Perth Office: Ascot Resources Ltd

512 Hay Street

Subiaco WA 6008

T: + 61 8 9381 4534 F: + 61 8 9380 6440

E: info@ascotresources.com

W: www.ascotresourcs.com

ASX ANNOUNCEMENT 19 December 2013

The Manager
Company Announcements Office Australian Stock Exchange Limited Via: www.asxonline.com

Notice Under Section 708A Corporations Act


On 17 December 2013, Ascot Resources Limited ("Ascot") issued 507,037 fully paid ordinary shares ("Shares") as payment of an establishment fee under a Loan Note issued to Resource Capital Fund V L.P.
In accordance with the requirements of section 708A(5)(e) of the Corporations Act 2001 (Cth) ("Act"), Ascot advises that:
1. the Shares were issued by Ascot without disclosure under Part 6D.2 of the Act;
2. this notice is being given under section 708A(5)(e) of the Act;
3. as at the date of this notice, Ascot has complied with:
a. the provisions of Chapter 2M of the Act as they apply to Ascot; and b. section 674 of the Act; and
4. as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7)
or 708A(8) of the Act.

About Ascot Resources Limited

Ascot Resources Limited ("Ascot") is an ASX listed coal explorer and developer. Its major asset is its 90% JV interest in the Titiribi Coal Project located in the Department of Antioquia, Colombia. With the Project site being located only 70km from State Capital Medellin, it is close to existing utilities and infrastructure. It is Ascot's intention to grow the Colombian business via asset acquisition and it will be continually assessing opportunities within Colombia.
For more information, visit www.ascotresources.com or contact: Andy Caruso
Executive Chairman & Chief Executive Officer
T: +61(0) 8 9381 4534

F: +61(0) 8 9380 6440

Ascot Resources Limited (ASX:AZQ) ABN 85 146 530 378 1

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