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RAREX LIMITED AGM Information 2008

Jun 3, 2008

65681_rns_2008-06-03_a6f06bd2-d2ee-468c-a9e1-e6ee7e33fb79.pdf

AGM Information

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ASX/ Media Announcement 4 June 2008

CLANCY OUTLINES ITS GROWTH PLANS ON BOARDROOM RADIO

Copper, gold and base metals explorer, Clancy Exploration (ASX: CLY) today announced that an audio broadcast of the Company’s Annual General Meeting presentation is available online for shareholders and investors.

To listen, simply click on the link, http://www.brr.com.au/event/46552.

The presentation details are as follows:

  • CLY - Annual General Meeting Presentation - Mr Gordon Barnes, Exploration Manager

  • • Presented by Mr Gordon Barnes, Exploration Manager

  • Wed, 4 Jun 2008 01:00PM AEST

Clancy Exploration is committed to keeping its shareholders across Australia informed and up-todate with the Company’s growth plans.

-ENDS-

Please direct enquiries to:

Mark Stewart Managing Director Tel: +61 8 9481 8241 Email: [email protected] Web: www.clancyexploration.com

Ann Nahajski Porter Novelli Tel: +61 8 9386 1233 Mob: +61 (0)400 205 433

About Clancy

Clancy Exploration (ASX: CLY) is an Australian-focused copper, gold and base metals explorer. Although a relatively new listing on the ASX (July 2007), the Company’s portfolio has been built up over the last four years to consist of highly prospective copper-gold projects in the Lachlan Fold Belt of NSW and base metal projects in the Mount Read Volcanic Belt of Tasmania.

Clancy’s competitive advantages include support from major shareholder, Geoinformatics (TSXV), one of the largest ground positions of any explorer in the prospective Macquarie Arc (>1933km2), and the innovative use of digital geological and geophysical data in probability based targeting.

The Company’s objective is to advance its properties to a stage of commercial development by applying faster, less expensive and more reliable analytical methods to resource exploration. The exploration activities are well-funded and substantial upside exists with the potential addition of resources.

Additionally, Clancy has established joint ventures with Gold Fields Limited on three projects in NSW (managed by Clancy) and with Bass Metals Limited on the Tasmanian tenement package (managed by Bass Metals). Clancy, in conjunction with Gold Fields, spent over $3.5 million on the projects prior to listing, with a combined $7.4 million planned to be spent on the Company’s tenement package within two years of listing.

Clancy Exploration Limited 57 Havelock Street, West Perth WA 6005 Telephone: (08) 9481 8241 Facsimile: (08) 9226 1299 www.clancyexploration.com [email protected]