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LITHIUM UNIVERSE LIMITED — Capital/Financing Update 2017
Aug 20, 2017
65275_rns_2017-08-20_5c210ea3-f112-4455-a33e-560c8ca9bd6e.pdf
Capital/Financing Update
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21 August 2017
The Manager Company Announcements Office ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000
Sale of Non-Core Tenements
Esports Mogul Asia Pacific Limited (“ the Company ”) advises that it has entered into a Share Sale and Purchase Agreement ( SSPA ) and Tenement Sale Agreement ( TSA ) in relation to the sale of non-core mining tenements.
Share Sale and Purchase Agreement
Under the SSPA, the Company’s wholly owned subsidiary Pilbara Commodities Pty Ltd ( Pilbara ), which owns 100% of Commodite Resources Pty Ltd ( Commodite ) will be sold for a total cash consideration of $75,000.
Pilbara owns 100% of Exploration Licence 47/2855 and Commodite owns 100% of Exploration Licence 47/2606.
Tenement Sale Agreement
Under the TSA, an Exploration Licence 47/3082 will be sold for a total cash consideration of $10,000.
The transfer of the Exploration Licence under the TSA will require Ministerial Consent.
-Ends-
For further information, please contact:
Gernot Abl Managing Director eSports Mogul Asia Pacific Limited T: +61 419 802 653 E: [email protected]
George Lazarou Company Secretary eSports Mogul Asia Pacific Limited T: +61 (08) 9429 8875 E: [email protected]
Media and Investor Inquiries James Moses Mandate Corporate T: +61 420 991 574 E: [email protected]
PO BOX 940, West Perth, WA 6872 T: +61 8 9429 8875 F: +61 8 9429 8888 E: [email protected] www.esportmogul.com