North Queensland Metals Share Purchase Plan

August 14th, 2009

North Queensland Metals  (NQM) announced on the 12/8/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 20/8/2009 on which shareholders must own the share to participate in the SPP. The closing date is 8/9/2009.  Shares will be issued soon after.    A maximum of $15,000 can be purchased by each shareholder at $0.205.

Discount : 6.8% Liquidity : Poor  Profitability : Ok  Stability : Poor

www.nqm.com.au

* Note: Discount is based on the closing price on the 13 August 2009.


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