Citigold Corporation Ltd (“Citigold”) is a growing gold producer in Australia and controlling Australia’s richest major goldfield located at Charters Towers in north Queensland, has ventured into India through Khandwala Securities Limited. They are offering an opportunity to the Indian investors to actually co-own an operational gold mine in Australia and invest in Gold Bank. Khandwala Securities have been appointed as global advisors for Citigold, listed on Australian Securities Exchange (“ASX”) with a price of around 0.40 AUD and a Market Capitalization of more than 240 million AUD. In a volatile market, where prices are uncertain for different asset classes like equities, debt and real estate, owning a piece of gold will be an interesting proposition.%% Citigold has also announced its half yearly results for 31st December 2007. The gross profit for the period was more than AUD$ 3 million and EBITDA was also positive at AUD129,145 with a revenue jump of over 130%. The half yearly gold production for Dec’ 07 production increased over 100% compared to the full year ended 30th June 2007 when production first commenced.%% Citigold's net assets have increased by 4 percent in 2007. The company remains debt free and unhedged. The company’s reserves certified by JORC (Joint Ore Resources Committee) are at 10 million ounce. The mines have a, potential to increase till 50 million ounce.%% The company is known for making the trophies given out at the Zee Cine Awards for more than last 3 years.

Citigold Corporation Ltd (“Citigold”) is a growing gold producer in Australia and controlling Australia’s richest major goldfield located at Charters Towers in north Queensland, has ventured into India through Khandwala Securities Limited. They are offering an opportunity to the Indian investors to actually co-own an operational gold mine in Australia and invest in Gold Bank. Khandwala Securities have been appointed as global advisors for Citigold, listed on Australian Securities Exchange (“ASX”) with a price of around 0.40 AUD and a Market Capitalization of more than 240 million AUD. In a volatile market, where prices are uncertain for different asset classes like equities, debt and real estate, owning a piece of gold will be an interesting proposition.%% Citigold has also announced its half yearly results for 31st December 2007. The gross profit for the period was more than AUD$ 3 million and EBITDA was also positive at AUD129,145 with a revenue jump of over 130%. The half yearly gold production for Dec’ 07 production increased over 100% compared to the full year ended 30th June 2007 when production first commenced.%% Citigold's net assets have increased by 4 percent in 2007. The company remains debt free and unhedged. The company’s reserves certified by JORC (Joint Ore Resources Committee) are at 10 million ounce. The mines have a, potential to increase till 50 million ounce.%% The company is known for making the trophies given out at the Zee Cine Awards for more than last 3 years.