RNS Number:5444G
GVM Metals Ltd
21 July 2006


GVM Metals Limited  ("GVM or the "Company")


Issue of Equity Update


Further to the announcement made on 10 July 2006, GVM, the Australian mineral
processing and coal mining company with assets in South Africa, is pleased to
announce that its proposed placement of 24,615,384 shares in the capital of the
Company at a price of 13p to raise #3,200,000 has been completed.


The shares were admitted to trading to the AIM market of the London Stock
Exchange on 13 July 2006.


Contact


Simon Farrell               GVM                                 +61 417 985 383

Abigail Singleton           Conduit PR                          020 7429 6606
Olly Cairns                 Corporate Synergy Plc               020 7448 4400




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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