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LONDON, U. The IFC will acquire a 7.5

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100.


Contact us:

London

Tim Read
Chief Executive Officer
T: +44 (0)20 7355 3552
F: +44 (0)20 7355 3554
E: london@adastramin. DUBLIN, Ireland, Research and Markets
(http://www.com/cgi-bin/prnh/20040820/RESEARCH )
The "Banking Guide to South Africa ", is the comprehensive + updated guide
to Banking + Financial Sector in South Africa.
The IPD Group's media monitoring and newsletter services are designed as
alternatives to high cost services such as Lexis-Nexis.

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K. As a result of the IDC and IFC option
exercises, Adastra's wholly owned subsidiary Congo Mineral Developments, will
receive approximately US$12 million in cash. From its founding in 1956
through FY04, IFC has committed more than $44 billion of its own funds and
arranged $23 billion in syndications for 3,143 companies in 140 developing
countries. IFC's worldwide committed portfolio as of FY04 was $17. Currency convertibility and
exchange control, supervision of financial institutions , important acts and
regulations are also covered in the report.uspoliticstoday.uspoliticstoday.S .com/pr


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0 Government of the DRC 100.

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5%


Following the exercise of the IFC and the IDC options, the share-
ownership of KMT will be as follows:

Capital Structure Shareholders Ownership

Class of % of KMT % of class % of KMT
Shares
A 5.com/news/Dubai-Port -Deal/pr

-- Bush Administration + Ports News --
http://www. It is published by the IPD Group which
specializes in media monitoring services.

anthem 55

International Finance Corporation to Exercise Kolwezi Option

, May 16 - Adastra Minerals Inc.8 65.49% copper and 0.

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org) is to promote sustainable private sector
investment in developing countries, helping to reduce poverty and improve
people 's lives.

Research and Markets: Banking Guide to South Africa

newscom.uspoliticstoday. "On the other end of the spectrum, companies such as Lexis-
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5%
Government of the DRC ("GDRC") 5.com/news/Bush-Administration-Ports/pr

About U.S.inboxrobot.

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0 5.0 12.5 Congo Mineral Developments 78.com /reports/c17825

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets .

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243
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management + their contact details) about all the banks + non banking
financial institutions in South Africa.

Why should you purchase this report?

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("Adastra" or "the Company") today announced that the World Bank Group's
Board of Executive Directors has approved a proposed investment by its private
sector arm, the International Financial Corporation (IFC), into Kingamyambo
Musonoi Tailings Sarl, (KMT).com


This News Release contains forward-looking statements within the meaning
of the United States Private Securities Litigation Reform Act of 1995
concerning the Company's plans for its principal properties in the Democratic
Republic of Congo ("DRC"). The user will not only benefit from the hundreds of
hours that went into the methodology and its application, but also from its
alternative perspective on market intelligence .

U.S. Politics Today Offers Extended News Coverage of Bush Administration's Deal to Hand Over Operations at Major U.S. Ports to Dubai Government-owned Company

Politics Today provides the most comprehensive and up-to-
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IDC 12. Isobel Clark of Geostokos Limited, a "qualified person" as defined by
the Canadian Securities Administrators' NI 43-101.
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"We see this decision by the World Bank Group as both a powerful
endorsement of the Project's robust economics and as another key component
of the Project's financial structure," said Tim Read, President and CEO of
Adastra.

About the Kolwezi Project
Adastra's Kolwezi Project consists of two dams containing 112.howarth@parkgreenmedia.researchandmarkets.com/pr
Indexing thousands of articles from over 25,000 online news sources and
news sections, U.

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KMT owns 100% of the Kolwezi Cobalt and Copper Tailings Deposits
("Kolwezi" or "the Project") in the Democratic Republic of Congo ("DRC"). "The IFC has joined the Industrial Development Corporation of South
Africa ("IDC") as both an equity investor and a potential lender when Kolwezi
reaches its development phase.0%
Gecamines , the DRC mining parastatal 12.

About Adastra
Adastra Minerals is an international mining company listed on the Toronto
Stock Exchange and on AIM, in London, under the symbol "AAA".com

North America

Martti Kangas
The Equicom Group
T: +1 416 815 0700 x. It also provides licensing
procedures for establishing a new bank. provides niche-focused Internet
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About the International Finance Corporation
The mission of IFC (http: //www.
Such a project would generate significant tax and foreign exchange earnings,
as well as providing local employment and contributing to the revival of the
DRC's copper belt infrastructure . Politics Today, http://www.uspoliticstoday.healthcareindustrytoday.

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for its own account and $5.S. Politics Today focuses on pre-set newsfeeds edited
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The current share-holdings in KMT, a DRC-registered company, are:

Congo Mineral Developments 82.5 billion held for participants in loan
syndications .

researchandmarkets. It provides details about the banking
structure, central bank, structure of the financial markets, money markets,
capital markets and foreign exchange markets.com
Fax: +353 1 4100 980


See:

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Moreover both these international organizations
believe strongly in Sustainable Development and recognize the important
social, environmental and macro-economic benefits that the Kolwezi Project
will bring to the region."
The IFC, as is also the case with the IDC, will acquire its shareholding
in KMT at a price based on the allowable expenditures on the Project up to
the date of exercising its option, and will pre-fund its proportion (based
on ownership of Class C shares) of the estimated costs of progressing the
Project to a financed go-ahead decision. IFC finances private sector investments in the developing
world, mobilizes capital in the international financial markets, helps clients
improve social and environmental sustainability, and provides technical
assistance and advice to governments and businesses. Adastra's growth strategy
emphasizes the creation of shareholder value through the development of
world-class resources in stable or stabilizing political environments .
"Google or Topix.S.

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1 10.0 Total 100.com

Justine Howarth / Cathy Malins
Parkgreen Communications
T: +44 (0)20 7493 3713
F: +44 (0)20 7491 3936
E: justine.com/reports/c17825 ) has announced the addition
of Banking Guide To South Africa to their offering.
U. Politics Today is a resource for political professionals and tracks
the latest news about every member of Congress, every member of the Bush
cabinet and inner circle, every federal agency, every governor, the political
happenings in every state, the most important campaigns and campaign issues,
and much more.com/pr
The Washington, DC-based IPD Group, Inc.net offer a form of free news," says David Rothstein, CEO
of the IPD Group.

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8 million
tonnes of oxide tailings, grading 1. These forward-looking statements are subject to a
variety of risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking statements,
including, without limitation, risks and uncertainties relating to political
risks involving the Company's operations in the DRC and the policies of other
nations and organizations towards companies doing business in such
jurisdictions, the inherent uncertainty of production and cost estimates and
the potential for unexpected costs and expenses , commodity price fluctuations,
the inability or failure to obtain adequate financing on a timely basis and
other risks and uncertainties, including those described in the Company's
Annual Report on Form 20-F for the year ended October 31, 2004 and Reports on
Form 6-K filed with the Securities and Exchange Commission. In addition it provides information on
important facts, overview of the economy, the political and legal system,
government structure, investment process, visa and permit requirements and
useful links., http://www.

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The primary audience for this report is managers involved with the highest
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The IPD Group's publications include:

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ifc. It is currently
developing several mineral assets in Central Africa, including the Kolwezi
Project and the Kipushi zinc mine in the DRC. We fit well in the niche-market
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5% equity interest
in KMT .0
IFC 9.32% cobalt, as determined
by Dr. Politics Today offers its readers extended news coverage
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This resource has the
potential to host one of the world's largest and lowest cost cobalt producers.com /pr
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