MATSA RESOURCES LIMITED — Capital/Financing Update 2005

Apr 14, 2005

MARKET RELEASE

15 April 2005

Kalgoorlie-Boulder Resources Limited

ADMISSION TO OFFICIAL LIST

Kalgoorlie-Boulder Resources Limited was admitted to the Official List of Australian Stock Exchange Limited on Friday, 15 April 2005.

Official Quotation of the following securities will commence at 12.30 pm E.S.T. (10.30 am W.S.T.) on Wednesday, 20 April 2005.

18,580,400

ordinary shares fully paid

Security Code: KAL

Brendan O'Hara Manager Companies

COMMENCEMENT OF OFFICIAL QUOTATION-KALGOORLIE-BOULDER RESOURCES LIMITED

Kalgoorlie-Boulder Resources Limited (the "Company") was admitted to the official list of the Australian Stock Exchange Limited on Friday, 15 April 2005.

Official quotation of the Company's securities will commence on Wednesday, 20 April 2005.

Quoted Securities:	18,580,400 fully paid ordinary shares
ASX Code:	KAL
Time:	12.30 PM E.S.T. (10.30 AM W.S.T.)
Date:	20 April 2005
SEAT Abbreviation:	KALBOULDER
ISIN:	AU000000KAL9
Home Branch:	Perth
Industry Classification:	Metals & Mining
Registered Office:	Level 2, 45 Ventnor Avenue WEST PERTH WA 6005
	Phone: (08) 9429 8842 Facsimile: (08) 9429 8800 Web address: www.kalgoorlieboulderres.com.au
Company Secretary:	John Coles
Share Registry:	Advanced Share Registry Services Level 7, 200 St Georges Terrace PERTH WA 6000
	Phone: (08) 9221 7288 Facsimile: (08) 9221 7869

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Corporate Advisor to the issue:	Delta Securities Level 17, Exchange Plaza 2 The Esplanade PERTH WA 6000
Balance Date:	30 June
CHESS:	Participating. The Company will also operate an issuer sponsored subregister.
State of Incorporation:	Western Australia
Dividend Policy.	None
Activities :	Gold exploration
ASX restricted securities:	11,815,044 ordinary shares fully paid classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.
	1,710,000 ordinary shares fully paid issued on 18 February 2005 classified by ASX as restricted securities and to be held in escrow for a period of 12 months from the date of issue.
	775,000 ordinary shares fully paid issued on 11 April 2005 classified by ASX as restricted securities and to be held in escrow for a period of 12 months from the date of issue.
	5,000,000 options exercisable at \$0.20 on or before 31 July 2008 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.
	6,000,000 options exercisable at \$0.30 on or before 31 July 2008 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

ASX Contact:	Nicholas Ong
Business Unit	Companies Perth
Ext.No:	6017
Date:	15 April 2005