NON RENOUNCEABLE OPTIONS ISSUE The Board of AIM Resources...

NON RENOUNCEABLE OPTIONS ISSUE The Board of AIM Resources Limited wishes to advise that it has resolved to raise a total of approximately A$1.3 million via a pro rata non-renounceable entitlement issue to shareholders. The issue is for one (1) new option for every four (4) ordinary shares held at an issue price of $0.01 and is fully underwritten. The new options have an exercise price of $0.10 and an expiry date of 30 June 2009. The funds raised will be used to fund the ongoing exploration and evaluation programmes of the Company’s resource projects, to provide funds for the corporate and administration activities of the Company, to provide working capital and to meet the costs of the issue. The Board of AIM Resources Limited wishes to advise that it has considered the costs of complying with the relevant legal and regulatory requirements to extend the offer outside ofAustralia and New Zealand (in particular, to existing shareholders who have registered addresses in the United Kingdom). Accordingly, the Company regrets to advise that it is unable to extend this pro-rata non-renounceable entitlement issue of options on this occasion to shareholders who have a registered address outside of Australia and New Zealand at reasonable cost having regard to: (a) the number of shareholders having a registered address outside of Australia and New Zealand; (b) the number and value of the securities to be offered to shareholders who have a registered address outside of Australia and New Zealand; and (c) the cost of complying with the legal requirements and requirements of regulatory authorities in the overseas jurisdictions. The issue has been fully underwritten by Leadenhall Australia Limited. The indicative key dates are as follows:
• Lodgement of Prospectus with ASIC 2 June 2005
• Ex Entitlement Date 16 June 2005 • Record Date 22 June 2005
• Despatch of Prospectus and Entitlement and Acceptance Forms 24 June 2005
• Acceptances close – 5.00pm Eastern Standard Time 12 July 2005
• Securities quoted on a deferred settlement basis 13 July 2005
• Despatch Date (allotment of securities and advice of uncertificated holdings) 20 July 2005