Jupiter Mines Limited is pleased to announce the completion of...

Jupiter Mines Limited is pleased to announce the completion of the transaction between Jupiter, Pallinghurst Steel Feed , a company nominated by Pallinghurst Resources Australia Limited on 6 March 2009, and Red Rock Resources approved by shareholders on 9 March 2009.
In accordance with the resolutions approved by Jupiter's shareholders, on 30 March 2009, Jupiter issued 47,339,148 ordinary shares to PSF and 23,839,183 ordinary shares to RRR. The new shares issued to PSF and RRR will be held in escrow for a period of 12 months. Jupiter also granted the Mount Alfred Option and Manganese Option to both PSF and RRR on 30 March 2009.