ASX ANNOUNCEMENT

2 September 2014 Electronic lodgement

COMPANY SNAPSHOT

LODESTAR MINERALS LIMITED ABN: 32 127 026 528

ASX Limited NOTICE PURSUANT TO SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 CONTACT DETAILS

Bill Clayton, Managing Director

+61 8 9423 3200

Registered and Principal OfficeLevel 2, 55 Carrington Street Nedlands, WA 6009

PO Box 985

Nedlands, WA, 6909 admin@lodestarminerals.com.au www.lodestarminerals.com.au

CAPITAL STRUCTURE Shares on Issue:

243,394,754 (LSR)

Options on Issue:

16,803,839 (Unlisted)

ASX: LSR

PROJECTS Peak Hill - Doolgunna:

Base metals, gold

In respect to the issue of 21,161,539 fully paid ordinary Shares (New Shares) and
7,053,839 Options (New Options) pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Cth) (the Act) Lodestar Minerals Limited (Company) advises that the Act restricts the on‐sale of securities issued without disclosure, unless the sale is exempt under the section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

NOTICE UNDER s708A OF THE ACT

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

1. The Company offered the New Shares and New Options for issue without disclosure to various professional and sophisticated investors under Part 6D.2 of the Act on 1 September 2014;
2. The Company is providing this notice under paragraph 5(e) of section 708A of the Act, as modified by Australian Securities and Investments Commission Class Order [CO 08/35];
3. As at the date of this notice, the Company has complied with the provisions of
Chapter 2M of the Act as they apply to the Company;
4. As at the date of this notice, the Company has complied with section 674 of the Act;
5. As at the date of this notice, there is no information:
(a) That has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
(b) That investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
(i) The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
(ii) The rights and liabilities attaching to the New Shares.

On behalf of the Board of Directors

distributed by