Niagara Mining

Subiaco-based Poseidon Nickel Ltd, currently listed as Niagara Mining Ltd, has purchased Nedlands-based Dynasty Metals Ltd's Laverton Nickel Project through a scrip issue of $400,000.

SHARES in Subiaco-based Niagara Mining Ltd have steadied around $1.45 each this week after a surge last week, which prompted an Australian Stock Exchange share price query.

Subiaco-based Niagara Mining Ltd has responded to an Australian Stock Exchange share price query, saying the announcement of positive drilling results on Monday did not compromise its confidentiality obligations, despite knowing about them a month before.

Subaico-based Niagara Mining Ltd has announced the appointment of Andrew Forrest as non-executive chairman and a share consolidation as part of a company reorganisation it says will help it become a strong industrial nickel producer.

Advise that 13,000,000 ordinary fully paid shares are to be released from voluntary escrow on the 9th December 2006.

Niagara has agreed to the place up to 25,000,000 ordinary shares to U.S. institutional investors and Australian institutions, sophisticated and professional investors:

Lodged response to ASX query.

Niagara Mining Ltd 4/3/04National Australia Bank Ltd Group ceased to be a substantial shareholder.

Niagara Mining Ltd 01-Mar-04 Lodged response to ASX query.