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SUPERIOR RESOURCES LIMITED Capital/Financing Update 2009

Oct 20, 2009

65848_rns_2009-10-20_8aa98fda-472a-4147-aec4-4c9cee24d54d.pdf

Capital/Financing Update

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Superior Resources Limited

ABN 72 112 844 407

Registered Office: Level 2, 87 Wickham Terrace, Spring Hill, QUEENSLAND, 4000. Postal Address: PO Box 10288, Brisbane Adelaide Street, QUEENSLAND, 4000. Telephone: 07 3839 5099 Facsimile: 07 3832 5300 Email: [email protected]

21 October 2009

The Manager Company Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000

RELEASE OF ESCROWED SECURITIES

In accordance with Listing Rule 3.10A Superior Resources Limited advises that the following restricted securities in the Company are due for release on 12 November 2009:

  • 9,535,004 ordinary fully paid shares

  • 1,000,000 options (unquoted) expiring 31 December 2010 and exercisable at 30 cents

  • 8,000,000 options (unquoted) expiring 30 June 2011 and exercisable at 50 cents

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Ken Harvey Managing Director