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PERSEUS MINING LIMITED — Capital/Financing Update 2008
Jul 20, 2008
46513_rns_2008-07-20_9cd2c5a9-b1f0-46c0-8bc3-0adf635ee286.pdf
Capital/Financing Update
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ASX RELEASE 21 July 2008
SPIN OUT OF KYRGYZ ASSETS COMPLETE
Perseus Mining Limited (ASX:PRU) advises that its previously announced spin out of its mineral assets in the Kyrgyz Republic has now been completed.
Manas Resources Limited (ASX:MSR) has acquired all of Perseus’s mineral assets in the Kyrgyz Republic and completed a $6 million capital raising. Perseus shareholders had a priority entitlement to the offer of shares by Manas and a large number of Perseus shareholders have subscribed to Manas shares.
Following the close of Manas’ public share offer, Perseus now has a 42% interest in Manas.
ASX quotation of Manas shares will commence tomorrow, Tuesday, 22 July 2008.
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Mark Calderwood Managing Director
To discuss any aspect of this announcement, please contact Richard Taylor at telephone +61 8 9240 6344, mobile 0422 811 350 or email [email protected]
Perseus Mining Limited ABN 27 106 808 986 30 Ledgar Road, Balcatta, Western Australia 6021 PO Box 717 Balcatta WA 6914 Telephone: (618) 9240 6344 Facsimile: (618) 9240 2406 Email address: [email protected] Website: www.perseusmining.com