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Additional Information

Market:	ASX
Sector:	Platinum Group Metals
EPIC:	MSH

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Morning Star Holdings

Morning Star Holdings primary asset is a 74% interest in Alumicor, an aluminium dross treating business in Pietermaritzburg, South Africa.

Morning Star Holdings times its move into platinum with acquisition of Realm Resources

Friday, June 19, 2009

Shares in Morning Star Holdings (ASX: MSH) rocketed today up 45% after it signed a deal to acquire 100% of Realm Resources Limited, a platinum exploration and development company with interests in South Africa.

By acquiring Realm, MSH shareholders will acquire a platinum group metal portfolio comprising:

- The Kliprivier project. Located on the eastern limb of the Bushveld Complex is immediately south and along strike of Aquarius Platinum’s Everest South platinum project and up dip of the former Anglo Platinum Booysendaal project. An inferred UG2 resource has been defined of 109.6 Mt @ 2.3 g/t (3PGE+Au) for 7.6Moz (undiscounted or 6.46Moz applying a 15% discount factor) from surface over a 6km strike length on its 3,300ha permitted share of Kliprivier.

Realm holds an interest in each of Masedi Platinum (Proprietary) Limited and Nkwe Platinum (Proprietary) Limited from Nkwe Platinum (South Africa) (Pty) Limited (“Nkwe”). Masedi and NPS hold the platinum group metal "PGM" assets in South Africa that MSH will acquire.

As consideration for acquiring Realm, MSH will issue up to 100 million fully paid ordinary shares in MSH to the shareholders of Realm and to Nkwe. MSH will issue 69,565 217 MSH shares to Realm shareholders. Realm will acquire an interest in Masedi and NPS in exchange for the issue of up to 30,434,783 MSH shares to Nkwe.

Previously, MSH was involved in aluminium dross treatment plants to Australia and the company has an aluminium dross treatment plant located in Pietermaritzburg, South Africa.

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