FND Finders Res.

    Disclosure Notice
             



AIM Release
24 October 2008

The following Disclosure Notice was today made to the Australian
Securities Exchange ("ASX").

References to the Corporations Act 2001 are to Australian
Corporations & Securities Legislation.
DISCLOSURE NOTICe - (Corporations Act 2001 - s708A(6))

For release to the Market - Issue of Placement Shares
NAME OF ISSUER:       Finders Resources Limited
ASX CODE:                    FND
ABN:                                82 108 547 413

The Issuer named above notifies ASX, as required by subsection
708A(6) of the Corporations Act 2001, as the operator of the
prescribed financial market, of details of the issue of securities by
placement to selected sophisticated or professional investors
pursuant to offers made under ss708A(5) of the Corporations Act 2001:
Details of the securities issued


Class of securities:                                  ORDINARY SHARES
ASX Code of the securities:                                       FND
Date of the issue or expected issue             Date Number of Shares
of the securities:                   17 October 2008        1,725,000
                                     23 October 2008        6,925,020
Total number of securities issued or                        8,650,020
expected to be issued:


For and on behalf of the Issuer: Finders Resources Limited

Date: 24 October 2008              Name: Ian
Morgan                        Position held:  Company Secretary

 The above securities will or have issued without disclosure to
investors under subsection 708A(6) of Part 6D.2 of the Corporations
Act 2001 and as permitted in compliance with s708A.
1. This notice  is given  under ss  708A(6) of  the Corporations  Act
2001.
2. As at the date  of this notice, the  Issuer has complied with  the
provisions of Chapter 2M of the Corporations Act 2001 (as modified by
an ASIC declaration dated 1 July  2004) in application to the  Issuer
and the Issuer has complied with s674 of the Corporations Act 2001.
3. There is no 'excluded information' required to be set out in  this
notice by virtue of ss708A(7) and (8).
4. The securities referred  to above are  ordinary shares, being  ASX
quoted securities within the meaning of s708A(5) of the  Corporations
Act 2001 and have been trading on the ASX in the preceding 12  months
(in circumstances where trading has not been suspended for more  than
a total of 5 days in the preceding 12 months).
5. No exemptions under s111AS or  111AT of the Corporations Act  2001
cover the Issuer or any person  as director or auditor of the  Issuer
at any time in the 12 months preceding this notice.
6. Save as modified by the ASIC declaration of 1 July 2004, no  order
under s340 or 341 of the Corporations Act
7. Notices as respectively  required by ss708A(5)(e)  and (6) of  the
Corporations Act 2001 are to be provided to the ASX:
(i)    before the day on which any  sale offer is made to persons  to
acquire securities up to the number specified in this notice;  and
(ii)   within 5 business days after the day on which securities
issued to persons who acquired securities up to the number specified
in this notice.

For further information please contact:

Finders Resources Ltd:
Russell Fountain, Executive Chairman: +61 (0) 2 9211 8299
Chris Farmer, Managing Director: cbf@findersresources.com

RFC Corporate Finance Ltd - Nomad:
Stuart Laing: + 61 (0) 8 9480 2500

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.

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