western desert resources ltd (WDR) Snapshot

Western Desert Resources Limited announced the impending retirement of Mr. David Cloke as a nonexecutive director of the company. Mr. David Cloke, being one of the directors longest in office since reelection, is due to retire by rotation at the company's upcoming annual general meeting on November 29, 2012 (AGM). Mr. Cloke has advised the company that he does not intend to offer himself for reelection as a director at the AGM. Mr. Cloke has been a nonexecutive director of the company since the company's formation in 2006, and acted as company secretary for the Company until June 2007. He guided the company as Chairman from January 20, 2010 until January 25, 2011.

Western Desert Resources Limited, Annual General Meeting, Nov 29, 2012., at 09:00 AUS Central Standard Time. Location: Rydges South Park. Agenda: To consider reelection of directors; to receive and consider the company's Directors' report, financial report and auditor's report for the financial year ended June 30, 2012; to adopt remuneration report; and to approve employee share option plan.

Western Desert Resources Ltd. reported audited consolidated and Parent earnings results for the year ended June 30, 2012. For the period, on consolidated basis, the company reported loss before income tax expense and loss attributable to members of AUD 3,363,200 or 1.59 cents per basic and diluted share, compared to AUD 2,001,381 or 1.34 cents per basic and diluted share, a year ago. Net cash used by operating activities was AUD 2,240,605 compared to AUD 1,561,771 a year ago. Payments for exploration expenditure were AUD 18,112,029 compared to AUD 10,358,053 a year ago. Payment for plant, equipment and infrastructure were AUD 1,218,559 compared to AUD 1,744,607 a year ago. For the period, on parent company basis, the company reported loss of AUD 3,363,200 against AUD 3,263,704 a year ago.