PRODIGY GOLD NL — Capital/Financing Update 2012

Nov 8, 2012

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ASX ANNOUNCEMENT / MEDIA RELEASE

ASX: ABU

9 November 2012

Erayinia Divestment

ABM Resources NL (“ABM” or “The Company”) announces that the Company has executed an agreement for the sale of ABM’s 70% interest in the Erayinia Project in Western Australia. Black Raven Pty Ltd has agreed to purchase the interest in the project for $300,000. ABM's focus is exploration and development of the Company's gold projects in the Northern Territory and the Erayinia Project is considered a non-core asset.

About ABM Resources

ABM Resources is an exploration company developing several gold discoveries in the Central Desert region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high grade potentially short-term production scenarios such as Old Pirate and the Golden Hind, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Kroda Gold Project. In addition, ABM Resources is committed to regional exploration programs throughout its extensive holdings.

ABM Resources is well capitalised to achieve its exploration milestones in 2012 and into 2013 with $17.5M in cash (as of quarterly report dated 30 September 2012).

Signed

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Darren Holden – Managing Director

Jutta Zimmermann Darren Holden Berdine Mastaglia CFO / Company Secretary Managing Director Investor Relations Manager +61 8 9423 9777 +61 8 9423 9777 +61 8 9423 9777

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