01/03/2005 - 21:00

Mount Gibson Iron Ore Ltd - 23-Feb-05

01/03/2005 - 21:00

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Has purchased 9,000,000 shares in Asia Iron Holdings Ltd for $2.475m. The price will be satisfied by the issue of 4.95 million shares at $0.50 to the vendors.

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STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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