Issue of Equity

12 April 2013

Herencia Resources plc

Issue of Equity

The Company confirms that in pursuant with the Equity Drawdown Agreement with The Australian Special Opportunity Fund, a New York-based institutional investor managed by The Lind Partners (together, "Lind") as announced on 11 March 2013, the prepayment for the first tranche of ordinary shares of $0.45million will be satisfied by the issue of 36,923,986 ordinary shares in the Company, at a price of 0.80p ("Tranche Shares").

Application has been made to admit the Tranche Shares to trading on AIM, and it is anticipated that dealings in the Execution Shares will commence on 18 April 2013.

Following the issue of the Tranche, the total number of shares in issue is 1,735,794,356. There are no shares held in treasury. Therefore, the total number of voting rights in the Company is 1,735,794,356. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest under the Disclosure and Transparency Rules.

For further information, please contact:

Graeme Sloan, Herencia Resources plc +61 8 9481 4204

Katy Mitchell, WH Ireland Limited +44 161 832 2174

Simon Courtenay/Abigail Genis, Broker Profile +44 207 448 3244

Further background details on the Company can be found at www.herenciaresources.com

**ENDS**