Resolute Mining Limited — Capital/Financing Update 2009

Oct 15, 2009

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ASX ANNOUNCEMENT

CAPITAL RAISING APPROVED AND CLOSED

Resolute Mining Limited shareholders have approved the Company’s capital raising by passing the two resolutions considered at today’s Extraordinary General meeting.

The capital raising offer has been fully subscribed and is now closed. Confirmation of securities allotted and issued will be provided on or about 22 October 2009.

Details of the voting in regard to the resolutions tabled at today’s Extraordinary General Meeting of Shareholders (together with the information required to be given by section 251AA of the Corporations Act) are as follows :

– Resolution 1 Ratify Convertible Note and Option Issue

Resolution passed by a show of hands.

– Resolution 2 Authorise Convertible Note and Option Issue

Resolution passed by a show of hands.

Proxy votes were as follows :

RESOLUTION	1	2
Proxies directed to vote for resolution	130,360,804	127,657,730
Proxies directed to vote against resolution	44,389	37,067
Proxies able to vote at proxies’discretion	35,257	35,257
Proxies directed to abstain on resolution	315,829	3,026,225

For and on behalf of the Board

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GREG FITZGERALD Company Secretary

16 October 2009

RESOLUTE MINING LIMITED A.C.N. 097 088 689

4th Floor, The BGC Centre, 28 The Esplanade, Perth, Western Australia 6000. P.O. Box 7232 Cloisters Square, Perth, Western Australia 6850 Telephone : (08) 9261 6100 Facsimile : (08) 9322 7541