SPP Documentation

6 March 2013

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

SPP DOCUMENTATION

Nyota Minerals Limited (ASX/AIM: NYO), the East African gold exploration and development company, advises that it has distributed to shareholders full details of the share purchase plan ("SPP") announced on 21 February 2013.

The SPP will enable eligible shareholders of the Company to subscribe for new Ordinary Shares at $0.03 (or £0.02), being the same price as the Placing announced on 21 February 2013, up to a maximum investment of $15,000 (or £0.02) per shareholder ('SPP Shares'). Subject to applicable securities laws, the SPP will be offered on similar terms to all eligible shareholders on a non-renounceable basis and will be limited to an aggregate total amount of 40 million shares.

An eligible shareholder is one who is recorded in the Company's register of members on 20 February 2013 whose registered address is in Australia, New Zealand and the United Kingdom or in any other jurisdiction where it is lawful and practical for the Company to offer shares to those holders.

Where the registered holder is a custodian that holds shares on behalf of a beneficiary, each beneficiary may benefit from the same entitlement subject to the custodian meeting certain disclosure and other requirements and the custodian extending the offer to its beneficiaries.

The SPP will close to applications on 2 April 2013. If applications for more than 40 million shares are received, the Company may in its absolute discretion, undertake a scaleback to the extent and in the manner it sees fit. However, the SPP will not be underwritten and any shortfall shares under the SPP will not be allotted or issued to other persons.

The issue of Shares pursuant to the SPP is subject to shareholder approval at the General Meeting that will be held on 4 April 2013. In the event that shareholder approval is not obtained, the Company may elect to issue the Shares pursuant to the SPP to the extent possible under ASX Listing Rules. Please refer to the notice of meeting documents for further details.

An explanation of the SPP document is available from a link on the homepage of the Company's website: www.nyotaminerals.com.

TO VIEW THE SPP DOCUMENT, PLEASE CLICK ON THE FOLLOWNIG WEB LINK:

 http://www.rns-pdf.londonstockexchange.com/rns/3585Z_-2013-3-6.pdf

For further information please contact:

Richard Chase (CEO) / Anthony Rowland (Business Development)

Nyota Minerals Limited

+44 (0) 20 7400 5740

info@nyotaminerals.com

NOMAD

Richard Morrison / Jen Boorer

RFC Ambrian Limited

+44 (0) 20 3440 6800

FINANCIAL PR

Hugo de Salis / Susie Geliher / Elisabeth Cowell

St Brides Media & Finance Ltd

+44 (0) 20 7236 1177

BROKER

Guy Wilkes

Ocean Equities Limited

+44 (0) 20 7786 4370

BROKER

Rory Scott

Mirabaud Securities LLP

+44 (0)20 7878 3360

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