Metalsearch Limited announced that it has successfully completed its acquisition of 100% of the share capital in Abercorn Kaolin Pty Ltd, which owns the Abercorn High Purity Alumina ("HPA") Project ("Abercorn Project") located in Queensland, Australia. Following completion of the acquisition, highly experienced technical director, Mr. Keong Chan, a highly experience corporate executive, has joined the board. Mr. Bassett and Mr. Brewer have both resigned as directors. Mr. Bassett continues as company secretary.