TALGA GROUP LTD — Capital/Financing Update 2014

Mar 20, 2014

21 MARCH, 2014

ASX: TLG

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Talga Resources Ltd ABN 32 138 405 419 1st Floor, 2 Richardson St, West Perth, WA 6005 T: +61 8 9481 6667 F: +61 8 9322 1935 www.talgaresources.com

Corporate Information ASX Code TLG Shares on issue 105.1m Options (unlisted) 3.75m

Company Directors Keith Coughlan Non-Executive Chairman

Mark Thompson Managing Director

Grant Mooney Non-Executive Director

ISSUE OF TALGA RESOURCES LIMITED SHARES – SECONDARY TRADING NOTICE

On 21 March 2014 Talga Resources Limited (" Talga ” or the Company ") issued 20,000,000 fully paid ordinary shares in the capital of the Company at an issue price of $0.085 per share (“ Placement Shares ”) to S708 compliant investors under the Company’s existing placement capacity.

Secondary Trading Exemption

The Corporations Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) as at 21 March2013 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at 21 March 2014 there is no information:

• (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

• (ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

  • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

  • B. the rights and liabilities attaching to the Placement Shares

Yours faithfully

Lisa Wynne

Company Secretary Talga Resources Ltd +61 (08) 9481 6667

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ASX Code: TLG

TALGA RESOURCES LTD ASX AND MEDIA RELEASE

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