Murchison Metals Limited

Murchison Metals Ltd (ASX:MMX) (PINK:MUMTF) today lodged its Financial Report for the half year ended 31 December 2011.

Murchison Metals Ltd (ASX:MMX) announces significant changes to the Board of the Company following the successful completion of the Mitsubishi transaction.

Murchison has disposed of its interests in Crosslands Resources Ltd (Crosslands) and the Oakajee port and rail infrastructure projects to Mitsubishi Development Pty Ltd for AU$325 million in cash.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) advises that the conditions precedent to the Mitsubishi transaction ("Transaction") requiring the State of Western Australia to agree to assign the Oakajee State Development Agreement ("SDA") to Mitsubishi Development Pty Ltd, and the novation of two port related contracts (with Landcorp and the Geraldton Port Authority) have been satisfied (in the case of the SDA and Landcorp contract), or waived by Mitsubishi (in the case of the Geraldton Port Authority contract).

Murchison Metals Limited (ASX:MMX) releases a letter to Shareholders regarding a General Meeting of Shareholders of Murchison Metals which will be held at 10:00am (WST) on Monday 13 February 2012 to consider the proposed sale of the Company's interest in Crosslands Resources and the Oakajee Port and Rail infrastructure projects to Mitsubishi Development Pty Ltd.

Murchison Metals Limited (ASX:MMX) Quarterly Activities Report and Cashflow Statement for the quarter ended 31 December 2011. The highlights for the period are included.

Murchison Metals Limited (ASX:MMX) has been advised that the Western Australian Minister for the Environment, Mr Bill Marmion, has approved the Jack Hills Expansion Project under Part IV of the Environmental Protection Act 1986.

Pluton Resources Limited (ASX:PLV) are please to advise the appointment of Mr. Brett Clark as Chief Development Officer (CDO).

Murchison Metals Ltd (ASX:MMX) advises that a general meeting of Shareholders will be held at 10.00am (WST) on Monday 13 February 2012 at The Sutherland Room, City West Functions, 45 Plaistowe Mews, West Perth to consider the proposed sale of the Company's interests in Crosslands Resources Ltd

Murchison Metals Ltd (ASX:MMX) advises that the Government of Western Australia has confirmed that the State Development Agreement ("SDA") for the Oakajee Port and Rail ("OPR") infrastructure project will remain in force beyond 31 December 2011, subject to various amendments.