nah
JUPITER MINES LIMITED
ABN 51 105 991 740
Suite 1405, Level 14, 33 Bligh Street, SYDNEY NSW 2000 Tel: 02 9235 2755 Fax: 02 9235 2955
Jupiter asx JMS 3-1-07 Sonia
ASX Announcement
3rd January 2007
Option Expiry Underwriting Agreement
The Directors of Jupiter Mines Limited are pleased to advise that the Company has entered into an
underwriting agreement with Findlay & Co Stockbrokers with respect to the Company’s outstanding
Listed (JMSO) 31st January 2007 twenty cent options and January 31st 07 twenty cent Unlisted
options .
The total number of Listed (JMSO) outstanding options is 14,354,116 and unlisted options are
4,750,000 totalling 19,104,116 options, the total underwritten amount is $3,820,823.20. The
underwriter will receive a fee totalling 4.0% of the underwritten amount and 750,000 unlisted
options at an exercise price of $0.50cents expiring twelve months from issue.
Quotation of the 31st January 2007 options (JMSO) will cease trading on 23rd January 2007 that
is 5 business days before 31st January 2007.
The capital raised from the option exercise will be applied to further advance the Company’s
existing projects, including ongoing development of its Iron Projects and commencement of RC and
Diamond drilling at Central Yilgarn Iron, Beasley River and Brockman Iron Projects.
The company will continue its feasibility studies and drilling programs at Jupiter’s Widgiemooltha
Nickel Project after the recent discovery of three additional conductor zones and ongoing
exploration programs at the company’s projects in WA.
Company Secretary
Sydney, 3rd January 2007
For and on behalf of the directors of Jupiter Mines Limited