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1 year chart

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1 day chart

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Epic & Msn data
Epic CDN
Time: 16:45:26
Mid Price: 17.00
Change Today: 2.50 Ascending
Change % Today: 17.24 Ascending
Fifty Two Week High: 156.00
Fifty Two Week Low: 7.10
Market Capital: 35.59
Period & price data
Period Price
Now: 17.00
3 Months ago: 38.00
6 Months ago: 105.00
1 Year ago: 35.50
Additional information
Additional Information
Market: AIM, ASX
Sector: Coal
News: Latest news
Web Site: Caledon Resources
Other Articles: 19-11-200807-11-200824-09-2008

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Caledon Resources

Caledon Resources plc was originally formed for the purposes of exploring precious metals in China. However in 2006 the company transformed from gold explorer to coal producer following the acquisition of the Cook Colliery and related mining operations in Australia, from Xstrata Coal Pty Ltd. Since then the Company has acquired the adjacent Minyango project, an area situated in a region of strategic importance within the Bowen Basin, surrounded by some of Queensland’s premier coking and thermal coal mining operations. The Company is now primarily focused on mining coking coal in Queensland. The company currently has coal resources (JORC), coking and thermal, totalling 366.5 million tonnes and 17 million tonnes of reserves.
Company information about: Caledon Resources
Tuesday, June 17, 2008

Polo increases stake in Caledon Resources to 22 percent

Polo Resources, an Australian based company with investments in coal and uranium in Bangladesh and Mongolia, announced that it had increased its stake in AIM listed coal producer, Caledon Resources (AIM: CDN ). Polo Resources now holds22.45% of Caledon Resources, or 44.4 million shares. Polo Resources announced its intention to raise approximately £80 million for acquisitions recently.

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Disclaimer

This document is intended solely for the information of the particular person to whom it was provided by Proactive Investors Australia Pty Ltd and should not be relied upon by any other person. Although we believe that the advice and information which this document contains is accurate and reliable, Proactive Investors Australia Pty Ltd Limited has not independently verified information contained in this document which is derived from publicly available sources, directors and proposed directors and management. Proactive Investors Australia Pty Ltd assumes no responsibility for updating any advice, views, opinions, or recommendations contained in this document or for correcting any error or omission which may become apparent after the document has been issued. Proactive Investors Australia Pty Ltd Limited does not give any warranty as to the accuracy, reliability or completeness of advice or information which is contained in this document. Except insofar as liability under any statute cannot be excluded, Proactive Investors Australia Pty Ltd Limited and its directors, employees and consultants do not accept any liability (whether arising in contract, in tort or negligence or otherwise) for any error or omission in this document or for any resulting loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of this document or any other person.

This document has not been written for the specific needs of any particular person and it is not possible to take into account each investor’s individual circumstances and that investors should make their adviser aware of their particular needs before acting on any information or recommendation. Proactive Investors Australia Pty Ltd Limited, its employees, consultants and its associates within the meaning of Chapter 7 of the Corporations Law may receive commissions, underwriting and management fees, calculated at normal client rates, from transactions involving securities referred to in this document and may hold interests in the securities referred to in this document from time to time.

Disclosure of Interest

Proactive Investors Australia Pty Ltd and its associates may have owned shares in the above company as at the date of the report. This position is subject to change without notice.