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ABN 47 116 648 956
ASX Announcement 21 January 2016
Receipt of deferred consideration
Chalice Gold Mines Limited (ASX: CHN, TSX: CXN) ("Chalice" or the "Company") is pleased to advise that it has received the deferred consideration of US$2 million from China SFECO Group following first gold pour from the Zara Gold Project in Eritrea.
The US$2 million represents the final tranche for the sale of Chalice's interest in the Zara Gold Project.
TIM GOYDER
Managing Director
For further information, please contact:
Tim Goyder Managing Director
Chalice Gold Mines Limited Telephone +61 8 9322 3960
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Chalice Gold
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DEVELOPMENT STAGE |
CODE : CHN.AX |
ISIN : AU000000CHN7 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Chalice is a gold development stage company based in Australia. Its main asset in development is KOKA (ZARA GOLD) in Eritrea and its main exploration properties are WILGA, YANDEEARRA and GNAWEEDA in Australia. Chalice is listed in Australia. Its market capitalisation is AU$ 324.5 millions as of today (US$ 218.2 millions, € 196.9 millions). Its stock quote reached its lowest recent point on December 19, 2014 at AU$ 0.10, and its highest recent level on November 12, 2021 at AU$ 9.95. Chalice has 261 680 000 shares outstanding. |