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Birimian Gold Ltd Finalizes Divestment Of Holdings In Aphrodite Gold Ltd And Peel Mining Limited


Tuesday, 28 Aug 2012 06:35pm EDT 

Birimian Gold Ltd announced that it has finalized the divestment of two non-core assets. The Company has sold its shareholding in Aphrodite Gold Ltd. Net proceeds from the sale were AUD 407,404. In addition, the Company previously divested the Apollo Hill Mining Lease (M39/296), situated in the Eastern Goldfields of Western Australia, to Peel Mining Ltd. Peel Mining Ltd issued 750,000 shares to the Company as consideration. The Company has now sold its shareholding in Peel Mining Limited for net proceeds of AUD 148,986 

Company Quote

0.016
0.0010 +6.67%
16 Apr 2014