E-COM MULTI LIMITED(ECE)

name changed to Rico Resources Limited

advise that it has successfully raised more than the minimum amount required under its Prospectus and has closed the Prospectus as of 5.00PM WST Tuesday 15 February, 2011. The offer was oversubscribed beyond the minimum $40M and approximately $42.2M in cleared funds have been received - re-quotation of its securities will occur within a few days

the Directors have resolved to extend the Closing Date under the Company's prospectus dated 28 January 2011 (Prospectus) to 5pm WST on Tuesday, 15 February 2011

on Friday, 11 February 2011, the Company exercised the option to acquire the Wonmunna and Uaroo iron ore projects from Talisman Mining Limited (Talisman Option) for a consideration of: (a) cash of $34.25 million (of which $2 million has been received in the form of a non-refundable option fee); (b) 35.5 million shares in the Company (on a post-consolidation basis) valued at $7.1 million; and (c) a 1% gross royalty. Settlement in respect of the Talisman Option is expected to occur during the week beginning 14 February 2011 and is subject to the successful completion of the capital raising under the Prospectus (as defined below). Further details of this transaction are available in the announcements made by the Company to ASX dated 2 October 2010 and 15 November 2010

the name of the Company has now officially changed to Rico Resources Limited (formerly E-Com Multi Limited) following the receipt of the Certificate of Change of Name from ASIC and it is expected that the new ASX code upon re-quotation of the Company's securities will be "RRI"

Evolution Master Fund buys 55.3m Rico Resources (formerly E-Com Multi Ltd) shares

the securities of E-com Multi Limited (the "Company") will be suspended from quotation immediately, following shareholders' approval under Listing Rule 11.1.3 to change the Company's activities. The Company's securities will remain suspended pending its compliance with Chapters 1 and 2 of the Listing Rules

the suspension of trading in the securities of E-Com Multi Limited (the "Company") will be lifted today, following compliance by the Company with Chapter 12 of the listing rules

releases its quarterly cash report to 31 March 2008 showing a deficit at operating level for the quarter of $13k and no cash remaining

company advises they have been able to retire debts of approximately $495,000 by the issue of securities - the Board believes it will be easier now to seek re-quotation of the Company's securities as the Company's Balance Sheet is less burdened with debt and a lower amount of funds will need to be raised to satisfy the re-quotation requirements

cash flow for the quarter ended 31 December 2007 reflects a surplus at operating level of $11k and zero cash on hand

company advises that all of the resolutions put to the annual general meeting of shareholders held today were passed on a show of hands

cash flow for the quarter ended 30 September 2007 reflects a deficit at operating level of $18k and zero cash on hand

releases annual report and gives notice of Annual General Meeting to be held at 15 Whiting Street, Artarmon, NSW, at 2.30 PM on Friday 30 November 2007

releases full year statutory accounts

the company lodges its Preliminary Final Report

cash flow for the quarter ended 31 March 2007 reflects a deficit at operating level of $1k

releases its Half Yearly Report & Half Year Accounts

cash flow for the quarter ended 30 December 2006 reflects a deficit at operating level of $4k

the five resolutions put to shareholders today at the AGM were passed on a show of hands

gives Notice that the Annual General Meeting is to be held at 15 Whiting Street, Artarmon, NSW, at 9.30 AM on Monday 13 November 2006

releases Preliminary Final Report & 2006 Annual Report

lodges cash flow report for the quarter to 31 March 2006 - it shows a surplus (at operating level) for the three months of $2k

company lodges half yearly report and accounts to 31 December 2005

the company advises it is a little further progressed towards the requotation of its shares and is hopeful this may be achieved before 30 June

lodges cash flow report for the quarter to 31 December 2005 - it shows a surplus (at operating level) for the three months of $2k

company advises the results of the voting on the resolutions put to the Annual General Meeting of shareholders today - all resolutions were passed on a show of hands

company releases an amended Notice of Annual General Meeting which includes a Resolution for the adoption of the Remuneration Report included in the 2005 Annual Report, which was inadvertently omitted from the original Notice

provides notice that the Annual General Meeting will be held at Ground Floor, 100 Walker Street, North Sydney, NSW, on Wednesday 30 November 2005 at 3.40PM - to consider resolutions that include the future placement of securities and the issue of shares to directors or their associates

lodges cash flow report for the quarter to 30 September 2005 - it shows a deficit (at operating level) for the three months of $16k

lodges 2005 annual report

lodges preliminary final report

directors are keeping the company alive and exploring opportunities to utilise the company shell - this may eventually lead to a re-listing of the company

quarterly report to 30 June 2005 reflects cash outflows of only $2k

quarterly report to 31 March 2005 reflects cash outflows of $50k financed by borrowings

lodges Half Yearly Report reflecting losses and an excess of liabilities over assets

company's liabilities exceed its assets and it is no longer operating

shares suspended from quotation

name changed from Stirling Resources NL