re: acquisition of 100pc of vertex ADV in Saudi Arabia projects...

re: acquisition of 100pc of vertex ADV in Saudi Arabia projects via Vertex acquisition
09:44, Thursday, 21 December 2006

Sydney - Thursday - December 21: (RWE Aust Business News) - ADV
Group (ASX:ADS) will acquire Vertex. which holds interests in copper,
gold and other precious metal projects in Saudi Arabia.
Vertex is incorporated in Bahrain.
The consideration will be the issue of 342 million shares and 40m
20c options to Vertex and the payment of $200,000 in cash.
All shares and options issued will be escrowed for two years.
The acquisition is subject to ADV shareholder approval at a March
EGM.
The projects of interest include the Jabal Sayid copper project,
the Lahuf and Shayban gold projects, the Baydan zinc/gold project and
Wadi Kamal nickel/PGE project.