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TREK METALS LIMITED Capital/Financing Update 2014

Apr 1, 2014

65923_rns_2014-04-01_a13842d4-ab16-4fb6-a82a-96a2ecc1ddb5.pdf

Capital/Financing Update

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ZAMBEZI RESOURCES LIMITED 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

Wednesday, 2 April 2014

Manager Company Announcements Company Announcements Office Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000

Via Electronic Lodgement

Dear Sir/Madam

Rights issue results

Zambezi Resources Limited has completed the non-renounceable rights issue (“Rights Issue”) on the basis of one (1) fully paid ordinary share for every three (3) fully paid ordinary shares as announced on 30 January 2014.

The non renounceable Rights Issue closed on Friday, 28 March, 2014 and raised $372,841.

Existing shareholders applied for approximately 2,485,608 shares of the shares on offer. The shortfall consists of 5,661,622 shares and the directors have reserved the right to place the shortfall to any parties selected by the directors, subject to the Corporations Act and the Listing Rules.

New holding statements as a result of the Rights Issue will be despatched to shareholders on Friday, 4 April 2014, and the new shares are expected to commence normal trading on the ASX on Monday, 7 April, 2014.

For further information please contact the undersigned.

Frank Vanspeybroeck MANAGING DIRECTOR

Telephone: +61 (8) 6555 1879