Directors’ Interests

Shannon Resources Ltd executive chairman Frank Carr has acquired an extra five million shares in the company, taking his total stake to 15 million shares. Mr Carr acquired the shares by exercising share options at 20 cents per share, below the current market price of 93 cents per share. Western Metals Ltd directors Geoff Chapman, George Bauk and Peter Smith have increased their interest in the company by exercising share options at 2.5 cents per share, compared with a prevailing share price of 42 cents.

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