Troy Resources NL
ASX : TRY
TSX : TRY

Troy Resources NL

December 07, 2009 02:30 ET

Troy Resources NL: Share Placement-to US Resident Shareholders

PERTH, WESTERN AUSTRALIA--(Marketwire - Dec. 7, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Growing junior gold producer, Troy Resources NL (TSX:TRY)(ASX:TRY)

The Company advises that it has today placed 299,955 new ordinary shares at US$1.87 per share for gross proceeds of US$560,915.85 to US resident shareholders.

The placement was offered to existing US resident shareholders registered at 12 November 2009, so permitted by the relevant US securities regulations, on similar terms to the recent Entitlements Offer to shareholders for which US resident shareholders were excluded from participating.

The placement was offered at 1 new share for each 6 existing shares held at a price of US$1.87 per share representing an equivalent of A$2.00 on the record date of 12 November 2009.

An Appendix 3B for the above issue is available at the following address: http://media3.marketwire.com/docs/tr1207.pdf.

ABN 33 006 243 750

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