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Cape Lambert Resources Ltd Completes Sale Of Leichhardt Project

Monday, 8 Jul 2013 12:09am EDT 

Cape Lambert Resources Ltd announced that it has completed the sale of wholly owned subsidiary, Cape Lambert Leichhardt Pty Ltd, the holder the Leichhardt Copper Project. Pursuant to the terms of the transaction, the Company has received a total consideration of AUD14.75 million. Additionally, the Company will have AUD5.6 million of environmental and cash bonds returned to it over the next month plus transitional funding associated with the Leichhardt Project from May 1, 2013 until completion. 

Company Quote

27 Feb 2015