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PTR MINERALS LTD Capital/Financing Update 2013

Oct 30, 2013

65621_rns_2013-10-30_b5b3c9d0-ebc5-42b9-b761-2f9094cd3c28.pdf

Capital/Financing Update

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31 October 2013

Dear Shareholder

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

Petratherm Ltd ( “the Company” ) wishes to announce an extension of 10 business days to the original proposed closing date of the offer as per timetable lodged on the ASX on the 9 October 2013. The new proposed closing date of the offer is now the 21 November 2013.

As announced on the 10 October 2013 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
Announcement of Entitlement Offer and Appendix 3B lodged with ASX 9 October 2013
Offer Booklet lodged with ASX 10 October 2013
Shareholder notice despatched 11 October 2013
Shares trade on an “ex” Entitlement basis 14 October 2013
Record Date for eligibility to participate in the Entitlement Offer 18 October 2013 at7:00pm Adelaide time
Offer Booklet and Entitlement and Acceptance Form despatched toShareholders 23 October 2013
OpeningDate for the Entitlement Offer 23 October 2013
Closing Date for the Entitlement Offer 21 November 2013 at5:00pm Adelaide time
Securitiesquoted on a deferred settlement basis 22 November 2013
NotifyASX of under subscriptions 26 November 2013
Issue of New Shares issued under the Entitlement Offer and deferredsettlement tradingends 29 November 2013
Normal ASX trading for New Shares commences 2 December 2013
Despatch of holding statements for New Shares issued under theEntitlement Offer 3 December 2013

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,

Terry Kallis Managing Director

Petratherm Ltd ABN: 17 106 806 884 ASX: PTR

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