VRX SILICA LIMITED — Capital/Financing Update 2012

Feb 5, 2012

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6 February 2012

ASX Limited Company Announcements Office Level 4 Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Capital Raising

Ventnor Resources Limited (“Ventnor”) is pleased to announce that it has received firm commitments for the placement of 5,853,448 ordinary fully paid shares (“Shares”) at an issue price of 58 cents per Share to raise gross proceeds of $3,395,000. The funds raised from the issue will be used to undertake the fourth phase of drilling at the Thaduna/Green Dragon copper project.

The fourth phase is 9,000 metres of predominately diamond drilling at both the Thaduna and Green Dragon prospects with associated core logging, cutting, assays and scanning to be completed by April 2012. The program will include metallurgical testwork and JORC compliant Resource estimates and a preliminary scoping study to be completed by June 2012.

The drill is on site and has been operating since 22 January 2012 and the program is well advanced.

The Shares will be issued within the scope of Ventnor’s available share placement capacity under ASX Listing Rule 7.1.

The placement was arranged by Bell Potter Securities Limited to professional and sophisticated investors.

An Appendix 3B - New issue announcement, application for quotation of additional securities and agreement will be lodged with ASX on completion of allotment and issue of the Shares.

For further information please contact:

Bruce Maluish, Managing Director brucem@ventnorresources.com.au www.ventnorresources.com.au

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