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”).


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.


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.


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.


We store and use information you provide as follows:

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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.


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.


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.


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.


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.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Union Resources LTD (URL)

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Tuesday 07 October, 2008

Union Resources LTD

1 for 5 Non-Renounceable Rights Issue

7 October 2008

                            Union Resources Limited                            

                     1 for 5 Non-Renounceable Rights Issue                     

The following announcement has been made on the Australian Securities Exchange
("ASX"). In addition, a prospectus (the "Prospectus") relating to the
non-renounceable rights issue (including ASX Appendix 3B) was also released to
the ASX. The prospectus was today lodged with the Australian Securities &
Investments Commission (ASIC).

Union Resources Limited ("the Company") previously advised on 16 September that
it will undertake a one (1) for five (5) non-renounceable rights issue at
$0.011 (1.1 cents) per share to raise up to approximately $2.0 million.
Shareholders will be offered the opportunity to purchase one share for every
five shares held by them as at the record date of 16 October 2008. Shareholders
will also receive one free attaching option for every five shares applied for,
expiring 31 December 2010 and exercisable at $0.02 (2 cents) per option. The
offer under the rights issue is not underwritten.

As previously advised, funds raised from the rights issue will be expended
solely on the Namibian Sandpiper Phosphate Project ("the Project"), whilst
funds allocated for working capital which will be used to fund the Company's
general administrative expenses. The funds raised will be used for:

 1. undertaking confirmatory sampling (including acquisition of gravity cores
    and grab samples) and subsequent geo-statistical analysis;
 2. undertaking sampling for process testing and geotechnical assessment;  
 3. undertaking a dredging assessment;
 4. payment of the US$500,000 cash settlement sum to the vendor of the Project;
 5. working capital generally; and
 6. expenses of the rights issue.
The proposed timetable for the rights issue is as follows*:

1. Lodge Prospectus with ASX                              7 October          
2. Application to ASX for quotation of Shares              (Tuesday)         
(Appendix 3B)                                                                
Notice to Shareholders containing information in        9 October 2008       
Appendix 3B                                                                  
Shares trade "Ex" the entitlements issue on the           10 October         
Record Date to identify Eligible Shareholders             16 October         
and to determine Entitlements under the                                      
Prospectus                                                (Thursday)         
 1. Despatch of Prospectus and Entitlement and            21 October         
    Acceptance Form ("Opening Date")                                         
 2. Advise ASX that despatch completed                                       
Closing Date                                             12 November         
Securities quoted on a deferred settlement basis         13 November         
ASX notified of under-subscriptions                      17 November         
Despatch Share Holding Statements                        20 November         
Expected commencement of trading of new shares           21 November         
on ASX                                                                       

*The dates shown in the timetable are indicative only and, subject to the ASX
Listing Rules and the Corporations Act 2001, the Company reserves the rights to
change any date, including to extend the closing date or to close the offer
early without prior notice.

The distribution of the Prospectus in jurisdictions outside Australia may be
restricted by law and persons who come into possession of the Prospectus should
seek advice on and observe any of these restrictions.  Failure to comply with
these restrictions may violate securities laws.  Applicants who are resident in
countries other than Australia should consult their professional advisers as to
whether any governmental or other consents are required or whether any other
formalities need to be considered and followed.

For further information contact:

Australia: Union Resources Limited
Mr John Lemon - Company Secretary
Phone: +61 7 3833 3833

London: Hanson Westhouse Limited
Bill Staple or Martin Davison
020 7601 6100

Bankside Consultants
Simon Rothschild or Louise Mason
020 7367 8888


a d v e r t i s e m e n t