ORE RESOURCES LIMITED — Capital/Financing Update 2011

Aug 29, 2011

No:

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ASX Circular

Date: 30 August 2011

COMMENCEMENT OF OFFICIAL QUOTATION – TERRANOVA MINERALS NL

Terranova Minerals NL (formerly Terranova Minerals Limited) (the “Company”) was admitted to the official list of the ASX Limited on Tuesday, 30 August 2011.

Key topics

1. Terranova Minerals NL

2. ASX Code: TNV

3. Quotation Commences: 1.30pm EST (11.30am W.S.T) on 1 September 2011

Reading List

Banks Client Advisers Compliance Managers Corporate Advisory DTR Operators Issuers Institutions Listing Officers ASX Settlement Participants Operations Managers (back office) Share Registries ASX Clear Participants Market Participants

Authorised by

Official quotation of the Company’s securities will commence at 1.30pm EST (11.30am WST) on Thursday, 1 September 2011.

Quoted Securities: 22,500,001 fully paid ordinary shares ASX Code: TNV Time: 1.30pm EST (11.30am W.S.T.) Date: 1 September 2011

ASX Trade Abbreviation: TERRANOVA

ISIN: AU000000TNV2

Home Branch: Perth

Industry Classification: Materials 1510 Registered Office: Level 8 225 St Georges Terrace PERTH WA 6000

Principal Place of Business:

Level 8 225 St Georges Terrace PERTH WA 6000

Shannon Nicholson

[Contact ] Shannon Nicholson

Telephone (08) 9224 0000

ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215

Internet: http://www.asx.com.au

Company Secretary:

Mr Matthew Foy

Share Registry: Security Transfer Registrars Pty Ltd 770 Canning Hwy APPLECROSS WA 6153

Tel: 08 9315 2333 Fax: 08 9315 2233 Underwriters to the issue: N/A Balance Date: 30 June

Participating. The Company will also operate an issuer sponsored subregister.

CHESS:

State of Incorporation: Western Australia

Dividend Policy: See Prospectus page 11

No responsibility is accepted for any inaccuracies contained in the matter published.

Activities: Mineral exploration

ASX Circular

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No:

Restricted Securities

300,000 fully paid ordinary shares, classified by ASX as restricted securities to be held in escrow for a period of 12 months from the date of issue being 17 August 2011. 5,175,000 partly paid ordinary shares, classified by ASX as restricted securities to be held in escrow for a period of 12 months from the date of issue being 25 March 2011.

14,825,000 partly paid ordinary shares, classified by ASX as restricted securities to be held in escrow for a period of 24 months from the date of quotation.

Securities not quoted:

N/A

ASX Circular

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