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GREENVALE ENERGY LTD Capital/Financing Update 2007

Feb 1, 2007

65015_rns_2007-02-01_eb964369-7fcc-46f2-aa7b-fa05743529e1.pdf

Capital/Financing Update

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GREENVALE MINING N.L.

ACN 000 743 555

ABN 54 000 743 555

$\begin{array}{lcl} \text{ Suite 305 (3^{rd}\, Floor), Angela House, 30-36 Bay Street} \ \text{DOUBLE BAY_NSW_2028_AUSTRALIA} \end{array}$ ALL CORRESPONDENCE TO: P.O Box 366, DOUBLE BAY NSW 1360 AUSTRALIA

ASSOCIATED COMPANIES MINGA PTY LIMITED TEXAS ENERGY CORPORATION N.L. AUSTRAL PACIFIC ENERGY AND RESOURCES CORPORATION (USA)

Tel: (612) 9327 2553 Fax: $(61\ 2)$ 9327 2028 [email protected] e-mail

ANNOUNCEMENT Amended Timetable

Due to errors by the Share Registry in the production of incorrect Entitlement and Acceptance forms to certain shareholders, the Board had decided to allow extra time. The new Time Table is:

TIMETABLE AND IMPORTANT DATES

Rights trading ends on the ASX	13 February 2007
Deferred settlement trading commences	14 February 2007
Closing Date: last date for acceptance and full payment	20 February 2007
Allotment date	$28$ February $200$ /
Holder Statements dispatched	28 February 2007
Normal trading of Options expected to commence	II March 2007