Staff Reporters

The Company's name will be changed to Territory Resources Limited. The Company has asked the Australian Securities Exchange to reserve TTY as the listing code to be adopted following the name change.

Extraordinary General Meeting will be held at The Emerald Hotel, 24 Mount Street, Perth, Monday July 2 at 9.00am.

WEST Perth-based Rialto Energy Ltd has promoted its exploration manager, Brett Woods, to the role of chief executive officer.

ASX code: GTE, Issue price: $0.20, First days close: N/A, Principal activities: nickel exploration, Corporate: Donald Ross Kennedy (non-executive chairman), Thomas Bedford Bannerman (managing director

Established with the aid of a Lotterywest grant in July 2005, the David Wirrpanda Foundation has a core objective to promote strong role models and healthy life choices to Indigenous children through

Barclays Global Investors Australia Ltd ceased to be a substantial shareholder.

Manifest Capital Management Pty Ltd became a substantial shareholder with a relevant interest of 10,605,044 ordinary shares (5.91%).

Barclays Global Investors Australia Ltd increased its relevant interest from 15,569,966 ordinary shares (7.94%) to 18,241,134 ordinary shares (9.26%).

Ospraie Management LLC decreased its relevant interest from 6,800,000 ordinary shares (6.26%) to 5,680,000 ordinary shares (5.23%).

Announce the placement of 4,000,000 ordinary new shares at 70 cents per share to two current long term key investors and some new investors to the Company.

Extraordinary General Meeting will be held at South Perth Yacht Club, Coffee Point, Applecross, on Thursday 5 July 2007 at 10.00am.

THE Western Australian Club has sold its four-storey building on St Georges Terrace for $8.9 million to private investors, Tony and Maria Priolo.

Grange Consulting has appointed Shannon Caporn and Jamie Byrde as corporate advisors.

Tax payer alert on employee share schemes. http://www.ato.gov.au/distributor.asp?doc=/content/content/85320.htm Published: June 5 2007

GMO Australia Ltd ceased to be a substantial shareholder.

Michael Sillcock and Krama Pty Ltd and Pharmaderm Pty Ltd increased its relevant interest from 2,747,333 ordinary shares (6.03%) to 8,299,833 ordinary shares (11.64%).

Paul van Loenhout increased its relevant interest from 2,060,000 ordinary shares (8.82%) to 2,560,000 ordinary shares (10.96%).

The takeover bid by Paladin Resources Ltd for all the fully paid ordinary shares in Summit Resources Limited closed at 5:00pm (Perth, Western Australia time) on 1 June 2007

General Meeting will be held at The Celtic Club, 48 Ord Street, West Perth, on 4 July 2007 at 11.30am.

LAW firm Allens Arthur Robinson has appointed Tim Lester to its Perth office as partner, specialising in corporate and finance matters.

NEW Zealand-based steel pipe company, Steelpipe New Zealand, has officially established its Australian subsidiary, Steelpipe Australia, with the opening of a new $7 million factory in East Rockingham.

ASX code: TSM, Issue price: $2.15, First days close: $2.35, Principal activities: business to business IT financing, Corporate: Peter Mansell (chairman), Ned Montarello (managing director & CEO), Stev

David Southam has commenced as chief financial officer at Australian Railroad Group having recently returned to Perth from Melbourne where he was CFO of Cleanaway Australia.

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australian (CCI) with the support of the WA Government's Department of

JPMorgan Chase & Co. and its affiliates became a substantial shareholder with a relevant interest of 1,848,188 ordinary shares (5.51%).

Ragusa Investments Pty Ltd increased its relevant interest from 4,185,000 ordinary shares (8.63%) to 4,685,000 ordinary shares (9.66%).

Axiom Properties Ltd decreased its relevant interest from 15,144,309 ordinary shares (17.95%) to 14,268,989 ordinary shares (16.92%).

Has negotiated and signed a Memorandum of Understanding (MOU) with an overseas company for the sale of its remaining two fishing vessels.

General Meeting will be held at ‘John de Baun' Room, Melbourne Hotel, 942 Hay Street (cnr Milligan Street), Perth, on 2 July 2007 at 10.30am.

NEDLANDS-BASED architect Craig Smith has joined the City of Perth as its city architect, a newly created part-time role to help the council achieve best architectural outcomes in new developments.

Former Liberal Senator Ian Campbell is to join the board of Perth-based IT services provider ASG Group Ltd as a non-executive director.

THE WEST AUSTRALIAN (BUSINESS NEWS HEADLINES)Iron ore boom to roll on