UNION STAR METALS LTD — Capital/Financing Update 2011

Jun 9, 2011

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Friday, 10 June 2011

Australian Securities Exchange Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

EXTENSION OF THE CLOSING DATE OF OFFER TO 24 JUNE 2011

The Company advises that the closing date for the acceptance of applications under the prospectus dated dated 24 May 2011 and the supplementary prospectus dated 2 June 2011 to raise up to $12,000,000 has been extended to 24 June 2011 or such later date the Company may advise .

Please contact Ananda Kathiravelu, Executive Director, for further details.

Yours sincerely,

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Philip Re Company Secretary

Promesa Limited ABN 36 124 541 466 www.promesa.com.au Level 28, 140 St Georges Tce, Perth WA 6000 / PO Box 994, Subiaco WA 6904 Phone: 08 9278 2766 fax: 08 9278 2525