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KGL RESOURCES LIMITED — Capital/Financing Update 2007
Nov 26, 2007
65179_rns_2007-11-26_3a1818f4-fe5c-4243-8a77-422548469084.pdf
Capital/Financing Update
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27[th] November 2007
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KENTOR GOLD LTD
ACN 082 658 080 Registered Office Level 3, 15 Queen Street, Melbourne Victoria 3000 Australia Phone: (03) 9621 1344 Email: [email protected]
Kyrgyz Republic Office 235/2 Erkindik Prospect, Bishkek Kyrgyz Republic 720739 Phone: +996 312 621 389 Email: [email protected]
ASX Announcement
KENTOR GOLD LIMITED INCREASES LAND POSITION IN THE NORTHERN TERRITORY
Dunmarra Uranium Limited (wholly owed by Kentor Gold Limited) has lodged three new exploration licence applications (ELA’s) in the Northern Territory (EL26516, EL26517 and EL26518). The new ELA’s are considered prospective for sandstone hosted uranium deposits.
Kentor Gold Limited (KGL) also wishes to advise that it will not be going ahead with the heads of agreement which it announced on the 23[rd] April 2007. As a result of the termination of the heads of agreement, KGL will no longer be issuing the securities referred to in the Appendix 3B dated 24 April 2007. Dunmarra Uranium Limited will also now remain 100% owned by KGL.
These changes increase the area under licence application in the Northern Territory to 6,000 square kilometres as shown in the following plan.
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For further information contact:
Mr Simon Milroy Managing Director Phone: (03) 9621 1344 Email: [email protected]
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