Cancellation of AIM Listing

RNS Number:4355N
Aztec Resources Limited
07 December 2006

Aztec Resources Limited

7 December 2006

                  Application for Cancellation of AIM Listing

Aztec Resources Limited (ASX & AIM Code: AZR) today announces that it has
applied to London Stock Exchange PLC to cancel the trading of its Ordinary
Shares and delist from AIM with effect from the end of trading on Friday
12 January 2007.

As has been announced, Mount Gibson Iron Limited (ASX Code: MGX) has now
acquired a relevant interest in over 60% of the issued capital of AZR via its
takeover offer that was launched on 24 July 2006. As a result of this and other
changed circumstances, AZR directors have unanimously recommended that
shareholders accept the MGX offer. On this basis, the Board of Aztec has
resolved to agree to MGX's request that AZR be delisted from AIM as soon as
practicable.

Following delisting from AIM, AZR's Ordinary Shares will remain tradeable on the
Australian Stock Exchange (ASX). To facilitate this trading on the ASX, AIM
shareholders will need to transfer their shares to the Australian register of
AZR. A copy of the transfer form can be downloaded at www.aztec.com.au. Any AIM
shareholders wishing to trade their shares on the ASX should consult their
stockbroker or professional advisor or trading can be facilitated by contacting
Macquarie Bank Limited on the contact details below:

Stuart Goddard
[phone]
Macquarie Bank Limited

For further information please contact:
Ian Gregory
Company Secretary
Aztec Resources Limited
Tel: [phone]



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