To be advised - Drake Resources Limited

Tuesday, 29 March, 2005 - 22:00
Proposed code: DRK Issue price: $0.20 Principal activities: Gold and silver exploration. Corporate: Brett Fraser (non-executive chairman); Bob Beeson (managing director); and Jay Stephenson (non-executive director and company secretary). www.drakeresources.com.au (08) 9228 0703 Drake plans to raise $3 million for a 20 cent a share offer due to close on February 18. The offer is not underwritten.