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ASX ANNOUNCEMENT 20 OCTOBER 2014
EXTENSION TO SALE AGREMEENT FOR WELD RANGE METALS LIMITED
Further to its announcement of 7 October 2014, Dragon Mining Limited advises that it has agreed to extend the date for fulfilment of the conditions precedent to the Share Buy Back Agreement ("Agreement") with Weld Range Metals Limited ("Weld Range") to 24 October 2014.
The Company will provide an update on completion of the Weld Range buy back in due course.
For and on behalf of
Dragon Mining Limited
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Dragon Mining NL
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PRODUCER |
CODE : DRA.AX |
ISIN : AU000000DRA1 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Dragon Mining is a nickel and gold producing company based in Australia. Dragon Mining develops nickel, gold and copper in Australia, in Eritrea and in Finland, and holds various exploration projects in Australia, in Finland and in Spain. Its main assets in production are SVARTLIDEN in Sweden and ORIVESI in Finland, its main assets in development are VAMMALA, PAMPALO and KUUSAMO in Finland, WELD in Australia and ZARA in Eritrea and its main exploration properties are ASHBURTON and WELD RANGE in Australia, KAAPELINKULMA, RITAKALLIO, TAMMIJÄRVI, SUKSETON, HANHIMAA, KUHMO and KYLYLAHTI in Finland and LUGO in Spain. Dragon Mining is listed in Australia and in Germany. Its market capitalisation is AU$ 173.2 millions as of today (US$ 116.8 millions, € 105.1 millions). Its stock quote reached its lowest recent point on December 12, 2014 at AU$ 0.08, and its highest recent level on July 23, 2021 at AU$ 4.69. Dragon Mining has 88 840 000 shares outstanding. |