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TITANIUM SANDS LIMITED Capital/Financing Update 2006

Dec 11, 2006

65956_rns_2006-12-11_df9561a6-1165-4d4e-b152-e1fe3c4f2feb.pdf

Capital/Financing Update

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MARKET RELEASE

12 December 2006

Precious Metals Australia Limited

REINSTATEMENT TO OFFICIAL QUOTATION

The suspension of trading in the securities of Precious Metals Australia Limited (the "Company") will be lifted immediately, following completion of a capital raising.

Security Code: PMA

Ben Donovan Adviser, Issuers (Perth)