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

Crescent Gold Limited

May 07, 2007 04:18 ET

Crescent Gold Limited: Notice of General Meeting to Consider Deutsche Bank Placement $122m

PERTH, WESTERN AUSTRALIA--(CCNMatthews - May 7, 2007) - Crescent Gold Limited (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) -

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

The Company hereby gives Notice of a General Meeting of Members to be held on 8 June 2007 10am at The Chifley Hotel, 185 St Georges Terrace, Perth, Western Australia.

A full copy of the letter to Shareholders, Notice of General Meeting including Explanatory Memorandum, Independent Expert Report and Sample Proxy is available for review at www.sedar.com or on the Company's website at www.crescentgold.com.

The Notice of General Meeting including the above meeting materials has been dispatched to shareholders.

Crescent Gold Limited

Andrew Haythorpe, Managing Director

Julian Tambyrajah, CFO & Company Secretary



SHARE INFORMATION
ASX Share Price: A$0.39
Issued Shares: 259.2m
Market Cap: A$101.1m
Options unlisted: 50.9m

FULLY DILUTED BASIS
Shares: 310.1m
Cash on dilution: A$12.7m

RESOURCES
Indicated: 0.95m ozs
20.1mt
1.5g/t
Inferred: 0.48m ozs
10.4mt
1.4g/t

RESERVES
Probable: 0.40m ozs
7.6mt
1.7g/t

RESOURCE
Market Cap/oz: A$71/oz

RESERVE
Market Cap/oz: A$253/oz

Contact Information