Is JRV in suspension? eom, page-4

this might have something to do with it.
might be a week late on announcement.


Capital Raisings

JERVOIS MINING NL 2002-06-03 ASX-SIGNAL-G

HOMEX - Adelaide

+++++++++++++++++++++++++
Subject to the Company acquiring 70% equity in a gold project in
Western Australia, details of which the Company expects to be able to
announce on 17th June 2002, the following capital raisings will take
place:-

Jamesgate Nominees Pty Ltd will take a placement of 14.5 million
fully paid shares at 3.5 cents per share with 14.5 million unlisted
28th February 2005 options attached, exercisable at five cents. This
will raise $507,500 immediately for a fee of $30,450.

Jamesgate Nominees Pty Ltd will also underwrite an option issue to
all shareholders, of 28th February 2005 options exercisable at five
cents, on a one for four basis, on payment of one cent per option.
The issue is expected to raise approximately $500,000. This will be a
prospectus issue planned for July/August 2002, details of which will
be provided to shareholders in the usual way. The proposed option
issue will attract an underwriting fee of 6% and an application to
list all the 2005 options will follow.

D C Pursell
MANAGING DIRECTOR


not a bad time to get an interest in gold
I hold JRV