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TREK METALS LIMITED Capital/Financing Update 2012

Oct 24, 2012

65923_rns_2012-10-24_f3811e85-0478-4b31-b64d-9833fe32beb3.pdf

Capital/Financing Update

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ZAMBEZI RESOURCES LIMITED

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ARBN: 124 462 826

BERMUDA ZAMBIA AUSTRALIA CANON’S COURT PLOT 5697 LEVEL 1, 17 ORD STREET 22 VICTORIA STREET BEU CRESCENT WEST PERTH, WESTERN AUSTRALIA HAMILTON HM12 KALUNDU AUSTRALIA 6005 LUSAKA TEL: +61 8 6555 1879 TEL: +260 211 292101 FAX: +61 8 9398 4104 EMAIL: [email protected] PO BOX 1796, WEST PERTH WWW.ZAMBEZIRESOURCES.COM WESTERN AUSTRALIA, 6872

Thursday, 25 October 2012

Mr Graham Gates Team Leader, Quotations Information Services Operations Via Email: [email protected]

RE : RIGHTS ISSUE OFFER SHORTFALL

With reference to Zambezi Resources Limited’s recent Non-Renounceable Rights Issue, we advise that the shortfall from the Entitlement Offer is 833,714,358 fully paid ordinary shares out of a total of 1,118,708,875 shares offered.

Yours faithfully

Frank Vanspeybroeck CEO 25 October 2012

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Rights Issue Shortfall.docx