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LIBERTY METALS LTD — Capital/Financing Update 2012
Mar 4, 2012
65234_rns_2012-03-04_0d689a5b-8c7b-482d-8d0b-54a91ee1d947.pdf
Capital/Financing Update
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Traka Resources Limited ABN 63 103 323 173
5 March 2012
ASX Shareholders Report
Company Announcements Office ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000
Sale to AML of some Ravensthorpe Project tenements
Enquiries regarding this announcement and company business may be directed to:
Patrick Verbeek Managing Director
Ground Floor 43 Ventnor Avenue West Perth 6005 Western Australia Tel: (+61) 8 9322 1655 Fax: (+61) 8 9322 9144
Web: www.trakaresources.com.au
Investor Enquiries: [email protected]
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ASX Code: “TKL”
The Company has disposed of a non-core asset comprising six mining tenements in the southern portion of the Company’s large holdings in the Ravensthorpe area (Figure 1) to Australasian Mining Ltd for the cash sum of $250,000.
The sale of these tenements, which no longer form a focus to the Company’s exploration endeavors, will allow concentration of Traka’s cash and resources on higher priority projects which include the Mt Short base metal Project to the north of the Company’s large tenement holdings at Ravensthorpe and the Musgrave Project in the centre of Western Australia.
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