Crescent Gold Limited
ASX : CRE
TSX : CRA
FRANKFURT : CRE5

Crescent Gold Limited

January 18, 2010 03:28 ET

Crescent Gold Limited: Request for Voluntary Suspension

PERTH, WESTERN AUSTRALIA--(Marketwire - Jan. 18, 2010) - Crescent Gold Limited (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) -

Mr Matthew Foy
ASX Limited
Level 8, Exchange Plaza
2 The Esplanade
PERTH WA 6000

Dear Matthew

REQUEST FOR VOLUNTARY SUSPENSION

Pursuant to ASX Listing Rule 17.2, Crescent Gold Limited hereby requests a voluntary suspension of its securities from 19 January 2010.

The voluntary suspension is requested pending the release of an announcement in a proposed capital raising for the Company. This capital raising is for the unbudgeted acquisition costs and subsequent accelerated development work (primarily drilling) on the Laverton Extended Joint Venture properties that have been previously disclosed.

The Company is not aware of any reason, why its securities should not be suspended.

YOURS SINCERELY

CRESCENT GOLD LIMITED

MARK TORY, CHIEF FINANCIAL OFFICER AND COMPANY SECRETARY

ABN: 49 087 360 996

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