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Mon 4 Oct 2010, 12:25 FSE - Firestone Energy Limited - Offer to Major Shareholder withdrawal of
FSE
FSE                                                                             
FSE - Firestone Energy Limited - Offer to Major Shareholder, withdrawal of      
cautionary and lifting of trade halt                                            
FIRESTONE ENERGY LIMITED                                                        
(formerly: Centralian Minerals Limited)                                         
(Incorporated in Australia)                                                     
(Registration number ABN 058 436 794)                                           
Share code on the JSE Limited: FSE                                              
Share code on the ASX: FSE                                                      
ISIN: AU000000FSE6                                                              
(SA company registration number 2008/023973/10)                                 
("FSE" or "the Company")                                                        
Offer to Major Shareholder, withdrawal of cautionary and lifting of trade       
halt                                                                            
Offer to major shareholder                                                      
Firestone Energy Limited has been informed by a major shareholder that they     
were in receipt of a written offer by a third party to acquire a significant    
portion of their shareholding in the Company. Firestone was also informed       
that this offer has since been rejected by the major shareholder.               
Further information can be obtained by contacting the persons below on +61      
(08) 9381-2755.                                                                 
John Dreyer         Jerry Monzu Chairman          Company Secretary             
www.firestoneenergy.com.au                                                      
Withdrawal of cautionary and lifting of trade halt                              
With reference to the cautionary announcement and trading halt published on     
SENS on 01 October 2010 shareholders are advised that trading will resume in    
the securities of the Company at the commencement of trade on 5th October       
2010 and Shareholders are advised that the contents referred to in the          
cautionary announcement have ceased to have any relevance or effect on the      
company, caution is no longer required to be exercised by shareholders when     
dealing in their securities.                                                    
About Firestone Energy                                                          
Firestone Energy is an independent Australian exploration company focused on    
developing coal projects in South Africa. The company is currently exploring    
the richly endowed Waterberg coal field in Limpopo Province of South Africa.    
The Company is committed to value-added growth through becoming an              
independent coal and energy produces at its projects in South Africa.           
The Company has entered into three joint ventures with Sekoko Resources, a      
South African black empowerment company (BEE) and Sekoko has two directors on   
the Board of Firestone Energy.                                                  
Corporate Details                                                               
ASX: FSE                                                                        
Issued Capital:                                                                 
2,331 million ordinary shares                                                   
Major Sharholders:                                                              
Sekoko Resources (Pty) Ltd                                                      
Colbern Fiduciary Nominees Ltd                                                  
Bell Potter Nominees Ltd                                                        
Directors and Officers:                                                         
John Dreyer (Chairman)                                                          
Timothy Tebeila (Deputy Chairman)                                               
Colin McIntyre                                                                  
John Wallington                                                                 
Company Secretary                                                               
Jerry Monzu                                                                     
Contact:                                                                        
Level1, 63 Hay Street Subiaco, Western Australia 6008                           
Tel: +61 (0)8 9381 2755                                                         
Web: www.firestoneenergy.com.au                                                 
Pretoria                                                                        
04 October 2010                                                                 
Sponsor and Corporate Advisor                                                   
River Group                                                                     
Date: 04/10/2010 12:25:01 Produced by the JSE SENS Department.                  
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