Media ReleasesCastlemaine Goldfields Limited

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Castlemaine Goldfields, LionGold Share Issue and Appendix 3B

Castlemaine Goldfields Limited refers to its ASX announcement of 16 April 2012 and confirms that it has today issued 33,913,000 new fully-paid ordinary shares to LionGold Corp Limited at an issue price of A$0.115 per new share, raising A$3,899,995.

Castlemaine advises that:

(a) the new shares were issued without disclosure under Part 6D.2 of the Corporations Act 2011 (Cth) (the "Act");

(b) this notice is being given under section 708A(5)(e) of the Act;

(c) as at the date of this notice, Castlemaine has complied with:
(i) the provisions of Chapter 2M of the Act as they apply to Castlemaine; and
(ii) section 674 of the Act;

(d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Act.


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