PRODIGY GOLD NL — Capital/Financing Update 2008

Oct 14, 2008

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14 October 2008

ASX: ABU

Company Announcements Officer Australian Stock Exchange Limited Level 4, 20 Bridge Street Exchange Centre Sydney, NSW 2000

Dear Sirs

BROADS DAM TENEMENTS GRANTED

The Directors of ABM Resources NL advise that its Farm in Heads of Agreement partner, Australian Gold Investments Limited (ASX: AGV) have made an announcement in relation to the granting of tenements at Broads Dam. ABM is pleased to advise that it has the right to earn an interest of up to 40% in tenement numbers P16/2386, P16/2387 and P16/2388. The AGV announcement is attached to this letter.

Yours faithfully,

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Jutta Zimmermann Company Secretary

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AUU SS TT RR AA LL II AA NN GOO LL DD INN VV EE SS TT MM EE NN TT SS LII MM II TT EE DD

ABN 18 124 873 507

34/50 Bridge Street, Sydney NSW 2000 Telephone: +61 2 8216 0777 PO Box 114 Bondi, NSW 2026 Facsimile: +61 2 8216 0788 Email: info@agil.com.au Web: www.agil.com.au

13 October 2008

Broads Dam Tenements Granted

The Board of Australian Gold Investments Limited (ASX: AGV) is pleased to advise its shareholders that its Broads Dam Gold Project tenements have been granted.

The list is:

Broads Dam P16/ 2375 Broads Dam P16/ 2376 Broads Dam P16/ 2377 Broads Dam P16/ 2378 Broads Dam P16/ 2379 Broads Dam P16/ 2380 Broads Dam P16/ 2381 Broads Dam P16/ 2382 Broads Dam P16/ 2383 Broads Dam P16/ 2384 Broads Dam P16/ 2385 Broads Dam P16/ 2386 Broads Dam P16/ 2387 Broads Dam P16/ 2388

The Project (see figures 1 and 2) covers approximately 3,000 hectares of the highly prospective Zuleika Shear Zone, located in the Eastern Goldfields Province of the Yilgarn Craton, Western Australia, approximately 40km north-west of Kalgoorlie.

As announced earlier this year, our Company successfully entered into a farm in heads of agreement (Farm-in HOA) with the ASX listed ABM Resources NL (ASX: ABU). The Farm-in HOA covers the exploration and development of 3 Prospecting Licences (PL’s 16/2386 – 16/2388) which are all located within the Broads Dam project.

Under the Farm-in HOA, ABU has a right to earn up to a 40% joint venture interest in the 3 Prospecting Licences by spending up to $1.9 million in four stages.

In June 2008, our geologists undertook a field-based review of the Broads Dam tenements examining sites of previous drilling and costeaning, and to determine the current access status to all parts of the tenement package.

Geological assessment of previously mined gold deposits in the vicinity of our Company’s tenements was also carried out to examine the dominant structural and lithological controls on gold mineralisation, to better inform future gold exploration strategies for our Company’s previously identified and current gold targets.

As a result, future gold exploration of the Broads Dam tenements will focus on the following structural targets:

Jogs, kinks, bends or other off-set structural features along the Zuleika Shear Zone itself, particularly in areas where earlier-defined gold target anomalies are coincident with such structures.

Gold target anomalies which lie to the south of the main Zuleika Shear Zone and appear to be associated with north-south trending splay faults that may connect to the main shear zone.

Gold target anomalies and other structures are associated with a distinctive disrupted magnetic geophysical anomaly at the southern-most end of the Broads Dam tenement package.

The Board looks forward to maximising the potential of this exciting Project, especially as previously announced, a major gold company expressed to us its belief that the Broads Dam Project has the possibility of hosting a multimillion ounce world class deposit.

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Executive Chairperson, Pnina Feldman

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----- Start of picture text ----- 120°BonaparteBasinKING LEOPOLD Kimberley andOROGEN Speewah BasinsOrdBasinBirrinduduBasinNorthern Carnarvon Lamboo ComplexBasinGranites–Tanami20° Canning Basin ComplexYeneenaBasinNorthern CarnarvonBasin CENTRALIANP I L B A R A C R A T O N SUPERBASINARUNTAH amersley Basin Rudall Complex OROGENPILBARAGOLD PROJECT Officer BasinAmadeusBasinSouthern CarnarvonBasinGascoyneComplexPadbury BasinsBryah and Yerrida Basin EaraheedyBasin Musgrave ComplexOfficerGunbarrel BasinBasinNorthampton PINJARRAComplex OROGENY I L G A R N C R A T O NY I L G A R N C R A T O N BROADS DAMGOLD PROJECT30°Eucla BasinPINJARRA OROGENLeeuwin Complex Biranup and NornalupComplexes 250 kilometresOnshoreBremer BasinE NN Y –GA L B A FO R OR A SE REdmund BasinAs hburton BasinO R O G E NO RNGENHooper ComplexCORORI Collier BasinNCAPOSH A L L S C R E E K O R O G E NRTEPAPerth Basin----- End of picture text -----

Figure 1 . Location of Australian Gold Investments Limited gold projects in the Yilgarn and Pilbara Cratons, Western Australia.

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----- Start of picture text ----- 310 000mE Um d 330 000mE Af 350 000mEAb AfOra Banda ORA BANDA/ENTERPRISE UmProduction & Resource AdAs Af Ad Ab Ad+3Moz gold Ag Um Ad Af Ag UmUm Ab AbAd Ad Ab Ab AfUm Ad Ad Um Ad Ab Broad Arrow d AfGrants Patch UmdParadigm Ab AgCarbine d d Afd As BROADS DAMAf Ad BountifulLady Ag Ab Af d AbUm AbBreakaway Dam 89,730oz @ 3.9g/t Au Ad Rose PADDINGTONDam Production & ResourceAf Af Zuleika Ab 4Moz gold Um 6 620 000mNAb Ab Ab MT PLEASANT Ab UmProduction & Resource d Um AbAb +5Moz gold AbUmAb Kintore Af BLUE FUNNEL Af d AbB R OADS DAM 150,000t @ 4.5g/t Au AfGOLD PR OJ E C T Um AsAf AfAg Ab As As GidjiAd AfUmAb dUm UmAd AbKunanalling AdAfAb Af Ad Centenary Ad Ad Ab AfAg Af Um Strzelecki Ab Ab Ab 6 600 000mNAfKUNDANA/KUNDANA EASTProduction & Resource Ad5Moz gold Ad GoldenKalgoorlie/ MileAb As BoulderWhite Foil AbUm Ab Ag Ad10 kilometres Af AdAdAd AbAdAfGeology simplified after Maprock, 2003 Ag Umd Proterozoic dyke Ab Mafic volcanics Zuleika Shear ZoneAs Sediments, sandstone Ad Mafic intrusives Fault+conglomerates Major road/minor roadUm UltramaficsAf Felsic volcanics Railway+sediments Ag Granite Gold occurrence----- End of picture text -----

Figure 2. Geological Setting of the Gold-Bearing Zuleika Shear Zone and Kalgoorlie Goldfields