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RENOUNCEABLE RIGHTS ISSUE – SHORTFALLThe Directors of the...

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    RENOUNCEABLE RIGHTS ISSUE – SHORTFALL
    The Directors of the Company are pleased to advise that the renounceable Rights Issue closed on 13 March
    2009 with Eligible Shareholders subscribing for 13,035,796 New Shares (and 4,345,265 free attaching New
    Options) at an issue price of $0.095 raising $1,238,400.62 under the Rights Issue.
    The Rights Issue was underwritten by Patersons Securities Limited to the value of $1,500,000. Accordingly,
    2,753,678 New Shares (and 917,893 free attaching New Options) forming part of the total remaining shortfall
    under the Rights Issue will revert to Patersons Securities Limited pursuant to its Underwriting Agreement with
    the Company.
    The Directors are also pleased to announce that 11,331,657 New Shares (and 3,777,219 free attaching New
    Options) from the remaining 12,689,378 New Shares (and 4,229,793 free attaching New Options) representing
    the non-underwritten portion of the shortfall under the Rights Issue has been placed by the Company in
    conjunction with the Underwriter.
    Pursuant to the Prospectus, the Directors reserve the right to separately offer the remaining shortfall of
    1,357,721 New Shares (and 452,574 free attaching New Options) which have not been taken up under the
    Rights Issue within 3 months after the Closing Date. Those New Shares will be issued at the same issue price as
    offered to Eligible Shareholders under the Right Issue and the free attaching New Options will be granted on
    the same basis as under the Rights Issue.
    It is anticipated that the allotment and issue of the New Shares and New Options and the dispatch of the
    holding statements will take place on Monday 23 March 2009.
    The total number of New Shares (and free attaching New Options) taken up represents over 95% of the
    securities available through the Rights Issue. The Directors are very pleased with the high level of support and
    wish to thank the shareholders who participated in the Rights Issue.
    Yours sincerely
    THUNDELARRA EXPLORATION LTD
    Frank DeMarte
    COMPANY SECRETARY
    Suite 2, Level 3, IBM Building
    1060 Hay Street, West Perth
    Western Australia 6005
    PO Box 7363, Cloisters Square
    Perth WA 6850
    Tel 61 8 9321 9680
    Fax 61 8 9321 9670
    [email protected]
    www.thundelarra.com
    Thundelarra Exploration Ltd
    ABN 74 950 465 654
    ARBN 085 782 994
    ASX THX

    I presume you could apply for some of the shortfall if you wished. I might give it some thought.
    Regards Dabru
 
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