Stanmore Coal Limited : Results of Meeting

Stanmore Coal offers an opportunity to invest in a growing coal exploration and development company located in the heart of Queensland's coal country.

Stanmore Coal is targetting production of seven million tonnes per annum of open pit coal by 2015 from an existing JORC Inferred Resource of 318 million tonnes and further upside from multiple exploration projects which are all 100 percent owned.

• Stanmore Coal offers an attractive entry point into the coal sector in Australia with a diversified portfolio of development and exploration properties that will produce coking, thermal and PCI coal.
• All of the exploration projects are situated in Queensland's Bowen Basin, a major supplier of some of the world's best coking, PCI and thermal coal

Seven million tonnes production from two development projects by 2015

• Stanmore Coal has two development projects - the Mackenzie coking coal project in the Bowen Basin and The Range export thermal coal project in the Surat Basin
• Pre-Feasibility studies are targeted to be completed on both projects by end 2011
• Both development projects are targeting production by 2015 at a combined rate of seven million tonnes per annum

Projects close to export infrastructure

• Stanmore Coal's EPCs are very well located for rail infrastructure which provides access to the export ports at Gladstone and Dalrymple Bay
• Stanmore has submitted applications for access to Wiggins Island Coal Terminal Stage 2 and for access to key rail lines

Significant exploration upside

• Portfolio of over 1,080km2 of highly prospective, granted exploration tenements of which 90 percent sits within Queensland's prime Bowen Basin coal region
• Additional exploration target of 290 - 370 million tonnes at Mackenzie and Tennyson
• Additional potential upside via Kerlong, Belview and New Cambria projects yet to be assessed for tonnage targets
• Further exploration targets are under EPC application

Highly experienced Board and management focussed on growth

• The Board and management team have a proven track record in the identification, exploration, development and operation of numerous coal prospects and mines in Queensland and NSW; as well as the formation of a number of successful coal and coal seam gas companies
• The Board and Management of Stanmore Coal have a successful track record in mergers and acquisitions which will complement Stanmore Coal's planned corporate growth
• Stanmore Coal believes it can create value via identification and delivery of logical acquisitions such as Comet Coal & Coke, acquired in September 2009

Fully funded

• Stanmore Coal raised $25.7 million in late 2010, this will allow the completion the Pre Feasibility Study at The Range and Mackenzie and drilling at all of the exploration projects. Existing funding will also be used to secure access to key infrastructure for the two development projects.