510A Hay Street,

Subiaco WA 6008

PO Box 2030, Subiaco

WA 6904

P: +61 8 9381 2488 F: +61 8 9388 3117 admin@azimuthresources.com.au

www.azimuthresources.com.au

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

9 July 2013

CHANGE TO SECURITIES - CANCELLATION OF UNLISTED OPTIONS

PERTH, WESTERN AUSTRALIA: Azimuth Resources Limited (ASX and TSX: AZH) (the "Company" or "Azimuth") hereby advises that following the issue of shares and/or unlisted options by Troy Resources Limited as consideration for the unlisted options of Azimuth in accordance with an Options Exchange Deed entered into with each Azimuth Optionholder, the Company has today cancelled all outstanding unlisted options.
The issued capital of the Company following the cancellation of these options is as follows:

Listed Securities

Ordinary fully Paid Shares 430,626,680

Unlisted Securities

Convertible notes maturing 28 March 2014 10,184,110
ENDS
For more information contact: Josh Ward
Company Secretary / Financial Controller
Tel: +61 8 9381 2488 jward@azimuthresources.com.au

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