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REDSTONE RESOURCES LIMITED Capital/Financing Update 2007

Jul 18, 2007

65676_rns_2007-07-18_9be95566-cd93-425c-a7b3-21487d42599d.pdf

Capital/Financing Update

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REDSTONE RESOURCES

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19 July 2007

Manager Announcements Companies Announcements Office Australian Stock Exchange Limited Level 4/20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

EXTENSION TO CLOSING DATE OF SHARE OFFER

Due to technical problems leading to delays in the printing of the Short Form Prospectus dated 12 July 2007, the directors have decided to extend the closing date of the Offer from Tuesday 31 July 2007 to Tuesday 7 August 2007, to allow sufficient time for the Offer to be considered.

Yours sincerely

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Anthony Ailakis Chairman

ABN 42 090 169 154 Suite 3, 110-116 East Parade, East Perth WA 6004 Correspondence to: PO Box 8646, Perth Business Centre, WA, 6849 Tel: 08 9328 2552 Fax: 08 9328 2660 Email: [email protected]