Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Titanium Resources (SRX)

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Wednesday 19 October, 2005

Titanium Resources

Issue of Equity

Titanium Resources Group Ltd
19 October 2005



                        Titanium Resources Group Limited
          Placing of new shares to raise £10.0 million ($17.5 million)

Titanium Resources Group Ltd ('TRG' or the 'Group') announces that 20,000,000
new common shares (of no par value) in the capital of the Group (the 'Placing
Shares') have been placed with institutional investors at a price of 50p per
share to raise £10.0 million ($17.5 million) before expenses. The Placing Shares
represent approximately 10.7 per cent. of the existing issued share capital of
the Group.

Application will be made to the London Stock Exchange for the Placing Shares to
be admitted to trading on the Alternative Investment Market of the London Stock
Exchange ('AIM'). The Placing Shares will rank in full for all dividends or
other distributions made, paid or declared hereafter and pari passu in all other
respects with the existing common shares. The Placing is conditional on, inter
alia, the admission of the Placing Shares to AIM becoming effective, which is
expected to occur on Tuesday, 25 October 2005, when dealings in the Placing
Shares are expected to commence.

TRG owns two mining operations in the Republic of Sierra Leone - the Sierra
Rutile Project and the SML Bauxite Project. Both mines operated for over 15
years until operations were suspended in 1995; operations are expected to
restart in the first quarter of 2006. The Sierra Rutile Project will employ
conventional dredging and processing methods to produce mineral sands and
previously produced approximately 30 per cent of the world's annual supply of
natural rutile, a high titanium-bearing feedstock employed in the manufacture of
titanium dioxide. The Group has signed sales contracts for more than half of its
anticipated annual production of rutile and negotiations continue with a number
of other buyers for the remaining production.

The SML Bauxite Project will produce premium grade metallurgical bauxite, the
primary feedstock used in the production of aluminium. The Group has entered
into long-term offtake agreements with Alcoa World Alumina LLC and Glencore AG
for the project's estimated annual bauxite production.

TRG was admitted to AIM in August 2005 and raised $74 million (£41 million) at
47p per share.

In view of the strong demand for high-quality rutile, TRG has been investigating
options for expanding rutile production. The net proceeds of the Placing will be
used for general corporate purposes including conversion of additional resources
to reserves through infill drilling, as well as funding a feasibility study into
the viability of expanding rutile production through the reprocessing of
tailings or dry mining of outlying ore bodies which do not fall within the
current dredge paths.

Following completion of the Placing, the holding of Jean-Raymond Boulle is
expected to fall from 48.2 per cent. to approximately 43.6 per cent. of the
Group's issued share capital.

TRG also announces the appointment of Arbuthnot Securities Ltd as Broker with
immediate effect. Arbuthnot is acting as broker in respect of the Placing.

Commenting on the Placing Walter Kansteiner, Chairman of TRG, said:

'The funds raised through the Placing will enable us to take advantage of the
opportunities to expand our rutile reserve base which we identified at the time
of our Admission to AIM. We also remain on track to re-start production at the
Sierra Rutile Project and the SML Bauxite Project in the first quarter of 2006.'

'We are committed to delivering on our strategy to re-start and expand our
operations in Sierra Leone for the benefit of shareholders and believe that the
continued support from institutional investors reflects the quality of our
assets and the positive outlook for titanium feedstock markets going forward.'

19 October 2005


PRESS ENQUIRIES

Titanium Resources Group                   020 7321 0000
Walter Kansteiner, Chairman

Arbuthnot                                  020 7012 2000
James Steel

Aura Financial                             020 7321 0000
Michael Oke / Andrew Mills 


This press release has been issued by TRG and is the sole responsibility of TRG.
This press release does not contain or constitute an offer or invitation to
purchase or subscribe for any securities of TRG and should not be relied on in
connection with any decision to purchase or subscribe for any such securities.

The securities referred to herein have not been and will not be registered under
the U.S. Securities Act of 1933 and may not be offered or sold in the United
States absent registration under the Securities Act or an available exemption
from it.

Arbuthnot Securities Limited ('Arbuthnot'), which is regulated by the Financial
Services Authority, is acting for TRG and no-one else in relation to the matters
described in this announcement and will not be responsible to anyone other than
TRG for providing the protections afforded to clients of Arbuthnot nor for
providing advice in relation to the matters described in this announcement.





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