Update on New Major Shareholder and Botswana Exploration
China Growth Minerals Limited (CGM) has acquired an initial 5.92 million shares in Impact with an option to acquire a further 5.92 million shares within six months.

The acquisition is a long-term investment by CGM based on Impacts uranium portfolio in Botswana.
Impacts Botswana exploration programme is proceeding on schedule with eighteen identified targets with a combined strike length of more than 400 km.

Large soil geochemistry programmes are underway on five priority targets.

Drilling is intended on at least two of the targets before year end.
A copy of the full announcement released to the ASX this morning is attached, or alternatively visit our website at:
www.impactminerals.com.au
Regards Erna Stein Business Administrator
Tel (08) 6454 6666 Fax (08) 6454 6667 Mob 0404 316 178 Email Web www.impactminerals.com.au
Address 309 Newcastle Street, Northbridge, Western Australia, 6003
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