South West Pinnacle Exploration's Chairman to Subscribe AUD 1 Million in Alara Resources

South West Pinnacle Exploration Ltd's Chairman, Mr. Vikas Jain, has entered into a Subscription Agreement with Alara Resources Limited, Australia (ARL) to subscribe to the proposed issue of Placement shares. This decision comes after the Board of Directors of South West Pinnacle Exploration Limited approved the investment up to an amount of 1 million AUD in ARL. Mr. Jain, who is also a director on ARL's board and a shareholder holding approximately 9% equity shares in ARL, will subscribe to the Equity shares of ARL in the proposed issue of placement shares. This investment is subject to necessary approvals and regulatory frameworks in India.