Staff Reporters

Has successfully completed a placement of 40 million shares at an issue price of 10 cents.

ASX code: ICV, Issue price: NA, First days close: NA, Principal activities: biotechnology, Corporate: Dr Tracy Mynott (director), Samuel Willis (director), David McAuliffe (director), Dr Patrizia Wash

Proposed code: GLA, Issue price: $0.20, Principal activities: nickel, gold and uranium explorer, Corporate: John Palermo (director), Mark O’ Malley (director), John Hills (director), Douglas Cunningha

CEO of the Nedlands Council, David Price, has been appointed as the executive director of the Law Society of WA.

A NEW research report into the issues faced by small business owners applying for bank loans has found evidence of a surprisingly high rate of rejection of applications for finance.

1st Floor, 216 Stirling Highway, CLAREMONT, WA 6010 PO Box 1135, NEDLANDS, WA 6909 Ph: (08) 9286 5300, Fax: (08) 9286 5399

Nicholas Theodore James Paspaley ceased to be a substantial shareholder

Mathews Capital Partners - Sabre Fund increased its relevant interest from 8,782,346 ordinary shares (5.72%) to 13,541,153 ordinary shares (7.31%)

Sandvik AB increased its relevant interest from 12,224,763 ordinary shares (13.14%) to 13,373,147 ordinary shares (14.37%)

Advise that 475,084 shares are to be released from escrow on 16 May 2006.

General Meeting will be held in the Board Room, Axis Financial Group (Australia) Limited, Level 24, Royal Exchange Building, 56 Pitt Street, Sydney at 10.00am Sydney time on 5 June 2006.

Licensed, modern, 200 seats prime location within cinema complex. T/Over $20k per week and increasing. Quality plant & long lease. Joe Fanchi: 9443 7171 Schultz Partners

Proposed code: PGM, Issue price: $0.20, Principal activities: platinum group metals exploration, Corporate: Robert W Mosig (executive chairman & company secretary), Greg J Wheeler (non-executive direc

Project Manager Urban Securities Project - Stage 2 Works, Australia Railway Consultancy Services $220,000.00

Roger O’Dwyer, acting CEO of the Agriculture Protection Board, has been appointed as the Department of Agriculture and Food’s executive director industry and rural services.

Get your blundstones on and pack your Akubra because the Argyle Diamonds Kimberley Muster is back on in Kununurra until May 21 and organisers expect around 3,500 people to head north during the region

Rockdale Capital Pty Ltd became a substantial shareholder with a relevant interest of 19,000,000 ordinary shares (5.5%)

HMC Investor LLC increased its relevant interest from 23,947,530 ordinary shares (10.68%) to 26,289,157 ordinary shares (11.73%)

Credit Suisse Holdings (Australia) Ltd decreased its relevant interest from 38,753,583 ordinary shares (8.96%) to 30,534,977 ordinary shares (7.06%)

Annual General Meeting will be held at the Hilton Sydney, Level 2, Room 2, 488 George Street, Sydney, on Tuesday, 30 May 2006 at 11:00am.

Has formalised arrangements with stockbrokers to raise $1,000,000 by way of an issue of 1,333,333 fully paid shares at an issue price of 75 cents per share.

Specialist product -export 60%. Serving the mining industry caring, retiring owner nets $250,00+ increasing, long history, excellent team of 4 staff. Plant $456,000. Growing without marketing.

Proposed code: GEM, Issue price: $0.20, Principal activities: diamond exploration, Corporate: Monty House (chairman); Les Field (technical director); Anthony Short (non-executive director); Peter Hwan

With eight years of mining industry experience, Sarah Taylor-Fuller has joined Snowden as global recruitment coordinator.

A GOOD friend gave me a book a book about building your business through referrals. The author believes: “The best marketing strategy is to be referable”. He is correct.

WESTERN Australian telecommunications company Southern Group signed a licensing deal with Philips Electronics this week 10 years ago, expected to revolutionise the computer industry by making court st

Billiva Pty Ltd ceased to be a substantial shareholder

Straits Resources Ltd became a substantial shareholder with a relevant interest of 87,040,160 ordinary shares (58.32%) - Form advises date as December 3, 2003

Sandvik AB increased its relevant interest from 10,977,154 ordinary shares (11.8%) to 12,224,763 ordinary shares (13.14%)

Bluestone Tin Ltd and Metals Exploration Ltd announce a proposed merger to create a larger and more diversified mining and exploration group.

Annual General Meeting will be held at The West Australian Chinese Chamber of Commerce, 1304 Hay Street, West Perth, on Monday 29 May 2006 at 10.30am

Highly profitable niche supplier and manufacturer of essential products to the building industry and private business. The company has developed a very loyal client base in WA over the past 30 years.