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TAW - Tawana - EGM Resolutions - Placements completed

Release Date: 13/09/2010 16:30:03      Code(s): TAW
TAW - Tawana - EGM Resolutions - Placements completed                           
Tawana Resources NL                                                             
(Incorporated in Australia)                                                     
(Registration number ACN 085 166 721)                                           
Share code on the JSE Limited: TAW                                              
ISIN: AU000000TAW7                                                              
Share code on the Australian Stock Exchange Limited: TAW                        
ISIN: AU000000TAW7                                                              
("Tawana" or "the Company"                                                      
ASX Release                                                                     
9 September 2010                                                                
EGM Resolutions - Placements Completed                                          
Tawana Resources NL (ASX: TAW) is pleased to announce, pursuant to the          
resolutions passed at the General Meeting of Members held 30 August 2010, it has
completed the placement of 23,000,000 Shares at 1 cent per share to raise to    
raise $230,000 and granted 60,000,000 Options.                                  
It has also granted 50,000,000 options (1c, 30 July 2013) pursuant to the       
Company`s capacity under Listing Rule 7.1.                                      
The new capital raised will be used to fund the Company`s exploration programs, 
for the review of new projects and for general working capital purposes.        
Further Information;                                                            
Winton Willesee                                                                 
Joint Company Secretary                                                         
Tawana Resources NL (ASX: TAW) - Secondary Trading Notice Pursuant To Section   
708A(5)(E) Of The Corporations Act 2001.                                        
The Company gives this notice pursuant to section 708A(5)(e) of the Corporations
Act 2001 (Cth) ("Act").                                                         
The Company has issued ordinary fully paid shares and options to acquire        
ordinary fully paid shares in the capital of the Company ("Securities") as per  
the Appendix 3B lodged with the ASX today.                                      
The Company advises that the Securities were issued without disclosure to       
investors under Part 6D.2 of the Act.  The Company, as at the date of this      
notice, has complied with:                                                      
the provisions of Chapter 2M of the Act as they apply to the Company; and       
section 674 of the Act.                                                         
As at the date of this notice there is no information that is excluded          
information for the purposes of sections 708A(7) and (8) of the Act.            
For further information contact:                                                
Winton Willesee                                                                 
Joint Company Secretary                                                         
Rule 2.7, 3.10.3, 3.10.4, 3.10.5                                                
Appendix 3B                                                                     
New issue announcement, application for quotation of additional securities and  
agreement                                                                       
Information or documents not available now must be given to ASX as soon as      
available.  Information and documents given to ASX become ASX`s property and may
be made public.                                                                 
Introduced 1/7/96.  Origin: Appendix 5.  Amended 1/7/98,1/9/99, 1/7/2000,       
30/9/2001, 11/3/2002, 1/1/2003.                                                 
Name of entity                                                                  
TAWANA RESOURCES NL                                                             
ABN                                                                             
69 085 166 721                                                                  
We (the entity) give ASX the following information.                             
Part 1  All issues                                                              
You must complete the relevant sections (attach sheets if there is not enough   
space).                                                                         
1  +Class of             Shares and Options                                     
  +securities issued                                                            
or to be issued                                                               
                                                                                
                                                                                
2  Number of             23,000,000 Shares                                      
+securities issued    110,000,000 Options                                     
  or to be issued (if                                                           
  known) or maximum                                                             
  number which may be                                                           
issued                                                                        
                                                                                
                                                                                
3  Principal terms of    Fully Paid Ordinary Shares                             
the +securities (eg,  Options 50,000,000 (1c, 31                              
  if options, exercise  July 2012)                                              
  price and expiry      Options 50,000,000 (1c, 30                              
  date; if partly paid  July 2013)                                              
+securities, the      Options 5,000,000 (3c, 9                                
  amount outstanding    September 2012)                                         
  and due dates for     Options 5,000,000 (5c, 9                                
  payment; if           September 2014)                                         
+convertible                                                                  
  securities, the                                                               
  conversion price and                                                          
  dates for                                                                     
conversion)                                                                   
                                                                                
4  Do the +securities    Shares - Yes                                           
  rank equally in all                                                           
respects from the     Options - no.                                           
  date of allotment                                                             
  with an existing      All shares issued on exercise                           
  +class of quoted      of options will rank equally                            
+securities?          with the Company`s existing                             
                        fully paid ordinary shares.                             
  If the additional                                                             
  securities do not                                                             
rank equally, please                                                          
  state:                                                                        
  the date from which                                                           
  they do                                                                       
the extent to which                                                           
  they participate for                                                          
  the next dividend,                                                            
  (in the case of a                                                             
trust, distribution)                                                          
  or interest payment                                                           
  the extent to which                                                           
  they do not rank                                                              
equally, other than                                                           
  in relation to the                                                            
  next dividend,                                                                
  distribution or                                                               
interest payment                                                              
                                                                                
5  Issue price or        Shares - $0.01 per Share                               
  consideration                                                                 
Options - 60,000,000 Options                            
                        granted at no cash cost                                 
                        pursuant to resolutions                                 
                        passed at the recent EGM.                               

                        Options -  50,000,000 Options                           
                        granted at no cash cost as                              
                        fees for advisory services.                             

6  Purpose of the issue  The new capital raised will                            
  (If issued as         be used to fund the Company`s                           
  consideration for     exploration programs, for the                           
the acquisition of    review of new projects and                              
  assets, clearly       for general working capital                             
  identify those        purposes.                                               
  assets)                                                                       
The Options have been granted                           
                        pursuant to resolutions                                 
                        passed at the recent EGM and                            
                        for advisory services.                                  

                                                                                
7  Dates of entering     9 September 2010                                       
  +securities into                                                              
uncertificated                                                                
  holdings or despatch                                                          
  of certificates                                                               
                                                                                

                        Number   +Class                                         
8  Number and +class of  530,416,029   Ordinary Fully                           
  all +securities                     Paid Shares                               
quoted on ASX         13,240,053                                              
  (including the                      Options (10c, 1                           
  securities in clause                Apr 2011)                                 
  2 if applicable)                                                              

                        Number         +Class                                   
9   Number and +class    1,420,000      Options (35c,                           
   of all +securities                  30 Nov 2011)                             
not quoted on ASX                                                            
   (including the                                                               
   securities in                                                                
   clause 2 if                                                                  
applicable)                                                                  
                                                                                
                        6,750,000      Options (10c,                            
                                       17 Jan 2014)                             
4,000,000      Options (7c, 18                          
                                       June 2012)                               
                        6,000,000      Options (10c,                            
                                       17 Jan 2013)                             
6,750,000      Options (7c, 17                          
                                       Jan 2013)                                
                        50,000,000     Options (1c, 23                          
                                       Feb 2013)                                
50,000,000     Options (1c, 31                          
                                       July 2012                                
                        50,000,000     Options (1c, 30                          
                                       July 2013)                               
5,000,000      Options (3c, 10                          
                                       Sept 2012)                               
                        5,000,000      Options (1c, 10                          
                                       Sept 2014)                               

10  Dividend policy (in  Unchanged                                              
   the case of a                                                                
   trust, distribution                                                          
policy) on the                                                               
   increased capital                                                            
   (interests)                                                                  
Part 2  Bonus issue or pro rata issue                                           
11  Is security holder                                                          
   approval required?                                                           
                                                                                
                                                                                
12  Is the issue                                                                
   renounceable or non-                                                         
   renounceable?                                                                
                                                                                
13  Ratio in which the                                                          
   +securities will be                                                          
   offered                                                                      
                                                                                
14  +Class of                                                                   
   +securities to which                                                         
   the offer relates                                                            
                                                                                
15  +Record date to                                                             
   determine                                                                    
   entitlements                                                                 
                                                                                
16  Will holdings on                                                            
   different registers                                                          
   (or subregisters) be                                                         
   aggregated for                                                               
calculating                                                                  
   entitlements?                                                                
                                                                                
17  Policy for deciding                                                         
entitlements in                                                              
   relation to                                                                  
   fractions                                                                    
                                                                                

18  Names of countries                                                          
   in which the entity                                                          
   has +security                                                                
holders who will not                                                         
   be sent new issue                                                            
   documents                                                                    
   Note: Security                                                               
holders must be told                                                         
   how their                                                                    
   entitlements are to                                                          
   be dealt with.                                                               
Cross reference:                                                             
   rule 7.7.                                                                    
                                                                                
19  Closing date for                                                            
receipt of                                                                   
   acceptances or                                                               
   renunciations                                                                
                                                                                
20  Names of any                                                                
   underwriters                                                                 
                                                                                
                                                                                

21  Amount of any                                                               
   underwriting fee or                                                          
   commission                                                                   

22  Names of any brokers                                                        
   to the issue                                                                 
                                                                                

                                                                                
23  Fee or commission                                                           
   payable to the                                                               
broker to the issue                                                          
                                                                                
24  Amount of any                                                               
   handling fee payable                                                         
to brokers who lodge                                                         
   acceptances or                                                               
   renunciations on                                                             
   behalf of +security                                                          
holders                                                                      
                                                                                
25  If the issue is                                                             
   contingent on                                                                
+security holders`                                                           
   approval, the date                                                           
   of the meeting                                                               
                                                                                
26  Date entitlement and                                                        
   acceptance form and                                                          
   prospectus or                                                                
   Product Disclosure                                                           
Statement will be                                                            
   sent to persons                                                              
   entitled                                                                     
                                                                                
27  If the entity has                                                           
   issued options, and                                                          
   the terms entitle                                                            
   option holders to                                                            
participate on                                                               
   exercise, the date                                                           
   on which notices                                                             
   will be sent to                                                              
option holders                                                               
                                                                                
28  Date rights trading                                                         
   will begin (if                                                               
applicable)                                                                  
                                                                                
29  Date rights trading                                                         
   will end (if                                                                 
applicable)                                                                  
                                                                                
30  How do +security                                                            
   holders sell their                                                           
entitlements in full                                                         
   through a broker?                                                            
                                                                                
31  How do +security                                                            
holders sell part of                                                         
   their entitlements                                                           
   through a broker and                                                         
   accept for the                                                               
balance?                                                                     
                                                                                
32  How do +security                                                            
   holders dispose of                                                           
their entitlements                                                           
   (except by sale                                                              
   through a broker)?                                                           
                                                                                
33  +Despatch date                                                              
                                                                                
Part 3  Quotation of securities                                                 
You need only complete this section if you are applying for quotation of        
securities                                                                      
34   Type of securities                                                         
    (tick one)                                                                  
                                                                                
(a)      Securities described in Part 1 (Shares Only)                           
                                                                                
(b)      All other securities                                                   
        Example: restricted securities at the end of the                        
escrowed period, partly paid securities that                            
        become fully paid, employee incentive share                             
        securities when restriction ends, securities                            
        issued on expiry or conversion of convertible                           
securities                                                              
Entities that have ticked box 34(a)                                             
Additional securities forming a new class of securities                         
Tick to indicate you are                                                        
providing the information or                                                    
documents                                                                       
35      If the +securities are +equity securities, the                          
       names of the 20 largest holders of the                                   
additional +securities, and the number and                               
       percentage of additional +securities held by                             
       those holders                                                            
                                                                                
36      If the +securities are +equity securities, a                            
       distribution schedule of the additional                                  
       +securities setting out the number of holders in                         
       the categories                                                           
1 - 1,000                                                                
       1,001 - 5,000                                                            
       5,001 - 10,000                                                           
       10,001 - 100,000                                                         
100,001 and over                                                         
                                                                                
37      A copy of any trust deed for the additional                             
       +securities                                                              
Entities that have ticked box 34(b)                                             
38  Number of securities                                                        
   for which +quotation                                                         
   is sought                                                                    

                                                                                
39  Class of +securities                                                        
   for which quotation                                                          
is sought                                                                    
                                                                                
                                                                                
40  Do the +securities                                                          
rank equally in all                                                          
   respects from the                                                            
   date of allotment                                                            
   with an existing                                                             
+class of quoted                                                             
   +securities?                                                                 
                                                                                
   If the additional                                                            
securities do not                                                            
   rank equally, please                                                         
   state:                                                                       
   the date from which                                                          
they do                                                                      
   the extent to which                                                          
   they participate for                                                         
   the next dividend,                                                           
(in the case of a                                                            
   trust, distribution)                                                         
   or interest payment                                                          
   the extent to which                                                          
they do not rank                                                             
   equally, other than                                                          
   in relation to the                                                           
   next dividend,                                                               
distribution or                                                              
   interest payment                                                             
                                                                                
41  Reason for request                                                          
for quotation now                                                            
   Example: In the case                                                         
   of restricted                                                                
   securities, end of                                                           
restriction period                                                           
                                                                                
   (if issued upon                                                              
   conversion of                                                                
another security,                                                            
   clearly identify                                                             
   that other security)                                                         
                                                                                

                         Number          +Class                                 
42  Number and +class of                                                        
   all +securities                                                              
quoted on ASX                                                                
   (including the                                                               
   securities in clause                                                         
   38)                                                                          

Quotation agreement                                                             
1    +Quotation of our additional +securities is in ASX`s absolute discretion.  
ASX may quote the +securities on any conditions it decides.                     
2    We warrant the following to ASX.                                           
*    The issue of the +securities to be quoted complies with the law and is not 
for an illegal purpose.                                                         
*    There is no reason why those +securities should not be granted +quotation. 
*    An offer of the +securities for sale within 12 months after their issue    
will not require disclosure under section 707(3) or section 1012C(6) of the     
Corporations Act.                                                               
Note: An entity may need to obtain appropriate warranties from subscribers for  
the securities in order to be able to give this warranty                        
*    Section 724 or section 1016E of the Corporations Act does not apply to any 
applications received by us in relation to any +securities to be quoted and that
no-one has any right to return any +securities to be quoted under sections 737, 
738 or 1016F of the Corporations Act at the time that we request that the       
+securities be quoted.                                                          
*    We warrant that if confirmation is required under section 1017F of the     
Corporations Act in relation to the +securities to be quoted, it has been       
provided at the time that we request that the +securities be quoted.            
*    If we are a trust, we warrant that no person has the right to return the   
+securities to be quoted under section 1019B of the Corporations Act at the time
that we request that the +securities be quoted.                                 
3    We will indemnify ASX to the fullest extent permitted by law in respect of 
any claim, action or expense arising from or connected with any breach of the   
warranties in this agreement.                                                   
4    We give ASX the information and documents required by this form.  If any   
information or document not available now, will give it to ASX before +quotation
of the +securities begins.  We acknowledge that ASX is relying on the           
information and documents.  We warrant that they are (will be) true and         
complete.                                                                       
Sign here:     ....................................... Date: 9 September 2010   
         (Joint Company Secretary)                                              
Print name:    Winton Willesee                                                  
Rule 3.19A.2                                                                    
Appendix 3Y                                                                     
Change of Director`s Interest Notice                                            
Information or documents not available now must be given to ASX as soon as      
available.  Information and documents given to ASX become ASX`s property and may
be made public.                                                                 
Introduced 30/9/2001.                                                           
Name of entity  Tawana Resources NL                                             
ABN       69 085 166 721                                                        
We (the entity) give ASX the following information under listing rule 3.19A.2   
and as agent for the director for the purposes of section 205G of the           
Corporations Act.                                                               
Name of Director        Mr Julian Babarczy                                      
Date of last notice     21 January 2010                                         
Part 1 - Change of director`s relevant interests in securities                  
In the case of a trust, this includes interests in the trust made available by  
the responsible entity of the trust                                             
Note: In the case of a company, interests which come within paragraph (i) of the
definition of "notifiable interest of a director" should be disclosed in this   
part.                                                                           
Direct or indirect interest    Direct                                           
Nature of indirect interest                                                     
(including registered holder)                                                   
Note: Provide details of the                                                    
circumstances giving rise to                                                    
the relevant interest.                                                          
Date of change                 9 September 2010                                 
No. of securities held prior   10,000,000 Ordinary Shares                       
to change                                                                       
Class                          Ordinary Shares                                  
Number acquired                5,000,000                                        
Number disposed                nil                                              
Value/Consideration            $50,000                                          
Note: If consideration is non-                                                  
cash, provide details and                                                       
estimated valuation                                                             
No. of securities held after   15,000,000 Ordinary Shares                       
change                                                                          
Nature of change               Per resolutions passed at                        
Example: on-market trade, off- the EGM held 30 August 2010                      
market trade, exercise of                                                       
options, issue of securities                                                    
under dividend reinvestment                                                     
plan, participation in buy-                                                     
back                                                                            
Part 2 - Change of director`s interests in contracts                            
Note: In the case of a company, interests which come within paragraph (ii) of   
the definition of "notifiable interest of a director" should be disclosed in    
this part.                                                                      
Detail of contract                                                              
Nature of interest                                                              
Name of registered                                                              
holder                                                                          
(if issued securities)                                                          
Date of change                                                                  
No. and class of                                                                
securities to which                                                             
interest related prior                                                          
to change                                                                       
Note: Details are only                                                          
required for a                                                                  
contract in relation                                                            
to which the interest                                                           
has changed                                                                     
Interest acquired                                                               
Interest disposed                                                               
Value/Consideration                                                             
Note: If consideration                                                          
is non-cash, provide                                                            
details and an                                                                  
estimated valuation                                                             
Interest after change                                                           
Rule 3.19A.2                                                                    
Appendix 3Y                                                                     
Change of Director`s Interest Notice                                            
Information or documents not available now must be given to ASX as soon as      
available.  Information and documents given to ASX become ASX`s property and may
be made public.                                                                 
Introduced 30/9/2001.                                                           
Name of entity  Tawana Resources NL                                             
ABN       69 085 166 721                                                        
We (the entity) give ASX the following information under listing rule 3.19A.2   
and as agent for the director for the purposes of section 205G of the           
Corporations Act.                                                               
Name of Director        Mr Roydon Euan Luff                                     
Date of last notice     21 January 2010                                         
Part 1 - Change of director`s relevant interests in securities                  
In the case of a trust, this includes interests in the trust made available by  
the responsible entity of the trust                                             
Note: In the case of a company, interests which come within paragraph (i) of the
definition of "notifiable interest of a director" should be disclosed in this   
part.                                                                           
Direct or indirect interest    Indirect                                         
Nature of indirect interest    Securities are held in                           
(including registered holder)  Lufgan Nominees Pty Ltd,                         
Note: Provide details of the   McIvor Mining Company Pty                        
circumstances giving rise to   Ltd and Maram Nominees Pty                       
the relevant interest.         Ltd all of which are                             
                              director related companies.                       
Date of change                 9 September 2010                                 
No. of securities held prior   14,689,740 Ordinary Shares                       
to change                      6,104,150 Options (Listed)                       
Class                          Ordinary Shares                                  
Number acquired                6,000,000                                        
                                                                                
Number disposed                nil                                              
Value/Consideration            $60,000                                          
Note: If consideration is non-                                                  
cash, provide details and                                                       
estimated valuation                                                             
No. of securities held after   20,689,740 Ordinary Shares                       
change                         6,104,150 Options (Listed)                       
Nature of change               Per resolutions passed at                        
Example: on-market trade, off- the EGM held 30 August 2010                      
market trade, exercise of                                                       
options, issue of securities                                                    
under dividend reinvestment                                                     
plan, participation in buy-                                                     
back                                                                            
Part 2 - Change of director`s interests in contracts                            
Note: In the case of a company, interests which come within paragraph (ii) of   
the definition of "notifiable interest of a director" should be disclosed in    
this part.                                                                      
Detail of contract                                                              
Nature of interest                                                              
Name of registered                                                              
holder                                                                          
(if issued securities)                                                          
Date of change                                                                  
No. and class of                                                                
securities to which                                                             
interest related prior                                                          
to change                                                                       
Note: Details are only                                                          
required for a                                                                  
contract in relation                                                            
to which the interest                                                           
has changed                                                                     
Interest acquired                                                               
Interest disposed                                                               
Value/Consideration                                                             
Note: If consideration                                                          
is non-cash, provide                                                            
details and an                                                                  
estimated valuation                                                             
Interest after change                                                           
Rule 3.19A.2                                                                    
Appendix 3Y                                                                     
Change of Director`s Interest Notice                                            
Information or documents not available now must be given to ASX as soon as      
available.  Information and documents given to ASX become ASX`s property and may
be made public.                                                                 
Introduced 30/9/2001.                                                           
Name of entity  Tawana Resources NL                                             
ABN       69 085 166 721                                                        
We (the entity) give ASX the following information under listing rule 3.19A.2   
and as agent for the director for the purposes of section 205G of the           
Corporations Act.                                                               
Name of Director        Mr Warwick Grigor                                       
Date of last notice     20 April 2010                                           
Part 1 - Change of director`s relevant interests in securities                  
In the case of a trust, this includes interests in the trust made available by  
the responsible entity of the trust                                             
Note: In the case of a company, interests which come within paragraph (i) of the
definition of "notifiable interest of a director" should be disclosed in this   
part.                                                                           
Direct or indirect interest    Indirect                                         
Nature of indirect interest    Securities are held in                           
(including registered holder)  Gregorach Pty Ltd which is a                     
Note: Provide details of the   director related company.                        
circumstances giving rise to                                                    
the relevant interest.                                                          
Date of change                 9 September 2010                                 
No. of securities held prior   19,850,000 Ordinary Shares                       
to change                                                                       
Class                          Ordinary Shares                                  
Number acquired                8,000,000                                        

Number disposed                nil                                              
Value/Consideration            $0.01 per share                                  
Note: If consideration is non-                                                  
cash, provide details and                                                       
estimated valuation                                                             
No. of securities held after   27,850,000 Ordinary Shares                       
change                                                                          
Nature of change               Per resolutions passed at                        
Example: on-market trade, off- the EGM held 30 August 2010                      
market trade, exercise of                                                       
options, issue of securities                                                    
under dividend reinvestment                                                     
plan, participation in buy-                                                     
back                                                                            
Part 2 - Change of director`s interests in contracts                            
Note: In the case of a company, interests which come within paragraph (ii) of   
the definition of "notifiable interest of a director" should be disclosed in    
this part.                                                                      
Detail of contract                                                              
Nature of interest                                                              
Name of registered                                                              
holder                                                                          
(if issued securities)                                                          
Date of change                                                                  
No. and class of                                                                
securities to which                                                             
interest related prior                                                          
to change                                                                       
Note: Details are only                                                          
required for a                                                                  
contract in relation                                                            
to which the interest                                                           
has changed                                                                     
Interest acquired                                                               
Interest disposed                                                               
Value/Consideration                                                             
Note: If consideration                                                          
is non-cash, provide                                                            
details and an                                                                  
estimated valuation                                                             
Interest after change                                                           
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 13/09/2010 16:30:01 Supplied by www.sharenet.co.za                     
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