XPEDRA RESOURCES LIMITED — Capital/Financing Update 2012

Jun 24, 2012

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ABN 46 126 681 105

21 June 2012

Dear Optionholder

Voyager Resources Limited – pro-rata non-renounceable entitlement issue

As announced on 15 June 2012 Voyager Resources Limited (ACN 076 390 451) ( Voyager ) is undertaking a 1 option for every 3 shares held pro rata non-renounceable entitlements issue ( Entitlement Issue or Offer ) of approximately 446,373,854 options ( New Options ) to raise approximately $4.464 million. The price of New Options under the Offer is $0.01 each ( Issue Price ). The Company lodged a prospectus for the Offer ( Prospectus ) with ASIC and ASX on 21 June 2012.

Pursuant to the terms of the options that were issued to you, the Company is required to notify you of your right to participate in any pro rata issue of securities if you exercise your options prior to the record date for the pro rata issue.

Accordingly, take notice that in order to participate in the Entitlement Issue, you will need to exercise your options prior to the record date for the Entitlement Issue, being 5.00pm WST on 2 July 2012 .

The Company has lodged a prospectus in relation to the Entitlement Issue at the Australian Securities & Investments Commission and this document will be despatched to shareholders of the Company on 5 July 2012. The prospectus outlines the Entitlement Issue in detail.

Should you have any queries in relation to this matter, please do not hesitate to contact the Company on (+61 8) 9200 6264.

Yours faithfully

Matthew Wood Executive Chairman

Level 1/33 Richardson Street, West Perth WA 6005 P.O. Box 826, West Perth WA 6872, Australia Ph +61 8 9200 6264, Fax +61 8 9200 4469