auj ree acquisition

hi,

AUJ comes back on today at 1020 am after acquiring all the issued share capital in Hastings Rare metals Pty Ltd.

Some points worth emphasising in the announcement include...

? A JORC compliant resource of over 22 Mt (0.79% ZrO2, 0.31% Nb2O5, 0.023% Ta2O5,
0.10% Y2O3) comprising 8.83 Mt in the indicated category and 13.25 Mt in the
inferred category.
? The deposit is readily accessible, from surface, and open along strike and down
dip.
? An extensive drilling program is scheduled for March Quarter 2011.

One to keep an eye on taking into consideration there are only 41mill shares on issue