Intrepid Mines Limited: First Tranche of Share Placement to Surya Paloh Completed

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Aug 16 2012	Intrepid Mines Limited: First Tranche of Share Placement to Surya Paloh Completed
BRISBANE, AUSTRALIA--(Marketwire - Aug. 16, 2012) - Intrepid Mines Limited ("Intrepid", the "Company") (TSX:IAU)(ASX:IAU) reports the completion of the share issue and the first of two potential tranches of performance rights regarding the previously announced placement of 27,680,017 ordinary shares of the Company's expanded issued capital, to prominent Indonesian businessman, Surya Paloh ("Subscriber") (see Intrepid announcement of 1 August 2012).


Source:http://www.marketwire.com/mw/release.do?id=1691521&sourceType=3

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