Further to yesterday's announcement regarding the formation of a strategic
alliance with Great Basin Gold Limited ("Great Basin") through the placing with
Great Basin of 10 million new ordinary shares, the Company reports that
application has been made for these shares to be admitted to trading on AIM.
Such admission is expected to commence at 8.00 am on Friday 29th December 2006.
These shares will rank pari passu in all respects with the existing shares in
issue.
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