🕐25.09.09 - 11:00 Uhr

Arafura Issues Second Tranche of Shares to ECE Nolans



ASX Announcement 25 September 2009 Arafura Issues Second Tranche of Shares to ECE Nolans following Shareholder Approval Arafura Resources Limited (ASX: ARU) ("Arafura") today confirms the settlement of the second tranche of the share placement to the Australian subsidiary of the Jiangsu Eastern China Non-Ferrous Metals Investment Holding Company Limited, ECE Nolans Investment Company Pty Ltd ("ECE Nolans"). Following receipt of: · shareholder approval at the Extraordinary General Meeting of Shareholders on 17 September 2009 for the share issue; and ·cleared funds of A$14,440,000. Arafura has today issued 36,100,000 fully paid ordinary shares to ECE Nolans.

The transaction received Foreign Investment Review Board approval on 29 May 2009 The issue of the second tranche of shares takes ECE Nolans equity holding in Arafura from 12.7% to 24.86%. Arafura will use the funds to progress its engineering feasibility study for the Nolans Rare Earth Project in the Northern Territory. JEC is a highly strategic and influential partner who will actively work with Arafura to assist funding and development of the Nolans Project.

The skills and expertise that JEC brings to Arafura are substantial.

Both parties have agreed to undertake a philosophy to limit dilution of the Company shareholding, fund projects, grow our project profile and ultimately increase shareholder wealth. To read the full announcmetn click here: http://esp.gewru.com/download/files/12414/938975/20090925%20-%20Issue%20of%20Second%20Tranche%20of%20Shares%20to%20ECE%20Nolans.pdf For more information contact: Alistair Stephens Managing Director Arafura Resources T: +61 8 6210 7666 M: 0421 612 573 Gavin Lockyer Chief Financial Officer Arafura Resources T: +61 8 6210 7666 M: 0419 914 072 Felicity Nuttall Professional Public Relations T: +61 8 9388 0944 Arafura Resources Level 5/16 St Georges Tce Perth WA 6000 www.arafuraresources.com.au
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