UNION STAR METALS LTD — Capital/Financing Update 2014

Dec 16, 2014

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ASX ANNOUNCEMENT

SOUTH AMERICA’S

EMERGING PRECIOUS

AND

17 December 2014

BASE METALS EXPLORER

Expiry of Unlisted Options

Promesa Limited

Office Address

Suite 7 | 55 Hampden Rd, Nedlands, WA 6009

Promesa Limited (“Promesa” or the “Company”) advises the expiry of the following unlisted options, on the 12[th] December 2014. No options in these classes have been exercised.

Australia

P: +61 8 9389 8884

F: +61 8 6389 0576

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• 1,000,000 unlisted Class A Options ($0.15)

• 1,000,000 unlisted Class B Options ($0.20)

• 1,000,000 unlisted Class C Options ($0.25)

Yours sincerely

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Damon Sweeny Company Secretary

Contact

Ananda Kathiravelu

Executive Director

E: ananda@promesa.com.au

M: +61 412 036 789

Michael Sebbag

Executive Technical Director

E: michael@promesa.com.au

M: +61 407 703 899

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