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KINGSROSE MINING LIMITED — Capital/Financing Update 2011
Jan 27, 2011
65202_rns_2011-01-27_1363585a-d380-4caa-8019-16ec8707c918.pdf
Capital/Financing Update
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Kingsrose Mining Limited
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28 January 2011
The Manager Announcements Company Announcements Office Australian Stock Exchange Limited PO Box H224 Australia Square SYDNEY NSW 2000
Dear Sir/Madam
Vendor Loan Repayments
The Directors wish to announce the repaying of two vendor loans representing principal and interest totalling $2,252,712 to Zelman Pty Ltd ($1,124,985) and Goldcrest Pty Ltd ($1,127,727) pursuant to the terms of the Share Purchase Agreement dated 26 November 2008, which was approved by shareholders in general meeting on 21 January 2009.
These loans related to the acquisition of the Way Linggo Gold Project.
Yours faithfully KINGSROSE MINING LIMITED
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JEANNETTE P. SMITH COMPANY SECRETARY
Suite 9, Level 2, 12‐14 Thelma Street West Perth Western Australia 6005
Kingsrose Mining Limited ABN 49 112 389 910
T: +61 8 9486 1149 F: +61 8 9486 1151 E: [email protected]