Hi Towie et alii,Per the RMG ASX Announcements on 12/02/2007 and...

Hi Towie et alii,

Per the RMG ASX Announcements on 12/02/2007 and 13/03/2007 the Capital raising has already happened and is being approved at the General Meeting on 16/04/2007. Please see below.

Find below the Names and Shares that have been issued pursuant to Resolution #1. If you know the "Players" you should recognize the Pty Ltds and those "players" who are behind them. That should give you a clue as to where RMG may be headed. A hint, Blueknight Corporation Pty Ltd is controlled by Steinepreis.

I would assume that once the Share Placement is ratified on the 16th of this month we will ("Should") have an announcement as to what the New Resource Project will be.

JMHO the SP "Should" start moving after the GM or just before.

Cheers,

Brantley

ASX Announcements:

12/02/2007 Placement /SPP/Unmarketable parcels

13/03/2007 Notice of General Meeting

NAMES And Shares issued pursuant to the Placement referred to in Resolution 1

Bannaby Investments Pty Ltd 3,000,000

TM Consulting Pty Limited 3,000,000

Seaspin Pty Ltd 3,000,000

Celtic Capital Pty Ltd 6,500,000

Trident Capital Pty Ltd 6,000,000

Tisia Nominees Pty Ltd 3,000,000

David Richard Hainsworth 500,000

Norman Venus Management Consulting Pty Ltd Super Fund A/C> 2,500,000

Blueknight Corporation Pty Ltd 3,000,000

Talltree Holdings Pty Ltd 3,000,000

J K Nominees Pty Ltd 3,400,000

Pareto Nominees Pty Ltd 2,000,000

Sheas Creek Pty Ltd 500,000

Ravenhill Investments Pty Ltd 4,000,000

Mr Matthew Sheldrick 50,000

TOTAL ALLOTMENTS 43,450,000

******************************

12/02/2007 Placement /SPP/Unmarketable parcels


PLACEMENT / SHARE PURCHASE PLAN / UNMARKETABLE PARCELS

RMG Limited (RMG or Company) is pleased to announce that it has appointed Dalgety Capital Pty Ltd,
a holder of a financial services licence, to manage the placement of 43,400,000 ordinary shares at an
issue price of 1.5 cents each,
to raise up to $651,000 (Placement).

In addition, RMG is pleased to announce that, in conjunction with the Placement, it is undertaking a Share Purchase Plan (SPP) for all eligible existing shareholders to subscribe for up to a further 85,000,000 ordinary shares at an issue price of 1.5 cents each, the same price as offered under the Placement, to raise up to a further $1,275,000. The Company advises that, subject to shareholder approval, that it intends to place the shortfall so as to raise a minimum of $600,000 under the SPP.

The funds raised pursuant to the Placement and the Share Purchase Plan will be used to:

· provide funds for review, acquisition and development of other opportunities, as
identified by the Company; and

· meet the administration costs of the Company and general working capital.

The following is being dispatched to Shareholders under the Share Purchase Plan:

1. Letter to Shareholders containing the offer of New RMG Shares under the Share Purchase
Plan; and

2. Share Purchase Plan Application Form.

Key Dates:

Record Date: 13 February 2007

Offer Closing Date: 12 March 2007

Following completion of the Share Purchase Plan, RMG intends to offer for sale on the ASX shares of
unmarketable parcels held by Shareholders who have not given notice that they wish to retain their
shareholding.

Holders of unmarketable parcels will receive the following documents:

1. Sale of unmarketable parcels letter; and

2. Notice of Retention of Shares.

Yours faithfully

Gary Steinepreis

Director

******************************

13/03/2007 Notice of General Meeting

NOTICE OF GENERAL MEETING

Notice is given that a General Meeting of Shareholders of RMG Limited (Company) will be held at Level 1, 33 Ord Street, West Perth, WA 6005 at 10.00am (Perth Time) on 16 April 2007.


AGENDA

BUSINESS EXPLANATORY STATEMENT

The Explanatory Statement which accompanies and forms part of this Notice, describes the ordinary and special business to be considered at the Meeting. The Explanatory
Statement is an important document and should be read carefully in full by all Shareholders.

Resolution 1 – Ratification of Allotment and Issue of Shares - Placement

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution:

"That, for the purpose of Listing Rule 7.4 of the Listing Rules of the Australian Stock Exchange Limited and for all other purposes, the Company approves and ratifies the allotment and issue of 43,450,000 Shares at an issue price of 1.5 cents each to raise $651,750. The Shares were issued to parties who are not related parties of the Company and were introduced by Dalgety Capital Pty Ltd, a holder of a financial services licence, and via a prospectus dated 23 February 2007 and as listed in the Explanatory Statement and otherwise on the terms set out in the Explanatory Statement accompanying this Notice.”

Short Explanation: Approval is sought under Listing Rule 7.4 to allow the Company to ratify the issue and allotment of these securities. Please refer to the Explanatory Statement for details.

Voting Exclusion: The Company will disregard any votes cast on this resolution by a person who participated
in the issue and any associates of those persons.

Resolution 2 - Approval of Issue and Allotment of Shares – Placement of Shortfall

To consider and, if thought fit, to pass with or without amendment, the following resolution
as an ordinary resolution:

“That, for the purposes of Listing Rule 7.1 of the Listing Rules of Australian Stock Exchange Limited and for all other purposes, approval is given for the Company to be authorised to issue and allot up to 40,000,000 Shares at an issue price of 1.5 cents each to raise up to $600,000. The Shares represent the shortfall, if any, from the Share Purchase Plan currently being undertaken by the Company and will be issued to parties introduced by Dalgety Capital Pty Ltd, a holder of a financial services licence, and who are not related parties of the Company and otherwise on the terms set out in the Explanatory Statement accompanying this Notice.”

NAMES And Shares issued pursuant to the Placement referred to in Resolution 1

Bannaby Investments Pty Ltd 3,000,000

TM Consulting Pty Limited 3,000,000

Seaspin Pty Ltd 3,000,000

Celtic Capital Pty Ltd 6,500,000

Trident Capital Pty Ltd 6,000,000

Tisia Nominees Pty Ltd 3,000,000

David Richard Hainsworth 500,000

Norman Venus Management Consulting Pty Ltd Super Fund A/C> 2,500,000

Blueknight Corporation Pty Ltd 3,000,000

Talltree Holdings Pty Ltd 3,000,000

J K Nominees Pty Ltd 3,400,000

Pareto Nominees Pty Ltd 2,000,000

Sheas Creek Pty Ltd 500,000

Ravenhill Investments Pty Ltd 4,000,000

Mr Matthew Sheldrick 50,000

TOTAL ALLOTMENTS 43,450,000