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RAREX LIMITED Capital/Financing Update 2011

Jul 10, 2011

65681_rns_2011-07-10_d3fbe041-832f-43ec-8fdc-8d1fe0a5874b.pdf

Capital/Financing Update

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==> picture [529 x 56] intentionally omitted <==

----- Start of picture text ----- Clancy Exploration Limited Phone: (02) 6361 12853 Corporation Place Fax: (02) 6361 1202Orange NSW 2800 www.clancyexploration.comAustralia [email protected]----- End of picture text -----

ASX / MEDIA ANNOUNCEMENT 11 July 2011

EXPIRY OF UNQUOTED OPTIONS

Clancy Exploration Limited (“Clancy”) advises that 2,000,000 unquoted options with an exercise price of 20 cents expired on 10 July 2011.

‐ENDS‐

Please direct enquiries to:

Gordon Barnes Managing Director Phone: +61 2 6361 1285 Email: [email protected] Web: www.clancyexploration.com