CYCLIQ GROUP LTD — Share Issue/Capital Change 2009

Apr 28, 2009

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----- Start of picture text ----- ACN 119 749 647----- End of picture text -----

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29 April 2009

Companies Announcement Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

NON-RENOUNCEABLE ENTITLEMENT ISSUE – ALLOTMENT OF SHARES

Modena Resources Ltd (“Company”) advises that it has today allotted and issued a total of 1,626,791 fully paid ordinary shares (“Shares”) at 7 cents per Share pursuant to the non-renounceable entitlement Issue announcement on 20 March 2009.

As previously advised the shortfall of 83,580,263 Shares offered pursuant to the Offer Document dated 3 April 2009 may be placed at the discretion of the directors within the period of 3 months of the close of the offer.

The issued capital of the Company following the allotment is as follows:

	QuotedOrdinary fully paid shares86,786,345	QuotedOrdinary fully paid shares86,786,345	QuotedOrdinary fully paid shares86,786,345	QuotedOrdinary fully paid shares86,786,345	QuotedOrdinary fully paid shares86,786,345	QuotedOrdinary fully paid shares86,786,345
	Options expir	ing 30 June 2010 exercisable at $0.2068,428,622
	UnquotedOrdinar full	aid shares				47500
	yCtibl	pt F	l $457105	tibl		,
	onverelesser of $0.	oes (ace va35 or 85% of 5	ue - ,day weighted	) convere aaverage marke	t
	price on or b	efore 31/01/20101,306,014
	Convertible notes (Face value - $605000) convertible at
	lesser of $0.price on or b	,45 or 85% of 5 day weighted average market
		efore 28/02/201	0			1,344,444
	Convertible n	otes (Face val	ue - $1,220,000	) convertible a	t
	lesser of $0.price on or b	5 or 85% of 5efore 30/09/201	day weighted0	average marke		3485714
	Convertible n	otes (Face val	ue - $250000	) convertible a	t	,,
	,,lesser of $0.25 or 80% of 30 day weighted average marketprice on or before 29/01/201010,000,000

Suite B 150 Hay Street Subiaco Western Australia 6008 Phone 08 9388 8439 Fax 08 9388 8450

ACN 119 749 647

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The 20 largest holders of Shares and the percentage held by each are as follows:

	Name	No. of Shares	%
1	Life Therapeutics Limited	10,000,000	11.52
2	AzurCapitalGroupLimited	6,010,000	6.92
3	Ilanda Associates Limited	6,010,000	6.92
4	AlimoldPtyLtd	6,000,000	6.91
5	ETR Nominees Pty Ltd <Asandas A/C>	3,750,000	4.32
6	AlimoldPtyLtd	3,467,111	3.99
7	Highland Timbers Pty Ltd	3,010,000	3.47
8	Ilanda Associates Pty Ltd	2,863,357	3.30
9	Renford ConsultantsLimited	2,000,000	2.30
10	Lawnbet Pty Limited <Fmd Super Fund A/C>	1,865,700	2.15
11	Bell Potter NomineesLtd <BB NomineesA/C>	1,793,671	2.07
12	Mr Nicholas Barham	1,304,121	1.50
13	Everyoung International Holdings Limited	1,000,000	1.15
14	Palla Nominees Pty Ltd	1,000,000	1.15
15	Dr Mohammad Reza Samvat <Samvat Family A/C>	969,000	1.12
16	FodemoPtyLimited	935,000	1.08
17	Mr Thomas Booth <Cedrus Libani Super Fund A/C>	933,334	1.07
18	TycheInvestmentsPtyLtd	730,730	0.84
19	Rossgate Pty Ltd <Ross S/F A/C>	675,000	0.78
20	Mrs Rebecca Ann Price <The Wandering Moth A/C>	658,000	0.76

Secondary Trading Exemption

The Company gives this notice pursuant to section 708A(5)(e) of the Corporations Act .

The Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act in reliance on section 708A(5).

The Company as at the date of this notice has complied with:

• (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• (b) section 674 of the Corporations Act .

As at the date of this notice, there is no excluded information for the purposes of section 708A(7) and (8) of the Corporations Act .

C Willis Director

Suite B 150 Hay Street Subiaco Western Australia 6008 Phone 08 9388 8439 Fax 08 9388 8450