Electronic ballistics technology working capital success.

http://www.metalstorm.com/index.html August 23, 2002 Metal Storm raises A$9.19 million (US$4.9 million) from private placement and announces Bonus Option Issue to all Shareholders ARLINGTON, VA – August 23, 2002: Metal Storm Limited (ASX code: MST and NASDAQ Small Cap: MTSX), a pioneer of electronic ballistics technology, is pleased to advise it has raised A$9,192,755 (approximately US$4.96 million) via a private placement of 14,142,700 ordinary shares at A$0.65 per share. Read More August 23, 2002 Prospectus - Issue of Bonus Options and Placement Options Metal Storm's Prospectus - Issue of Bonus Options and Placement Options, released to the market 23 August 2002, is available to view in pdf format 266kb click here BUY LTCG.pr.