Sandfire Resources NL, 21-Feb-06,

3,000,000 Options exercisable at 25 cents each or before 31 December 2008 will become unrestricted with effect 4 March 2006,

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6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
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