AUSTRALIAN STOCK EXCHANGE

LAF000145

IN BOOK

NO.077 $P.1$

LAFAYETTE MINING LIMITED ABN 88 076 390 451 Level 5, 189 Flinders Lane Melbourne Australia VIC 3000 Telephone: $+61(03)96546044$
Facsimile: $+61(03)96546010$
e-mail: [email protected]

FACSIMILE TRANSMISSION SHEET
ATTENTION		ASX COMPANY ANNOUNCEMENTS		DATE	18/12/02
RUSINESS NAME ASX			FAX NO.(RECEIVER)	1300 300 021
SENT BY	TIM HICKMAN		NO. OF PAGES INCL. THIS ONE	8
IF YOU DID NOT RECEIVE ALL PAGES, OR IF YOU RECEIVED THIS BY ERROR PLEASE TELEPHONE +61 8 9240 7010 IMMEDIATELY
OURGENT	OFOR REVIEW	OPLEASE COMMENT	OPLEASE REPLY	OPLEASE RECYCLE

FORM 3B

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

$\mathcal{I}$

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000.

Name of entity

LAFAYETTE MINING LIMITED

ACN, ARBN or ARSN 88 076 390 451

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 ⁺Class of ⁺securities issued or to be issued

PAID ORDINARY SECURITIES

$\overline{2}$ Number of *securities issued or to be issued (if known) or maximum number which may be issued
Principal terms of the +securities (eg, if 3 options, exercise price and expiry date; if partly paid *securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

6,750,000

5,750,000 WITH A 10 CENT EXERCISE PRICE, AND 1,000,000 WITH A 9 CENT EXERCISE PRICE

OPTIONS TO SUBSCRIBE FOR FULLY

⁺ See chapter 19 for defined terms.

$\hat{A}$

$\frac{1}{4}$

$\hat{\mathcal{E}}$

$\begin{array}{c} 1 \ 1 \ 1 \ 1 \end{array}$

Appendix 3B New issue announcement

4	Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?	NO
	If the additional securities do not rank equally, please state: the date from which they do the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment	THE DATE WHEN THE OPTION HOLDER CONVERTS THE ORDINARY SHARES	SECURITIES TO
5	Issue price or consideration	NIL.
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	FEE PAYABLE FOR THE EXTENSION OF A BRIDGING FINANCE FACILITY, AND DIRECTORS OPTION ISSUE TO PURSUANT THE RESOLUTIONS TO PASSED AT THE ANNUAL GENERAL MEETING 25 NOVEMBER 2002.
7	Dates of entering +securities into uncertificated holdings or despatch of certificates	28 NOVEMBER 2002

8	Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)	Number 303,729,506	+Class ORDINARY SHARES

9	Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)	Number 78,650,000	^- Class REFER ATTACHED

⁺ See chapter 19 for defined terms.

Appendix 3B New issue announcement

Dividend policy (in the case of a trust, $10$ distribution policy) on the increased capital (interests)

Y/ IY

$\overline{\text{N/A}}$

$\overline{\text{NA}}$

$N/A$

$\overline{\text{N/A}}$

$N/A$

N/A

Part 2 - Bonus issue or pro rata issue

Is security holder approval required? $11$
Is the issue renounceable or non- $12^-12$ renounceable?
Ratio in which the ⁺securities will be $13$ offered
14 +Class of +securities to which the offer relates
+Record date to determine entitlements 15
16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
Policy for deciding entitlements in relation $17²$ to fractions
18 Names of countries in which the entity has *security holders who will not be sent new issue documents

Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7.

19 Closing date for receipt of acceptances or renunciations
20 Names of any underwriters
Amount of any underwriting fee or $21$ commission
Names of any brokers to the issue 22

		---
N/A	___

		$\sim$

⁺ See chapter 19 for defined terms.

$\frac{1}{4}$

Ť $\mathbf{I}$

Appendix 3B New issue announcement

23	Fee or commission payable to the broker to the issue	N/A
24	Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders	N/A
25	If the issue is contingent on +security holders' approval, the date of the meeting	N/A
26	Date entitlement and acceptance form and prospectus will be sent to persons entitled	N/A
27	If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders	N/A
28	Date rights trading will begin (if applicable)	N/A
29	Date rights trading will end (if applicable)	N/A
30	How do *security holders sell their entitlements in full through a broker?	N/A
31	How do +security holders sell part of their entitlements through a broker and accept for the balance?	N/A
32	How do *security holders dispose of their entitlements (except by sale through a broker)?	N/A
33	+Despatch date	N/A

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34	Type of securities
	(tick one)

$\left( a\right)$

Securities described in Part 1

⁺ See chapter 19 for defined terms.

$(b)$

Appendix 3B New issue announcement

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, accurities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

(If the additional securities do not form a new class, go to 43)

Tick to indicate you are providing the Information or documents

35	The names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders
36	A distribution schedule of the additional +securities setting out the number of holders in the categories $1 - 1,000$ 1,001 - 5,000 5.001 - 10.000 10,001 - 100,000 100,001 and over
37	A copy of any trust deed for the additional +securities

$(now go to 43)$

Entities that have ticked box 34(b)

38 Number of securities for which *quotation is sought
Class of +securities for which quotation 39 is sought
Do the +securities rank equally in all 40 respects from the date of allotment with an existing +class of quoted +securities?

If the additional securities do not rank equally, please state:

the date from which they do
the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

⁺ See chapter 19 for defined terms.

Appendix 3B

New issue announcement

11	Reason for request for quotation now
	Example: In the case of restricted securities, end of restriction period
	(if issued upon conversion of another security, clearly identify that other security)
		Number	^- Class
. .	At the transfer of the constitution

Number and +class of all +securities 42. quoted on ASX (including the securities in clause 38)

Number	^- Class

(now go to $43$ )

All entities

Fees

43 Payment method (tick one)

Cheque attached

Electronic payment made Note: Payment may be made electronically if Appendix 3B is given to ASX electronically at the same time.

Periodic payment as agreed with the home branch has been arranged

Note: Arrangements can be made for employee incentive schemes that involve frequent issues of securities.

Quotation agreement

+Quotation of our additional *securities is in ASX's absolute discretion. ASX may $\mathbf{1}$ quote the *securities on any conditions it decides.
We warrant to ASX that the issue of the +securities to be quoted complies with the $\overline{2}$ law and is not for an illegal purpose, and that there is no reason why those *securities should not be granted *quotation. We warrant to ASX that an offer of the 'securities for sale within 12 months after their issue will not require disclosure under section 707(3) of the Corporations Law.
We will indemnify ASX to the fullest extent permitted by law in respect of any 3 claim, action or expense arising from or connected with any breach of the warranties in this agreement.

⁺ See chapter 19 for defined terms.

We give ASX the information and documents required by this form. If any $\boldsymbol{4}$ information or document not available now, will give it to ASX before +quotation of the *securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

Date: 18 Occumber 2002

(Company secretary)

Print name:

TIMOTHY JAMES BRUCE HICKMAN **************************************

== == == == ==

LAFAYETTE MINING LIMITED DETAILS OF SECURITIES NOT QUOTED ON ASX

Description

42.400.000 Options expiring 31 December 2003 exercisable at 20 cents 366,666 Employee options expiring 31 December 2003 exercisable at 20 cents 366,667 Employee options expiring 31 January 2004 exercisable at 20 cents Employee options expiring 29 February 2004 exercisable at 20 cents 366,667 333,333 Employee options expiring 30 April 2004 exercisable at 20 cents Employee options expiring 31 May 2004 exercisable at 20 cents 333,333 333.334 Employee options expiring 30 June 2004 exercisable at 20 cents 2.400,000 Director options expiring 31 October 2004 exercisable at 20 cents 1,000,000 Director options expiring 1 July 2007 exercisable at 9 cents 750,000 Director options expiring 1 July 2007 exercisable at 10 cents 12,500,000 Options exercisable at 10 cents between 8 July 2002 and 7 January 2005 Options exercisable at 15 cents between 8 July 2002 and 7 January 2005 12,500,000 5,000,000 Options expiring 7 July 2005 exercisable at 10 cents

78,650,000

Number

⁺ See chapter 19 for defined terms.

AI assistant

XPEDRA RESOURCES LIMITED Share Issue/Capital Change 2002

66100_rns_2002-12-17_2ee27245-0a05-4b70-9ae3-d30592685aad.pdf

Appendix 3B