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CHALICE MINING LIMITED — Capital/Financing Update 2020
Dec 14, 2020
64649_rns_2020-12-14_96d9bf8a-f17d-4bee-b2fb-3a6b409b7dab.pdf
Capital/Financing Update
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15 December 2020
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Settlement of key property purchases at Julimar
Chalice Mining Limited (“Chalice” or “the Company”, ASX: CHN | OTCQB: CGMLF) advises that further to the announcement dated 16 November 2020, settlement of the acquisition of three key private properties at its 100% owned Julimar-Nickel-Copper-PGE Project occurred today.
The properties, plus associated livestock and farming assets were acquired for consideration comprising $7 million in cash and 2,303,010 ordinary fully paid Chalice shares.
The land acquisition is considered an important milestone for the Project, as six rigs continue a significant step-out and resource definition drill program at the ~1.6km x >0.8km Gonneville Intrusion.
Authorised for release on behalf of the Company by:
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Alex Dorsch Managing Director
For further information, please visit www.chalicemining.com to view our latest corporate presentation, or contact:
Corporate Enquiries Media Enquiries Alex Dorsch Nicholas Read Managing Director Principal and Managing Director Chalice Mining Limited Read Corporate Investor Relations +61 8 9322 3960 +61 8 9388 1474 [email protected] [email protected]
Follow our communications: LinkedIn: chalice-mining Twitter: @chalicemining
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Doc ID 728855453/v1 Chalice Mining Limited ASX: CHN | OTCQB: CGMLF ABN 47 116 648 956 Level 2, 1292 Hay Street T: +61 8 9322 3960 [email protected] @chalicemining West Perth, Western Australia F: +61 8 9322 5800 www.chalicemining.com chalice-mining