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Result of EGM - Amendment

23 April 2007

The issuer has advised that the following amendment, under dealings and trading,
has been made to the Results of Extraordinary General Meeting announcement
released today under RNS number 3293V at 11.31 a.m.

Application has been made to the London Stock Exchange for 365,220,000 ordinary
shares of 0.25p each to be re-admitted to trading on AIM. Re-Admission of the
Enlarged Group to trading on AIM is expected to take place at 8 a.m. on 24 April
2007.

Application has been made to the London Stock Exchange for the 8,330,000
Consideration Shares and 24,250,000 Consortium Shares to be admitted to trading
on AIM on 30 April 2007.





                 Davos Resources plc ('Davos' or 'the Company')



                    Results of Extraordinary General Meeting

                                 23 April 2007



              Acquisition of Central Norseman Gold Corporation Ltd

   Issue of 8,330,000 Consideration Shares, 24,250,000 Consortium Shares and
                               26,000,000 Options

        Placing of 220,000,000 New Ordinary Shares at 10 pence per share

                         Re-Admission to trading on AIM

                      Change of name to Norseman Gold plc



At the Extraordinary General Meeting of the Company held today, all resolutions
were duly passed.



Further to the announcement of 29 March 2007, the Company has completed a
placing to acquire Central Norseman Gold Corporation Ltd ("CNGC"), the owner and
operator of the Norseman gold mine, Australia's longest continually running gold
operation, which has produced in excess of 5.5 million ounces of gold since
1937.  To fund the acquisition and provide working capital for the mine, the
Company has raised £22 million (before expenses) through the issue of
220,000,000 placing shares at 10 pence per share.



The Company will also be renamed Norseman Gold plc (AIM Ticker: NGL) with effect
from 24 April 2007.



Commenting on the result, director David Steinepreis said, "This is a very
exciting project for us, which I believe will reward our investors.  The
Norseman mine has an established production history and solid infrastructure
including a fully operational plant on-site.  It is a cash positive high-grade
producing mine, targeting 90,000 oz gold for 12 months to June 2007 and
increasing to 150,000 oz gold by 2010.  Importantly, there is significant
expansion potential and a defined exploration programme to extend mine life is
already in place. Additionally, we will continue to look for further acquisition
opportunities to utilise fully our strong management team's expertise in mine
development and restructuring."



Final terms of the CNGC Acquisition



Under the terms of the CNGC Acquisition Agreement, the Company has conditionally
agreed to acquire the entire issued share capital of CNGC for a total
consideration of:

•      A$44 million in cash;

•      A$2 million to be satisfied by the issue of 8,330,000 Ordinary Shares at
       10 pence per share; and

•      A$20 million to be satisfied by the issue of the Convertible Loan Notes.



The acquisition of CNGC is expected to complete on 30 April 2007 pursuant to the
share sale agreement with the Company.



Dealings and trading



Application has been made to the London Stock Exchange for 365,220,000 ordinary
shares of 0.25p each to be re-admitted to trading on AIM. Re-Admission of the
Enlarged Group to trading on AIM is expected to take place at 8 a.m. on 24 April
2007.



Application has been made to the London Stock Exchange for the 8,330,000
Consideration Shares and 24,250,000 Consortium Shares to be admitted to trading
on AIM on 30 April 2007.





For further information please contact:


David Steinepreis             Davos Resources Plc               07913 402727
Olly Cairns/Romil Patel       Blue Oar Securities Plc           020 7448 4400
Guy Wilkes                    Ocean Equities Ltd                020 7786 4370
Hugo de Salis                 St Brides Media & Finance Ltd     020 7242 4477



                      This information is provided by RNS
            The company news service from the London Stock Exchange