Legend International Holdings Inc. (fka LGDIQ)

[SuperC]

re: LGDI .042 News today and 16th: http://ih.advfn.com/p.php?pid=nmona&article=55901781&symbol=LGDI

Legend International Holdings, Inc. Announces Partial Sale of Holding in Merlin Diamonds Limited
6:00a ET January 18, 2013 (Business Wire)

Legend International Holdings, Inc. (OTCBB:LGDI), ("Legend"), announces that it has entered into an agreement to sell 24 million ordinary shares (approximately 16.9%) in Merlin Diamonds Limited at a price of 21 cents per share which amounts to A $5.04 million. Closing will occur in 60 days. Following the closing, Legend will hold a 25.03% interest in Merlin Diamonds Limited.

Funds raised by the placement and from the rights issue will be used in the development of the phosphate operations, to retire debt and for working capital purposes.

Legend International Holdings, Inc.
Joseph Gutnick, +011 613 8532 2866
Chief Executive Officer
[e-mail]
Fax: [phone]
or
Peter Lee, +011 613 8532 2866
Chief Financial Officer
[e-mail]
Fax: [phone]
____________________________________________________________________

Legend International Holdings, Inc. Announces Share Placement and Rights Issue
10:00a ET January 16, 2013 (Business Wire)

Legend International Holdings, Inc. (OTCBB:LGDI), ("Legend"), announces that it has placed 150 million shares of Common Stock at a price of 5 cents per share raising $7.5 million.

Further, following the placement of shares, the Company intends to undertake a rights issue of shares of Common Stock on a pro-rata basis, to all stockholders, at 5 cents per share.

Funds raised by the placement and from the rights issue will be used in the development of the phosphate operations, to retire debt and for working capital purposes.