Results of General Meeting

Nyota Minerals Limited ("Nyota" or the "Company")

RESULTS OF GENERAL MEETING

The Directors of Nyota Minerals Limited ('Nyota' or the 'Company') advise the following resolutions placed before shareholders at a General Meeting held at 10.00am (WST) on 7 March 2012 at the Company's office, Suite 2, 5 Ord Street, West Perth, Australia were approved as follows:

Ordinary Resolution 1 as set out in the Notice of Meeting to Issue shares to sophisticated and professional investors procured by Mirabaud Securities LLP and Oceans Equities Limited was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i. there were 103,533,593 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii. there were 4,829,578 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iiii. there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution;

Ordinary Resolution 2 as set out in the Notice of Meeting to Issue shares to sophisticated and professional investors procured by Patersons Securities Limited was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i. there were 108,363,171 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii. there were 4,829,578 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii. there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution;

Following this approval the directors have resolved to issue, upon clearance of funds, a total of 161,000,000 fully paid ordinary shares. Of these shares 147,720,000 are to be issued at an issue price of GBP0.06 to clients of Ocean Equities Limited and Mirabaud Securities Limited; while a further 14,280,000 are to be issued at A$0.089 to clients of Patersons Securities Limited to raise GBP9.66 million (A$14.3 million).

Application has been made to the London Stock Exchange for the shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the shares will commence at 8.00 a.m. on 8 March 2012.

To view the ASX Appendix 3B pertaining to this issue , paste the following link into your web browser: http://www.rns-pdf.londonstockexchange.com/rns/8500Y_-2012-3-7.pdf

For further information please contact:

Richard Chase (CEO)

Nyota Minerals Limited

+44 (0) 207400 5740

[email protected]

NOMAD

Jen Boorer/ Richard Morrison

Ambrian Partners Limited

+44 (0)20 7634 4709

BROKER

Guy Wilkes

Ocean Equities Limited

(+44) (0) 20 7786 4370

BROKER

Rory Scott

Mirabaud Securities LLP

+44 (0)20 7878 3360

FINANCIAL PR

Jos Simson / Paul Youens

Tavistock Communications

+44 (0) 20 7920 3150

Or visit: http://www.nyotaminerals.com 

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement