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SUNSTONE METALS LTD Capital/Financing Update 2007

Dec 2, 2007

65870_rns_2007-12-02_238df5f5-73ff-4a14-8ce5-6bd79736b44c.pdf

Capital/Financing Update

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ASX Release

3 December 2007

RELEASE OF RESTRICTED SECURITIES

Avalon Minerals Ltd advises in accordance with Listing Rule 3.10A that the following restricted securities will be released from escrow on the 20 December 2007:

807,500 fully paid ordinary shares issued to unrelated seed capitalists

Avalon Minerals Ltd Telephone (+618) 9322 2752

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SUNSTONE METALS LTD — Capital/Financing Update 2007

65870_rns_2007-12-02_238df5f5-73ff-4a14-8ce5-6bd79736b44c.pdf

ASX Release

RELEASE OF RESTRICTED SECURITIES

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SUNSTONE METALS LTD Capital/Financing Update 2007