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VERITY RESOURCES LIMITED Capital/Financing Update 2013

Oct 27, 2013

66020_rns_2013-10-27_a797bcea-7a90-4015-ad56-e0563d04a96f.pdf

Capital/Financing Update

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ABN 96 122 995 073

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ASX Code: BML

TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED DATE: 28 OCTOBER 2013

RESULTS OF RENOUNCEABLE RIGHTS ISSUE

The Board of Botswana Metals Limited (“the Company”) wishes to advise that the Renounceable Rights Issue (“the Issue”) has closed.

The Company is pleased to report that the Issue has raised the full amount of $564,471 and a total of 282,235,323 shares and 282,235,323 options exercisable at 1.5 cents ($0.015) each expiring on 31 December 2016 will be allotted.

The Board wishes to thank all applicants for their support.

An announcement will be made once the securities have been allotted.

Pat Volpe Chairman

Botswana Metals Limited

REGISTERED OFFICE

Suite 5, Level 1, 310 Whitehorse Road, Balwyn Vic Australia 3103 P: +61 3 9830 7676; F: +61 3 9836 3056 Email [email protected]

www.botswanametals.com.au