Reason for selling.

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    ANVIL MINING NL 2002-06-17 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    APPENDIX 3B
    NEW ISSUE ANNOUNCEMENT

    APPLICATION FOR QUOTATION OF ADDITIONAL SECURITIES AND AGREEMENT

    Information or documents not available now must be given to ASX as
    soon as available. Information and documents given to ASX become
    ASX's property and may be made public.

    Introduced 1/7/96. Origin Appendix 5. Amended 1/7/98, 1/9/99,
    1/7/2000.

    Name of Entity
    Anvil Mining NL

    ACN or ARBN
    060 478 962

    We (the entity) give ASX the following information.


    PART 1 - ALL ISSUES
    You must complete the relevant sections (attach sheets if
    there is not enough space).



    1. Class of securities issued Fully paid ordinary shares
    or to be issued And Options

    2. Number of securities issued 3,999,993 fully paid ordinary
    or to be issued (if known) shares
    or maximum number which 3,999,993 unlisted options
    may be issued

    3. Principal terms of the securities 3,999,993 fully paid ordinary
    (eg, if options, exercise price shares
    and expiry date; if partly paid 3,999,993 unlisted options to
    securities, the amount purchase fully paid
    outstanding and due dates for ordinary shares at
    payment; if convertible securities, $0.12 each,
    the conversion price and dates exercisable on or
    for conversion) before 16/06/2004.

    4. Do the securities rank equally Yes
    in all respects from the date
    of allotment with an existing
    class of quoted securities

    If the additional securities
    do not rank equally, please
    state:
    * the date from which they do
    * the extent to which they
    participate for the next
    dividend, (in the case of
    a trust, distribution) or
    interest payment
    * the extent to which they do
    not rank equally, other than
    in relation to the next
    dividend, distribution or
    interest payment

    5. Issue price or consideration $0.10 per share for one fully
    paid ordinary share and one
    free option

    6. Purpose of the issue (if Working capital.
    issued as consideration for
    the acquisition of assets,
    clearly identify those
    assets)

    7. Dates of entering securities 999,993 fully paid ordinary
    into uncertified holdings shares and options
    or despatch of certificates entered 17/06/2002

    3,000,000 fully paid ordinary
    shares and options
    entered on a date to
    be advised

    NUMBER CLASS
    8. Number and class of all 159,119,231 Fully paid ordinary
    securities quoted on
    ASX (including the
    securities in clause
    2 if applicable)

    NUMBER CLASS
    9. Number and class of all 12,600,000 Ordinary shares paid to
    securities not quoted 8 cents, 12 cents
    on ASX (including the unpaid
    securities in clause 2
    if applicable) 10,000,000 Options expiring
    28/02/2004 exercisable
    at 10 cents

    5,999,994 Options expiring
    28/04/2004 exercisable
    at 12 cents.

    3,999,993 Options expiring
    16/06/2004 exercisable
    at 12 cents

 
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