Wasabi Energy Limited

Asian Activities Report for June 15, 2011 includes: Crusader Resources Limited (ASX:CAS) has increased the Mineral Resource estimate of Borborema Gold Project to 1.86 Moz; Wasabi Energy (ASX:WAS) has signed a term sheet to jointly develop, own and operate the Taufkirchen Geothermal Power Plant in Southern Germany; Groote Resources Limited (ASX:GOT) has completed the scoping study of the operational, technical and economic parameters of extracting manganese from seabed locations within the Company's tenements; Coalworks Limited (ASX:CWK) has received its Preliminary Feasibility Study update for the Vickery South Coal Mine, coal handling and preparation plant and mine infrastructure.

Asian Activities Report for April 15, 2011 includes: Wasabi Energy Limited (ASX:WAS) has commenced the construction of Kalina Cycle(R) Laboratory and Testing Facility in Shanghai; Aurora Minerals Limited (ASX:ARM) has commenced copper and manganese drilling in Western Australia; Shaw River Resources Limited (ASX:SRR) is to raise A$25m to progress development of manganese assets in Namibia, Australia and Ghana; Avanco Resources Limited (ASX:AVB) advised that Vale SA (NYSE:VALE) has commenced drilling at Trindade North Iron Ore Project in Brazil.

Australian Market Report of January 11, 2011 includes: Eldorado Gold Corporation (ASX:EAU) (TSE:ELD) (NYSE:EGO) today announced its 2010 operating results and 2011 operating guidance; Wasabi Energy (ASX:WAS) acquired a geothermal power plant in Northern Iceland; Sierra Mining Limited (ASX:SRM) has entered into an agreement with Barrick Limited for explorations in Papua New Guinea; Lachlan Star Limited (ASX:LSA) announced the first JORC Resource estimate of 664,000 ounces of gold in Chile.

The Australian market opened flat on Tuesday, following mixed leads from offshore markets overnight. In early trade, the S&P/ASX200 index fell 0.1%, to 4433.8 points and the All Ordinaries index slipped 0.1%, to 4462.3 points.