ORBMINCO LIMITED — Capital/Financing Update 2012

Jul 26, 2012

27[th] July 2012

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ASX Release By e-lodgement

Dear Sir/Madam

Successful completion of the minor shareholding sale facility

Australian-American Mining Corporation Limited (“AusAmerican” ASX: AIW, OTC.QX: OZAMY) announces that the company has successfully completed the minor shareholding sale programme.

The company announced on 30[th] May a minor shareholder share facility that offered minor shareholders a cost-effective and voluntary mechanism to sell shares. The company provided this facility because it had, at the time of the announcement, over 1800 shareholders of which 1,645 had either an unmarketable or small holding.

The facility closed on 20 July and a total of 1,888,468 shares were bought from 1,003 shareholders at a price of 3.8 cents and were placed with clients of DJ Carmichael. These shareholders will receive their funds in the next two weeks.

This process has reduced the number of shareholders in the company to 862. The company would like to thank both Computershare Investor Services Pty Ltd and DJ Carmichael for their efforts in managing the transaction.

Regards,

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Jim Malone Company Secretary/Executive Director

ENDS

Australian American Mining Corporation Ltd ABN 99 073 155 781 Level 6, 5 Mill Street, Perth, WA, Australia, 6000 Telephone: (08) 9481 0799 Facsimile: (08) 9481 1927