Gold Price, page-4

Is this what you were thinking of?

The Australian Stock Exchange Limited
FOR IMMEDIATE RELEASE
12 February 2004
CONVERTIBLE NOTE PROSPECTUS
Citigold Corporation Limited (ASX Code ‘CTO’ has launched a $15 million convertible note issue.
A summary of some of the principal terms includes -
Issue Type Unsecured Convertible Note
Trustee ANZ Executors & Trustee Company Limited
Notes on offer 37,500,000
Face Value $0.40 per Note
Share Price - 12 months High $0.36 to Low $0.085
Applications for Notes Minimum of 5,000 notes ($2,000)
Notes ASX Listing Yes
Application Closing Date 29 March 2004 or earlier if sold out
Maturity Date 29 March 2007
Interest Rate 12% p.a., plus yield enhancer linked to the A$ gold price
Interest Cover Funds retained to cover first 12 months interest
Interest Payments Quarterly in arrears – commence 29 June 2004
Redemption Convert into Shares or redeem full face value on 29/03/07
Conversion Terms Note holders may convert any time prior to Redemption Date
on a ratio of 1 Convertible Note: 1 Ordinary Share
The proposed application of the proceeds raised includes retiring debt, retaining 12 months
interest and working capital including funding development of the Warrior gold mine.
The Prospectus was lodged with the Australian Securities & Investments Commission (ASIC) on
12 February 2004 and is subject to a minimum 7 day exposure period under the Corporations
Act. Applications cannot be accepted prior to 20 February 2004. An electronic copy of the
Prospectus containing full details of the Issue will be available on our website www.citigold.com
and should be read in its entirety.
Roslynn Shand