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CHALICE MINING LIMITED — Capital/Financing Update 2016
Jan 20, 2016
64649_rns_2016-01-20_7be213e4-b128-4c37-bd11-7257855f86e0.pdf
Capital/Financing Update
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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.
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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 Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: [email protected] www.chalicegold.com