May 3 - Bannerman Resources

Issue price: $0.20 Principal activities: Nickel exploration. Corporate: Shane Sadleir (managing director); Michael Young (non-executive director); Stephen Brockhurst (non-executive director). (08) 9381 1436 The company hopes to raise $2.1 million in order to advance its Pinnacle nickel project, which is approximately 130km north east of Kalgoorlie. The offer is not underwritten.

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