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AVIRA RESOURCES LTD — Capital/Financing Update 2015
May 4, 2015
64473_rns_2015-05-04_1e3bd1cd-9413-4812-b3d1-90e944fc84f2.pdf
Capital/Financing Update
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ASX ReleaseASX Announcement 5 May 2015
5 May 2015
DEED OF VARIATION FOR AUSKONG INTERNATIONAL MINING INVESTMENT CO., LIMITED
MGT Resources Limited has signed a Deed of Variation for the $1,500,000 Unsecured Convertible Note Deed with Auskong International Mining Investment Co., Limited, announced to the market on 19[th] December 2015 and approved by shareholders on 16[th] February 2015.
The parties have agreed to vary the terms of the Unsecured Convertible Note Deed to accommodate the extension of the Issue Date to, on or before 10[th] June 2015.
MGT Resources Limited has received 50% part payment of $750,000 on 30[th] April 2015, and a final payment of $750,000 will be received on or before 10[th] June 2015 when the Convertible Notes will be issued.
ASX CODE ASX CODE MGS MGS
REGISTRY REGISTRY Computershare Computershare
SHARES ON ISSUE
SHARES ON ISSUE 288,157,040 318,157,040
An Appendix 3B will be lodged once the notes are issued.
Tin Price: US$20,389/t Tin Price: US$15,966/t Gold Price: US$1,188oz
MGT
Resources Limited 2.05/68 York Street Sydney NSW 2000 MGT Australia Resources Limited 2.05/68 York Street T: 61 2 9262 1122 Sydney NSW 2000 F: 61 2 9299 5175 Australia T: 61 2 9262 1122 www.mgt.net.au F: 61 2 9299 5175 [email protected]
ABN: 38 131 715 645 www.mgt.net.au [email protected]
ABN: 38 131 715 645
Note: MGT Mining Ltd is 89.48% owned by MGT Resources Ltd. MGT Mining Ltd owns a number of tin tenements in the Mount Garnet region of Northern Queensland, as well as other tenements in Queensland which are prospective for gold.