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CRITICAL RESOURCES LIMITED — Capital/Financing Update 2019
Jun 24, 2019
64708_rns_2019-06-24_fd69ac3a-95c1-44b8-ba3a-0a0c67da1a23.pdf
Capital/Financing Update
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25 June 2019
ASX Announcements Office 152–158 St Georges Terrace Perth WA 6000 Australia
SALE OF NON-CORE SHAREHOLDING IN MARQUEE RESOURCES
Force Commodities Ltd ( Force or the Company ) ( ASX Code: 4CE ) confirms that it has completed the sale of its non-core shareholding in ASX-listed Marquee Resources Limited ( Marquee ) for gross proceeds of A$225,000.
The Company’s shareholding of 2,250,000 shares in Marquee was released from escrow on 14 February 2019 and has today been sold on-market. The Company still retains its holding of 750,000 listed options in Marquee.
The funds realised from the sale will be used to advance the recently announced commencement of exploration and development activities at the high-grade lead and silver Tshimpala Project in Malawi (refer ASX Announcement dated 25 June 2019).
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Contact:
Jason Brewer Managing Director Force Commodities Limited Tel: +61 (0) 8 9328 9368
David Tasker Chapter One Advisors Tel: +61 433 112 9036 Em: [email protected]
Force Commodities Ltd | Ground Floor, 20 Kings Park Road, West Perth, WA, 6005 | PO Box 1024 West Leederville WA 6007 Ph: +61 8 6426 1421 | F: +61 8 6323 3347 | web:forcecommodities.com.au | ABN 12 145 184 667 | ASX:4CE