Palm Springs Ltd - following an article in this morning's The...

Palm Springs Ltd - following
an article in this morning's The Australian Financial Review, headed
"CCA comes a-calling at Palm Springs" - says it has been canvassing a
number of fund-raising alternatives, in the course of which preliminary
discussions have been held with a number of parties about potential
corporate activity involving Palm Springs.
None of these discussions involving potential corporate activity
have resulted in any proposal emerging, nor is there any certainty that
any particular proposals will be forthcoming.