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HIGH PEAK ROYALTIES LIMITED Capital/Financing Update 2007

Mar 27, 2007

65070_rns_2007-03-27_cebc2291-31ab-475c-80cb-9f91ce361dbf.pdf

Capital/Financing Update

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MARKET RELEASE

28 March 2007

Torrens Energy Limited

ADMISSION TO OFFICIAL LIST

Torrens Energy Limited was admitted to the Official List of ASX Limited on Wednesday, 28 March 2007

Official Quotation of the following securities will commence at 12:30 pm E.S.T. (10:30 am WST) on Friday, 30 March 2007.

34,860,000 16,687,500

$\overline{\phantom{a}}$

ordinary shares fully paid issued at \$0.20 options exercisable at \$0.25 on or before 31 March 2010

Security Code:

TEY . TEYO

Matthew Foy Adviser, Issuers (Perth)