YOJEE LIMITED — Capital/Financing Update 2011

Jul 18, 2011

19th July 2011

ASX Announcement

By e-lodgement

RELEASE OF RESTRICTED SECURITIES

Southern Crown Resources Limited (Company) advises that the ASX escrow period for the fully paid ordinary shares issued on 20 July 2010 will expire on 20 July 2011 and that 995,835 ordinary shares will be released from escrow with effect from 20 July 2011. An Appendix 3B applying for quotation of the shares is attached.

Yours sincerely

ADRIAN HILL COMPANY SECRETARY SOUTHERN CROWN RESOURCES LIMITED

Appendix 38

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

I SOUTHERN CROWN RESOURCES LIMITED

ABN

152 143 416 531

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 ~Class of "securities issued or to be I Issued Not Applicable

• 2 Number of "securities issued or to I be issued (if known) or maximum number which may be issued
• 3 Principal terms of the "securities Not Applicable (eg, if options, exercise price and expiry date; if partly paid "securities, the amount outstanding and due dates for payment; if "convertible securities, the conversion price and dates for conversion)

Not Applicable

---

---

⁺ See chapter 19 for defined terms.

4	Do the "securities rank equally in all respects from the date of allotment with an existing "class of quoted "securities?	Not Applicable
	If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
5	Issue price or consideration	I Not Applicable
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	Not Applicable
7	Dates of entering "securities into uncertificated holdings or despatch of certificates	Not Applicable
		Number	+Class
8	Number and "class of all "securities quoted on ASX (including the securities in clause 2 if applicable)	Not Applicable
		Number	"Class
9	Number and "class of all	Not
	"securities not quoted on ASX (including the securities in clause 2	Applicable

if applicable)

Dividend policy (in the case of a I Not Applicable trust, distribution policy) on the increased capital (interests) --------------------------------------~ 10

Part 2 - Bonus issue or pro rata issue-Deleted Not Applicable

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of securities

(tick one)

(a)

(b)

Securities described in Part 1

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends} securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a) Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

10,001 - 100,000 100,001 and over

• ³⁵ D If the "securities are "equitv securities, the names of the 20 largest holders of the additional "securities, and the number and percentage of additional "securities held by those holders
• ³⁶ D If the "securities are "equity securities, a distribution schedule of the additional "securities setting out the number of holders in the categories 1- 1,000 1,001 - 5,000 5,001 - 10,000

³⁷ D^A copy of any trust deed for the additional "securities

• See chapter 19 for defined terms.

Entities that have ticked box 34(b)

38	Number of securities for +quotation is sought	which 1955,835 --------------------------------------
39	Class of +securities for which quotation is sought	1 Ordinary Shares
40	Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:	Yes
	• the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
41	Reason for request for quotation now Example: In the case of restricted securities, end of restriction period	End of restriction period on 20 July 2011
	(if issued upon conversion of another security, clearly identify that other security)

42 Number and +classof all +securities quoted on ASX (including the securities in clause 38) Number +Class 23,981,477 Ordinary Shares 9,994,355 \$0.35 options expiring 31 December 2012

Quotation agreement

• 1 "Ouotation of our additional "securities is in ASX's absolute discretion. ASX may quote the "securtties on any conditions it decides.
• 2 We warrant the following to ASX.
• The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.
• There is no reason why those "securities should not be granted +quotation.
• An offer of the "securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
• If we are a trust, we warrant that no person has the right to return the "securlties to be quoted under section 1019B of the Corporations Act at the time that we request that the rsecurities be quoted.
• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• 4 We give ASX the information and documents required by this form. If any information or document not available now, we will give it to ASX before "quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here: Date: 19 July 2011

Print Name: Adrian Hill

⁺ See chapter 19 for defined terms.