Union Resources Ltd., Annual General Meeting, Nov 25, 2009, at 12:00 EAST-East Australian Standard GST. Location: Mackellar Room, Level 1, Novotel Hotel, 200 Creek Street, Brisbane, Queensland, Australia. Agenda: To consider the financial report, directors' report and independent audit report for the company and its controlled entities for the financial year ended 30 June 2009; to approve the re-election of Mr. Ian Ross as a director; to approve the ratification of issue of shares; to approve the appointment of auditors; to approve the remuneration report.

Union Resources Ltd. reported audited consolidated and parent earnings results for the year ended June 30, 2009. For the year, the consolidated revenue from continuing operations was AUD 29,931 against AUD 147,833 a year ago. Loss before income tax was AUD 9,163,340 against AUD 2,117,424 a year ago. Loss for the year from continuing operations was AUD 9,163,340 or 0.94 cents diluted per share against AUD 2,117,424 or 0.24 cents diluted per share a year ago. Net cash outflow from operating activities was AUD 1,661,527 against AUD 2,352,056 a year ago. Payments for property, plant and equipment amounted to AUD 1,027 compared to CAD 21,255 for same period prior year. For the year, the company reported revenue from continuing operations of AUD 29,931 against AUD 147,833 a year ago. Loss before income tax was AUD 2,219,210 against AUD 5,003,019 a year ago. Loss for the year from continuing operations was AUD 2,219,210 against AUD 5,003,019 a year ago. Net cash outflow from operating activities was AUD 1,477,131 against AUD 1,719,363 a year ago.

Union Resources Ltd. announced that Mr. Stephen Gatley has resigned as a director of the company. The company has no plans at this time to appoint a director to the Board to replace Mr. Gatley.