18/02/2003 - 21:00

Sales

18/02/2003 - 21:00

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Sales

Comet Resources Limited

11/2/03

Have granted an option to 2nd July 2003 in favour of Prosperity  Resources Limited to acquire Comet's Yalgoo tenements that are prospective for gold. Comet will retain a 100% interest in the Yalgoo base metal Project. Prosperity has paid a non-refundable $30,000 option fee to acquire the option. It is exercisable by Prosperity issuing to Comet 6,000,000 ordinary fully paid shares and 2,000,000 options  expiring on 31st May 2005.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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