rights issue closed and director buys more, page-2

Yes SS, glowing endorsement by Rick Crabb. The $200,000 that he lent the Company originally was to be repaid out of the money recieved in the Rights Issue (part-portion) and he's chosen to put it straight back into the Company by excercising all of his rights. I took advantage of all mine as well as there's only one way this stock can go from here on in IMO, and thats rapidly up - as soon as we start seeing some more drilling and reporting action based on the initial spectacular results. Announcement today as follows:


(TO BE RENAMED GOLDEN RIM RESOURCES LTD)
7 December 2006
Companies Announcement Office
Australian Stock Exchange Limited
20 Bridge Street
SYDNEY NSW 2000 By e-lodgement
Dear Sir/Madam
CLOSURE OF RIGHTS ISSUE
The Board of Directors of Alcaston Mining NL is pleased to announce that the Rights
Issue of 5 new shares for every 2 shares held by shareholders as at the record date of 9
November 2006 closed on 29 November 2006. The number of Rights Issue Shares taken
up by the shareholders was 16,902,407, representing 80.28% of the issue. The remaining
4,146,695 shares of the Issue were taken up by the Underwriter and Lead Manager to the
Issue, Patersons Securities Limited, a leading Australian Stock Broking Firm. The Rights
Issue raised $1,685,368 before costs of the issue.
The holding statements for the shares are being dispatched .
Please do not hesitate to contact this office, if any further information is required.
Yours faithfully
ALCASTON MINING NL
GILBERT RODGERS
Company Secretary

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