Focus Minerals Limited (ASX: FML) and Crescent Gold Limited (ASX: CRE, TSX: CRA) are pleased to announce that Directors of Crescent now have all provided acceptances in respect of shares held or controlled by them in respect of the recommended off-market takeover offer for Crescent ("Offer"). Focus is offering 1 Focus share for every 1.18 Crescent Shares, representing a 30.5% premium based on the closing prices of Crescent shares and Focus shares on 17 June 2011, the last trading day prior to the announcement of the Offer.

The Offer opened on Thursday 30 June 2011. Directors Accept In keeping with their view that the Focus Offer provides an attractive outcome for Crescent shareholders, the Crescent Directors have now accepted the Offer in respect of all Crescent Shares that they hold or control. The Crescent Board has unanimously recommended that, in the absence of a superior proposal, ALL CRESCENT SHAREHOLDERS SHOULD ALSO ACCEPT THE OFFER.


Questions can be directed to: Mark Tory or Renee Brickner Managing Director
Geologist, Corporate Communications N.A Perth, Australia
Vancouver, BC Ph: +61 8 6380 7100
Ph: +1-604-802-6806
To Unsubscribe simply reply to this email with the words "Unsubscribe" in the Subject line. -- Message protected by MailGuard: e-mail anti-virus, anti-spam and content filtering. http://www.mailguard.com.au