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AVIRA RESOURCES LTD — Capital/Financing Update 2016
Nov 14, 2016
64473_rns_2016-11-14_56997834-f9c8-4cbe-9cf2-23a7bbea6353.pdf
Capital/Financing Update
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MANYINGEE SALE OF TENEMENT AGREEMENT EXECUTED
ASX Announcement 15 November 2016
ASX CODE
Further to the ASX Announcement made on 21 July 2016, MGT Resources Limited (MGT) is pleased to inform shareholders that MGT Resources group of companies have signed a sale of tenement agreement with Paladin Energy Limited (Paladin) (ASX:PDN) group of companies in relation to a joint venture over the Manyingee Mining Leases (M08/86, M08/87 M08/88) (Manyingee Uranium Project) in North Western Australia.
The transaction is conditional on all relevant approvals and is subject to MGT financing.
MGT has received confirmation from the ASX that the proposed transaction will require shareholder approval under Listing Rule 11.1.2 and a notice of meeting will be circulated for the general meeting to approve the proposed transaction in due course.
ASX Release MGS 15 November 2016
REGISTRY
Computershare ASX CODE MGS
SHARES ON ISSUE 483,066,131 REGISTRY Computershare
SHARES ON ISSUE Tin Price: US$17,902/t 483,066,131 Gold Price: US$1,329oz U3O8 Spot Price: US$xx
MGT Resources Limited Suite 1305, Level 13, 109 Pitt Street Sydney NSW 2000 Australia MGT Resources Limited T: 61 2 9262 1122 Suite 1305, Level 13, F: 61 2 9299 5175 109 Pitt Street Sydney NSW 2000 www.mgt.net.au Australia [email protected]