Cic Mining Regulatory News (CICC)

CIC Mining Resources Ltd.

("CIC" or the "Company")

Share placing

The Board of CIC is pleased to announce that it has agreed the terms to raise approximately £660,000 by way of a placing of 16.5 million new Common Shares at a price of 4 pence per share. The proceeds of the placing will be used to provide CIC with additional working capital and enable it to progress its plans to realise value from its investments. In addition to the issue of these shares, warrants enabling the holders to subscribe for additional Common Shares have been granted on a 1 for 1 basis at 4 pence per share. The warrants expire on 31 December 2014 if they have not been exercised by that date.

Following the placing, the Company will have 168,951,777 Common Shares in issue. The placing represents 9.77 per cent of the enlarged issued share capital of the Company.

The placing is conditional upon admission of the placing shares to trading on AIM. Application has been made for the placing shares to be admitted to trading on AIM. Admission and trading in the new shares are expected to commence on 6 February 2013.

Enquiries

CIC Mining Resources Ltd

Stuart Bromley

Tel: +86 136 0113 1912

Nominated Adviser

Cairn Financial Advisers LLP

Tony Rawlinson

Tel: +44 (0)207 148 7900

CIC Mining Resources Ltd

The Company is an advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide advisory services to entities operating at various stages of development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.

Mining and energy infrastructure companies or projects will include those involved in the exploration for, and extraction of, base metals, precious metals, bulk commodities, thermal and metallurgical coals, industrial metals, hydrocarbons, renewables and new technologies, including single-asset as well as diversified natural resources companies.

The core services provided by CIC Mining Resources are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and Advice on Listings where the Company helps the client realise value by listing on a Stock Exchange. www.cicresources.com