SUREFIRE RESOURCES NL — Capital/Financing Update 2007

Dec 18, 2007

ABN 48 083 274 024 Level 1, 248 Hay Street, SUBIACO WA 6008 Telephone 61 8 9381 6922 Facsimile 61 8 9381 6060

19[th] December 2007

Manager Announcements Company Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam,

PLACEMENT

The Company wishes to advise that in accordance with the Appendix 3B and Placement Prospectus lodged with the ASX on 4[th] December 2007 for the issue of 40,000,000 Shares and 20,000,000 Options, the Prospectus has closed fully subscribed.

The securities the subject of the Placement Prospectus will be issued on Friday 21[st] December 2007.

Yours faithfully,

GENESIS BIOMEDICAL LIMITED

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David Semmens Company Secretary