11/01/2005 - 21:00

January 10 - Murchison Metals Limited

11/01/2005 - 21:00

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January 10 - Murchison Metals Limited

January 10 - Murchison Metals Limited

Proposed code: MMX

Issue price: $0.20 plus one attaching option for every two shares held. Options exercisable at 20 cents on or before November 30 2007.

Principal activities: Mining and development of an iron ore deposit and other minerals located in Western Australia.

Corporate: Robert Vagnoni (chairman/managing director); Paul Kopejtka (technical director); and Ross Lorking (director/company secretary).

www.mml.net.au

(08) 9481 3866

Murchison plans to raise $5.5 million from its share and attaching option offer to fund its mining activities in WA.

Underwriter: Martin Place Securities

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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