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IRON BEAR RESOURCES LTD — Capital/Financing Update 2018
Feb 18, 2018
65091_rns_2018-02-18_5966fcd7-c785-42c9-8b9d-bd48b0a4356d.pdf
Capital/Financing Update
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ASX Announcement 19 February 2018
$1m Sale of Mayoko Royalty Completed
Australian resources and investment company, Cape Lambert Resources Limited (ASX: CFE) ( Cape Lambert or the Company ) is pleased to update the market regarding the sale of its 100% owned royalty in the Mayoko iron ore project ( Mayoko Project ). The Company has received A$500,000 in cash with the remaining A$500,000 to be received as a deferred consideration.
Yours faithfully Cape Lambert Resources Limited
Cape Lambert Resources Limited (ASX: CFE) is a fully funded mineral development company with exposure to iron ore, copper, gold, uranium, manganese, lithium and lead-silverzinc assets in Australia, Europe, Africa and South America.
Australian Securities Exchange Code: CFE
Ordinary shares 873,625,369
Unlisted Options 23,500,000 ($0.05 exp 31 Dec 2018)
Board of Directors
Tony Sage Executive Chairman
Tim Turner Non-executive Director
Tony Sage Executive Chairman
Stefan Muller Non-executive Director
Jason Brewer Non-executive Director
Melissa Chapman Company Secretary
Cape Lambert Contact
Investor Relations Phone: +61 8 9380 9555 Email: [email protected]
www.capelam.com.au
Cape Lambert Resources Limited ABN 71 095 047 920 Corporate - 32 Harrogate Street, West Leederville WA 6007