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CAZALY RESOURCES LIMITED — Capital/Financing Update 2009
Sep 7, 2009
64609_rns_2009-09-07_e6cc62df-8712-476a-9c8d-59f4ee18aa3c.pdf
Capital/Financing Update
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ABN 72 008 915 311
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7 September 2009
The Company Announcements Office Australian Stock Exchange Limited www.asxonline.com
Dear Sirs
Settlement of Sale of Mt Caudan Tenement Interests
The Company is pleased to announce that the sale to Cazaly Iron Pty Ltd, a wholly owned subsidiary of Cazaly Resources Limited (ASX:CAZ), of the whole of Gondwana Resources Limited’s effective 15% interest in the Mt Caudan Iron Project has been settled.
The agreement for the sale of the Company’s tenement interests was first announced on 3 August 2009. The proceeds of sale received by the Company were $207,500 in cash and $655,000 in shares in Cazaly Resources Limited.
In the event of any queries please contact Warren Beckwith or Grant Donnes on telephone (08) 9388 9961 or email [email protected]
Yours faithfully
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Warren Beckwith Director
for Gondwana Resources Limited
ASX: GDA09-39
PO Box 2000, Subiaco, Western Australia 6904 Registered Office: 230 Rokeby Road, Subiaco, Western Australia 6008 Telephone:+61 8 9388 9697 Facsimile: +61 8 9381 1705 Enquiries: [email protected] Web: www.gondwanaresources.com