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ADVANTAGE TELECOMMUNICATIONS LIMITED (ATC)

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name changed to Consolidated Global Investments Limited11/06/2004
company advises that at a duly convened General Meeting of the members of the company which took place today in Perth, all resolutions were passed31/05/2004
issues 18m shares in a conversion of debt to equity transaction01/04/2004
company advises it is to restructure or close down the loss making operating subsidiary companies and develop new business or acquire profitable operations that may also use the technology and value added applications of GlobeTel Communications Corp (GTel) - through the issue of 16.5 million GTel shares as part of the modified agreement between the Company and GTel, the asset base of the company will be enhanced by approximately $3.7m - GTel is to use its best endeavours to assist in relisting the company's shares on ASX04/02/2004
as this company is not in administration we are not monitoring its activities - however we recommend shareholders read Pierpont's article in the AFR of 9 January 2004 - this article can be viewed at http://www.pierpont.com.au after about 20 Jan13/01/2004
name changed from Nugold Hill Mines Limited24/01/2002

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