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DREADNOUGHT RESOURCES LTD Capital/Financing Update 2007

Oct 8, 2007

64785_rns_2007-10-08_a13798ff-44d7-41fb-836a-31cdf4b299ff.pdf

Capital/Financing Update

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9 October 2007

The Manager ASX Limited Company Announcements

Dear Sir / Madam,

RELEASE OF RESTRICTED SECURITIES

Pursuant to ASX Listing Rule 3.10A, Eromanga Uranium Limited advises that the following Restricted Securities are due to be released from escrow and at the expiry of ten business days from the date of this announcement, the Company will apply to ASX for official quotation of these securities.

These securities are held by the company’s initial investors and have been held in escrow for the past 12 months.

Restricted Securities Affected

Restricted Securities Affected Restricted Securities Affected
Number Details of Security
80,000 Ordinary fully paid shares

Yours Sincerely,

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Richard W C Willson Company Secretary

62 Beulah Road PO Box 3126 Norwood Norwood South Australia South Australia 5067 5067

telephone 61 8 8132 7970 facsimile 61 8 8132 7999 email [email protected] www.eromangauranium.com

Eromanga Uranium Ltd ACN 119 031 864