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Neon Energy Ltd announces completion of Californian divestment

Sunday, 11 May 2014 06:55pm EDT 

Neon Energy Ltd:Confirms the sale of its Californian assets has been completed, and the net sale proceeds have been remitted to the company.The Purchase & Sale Agreement, for $26,950,000, has an effective date of Jan. 1.The buyer, a subsidiary of a publicly listed company, has chosen to remain anonymous for their own commercial reasons. 

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