Mayfield Participants BV - Report re common shares of CGA Mining Limited



    Pursuant to National Instrument 62-103

    TORONTO, July 18 /CNW/ - Mayfield Participants BV (the "Offeror"), 3012
CL Rotterdam, the Netherlands, Schouwburgplein 30-34, announced that on
October 26, 2007, through a series of corporate transactions, it acquired (the
"Acquisition") all of the issued and outstanding common shares (the "Toowong
Shares") in the capital of Toowong Mining BV ("Toowong") from Thistle Mining
Inc. ("Thistle") and became 50% owned by each of MC Resources Limited
("Meridian") and Casten Holdings Limited ("Casten"). The Offeror, however, was
not and is not controlled by either Meridian or Casten. As a result of the
Acquisition, the Offeror acquired the right to exercise control or direction
over 40,985,538 ordinary shares (each a "CGA Share") of CGA Mining Limited
(the "Issuer") owned by Toowong, which were previously controlled by Thistle,
being 25.4% of the issued and outstanding CGA Shares as at October 26, 2006.
    On November 22, 2007, Toowong acquired, pursuant to a private placement
from the treasury of the Issuer, 10,700,000 additional CGA Shares (the
"Private Placement"), being 5.10% of the issued and outstanding CGA Shares as
at November 22, 2007 after giving effect to the Private Placement, pursuant to
which the Issuer issued an aggregate of 48,200,000 CGA Shares. After giving
effect to the Private Placement and including the additional CGA Shares issued
pursuant to thereto, the Offeror had the right to exercise control or
direction over 51,685,538 CGA Shares owned by Toowong, being 24.6% of the
issued and outstanding CGA Shares as at November 22, 2007.
    As of the date hereof, the Offeror exercises direction or control over
51,685,538 CGA Shares owned by Toowong, being 22.2% of the issued and
outstanding CGA Shares. There are no joint actors in respect hereof and the
Issuer is not controlled by either of Meridian or Casten. The Offeror may,
depending on market and other conditions, increase or decrease its beneficial
ownership, control or direction over common shares or other securities of the
Issuer, through market transactions, private agreements, treasury issuances,
exercise of convertible securities or otherwise.




For further information:

For further information: or for a copy of the corresponding early
warning report, contact Paul A. Marchand, tel: +44 20 7494 6060

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MAYFIELD PARTICIPANTS BV

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