Bannerman Resources Very Minimal (3,600 Shares Only) Exposure to Australia's Lift Capital
10:19 EDT Monday, April 14, 2008
PERTH, AUSTRALIA--(Marketwire - April 14, 2008) - In response to media reports, Bannerman Resources Ltd (TSX:BAN)(ASX:BMN) ("Bannerman" or the "Company"), an Australian uranium development company, advises that McGrathNicol (Administrators appointed to margin lending company, Lift Capital) have confirmed that the number of Bannerman securities potentially affected by the margin lenders collapse is 3,600 shares.
Clive Jones, Director
Bannerman Resources Limited
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