Bathurst Resources Share Purchase Plan

June 18th, 2009

Bathurst Resources (BTU) announced on the 17/6/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 26/6/2009 on which shareholders must own the share to participate in the SPP. The closing date for the offer is 14/7/2009.  Shares are to be issued on 17/7/2009 and begin trading on 22/7/2009.  A maximum of $15,000 can be purchased by each shareholder at $0.05.  The offer is underwritten.

Discount : 45.1% Liquidity : Poor Profitability : Ok Stability : Poor

www.bathurst.com.au

* Note: Discount is based on the closing price on the 17 June 2009.


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