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Wed 11 May 2011, 8:37 FSE - Firestone Energy Limited - Firestone share purchase plan
FSE
FSE                                                                             
FSE - Firestone Energy Limited - Firestone share purchase plan                  
FIRESTONE ENERGY LIMITED                                                        
(Registration number: ABN 058 436 794)                                          
(SA company registration number: 200/023973/10                                  
Share code on the JSE: FSE                                                      
Share code on the ASX: FSE                                                      
ISIN: AU000000FSE6                                                              
("FSE" or "the Company")                                                        
FIRESTONE SHARE PURCHASE PLAN ("SPP")                                           
Firestone Energy Limited (ASX/JSE:FSE - "Firestone") is pleased to announce that
the documentation relating to the SPP proposed on 2 May 2011 has been posted to 
non SA shareholders today and will be posted to South African Shareholders on   
Friday, 11 May 2011.                                                            
South African shareholders should note that the South African timetable will    
differ and they will not receive their acceptance documentation relating to the 
SPP at this stage until such time as FSE has all regulatory approval to extend  
the SPP to South African shareholders including SARB and JSE approvals.         
If approved the SA shareholders will receive ther offer acceptance documentation
in due course and be allowed sufficient time to decide as to whether they would 
like to follow their rights or not and as such the SA SPP will run on a         
different timetable.                                                            
Shareholders are directed to the FSE website at www.firestoneenergy.com.au and  
the ASX website for electronic versions of the documentation posted to non- SA  
shareholders today, which documentation they will be receiving in due course.   
ABOUT FIRESTONE ENERGY                                                          
Firestone Energy Limited is an independent Australian exploration company       
focused on developing coal projects in South Africa. The Company is currently   
exploring the richly endowed Waterberg coalfield in the Limpopo Province of     
South Africa.                                                                   
The Company is committed to value-added growth through becoming an independent  
coal and energy producer 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                                                                        
JSE: FSE                                                                        
Issued Capital:                                                                 
2,627 million ordinary shares                                                   
Major Shareholders:                                                             
Sekoko Resources (Pty) Ltd                                                      
Colbern Fiduciary Nominees Ltd                                                  
Bell Potter Nominees Ltd                                                        
Directors and Officers:                                                         
Non Executive Directors:                                                        
David Perkins (Chairman)                                                        
Sizwe Nkosi                                                                     
Colin McIntyre                                                                  
Pius Kasolo                                                                     
Peter Tshisevhe                                                                 
Company Secretary                                                               
Jerry Monzu                                                                     
Contact:                                                                        
Unit B9, 431 Roberts Road                                                       
Subiaco, Western Australia 6008                                                 
Tel: +61 (0)8  9287 4600                                                        
Web: www.firestoneenergy.com.au                                                 
For further information please contact:                                         
Jerry Monzu                                                                     
Company Secretary                                                               
Tel: +61 8 9287 4600                                                            
www.firestoneenergy.com.au                                                      
Pretoria                                                                        
11 May 2011                                                                     
Sponsor                                                                         
River Group                                                                     
If you have any enquiries in relation to this announcement, please contact the  
Company Secretary on +61 (0)8 9287 4600.                                        
Jerry Monzu                                                                     
Company Secretary                                                               
www.firestoneenergy.com.au                                                      
Date: 11/05/2011 08:37:01 Produced by the JSE SENS Department.                  
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