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INOVIQ LTD Capital/Financing Update 2008

Sep 7, 2008

65112_rns_2008-09-07_31c3d9df-3d28-444b-9e8b-50c41f4a1c32.pdf

Capital/Financing Update

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ASX Symbol "EUG"

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EUROGOLD

L I M I T E D

(ACN 009 070 384)

8 September 2008

ALLOTMENT OF SHARES AND DESPATCH OF SHAREHOLDER STATEMENT

Following completion of the fully underwritten non-renounceable rights issue at $0.03 per share to eligible shareholders which closed on 1 September 2008, Eurogold Limited (“Eurogold”) has today allotted 315,677,051 shares to the Underwriters and a Shareholder Statement has been despatched.

This now completes the rights issue.

Peter Gunzburg Executive Chairman