SUPERIOR RESOURCES LIMITED — Capital/Financing Update 2014

Nov 9, 2014

==> picture [162 x 124] intentionally omitted <==

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: manager@superiorresources.com.au

ASX RELEASE 10 November 2014

Share Purchase Plan Notice under ASIC Class Order (CO 09/425)

Notice is given by Superior Resources Limited ACN 112 844 407 ( Company ) under ASIC Class Order 09/425 ( CO 09/425 ) that:

1. the Company will make offers to issue fully paid ordinary shares in the Company under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act );

2. this notice is being given in accordance with CO 09/425;

3. as at the date of this notice, the Company has complied with:

   • (i) the provisions of Chapter 2M of the Act as they apply to the Company; and

   • (ii) section 674 of the Act; and

4. as at the date of this notice, there is no information which is required to be disclosed by the Company that is excluded information, as defined in sections 708A(7) and (8) of the Act.

This notice is dated 10 November 2014 and is given in the 24 hour period before the offer under the Share Purchase Plan is made by the Company.

Carlos Fernicola Chairman

Page 1 of 1