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Acquisitions

Anglo Australian Resources NL

5/03/03

Acquires 100% of a full size exploration licence and 5 prospecting licences totaling 220 sq km in the Dalgaranga and Warda Warda greenstone belts 45km west northwest of Mt Magnet

Ellendale Resources NL

5/03/03

Has issued 1,000,000 fully paid ordinary shares to Pentry Pty Ltd, to acquire the remaining 49% of the Nookanbah tenements, 80 kilometres south of the Ellendale diamond field.

iiNet Ltd

4/03/03

Conditions for acquisition of Local Telecom and Internet Ltd's 15,000 ISP customer base have been satisfied.

WestMag Limited

10/03/03

Acquires the Patagonia gold-silver project in southern Chile. The company holds a 100% interest in the property, which comprises 78 exploration concessions covering an area of 208 square kilometres.

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