13/12/2005 - 21:00

Precious Metals Australia Ltd 8-Dec-05

13/12/2005 - 21:00

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Has today made a placement of 9,680,000 ordinary shares at a price of $1.44 to institutional and sophisticated investor clients of Mirabaud Securities Limited, a London based stockbroker, for a fee of 2.75% of the amount raised (approx $14m).

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