UXA RESOURCES LTD 
By
2 November 2012
The Manager
Company Announcements Office
Australian Securities Exchange
20 Bridge Street
SYDNEY NSW 2000
UXA Resources Limited (ASX:UXA) ("Company") advises that it
has reached a commercial agreement with the Australian
Special Opportunity Fund LP (ASOF) to extend the timeframe
for UXA to :
• lodge its full year accounts for the year ended 30 June
2012 and the suspension from trading on ASX is removed;
and
• enter into an agreement or agreements with investors to
secure funding to meet its ongoing funding requirements on
terms and with counterparties satisfactory to ASOF (in ASOF's
absolute and unfettered discretion),
to 3 December 2012 (Extended Deadline) (refer to ASX
announcement 15 October 2012).
In return for ASOF agreeing to the Extended Deadline, UXA has
agreed to pay ASOF $100,000 payable in two equal tranches on
28 November and 19 December respectively. Until paid, the
$100,000 increases the amount outstanding under the Company's
institutional funding agreement with ASOF (refer to ASX
announcement 13 April 2012).
As announced previously, the Company is undertaking a number
of capital raising initiatives, including the sale of assets
to fund working capital and reduce or eliminate entirely the
Company's debt. The directors remain confident that UXA will
be able to raise additional funds in the foreseeable
future.
The Company is working with a number of parties to ensure it
lodges its annual accounts and end the trading suspension as
soon as possible.
The Company will provide a further update to the market as
soon as it is in a position to do so. On behalf of the
Board
Graham Seppelt Company Secretary Ph: 0419 035 297
43a Fullarton Road Kent Town
SA 5067 Australia T: +61 8 8363 7970 F: +61 8 8363 7963 E:
info@uxa.com.au W: www.uxa.com.au
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