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PTR MINERALS LTD Capital/Financing Update 2012

Oct 10, 2012

65621_rns_2012-10-10_c67c7ccd-4dac-4d47-afad-41b4947b8d6e.pdf

Capital/Financing Update

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11 October 2012

Dear Shareholder

EXTENSION TO PETRATHERM LTD NON-RENOUNCEABLE RIGHTS ISSUE (“the Offer”)

Petratherm Ltd ( “the Company” ) wishes to announce an extension of 5 business days to the original proposed closing date of the offer as per timetable lodged on the ASX on the 21 September 2012. The new proposed closing date of the offer is now the 25 October 2012.

As announced on the 5 October 2012 the Company dispatched the Prospectus and Acceptance forms to all eligible shareholders. It has come to the Company’s attention that some shareholders are yet to receive their Prospectus’ and Acceptance forms due to delays in the delivery of the document through the mail. The Company has therefore decided to extend the non-renounceable issue timetable to allow all eligible shareholders an adequate opportunity to participate.

The updated timetable is as follows:

Event Date
ASX Announcement 19 September 2012
Prospectus lodged with ASIC and ASX 19 September 2012
Appendix 3B lodged with ASX 19 September 2012
Appendix 3B Notice sent to Shareholders 21 September 2012
Sharesquoted on ‘ex’ basis 24 September 2012
Record Date for Offerparticipation 28 September 2012
Prospectus and Entitlement and Acceptance Form despatched to EligibleShareholders and OpeningDate of the Offer 4 October 2012
Proposed ClosingDate of the Offer(5.00pm Adelaide time) 25 October 2012
New Shares and AttachingOptionsquoted on a ‘deferred settlement’ basis 26 October 2012
ASX advised of anyShortfall 30 October 2012
Proposed date for the allotment of New Shares and AttachingOptions 2 November 2012
Deferred settlement tradingends 2 November 2012
Proposed date forquotation of New Shares and AttachingOptions 5 November 2012

This timetable is indicative only and the Company reserves the right to vary it at any time without prior notice subject to the Listing Rules and the Corporations Act.

Yours sincerely,

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Terry Kallis Managing Director

Petratherm Ltd

Level 1, 129 Greenhill Road Telephone 08 8274 5000 Unley, South Australia 5061 Facsimile 08 8272 8141 www.petratherm.com.au Email [email protected]

ABN: 17 106 806 884 ASX: PTR