Conquest Mining Limited

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) announces that it will increase its current takeover offer ("Offer") for North Queensland Metals Limited (ASX:NQM) ("NQM") by 5 cents cash per NQM share. NQM's founder, director and major shareholder, Mr Donald Walker, has agreed to accept the increased Offer in respect of a 19.9% shareholding in NQM.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) notes the announcements today by North Queensland Metals Limited (ASX:NQM) and Heemskirk Consolidated Limited (ASX:HSK) in relation to Heemskirk's proposed takeover offer for NQM.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) is pleased to announce the appointment of David Hewitt as Senior Exploration Manager.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) announces it intends to make an off-market takeover offer (the "Offer") for all of the shares in North Queensland Metals Limited (ASX:NQM). Under the terms of the Offer, Conquest will offer NQM shareholders 0.5 of a Conquest share plus 10 cents cash for every NQM share held, which values NQM at approximately A$58 million or A$0.29 per share.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) is pleased to advise that the Company has signed an "Agreement Relating to Native Title and Mining" with the Birri People for the Mt Carlton project.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) shareholders have today approved the appointment of new Executive Chairman Jake Klein and Non-Executive Directors Nicholas Curtis and James Askew.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) releases its Activities Report for the quarter ended 31 March 2010.

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) is pleased to announce that the Company has received encouraging metallurgical results from recent flotation testwork at its Silver Hill project in northern Queensland.

ABN Newswire stocks to watch today include: Marion Energy Limited (ASX:MAE) (PINK:MAEJF), Iron Road Limited (ASX:IRD), Conquest Mining Limited (ASX:CQT) (PINK:CQMLF), Pan Asia Corporation Limited (ASX:PZC), Clean Global Energy Limited (ASX:CGV), Texon Petroleum Limited (ASX:TXN), and AuDAX Resources Ltd (ASX:ADX) (PINK:ADXRF).

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) is pleased to announce that the Company has achieved an amicable agreement with Gold Fields Australasia (Gold Fields) to settle all disputed matters that have been under discussion between the companies as joint venture partners in the Mt Carlton Project.