Impact Minerals Limited, Annual General Meeting, Nov 29, 2012., at 11:30 W. Australia Standard Time. Location: Bentleys (WA) Pty Ltd. Agenda: To receive and consider the financial report of the company the reports of the directors and auditors for the year ended June 30, 2012; to adopt remuneration report; to consider election of Mr. Peter Unsworth as a director; to consider grant of options to Mr. Peter Unsworth; to consider grant of options to Dr. Michael G Jones; to consider grant of options to Dr. Rodney Fripp; to consider grant of options to Dr. Markus Elsasser; to consider grant of options to Mr. Paul Ingram; and to consider long term incentive plan.

Impact Minerals Limited announced consolidated earnings results for the year ended June 30, 2012. For the year, the company reported loss of AUD 4,484,665 or 0.04 cents per basic share compared to profit of AUD 312,242 or 0.27 cents per basic share of prior year. Loss before income tax and loss from continuing operations was AUD 4,484,665 against loss before income tax and loss from continuing operations of AUD 1,005,259 of prior year. Interest income was AUD 70,986 against AUD 232,965 of prior year. Net cash used in operating activities was AUD 3,584,058 against AUD 2,823,953 of prior year. Payments for property, plant and equipment were AUD 5,109 against AUD 83,794 of prior year.

The directors of Impact Minerals Limited announced the appointment of Dr. Markus Elsasser as a non-executive director of the company. Dr. Elsasser has previously been director of finance at the Dow Chemical Company in Germany. He has extensive General Management experience with former appointments as managing director in Australia and Singapore in the chemical and food industries. He is a non-executive board member of Arctic Gold AB.