| 14-Jul-2015 Four Mile Project - Sale to Quasar Resources | |
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ASX ANNOUNCEMENT
14 July 2015 ASX Code: AGS No. of pages: 1
FOUR MILE PROJECT
SALE TO QUASAR RESOURCES PTY LTD
Further to the announcement yesterday that Alliance Craton Explorer Pty Ltd (ACE) has agreed to sell its interest in the Four Mile Project to Quasar Resources Pty Ltd (Quasar), the Board of Alliance Resources Limited wishes to advise that the conditions of sale require ACE and Quasar to file a stay of the current proceedings in the Supreme Court of South Australia.
If shareholders approve the sale the proceedings will be withdrawn. If shareholders do not approve the sale either ACE or Quasar may apply for an order lifting the stay.
For and on behalf of the Board.
Bob Tolliday
Company Secretary
Doc ID 299617883/v1
Suite 3, 51-55 City Road
Southbank, VIC, 3006
P +61 3 9697 9090 F +61 3 9697 9091 [email protected] www.allianceresources.com.au
ABN 38 063 293 336
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Alliance Resources Ltd.
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DEVELOPMENT STAGE |
CODE : AGS.AX |
ISIN : AU000000AGS2 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alliance Res. is a gold development stage company based in Australia. Alliance Res. develops gold and uranium in Australia, and holds various exploration projects in Australia. Its main asset in development is FOUR MILE in Australia and its main exploration properties are WARRINA, EAST FROME and MALDON in Australia. Alliance Res. is listed in Australia. Its market capitalisation is AU$ 18.3 millions as of today (US$ 13.2 millions, € 12.9 millions). Its stock quote reached its highest recent level on February 24, 2012 at AU$ 0.62, and its lowest recent point on October 21, 2016 at AU$ 0.01. Alliance Res. has 104 290 000 shares outstanding. |