Issue of Cleansing Prospectus

9 May 2012 08:27

9 May 2012 Red Emperor Resources NL ("Red Emperor" or "the Company") Issue of Prospectus

Red Emperor Resources NL announces that it has today released a Cleansing Prospectus ("Prospectus"), pursuant to Section 708A(11) of the Australian Corporations Act 2001 and in connection with this is issuing 100 new ordinary shares at AUS$0.50 per share. The purpose of the Prospectus is to remove any trading restrictions that may have attached, or may attach, to shares issued by the Company prior to the closing date.

No action has been taken to permit the offer of shares under the Prospectus in any jurisdiction other than Australia.

For further information please visit www.redemperorresources.com or contact:

Red EmperorGreg Bandy +61 8 9225 2826Rebecca Sandford +44 20 7025 7040Cairn Financial Advisers LLP (Nominated Adviser)Jo Turner +44 20 7148 7900Tony RawlinsonFox-Davies Capital Limited (Joint Broker)Daniel Fox-Davies +44 20 3463 5000Richard HailOld Park Lane Capital plc (Joint Broker)Luca Tenuta +44 20 7493 8188Michael ParnesTavistock CommunicationsPaul Youens +44 20 7920 3150Ed Portman