looking strong, page-19

re: major alert..uranium results due Charbs - you're months out of date from before hte suspension from quotation.

It's going to go OFF!!

MKY Corporation Limited
ABN 71 099 247 408
Suite 6, 245 Churchill Ave
SUBIACO WA 6008 Ph: (08) 9217 3300
PO Box 226 SUBIACO WA 6904 Fax: (08) 9388 3006
_______________________________________________________________________________
Key Executives Appointed for Uranium Exploration Program
Following the Company’s Agreement to Acquire 100% of
Queensland Uranium
Appointment of Alan Fitzpatrick and Allan Blood as Directors
Mr Alan Fitzpatrick was appointed as Managing Director and Mr Allan Blood was appointed non-executive Chairman of Directors of MKY Corporation today.
Alan Fitzpatrick
Alan Fitzpatrick has recently resigned as global operations director - engineering & construction of Newmont Mining Corporation Inc., based in Denver Colorado, USA. Newmont Mining Corporation is one of the largest gold producing companies in the world. In this role, Mr Fitzpatrick was responsible for the implementation of multiple billion dollar projects around the world including in Australia, the current A$1.6Billion expansion of the Boddington Gold Mine in Western Australia (Newmont 60%).
Prior to joining Newmont Mining Corporation, Mr Fitzpatrick was a senior executive engineer with BHP’s international division where he held a variety of senior engineering management roles.
Mr Fitzpatrick is an Australian originally from Melbourne and will return to that city to take up the position of managing director of MKY Corporation and managing director of the unlisted public company Australian Energy Company Limited (AEC). AEC is in the process of establishing an energy related division in addition to its current $1 Billion undertaking, a combined power/ammonia urea project based on coal gasification with low to zero emissions.
Mr Fitzpatrick will have executive responsibility for MKY Corporation’s Uranium exploration and development programme.
Allan Blood
Mr Blood was the founder and former Chairman of Australian Power & Energy Limited (APEL) now Monash Energy Limited, a subsidiary of Anglo American Group plc. APEL was purpose formed in 1998 to develop the Victorian Power & Liquids Project, a $5 Billion coal to gas to liquids project. Following the takeover of APEL by Anglo American, Mr Blood resigned from APEL and formed Australian Energy Company Limited and initiated the company’s current $1 Billion undertaking, a combined power/ammonia urea project based on coal gasification with low to zero emissions.
Uranium Exploration
Queensland Uranium is continuing with its exploration program. As results are generated over the coming weeks, the Company will release further announcements.
Proposed Placement – fully subscribed
MKY Corporation has closed its placement of 30 million shares at 1.5 cents each to raise $450,000, fully subscribed. MKY Corporation will move to allot these shares as soon as possible.
MKY Corporation
MKY Corporation owns the rights to, and intellectual property in relation to the Creatable Media Business. The CLB Business comprises the Australian rights to, and intellectual property relating to, the business of tabletop advertising. The Company holds a perpetual, exclusive, royalty free licence to use within Australia the intellectual property associated with its table top advertising business. The Company has its table tops in a number of shopping centre locations throughout Australia.
On 15 November 2006, MKY Corporation announced the conditional agreement to acquire 100% of Queensland Uranium Pty Ltd. Queensland Uranium is a uranium exploration company with tenements in northern Queensland, near the historic Palmer River Goldfields area. The tenements cover an area of approximately 335sq.km.
Enquiries to Hugh Warner – (08) 9217 3350
22 November 2006