looking better...., page-3

LAT place 85m TMR share holding with institutional investors

Tamaya Resources Ltd (ASX: TMR and the “Group”) has been advised by Latitude Resources plc
(“Latitude”) that Latitude has sold its shareholding in TMR through placements with a number of
institutional investors.
Latitude became a shareholder in TMR following the recently concluded transaction involving the
acquisition by TMR of a 100% interest in Latitude's Chilean subsidiary earlier this year.
Tamaya’s acquisition of Latin American Copper Chile S.A. included a portfolio of tenements with a
focus on the Coastal Ranges iron oxide copper gold (“IOCG”) belt in Chile which significantly
increased the Group’s mineral holdings in the country.
Tamaya recently announced that as a result of the acquisition the Group had more than doubled its
copper resources through the addition of Latitude’s portfolio of advanced exploration tenements in
Chile.
For its part in the transaction, Latitude Resources plc received some 85 million TMR shares and 15
million TMR options. The shares were issued 6 September 2007 and the options were issued in
three tranches of 5 million options each, at 30c, 40c, and 50c respectively.
During October 2007, Latitude placed its TMR shares with a range of institutional investors by an
agreement with Tamaya, and as part of the repositioning of Latitude for the next phase of its
development. Latitude Resources continues to hold the options. Attached is the notice of LAT
ceasing to be a substantial shareholder.
Tamaya Resources Executive Chairman Mr Hugh Callaghan said that the Group welcomed the new
institutional investors onto the share register.

Yes it does...now that this is over, the price should start to move up. It appears that copper has bottomed and is recovering.