02/11/2004 - 21:00

Straits Resources Ltd - 25-Oct-04

02/11/2004 - 21:00

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Straits Resources Ltd - 25-Oct-04

Has agreed to take up 1,500,000 shares in Malachite Resources NL  placement at 14 cents increasing its stake in the Company from 4.54% to 7.45%.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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