Great Australian plans to raise $3.5 million

Tuesday, 9 March, 2004 - 21:00

Great Australian plans to raise $3.5 million from a 20 cents a share offer due to close on February 18. The offer is not underwritten.

Hibernia Gold Limited

Proposed code: HIB

Issue price: $0.20

Principal activities: Gold exploration

Corporate: Andrew Forrest (director); Dr Derek Fisher (director); Malcolm James (director); Christopher Linegar (director); and Timothy Flavel (company secretary).

www.hiberniagold.com

(08) 9389 8499

Hibernia hopes to raise $1.4 million from a 20 cent a share offer that is due to close on February 20. The offer is not underwritten.