Electronic ballistics technology working capital success.

[Matthew X]

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.