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Bass Metals Ltd Terminates Share Sale Agreement With LionGold Corp Ltd; To Commence Legal Action Against LionGold Corp. Ltd


Wednesday, 12 Sep 2012 08:58pm EDT 

Bass Metals Ltd announced that following LionGold Corp. Ltd's (LionGold) failure to accept the Company's subsequent request to complete the sale of Hellyer Mill Operations Pty Ltd on September 7, 2012, the Company has advised LionGold in writing that, due to LionGold's breaches and further repudiation of the Share Sale Agreement, Bass is terminating the agreement. The Company intends to commence legal actions to recover damages from LionGold. 

Company Quote

0.112
0.014 +14.29%
16 Apr 2014