NICKEL Australia

Croesus Mining ceased to be a substantial shareholder

Advise that the escrow period for 15,980,000 ordinary shares and 8,250,000 options will expire on 16 December 2005.

Nickel Australia Ltd 1-Aug-05 Has signed a Letter of Agreement to enter into a strategic alliance and exploration joint venture with Geoinformatics Exploration Inc.

Escrow period for 8,820,000 ordinary shares expires on October 20.

Nickel Australia Limited - 24-Jun-04

NICKEL Australia has entered into a joint venture with private company Montague Resources to exploit the Bounty Project in Western Australia's Forrestania Greenstone Belt.

Croesus Mining NL - 06-Oct-03 Proposes to divest its nickel assets via a new company, Nickel Australia Ltd (NAL).