AVIRA RESOURCES LTD — Capital/Financing Update 2013

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ASX Release

DATE: 21 - FEB - 2013 ASX Code: MGS

Contract Signed for First Shipment of Tin Concentrate

• Approximately 17 metric tonnes of Tin Concentrate ave. 65% tin to be shipped

Registry: Computershare Issued Shares: 288,157,040

• Estimated delivery date 27 February 2012

• Buyer is Taimetco, a Taiwanese metals buyer

Tin Price: US$23,725/t Gold Price: US$1,602/oz

The Board of MGT Resources Limited (MGT or Company) is pleased to announce that it has signed a contract to sell its first shipment of tin concentrate to its off-take partner Taimetco International Trade Co. Limited.

Approximately 17 metric tonnes of 65% tin concentrate will be shipped directly to a smelter in Asia.

The tin concentrate was processed at the company’s Mt Veteran processing plant at its Mount Garnet Project in far North Queensland from stockpiles at the plant left over from historical operations mined in the Mount Garnet area.

Managing Director Jonathan Back said,

“We are pleased to be selling our first shipment of product. Tin concentrate needs to meet stringent standards in order for a smelter to be prepared to accept it.

“This trial shipment shows that our product can be accepted and processed by a world class LME [London Metals Exchange] approved smelter.”

This shipment completes another milestone in MGT’s strategic objective to become a fully fledged tin producer with significant tin and gold exploration assets.

MGT

Resources Limited 2.05/68 York Street, Sydney, NSW 2000, Australia

For Investor Relations contact: Alexander Moody Company Secretary +61 2 9262 1122 [email protected]

T: 61 2 9262 1122 F: 61 2 9299 5175

www.mgt.net.au [email protected] ABN: 38 131 715 645

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