QX RESOURCES LIMITED — Share Issue/Capital Change 2011

Nov 3, 2011

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4 November 2011

Manager of Company Announcements Australian Securities Exchange Level 6, 20 Bridge Street Sydney NSW 2000

By E‐Lodgement

Restricted Securities to be Released from Escrow

Pursuant to ASX Listing Rule 3.10A, Black Mountain Resources Limited confirms that 5,400,000 fully paid ordinary shares will be released from escrow on 22 November 2011.

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Rebecca Sandford Company Secretary

Black Mountain Resources Limited ACN 147 106 974 945 Wellington Street, West Perth WA 6005 Telephone: +61 8 9322 7600 www.blackmountainresources.com.au | info@blackmountainresources.com.au