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Press release from CNW Group

Completion of Share Purchase Plan

Wednesday, December 19, 2012

Completion of Share Purchase Plan08:59 EST Wednesday, December 19, 2012PERTH, Australia, Dec. 19, 2012 /CNW/ - Elemental Minerals Ltd (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce that it has today completed the share purchase plan announced on 23 November 2012 (the "SPP").Elemental has today issued 8,430,806 new fully paid ordinary shares at A$0.385 per share pursuant to the terms of the SPP.About Elemental MineralsElemental Minerals Limited is an advanced mining exploration and development company that aims to grow shareholder value through its 93%-owned Sintoukola Potash Project on the Republic of Congo coastline.  Elemental Minerals is dual listed on the Australian Stock Exchange and the Toronto Stock Exchange under the symbol ELM. For more information, visit www.elementalminerals.comSOURCE: Elemental Minerals LimitedFor further information: Iain Macpherson Chief Executive Officer Tel: +27 (0) 76 238 4461 iain.macpherson@elementalminerals.com Ilja Graulich Investor Relations Manager Tel: +27 (0) 83 604 0820 ilja.graulich@elementalminerals.com  Johannesburg Office: +27 11 469 9140 www.elementalminerals.com