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RAIDEN RESOURCES LIMITED — Capital/Financing Update 2013
Sep 1, 2013
65675_rns_2013-09-01_635094ac-61a6-4720-9dcc-e024d3d97b38.pdf
Capital/Financing Update
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ASX Announcement
Monday 2 September 2013
SubZero finalises repair, refurbishment and fabrication contract
SubZero Group Limited (ASX code: SZG) has finalised a significant contract for the on and offsite repair, refurbishment and fabrication of mining equipment components for one of their major resource customers in New South Wales.
The sales revenue from this contract is included in the contract revenue forecast of $130 million given in the ‘FY13 Results Announcement’, released on Friday 30 August 2013.
The contract term is three years and provides predominately new work for SZG’s Structural Support business unit. The works will be completed on the customer’s site and at SZG’s Muswellbrook facilities.
For further information:
Scott Farrell
Managing Director P: +61 2 6540 9400 F: +61 2 6540 9444 M: +61 438 251 699 E: [email protected]
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About SubZero Group Limited
The SubZero Group carries on an established mining service business based in the Hunter Valley, New South Wales. Its clients are almost exclusively involved in the Hunter Valley thermal coal mining industry. SubZero Group’s services include Mechanical Support (on and offsite mining machinery support), Structural Support (on and offsite engineering support) and Production Support (mining production support). SubZero has a presence in over 25 coal mines and over 90 clients including Rio Tinto, BHP Billiton and Xstrata. Further information can be found at the SubZero website: http://subzeroservices.com.au/
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SubZero Group Limited ABN 68 009 161 522 PO Box 561 Muswellbrook NSW 2333 | P: 02 6540 9400 | F: 02 6540 9444 www.subzeroservices.com.au