Staff Reporters

Have  reached agreement with Consolidated Bynres Australia Funds Ltd for the underwriting of $15 million in Senior Project Debt for the Sherlock Bay Nickel Project

KAILIS and France Group executive chairman Theo G Kailis was presented with the prestigious Michael Kailis Award at the WA Fishing Industry Council Awards last week.

THE Sherlock Bay Nickel Corporation has reached agreement with Consolidated Byrnes Australia Funds Limited to underwrite $15 million in senior project debts for its Sherlock Bay n

Wally Borovac has resigned as director and company secretary at Hailian International Limited.

Proposed code: PRUIssue price: $0.20Principal activities: Gold exploration

Equity Trustees Ltd  increased its relevant interest from 5,715,844 ordinary shares (6.02%) to 7,640,844 ordinary shares (8.057%)

Sofcom Ltd increased its relevant interest from 7,217,465 ordinary shares (7.195%) to 8,904,465 ordinary shares (8.877%).

1,015,000 fully paid ordinary shares will be released from escow on 7 October, 2004.

Has made new tenement acquisitions near its Emu Lake nickel project 70km north east of Kalgoorlie.

Proposed code: UGEIssue price: $0.20Principal activities: Gold exploration.

 Marney Twitt has joined property developer Cedar Woods as a marketing assistant.

Sipa Resources Limited has appointed Karen Field as non-executive director.

Goldman Sachs JB Were Group Holdings Pty Ltd ceased to be a substantial shareholder.

Sofcom Ltd decreased its relevant interest from 8,455,970 ordinary shares (21.714%) to 7,474,734 ordinary shares (19.194%).

Wholly owned subsidiary, Sunrise Exploration Pty Ltd has entered into a Heads of Agreement for a Farm-In Joint Venture on its Pingandy Creek tenements with WMC Resources Ltd.

Listed satellite and computer technology firm Comdek is set to complete its second acquisition since listing in October last year.

Gunson Resources has completed an agreement with the Nanda People that will allow mining activities at its mineral sands Coburn Project.

Jim Craib has been appointed company secretary at Eagle Bay Resources NL; he replaces Paul Fromson who resigned from the position.

Proposed code: MDGIssue price: $0.20Principal activities: Gold explorer

Falcon Nominees No. 1 Pty Ltd became a substantial Shareholder With a Relevant Interest of 25,757,577 ordinary Shares 13.24(%).

The Essential Earth Pty Ltd increased its relevant interest from 7,217,465 ordinary shares (7.195%) to 8,904,465 ordinary shares (8.877%).

Has completed Tranche One of the placement of shares announced on 8 September 2004.

Has entered into a conditional agreement to acquire the Internet service component operated by Virtual Communities Ltd, a Melbourne-based retailer of bundled home computer and Int

Proposed code: ISSIssue price: $0.20Principal activities: Industrial software products and related professional services.

The Australian Institute of Project Management will hold its annual conference from Sunday, October 10, to Tuesday, October 12, at the Sheraton Hotel Perth.

Mount Burgess Mining NL has appointed Martin Spence as executive director.

The Essential Earth Pty Ltd ceased to be a substantial shareholder.

Central Exchange Ltd increased its relevant interest from 7,217,465 ordinary shares (7.195%) to 8,904,465 ordinary shares (8.877%).

Has entered into an agreement with Swinburne University of Technology and Dr Paul Stoddart from the Centre for Imaging and Applied Optics to develop a fibre optic probe to be used

Listed pharmaceutical company Echo Technologies will launch a prospectus to raise $5.5 million next week ahead of changing its name to PharmAust Limited.

PALADIN Resources has made a private placement to raise $3 million with what the company calls a “prominent” Canadian investment fund with a positive long-term view on the uranium

Peter Folland  has been made managing director of Bentleys MRI Perth and Geoffrey Hick has been appointed chairman of the firm.