Troy Resources NL
ASX : TRY
TSX : TRY

Troy Resources NL

December 10, 2009 20:15 ET

Troy Resources NL: Entitlements Issue-All Shares Allotted

PERTH, WESTERN AUSTRALIA--(Marketwire - Dec. 10, 2009) -  Troy Resources NL (TSX:TRY)(ASX:TRY) -

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ASX Limited
Company Announcement Office
Level 4, 20 Bridge Street
SYDNEY NSW 2000

Via: - Electronic Lodgment

Dear Sir/Madam

The Directors of the Company are pleased to advise that following the allotment of 9,533,391 new shares on 7 December 2009 to shareholders accepting the entitlement offer, the under subscriptions of 2,916,399 new shares, which reverted to the underwriters, were allotted overnight on 10 December 2009. The Entitlement offer raised A$24.9M before costs to be deployed towards advancing the Company's Casposo Project in Argentina.

Yours faithfully

David R Sadgrove, Company Secretary and Chief Financial Officer

ABN 33 006 243 750

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