Moto Goldmines Limited
TSX : MGL
AIM : MOE

Moto Goldmines Limited

April 29, 2009 03:30 ET

Moto Goldmines Limited-Report on Share Activity

PERTH, WESTERN AUSTRALIA--(Marketwire - April 29, 2009) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH ANY US NEWSWIRE SERVICE

Moto Goldmines Limited ("Moto") (TSX:MGL)(AIM:MOE) received notification on April 27, 2009 from Electrum Strategic Holdings LLC ("Electrum") that it had purchased 8,000,000 Common Shares of Moto as part of Moto's recently completed prospectus offering that closed on April 27, 2009. As a result, the aggregate number of common shares of Moto held by Electrum, at April 27, 2009 was 14,967,300 common shares, representing 14.1% of all outstanding Common Shares.

ARBN 113 274 874

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