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EMMERSON RESOURCES LIMITED — Capital/Financing Update 2012
Nov 26, 2012
64876_rns_2012-11-26_eb606998-8aa2-4c86-b125-e050cb57c5e3.pdf
Capital/Financing Update
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MARKET RELEASE
27 November, 2012
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Ivanhoe completes acquisition of 51% interest in Emmerson Joint Venture Tenements
MELBOURNE, AUSTRALIA – Ivanhoe Australia Limited (IVA:ASX/TSX), announces that it has finalised its acquisition of the 51% interest in certain Emmerson Resources Limited’s (“Emmerson”) tenements in the Tennant Creek region.
Under the terms of the joint venture agreement entered into in 2009, Ivanhoe Australia was required to spend $18 million on exploration work on the joint venture tenements to earn its 51% interest. This expenditure level was confirmed in November 2012.
| For further information, please contact: | For further information, please contact: |
|---|---|
| Stephen Nossal | Karen McRae |
| Senior VP Corporate Development | Manager Investor Relations |
| Telephone: +61 3 9090 8800 | +61 3 9090 8800 |
| [email protected] | [email protected] |
This information is available on our website: www.ivanhoeaustralia.com
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