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MATSA RESOURCES LIMITED — Capital/Financing Update 2012
Jul 31, 2012
65296_rns_2012-07-31_3d850823-7b5e-419d-bac5-fbaae8aa3b48.pdf
Capital/Financing Update
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Matsa Resources Limited – July 2012
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LIMITED
ABN 48 106 732 487
ASX Announcement
1 August 2012
Update on Mt Henry Gold JV
Matsa Resources Limited (“Matsa” or “the Company” ASX:MAT) is pleased to announce Ministerial Consent for the transfer of the mining leases held at its Mt Henry Gold Project to the JV with Panoramic Resources Limited (ASX:PAN) has been granted, subject to the usual statutory requirements.
A shareholder general meeting will be held on August 14[th] 2012 to approve the sale of Matsa’s 70% interest in the Mt Henry Gold Project to Panoramic.
CORPORATE SUMMARY
Executive Chairman
Paul Poli Director
Frank Sibbel Director & Company Secretary Andrew Chapman Shares on Issue 131.17 million Unlisted Options 10.1 million @ $0.273 - $1.00 Top 20 shareholders Hold 56.2% Share Price on 31 July 2012 18.0 cents Market Capitalisation $23.61 million
Head Office: Suite 11, 139 Newcastle Street, Perth Western Australia 6000 Bangkok Office: Unit 1808, Pacific Place 2, Sukhumvit Road, Klongtoey, Bangkok [email protected] www.matsa.com.au
Tel : +61 8 9230 3555 Fax: +61 8 9227 0370 Tel : +66 0 2653 0258 Fax : +66 0 2653 0258
Matsa Resources Limited – July 2012
About Matsa:
Matsa is an ASX listed exploration and development company based in Western Australia. The Corporate office is located in Perth with offices in Norseman and Bangkok, Thailand.
The Company recently signed a Joint Venture agreement with Panoramic Resources Ltd (ASX:PAN) providing significant cash and liquid assets. Matsa aims to increase shareholder wealth through the discovery and development of mineral properties within Australia and South East Asia.
It is committed to developing its Mt Henry Gold Project to generate cash flow for shareholder benefit.
For further Information please contact:
Paul Poli Executive Chairman
Phone +61 8 9230 3555 Fax +61 8 9227 0370 Email [email protected] Web www.matsa.com.au
Thomas Murrell Media
Phone +61 417 984 996 Email [email protected]
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