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| | Athlone Energy Ltd. - News Releases - Thu Oct 26, 2006 |
 | | Athlone Energy Ltd., ("Athlone" or the "Company") is pleased to announce that it has amended the number of units available for placement in the non-brokered private placement originally announced on October 3, 2005 from 2,200,000 units to 2,260,000 units at a price of $0.55 per unit for gross proceeds of $1,243,000. |
 | | Athlone Minerals Ltd., (the "Company") is pleased to announce that it has completed the second tranche of its brokered private placement announced on November 10, 2003, raising gross proceeds totaling $3,430,300 from the sale of 3,371,733 flow-through units at $0.75 per unit and 1,287,857 non-flow-through units at $0.70 per unit. |
 | | Athlone Minerals Ltd., (the "Company") is pleased to announce that it has completed the first tranche of its brokered private placement announced on November 10, 2003, raising gross proceeds totaling $1,209,395 from the sale of 1,356,000 flow-through units at $0.75 per unit and 274,850 non-flow-through units at $0.70 per unit. |
| www.athlone.com /s/NewsReleases.asp?page=0 (6481 words) |
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