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Warrants Alert

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Address: 2500 - 120 Adelaide St W
Toronto ON M5H 1T1
Phone: 416 777 6772
Fax: 416 352 5693
Website -
Warrant Symbol - ZAZ.WT
Number Trading - 3,285,714
Expiration Date - Dec. 19, 2012
Cusip - 989197 11 6
Exercise Price - $2.25

Warrants called to trade news:

Zazu Metals to list on TSX on Dec. 19
2007-12-17 19:20 MT - New Listing
TSX bulletin 2007-1771
An application has been granted for the original listing in the mining category of up to 42,133,886 common shares and up to 3,285,714 common share purchase warrants of the company, of which up to 11,065,857 common shares and up to 2,857,143 warrants will be issued and outstanding, and up to 31,068,029 common shares and up to 428,571 warrants will be reserved for issuance upon completion of a public offering.

Listing of the common shares and warrants will become effective at 5:01 p.m. on Tuesday, Dec. 18, 2007, in anticipation of the closing of the offering on Wednesday, Dec. 19, 2007. The common shares and the warrants, other than those which have not been distributed to the public, will be posted for trading at the open on Wednesday, Dec. 19, 2007.

The company is subject to the reporting requirements of Section 501 of the TSX company manual.

Additional information on the common shares and warrants may be found in the company's prospectus dated Dec. 12, 2007, which is available at Capitalized terms not otherwise defined are as defined in the final prospectus.
Common share symbol:  ZAZ
Common share Cusip No.:  989197 10 8
Common share trading currency:  Canadian dollars

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