CGA Mining Limited - On market buy-back program



    TORONTO, March 15 /CNW/ - CGA Mining Limited (the "Company") announced on
12 March 2007 that its Board of Directors has approved an on-market buy-back
programme of up to 12,026,443 million shares.
    The Company wishes to clarify that the buy-back will be conducted
exclusively through the facilities of the ASX from 14 March 2007 and the right
will continue for a 12 month period. The Company will not be purchasing shares
through the TSX.
    The Company has appointed Patersons Securities Limited to act as brokers
to the on-market buy-back programme. Canadian shareholders who wish to obtain
further information with respect to how to sell their shares through the
facilities of the ASX should contact their broker.
    %SEDAR: 00021775E




For further information:

For further information: Australian Contact, President & CEO, Michael
Carrick, Tel: +61 8 9263 4000, Fax: +61 8 9263 4020, Email:
mcarrick@cagl.com.au; US Contact, Chairman, Mark Savage Tel: (505) 344 2822,
Fax: (505) 344 2922, Email: marksavage@comcast.net

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CGA Mining Limited

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