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GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2013
Mar 25, 2013
65003_rns_2013-03-25_f3f949da-24d5-4af4-b4f9-c5eb7180ee5f.pdf
Capital/Financing Update
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ASX RELEASE
26 March 2013
For immediate release to the market
Execution of Lump Sum Contract
GR Engineering Services Limited (ASX:GNG) ( GR Engineering ) is pleased to announce that it has executed a subcontract with Leighton Contractors Pty Limited for process and engineering design, construction and commissioning works at Whyalla in South Australia.
GR Engineering will commence the work under the contract immediately, with the project scheduled to be completed in December 2013. The project value is consistent with the formulation of GR Engineering’s forecast earnings for FY13.
Ends.
For further information:
| Geoff Jones | Media Enquiries |
|---|---|
| Chief Operating Officer | Sara Clafton |
| Clafton Counsel | |
| (08) 6272 6000 | +61 414 300 095 |
| [email protected] | [email protected] |
GR Engineering Services Limited (ASX:GNG) is an engineering, consulting and contracting company specialising in fixed price engineering design and construction services to the resources and mineral processing industry.
Founded in Perth, Western Australia in 2006, GR Engineering has rapidly grown through the completion of design and construction projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project.
GR Engineering has undertaken feasibility studies for projects in over 20 countries. These studies play a key role in delivering organic growth opportunities through their conversion into design and construction projects.
GR Engineering directly employs approximately 260 professional and support staff at its offices in Perth, Kalgoorlie and Brisbane in addition to its direct construction workforce and subcontractors.
GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: [email protected] Website: www.gres.com.au PO Box 258, Belmont WA 6984 179 Great Eastern Highway, Belmont WA 6104