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News Update as of 30th June 2010 on Announcement of NAV as at 30 June 2010

Overview

Altus Resource Capital Limited (LSE:ARCL) (the "Company") is a Guernsey registered, closed-ended investment company which is listed on the Specialist Fund Market of the London Stock Exchange and on the Channel Islands Stock Exchange.

Announcement of NAV as at 30 June 2010

The Company is pleased to announce that the unaudited net asset value per share over the period from launch on 30 June 2009 to 30 June 2010 has risen 41.3% to 134.28p amounting to a net asset value of £49,683,230.

Investment Objectives and Policy


The Company's objective is to realise capital growth from a concentrated portfolio of junior resource equities and to generate a significant capital return to shareholders.

The Company invests in companies engaged in the exploration, development and/or mining of metals and minerals with a focus on companies that operate in the gold sector. Portfolio companies will be predominantly, but not exclusively, listed or quoted on either UK markets or other recognised stock exchanges including the Canadian and Australian markets.

Investor Information

The latest available information on the Company can be accessed via www.altrescap.com

For further information please contact Placing Agent: Marc Gordon or Richard Bolchover

Administrative Enquiries:                Shareholder Enquiries:
Anson Fund Managers Limited         Nimrod Capital LLP
Tel: +44(0)1481 722260                 Tel: +44(0)20 3355 6855

Altus Resource Capital Disclaimer

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