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MACRO METALS LIMITED Capital/Financing Update 2007

Dec 20, 2007

65283_rns_2007-12-20_21863c93-388e-44bd-ab83-51970b27eb41.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT MASTER TOY & GAME LICENSE - UPDATE

On 30 November 2007 the Company (by announcement) foreshadowed a further detailed announcement in relation to the proposed acquisition of a Master Toy and Games License for a significant brand (covering the English speaking world).

The Agreement relating to this multi-category range of products through to 2011, is expected to be formally executed within the next few days. Thereafter further details will be provided to the market, following approval by the Licensor of the announcement.

ENDS

20 December 2007 For further information contact: Alex Aguero Managing Director Ph: (08) 9331 8441 [email protected]

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