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ESTRELLA RESOURCES LIMITED — Capital/Financing Update 2018
Apr 29, 2018
64878_rns_2018-04-29_d673fe85-c13e-459a-9427-4ab22bfdf42e.pdf
Capital/Financing Update
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Estrella Resources Limited
COMPLETION OF SALE – MT EDWARDS LITHIUM RIGHTS
ABN 39 151 155 207
ASX RELEASE 30 April 2018
ASX Code: ESR
Board and Management
Chief Executive Officer Christopher Daws
Non-Executive Directors John Kingswood Ray Shorrocks Stephen Brockhurst
Estrella Resources Limited ( ASX: ESR ) (‘Estrella’ or ‘Company’) is pleased to announce that further to its announcement of 15 March 2018, the Company has completed the sale of its Mt Edwards Lithium rights which included the disposal of 100% interest in Mt Edwards Lithium Pty Ltd and 25% of its Lithium Rights within M15/87 held by WA Nickel Pty Ltd (a 100% owned subsidiary of Estrella) to the ASX listed company, Neometals Limited ( ASX: NMT ).
Estrella confirms the receipt of $700,000 as detailed under the Conditional Binding Agreement it executed with Neometals Limited.
ENDS
Company Secretary Stephen Brockhurst
For Further Information Contact
Registered Office
Level 11, London House 216 St Georges Terrace Perth WA 6000
Christopher J. Daws Chief Executive Officer
E-mail:[email protected]
Postal Address GPO Box 2517 Perth WA 6831
Telephone: +61 8 9481 0389 Facsimile: +61 8 9463 6103