Response to ASX Price Query
March 12 2007 - 3:20AM
UK Regulatory
MURCHISON UNITED NL
ACN 009 087 852
ASX CODE: MUR, AIM CODE: MUU,
Telephone: +618 9322 4071, Fax: +618 9322 4073
AIM Release
12 March 2007
AUSTRALIAN STOCK EXCHANGE PRICE QUERY
__________________________________________________________________________________
Murchison United NL ("Murchison" or "The Company") (ASX:MUR, AIM:MUU) today received a price query from the
Australian Stock Exchange.
The query "noted a change in the price of the Company's securities from $0.09 on 5 March 2007 to $0.17
today. We have also noted an increase in the volume of trading in the securities over this period."
Attached is Murchison's reply issued on the Australian Stock Exchange.
For further information please contact:
Mark Reilly
MANAGING DIRECTOR
12 March 2007
Mr Vickrem Naicker
Senior Advisor, Issuers
Australian Stock Exchange
Level 8
Exchange Plaza
2 The Esplanade
PERTH WA 6000
By Facsimile: (08) 9221 2020
Dear Vickrem
RESPONSE TO ASX PRICE QUERY
The Company advises the following in response to your query today:
1. Is the Company aware of any information concerning it that has not been announced which, if
known, could be an explanation for recent trading in the securities of the Company?
No.
2. If the answer to question 2 is yes, can an announcement be made immediately? If not, why not and
when is it expected that an announcement will be made?
Not applicable.
3. Is there any other explanation that the Company may have for the price change and increase in
volume in the securities of the Company?
The Company has no explanation that it knows for a fact to be correct. However, the Managing
Director and Technical Director attended PDAC in Toronto last week and while there took the
opportunity to give presentations to a number of North American investors. The presentation given
was the same as that given at the AGM and released to the market on 29 November 2006. The volume
in the Murchison shares increased dramatically last Friday and continues today and has not been
at these volumes for some time. The correlation between these events suggests that some of the
North American investors maybe buying. Murchison is unable to ascertain or confirm if this is
correct.
4. Please confirm that the Company is in compliance with the listing rules and, in particular,
listing rule 3.2.
Yes.
Yours sincerely
Mark Reilly
Managing Director
Murchison United N.L
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