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Private Placement

Abelle Ltd

26/02/03

Subject to approvals, Abelle Ltd has reached agreement to place 35 million shares (18%) at A$0.75 per share to a wholly owned subsidiary of Harmony Gold Mining Company Ltd to raise $26,250,000.

Gallery Gold Ltd

25/02/03

Has reached in principle agreement to place 25.4 million new shares at $0.26 per share to raise A$6.6 million.  The placement, which represents 15% of the Companys capital, has been fully subscribed by major shareholders Lion Selection Group Ltd, African Lion Ltd and Resolute Mining Ltd and other institutional investors.

Western Areas NL

28/02/03

Has placed 5,000,000 ordinary fully paid shares to sophisticated investors at an issue price of $0.31 per share to raise $1,550,000.

 

 

 

 

Above information supplied by:

email:

spiwatch1@optusnet.com.au

 

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