cornerstone investors aboard

The boxes keep getting ticked.

I guess the usual discount to market SP is the norm.
Great sign of confidence.

NEW CORNERSTONE INVESTORS – JABIRU METALS LIMITED AND LION
SELECTION LIMITED
Tectonic Resources NL (Tectonic) (TTR.ASX) is pleased to announce that Jabiru Metals
Limited (Jabiru) (JML:ASX) and Lion Selection Limited (Lion) (LST:ASX) have elected to
become cornerstone investors in Tectonic.
Subject to shareholder approval and the issue of a prospectus in respect of the placement,
Jabiru will subscribe for 30,000,000 shares and Lion 12,857,492 shares in Tectonic at 7 cents
per share for a total consideration of approximately $3,000,000.
Tectonic welcomes to its share register Lion, a highly respected investment house, and Jabiru,
a well established Australia base metals producer with a market capitalisation of circa $630m.
Jabiru has recently made the transition into production following the commissioning of the
$69 million Jaguar Zinc-Copper Project located 300 kilometres north of Kalgoorlie in
Western Australia. Jabiru also recently acquired the Benambra base metal project in Victoria.
Lion is a circa $330m publicly listed resource investment company providing long term
equity capital to carefully selected small and medium enterprises. Lion invests in Australian
mining and exploration companies with assets in Australia, Africa and South East Asia.
Tectonic sees the commitment by two well respected and high calibre organisations as a vote
of confidence in the company and its principal asset, the Phillips River Project, comprising
the Kundip gold/copper deposit and the Trilogy poly metallic base metal deposit.
Both Jabiru and Lion will have the right to a position on the Tectonic Board (subject to
Tectonic's constitution and other regulatory requirements) and the company welcomes the
additional knowledge and experience this would bring to the Company. In addition Jabiru has
a first right to enter into an agreement to partially or fully underwrite capital raisings
conducted by the Company during calendar year 2008.

The funds raised pursuant to these placements will be applied to the completion of a Bankable
Feasibility Study on the Phillips River Project. Initially drilling will recommence at Kundip
and Trilogy with further funds invested into the metallurgical evaluation of the Trilogy poly
metallic base metal deposit. Drilling is planned to commence in November, 2007.