Nova Minerals Ltd — Capital/Financing Update 2009

Jul 1, 2009

Quantum Resources Limited

ABN 84 006 690 348

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Level 8, 580 St Kilda Road, Melbourne Victoria 3004, Australia

PO Box 6315, St Kilda Road Central Melbourne, Victoria 8008, Australia

Telephone: +61 3 8532 2840 Facsimile: +61 3 8532 2805 Email: quantum@axisc.com.au

2 July 2009

Manager Announcements Company Announcements Office Australian Securities Exchange 4[th] Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 (“Act”)

Quantum Resources Limited (ASX:QUR) ( Company ) has issued a total of 407,351,028 fully paid ordinary shares ( Shares ) at $0.005 per share pursuant to its non-renounceable rights issue announcement dated 26 May 2009.

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this Notice, sale of the Shares noted above will fall within the exemption in section 708(5) of the Act.

The Company hereby gives notice under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) at the date of this notice, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to the Company; and

  • (ii) section 674 of the Act;

• (c) at the date of this notice, there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; or

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

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

    • (B) the rights and liabilities attaching to the securities.

Yours sincerely

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PETER LEE Company Secretary