SHARE PURCHASE PLAN COMPLETION

29 January 2013

Global Metals Exploration NL (Global Metals) is pleased to announce completion of its Share

Placement Plan (Plan) announced on 9 January 2013.

The Company obtained valid subscriptions from shareholders for 117,666,680 shares at $0.003, raising

$353,000, before costs.

Shares under the SPP have been allotted in accord with the timetable below.

SPP Timetable

Record Date

8 January 2013

Announcement Date

9 January 2013

Document Dispatching Date

9 January 2013

Offer Opening Date

11 January 2013

Offer Closing Date

18 January 2013

Allotment Date and Holding Statement

Dispatching Date

25 January 2013

The shares form part of the quoted ordinary fully paid share class of the Company's securities. The Appendix 3B for quotation of these shares has been lodged with the ASX.
For further information please feel free to contact our office on (02) 9225 4050 or by email to info@gmetex.com.au.

Kind regards,

Lia Darby

Managing Director

Global Metals Exploration NL

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