followin g comment a ry for the three mont h s ended 3 0 June 20 1 2, to be r e ad in conj u nction wit h Appendi x 5B.

Evaluation of acquisition opportunities

Timpetra h as been a c tive in evaluating a n u mber of a c quisition opportunitie s and it ha s performe d due dilige n ce on thre e of these o ver the previous quarter.

The area of focus h a s been o n identifyin g opportunities in which the Co m pany ca n effectivel y contribute its experti s e and deploy its curr e nt capital t o significa n tly increas e value in t he short t o medium t e rm.

Over the p ast quarte r , the Com p any has r e viewed pr o jects in Br a zil, South E ast Asia, W est Afric a and Austr a lia. Certai n of these p rojects are currently under revie w and nego t iation.

The curre n t state of t h e capital m arkets ha s afforded T impetra th e opportun i ty to revie w a numbe r of project s owned by companie s that have experienc e d challeng e s in raisin g capital in the curren t equity ma r kets. The Company is an attrac t ive invest o r since it h a s a cash b alance of $ 6.9 millio n at 30 Jun e 2012 and a n experie n ced Board of Director s and Man a gement. Timpetra c ontinues t o see a go o d stream o f investm e nt opportunities and i s confident that it wil l capitalise o n the right opportunit y .

Strategic review of the Lockington Project

The Com p any is m a intaining its interests in the Lo c kington P r oject (at a negligibl e cost) an d continues t o evaluate opportunities in whic h it can add value to its investmen t .

-- Ends —

For more i n formation:

Timpetra Resources Limited

Dion Coh e n (Chief E x ecutive Of f icer)

+61 2 829 8 -2008 www.timp e tra.com