ASX RELEASE

21 November 2013

FUNDING AGREEMENT WITH TWINKLE WOODS LTD Moreton Resources Ltd (ASX:MRV) refers to its letter to the ASX of 19 November 2013 requesting a trading halt.

The Directors have received legal advice on the email referred to in the letter from Twinkle Woods Ltd (Twinkle Woods). The Company is presently conducting discussions with Twinkle Woods as to which amounts are owing and when they are to be repaid. The Company will make a further announcement to the market once those discussions have concluded, which on current estimates of the Company may be at the end of this week.

Andrew Matheson


Executive Chairman

Moreton Resources Ltd

214/370 St Kilda Road, Melbourne 3004

Tel +61 3 9645 5919

ABN 75 060 111 784

Email enquiries@moretonresources.com.au

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