PHOSCO LTD — Declaration of Voting Results & Voting Rights Announcements 2012

Apr 26, 2012

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Celamin Holdings N.L ACN 139 255 771 ABN 82 139 255 771 Suite 304, 22 St Kilda Road, St Kilda, VIC 3182 Phone: (03) 9692 7222 Fax: (03) 9529 8057 Email generaladmin@victoriangoldmines.com.au

27 April 2012

ASX Market Announcements ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

RESULTS OF GENERAL MEETING

In accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act, we advise details of the resolutions and the proxies received in respect of each resolution as set out in the attached proxy summary.

Yours faithfully

CELAMIN HOLDINGS NL

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MELANIE LEYDIN Director and Company Secretary

Celamin Holdings NL General Meeting

Proxy Summary 27 April 2012

1 Ratification of Prior Share Issue

The Resolution was withdrawn.

2 Change in Nature and Scale of Activities

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
28,020,487	-	4,337,086	21,494

The motion was carried on a show of hands as an ordinary resolution.

3 Issue of Consideration Shares to Non-Related Parties of the Company

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
28,020,487	-	4,337,086	21,494

The motion was carried on a show of hands as an ordinary resolution.

4 Issue of Consideration Shares to an Entity Associated with Mr David Regan

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
28,020,487	-	4,337,086	21,494

The motion was carried on a show of hands as an ordinary resolution.

5 Election of the Hon. Andrew P. Thomson as Non-Executive Chairman

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
32,018,647	88,490	-	271,930

The motion was carried on a show of hands as an ordinary resolution.

6 Election of Mr. Martin Broome as Non-Executive Director

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
32,107,137	-	-	271,930

The motion was carried on a show of hands as an ordinary resolution.

7 Election of Mr. John Hartigan as Non-Executive Director

The Resolution was withdrawn.

8 Capital Raising

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
32,107,137	-	-	271,930

The motion was carried on a show of hands as an ordinary resolution.

9 Adoption of Employee Share Option Plan

The instructions given to validly appointed proxies in respect of the resolution were as follows:

In Favour	Against	Abstention	Proxy's discretion
28,726,531	17,800	3,362,806	271,930

The motion was carried on a show of hands as an ordinary resolution.