RNS Number:0500U
Lodore Resources Inc
11 November 2005


11 November 2005

Lodore Resources Inc. ('Lodore' or the 'Company')

Lodore has been notified, that further to IB Daiwa's offer to purchase the
entire issued share capital of Lodore as announced on 3 November 2005, the offer
has been declared unconditional as to acceptances.

Enquiries:
Lodore
Bob Williams, Executive Chairman +65 6324 0017
Peter Kirkham, Executive Director +65 9430 0565

Fishburn Hedges (PR Adviser to Lodore)
Andrew Reid / Andrew Marshall +44 (0)20 7839 4321




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

END
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