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FSE - Firestone Energy Limited - Firestone share purchase plan FIRESTONE ENERGY LIMITED (Registration number: ABN 058 436 794) (SA company registration number: 200/023973/10 Share code on the JSE: FSE Share code on the ASX: FSE ISIN: AU000000FSE6 ("FSE" or "the Company") FIRESTONE SHARE PURCHASE PLAN ("SPP") Firestone Energy Limited (ASX/JSE:FSE - "Firestone") is pleased to announce that the documentation relating to the SPP proposed on 2 May 2011 has been posted to non SA shareholders today and will be posted to South African Shareholders on Friday, 11 May 2011. South African shareholders should note that the South African timetable will differ and they will not receive their acceptance documentation relating to the SPP at this stage until such time as FSE has all regulatory approval to extend the SPP to South African shareholders including SARB and JSE approvals. If approved the SA shareholders will receive ther offer acceptance documentation in due course and be allowed sufficient time to decide as to whether they would like to follow their rights or not and as such the SA SPP will run on a different timetable. Shareholders are directed to the FSE website at www.firestoneenergy.com.au and the ASX website for electronic versions of the documentation posted to non- SA shareholders today, which documentation they will be receiving in due course. ABOUT FIRESTONE ENERGY Firestone Energy Limited is an independent Australian exploration company focused on developing coal projects in South Africa. The Company is currently exploring the richly endowed Waterberg coalfield in the Limpopo Province of South Africa. The Company is committed to value-added growth through becoming an independent coal and energy producer at its projects in South Africa. The Company has entered into three joint ventures with Sekoko Resources; a South African black empowerment company (BEE) and Sekoko has two directors on the Board of Firestone Energy. Corporate Details ASX: FSE JSE: FSE Issued Capital: 2,627 million ordinary shares Major Shareholders: Sekoko Resources (Pty) Ltd Colbern Fiduciary Nominees Ltd Bell Potter Nominees Ltd Directors and Officers: Non Executive Directors: David Perkins (Chairman) Sizwe Nkosi Colin McIntyre Pius Kasolo Peter Tshisevhe Company Secretary Jerry Monzu Contact: Unit B9, 431 Roberts Road Subiaco, Western Australia 6008 Tel: +61 (0)8 9287 4600 Web: www.firestoneenergy.com.au For further information please contact: Jerry Monzu Company Secretary Tel: +61 8 9287 4600 www.firestoneenergy.com.au Pretoria 11 May 2011 Sponsor River Group If you have any enquiries in relation to this announcement, please contact the Company Secretary on +61 (0)8 9287 4600. Jerry Monzu Company Secretary www.firestoneenergy.com.au Date: 11/05/2011 08:37:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
