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Castle Minerals Limited
27 April 2016
ASX Announcement
ASSIGNMENT OF JULIE WEST SALE AGREEMENT
Castle Minerals Limited (ASX:CDT) has consented to the assignment of the right to acquire the Julie West project from Bunda Resources Pty Ltd to Azumah Resources Ltd (ASX:AZM).
The terms of the sale of Julie West was set out in the Company's ASX release dated 28 September 2015. The commercial terms have substantially remained the same save for a 12 month extension to complete if required. The covenants and agreements of the parties contained in or implied by the Put Option and Sale Deed otherwise remain in full force and effect.
The Company was satisfied that the assignment would provide a greater probability that the transaction would complete and for the Company to receive the final payment due and royalty.
Ian Hobson
Director & Company Secretary
2/11 Ventnor Ave, West Perth WA 6005
PH: +618 9322 7018 E: [email protected] www.castleminerals.com
ACN 116 095 802
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Azumah Resources Limited
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EN DÉVELOPPEMENT |
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CODE : AZM.AX |
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ISIN : AU000000AZM5 |
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Azumah Res. est une société d’exploration minière d'or basée en Australie. Son principal projet en développement est WA au Ghana et ses principaux projets en exploration sont KUNCHE et BEPKONG au Ghana. Azumah Res. est cotée en Australie. Sa capitalisation boursière aujourd'hui est 18,6 millions AU$ (12,4 millions US$, 11,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 05 novembre 2010 à 0,83 AU$, et son plus bas niveau récent le 02 août 2019 à 0,01 AU$. Azumah Res. possède 582 569 984 actions en circulation. |