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Viking Mines Ltd (VKA.AX)

VKA.AX on Australia Stock Exchange

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Platypus Minerals signs MoU with Argo Metals Group Limited
Thursday, 17 Nov 2016 05:46pm EST 

Platypus Minerals Ltd : MOU contemplates development of a small commercial scale l-max plant to process lepidolite concentrate in thailand .Lithium alliance with argo metals and viking mines.  Full Article

Viking Mines updates on sale of Akoase Gold project
Monday, 2 Nov 2015 06:00pm EST 

Viking Mines Ltd:Sale of akoase gold project update.Says failed to make the second instalment payment of US$1,710,000 by 31 October 2015.Says Viking has today issued arl with a notice of default under the sale agreement.Says if default is not remedied upon the expiration of the notice then Viking has the right to terminate the sale agreement.  Full Article

Viking Mines Ltd announces $10 million sale of Akoase gold project
Sunday, 31 May 2015 07:06pm EDT 

Viking Mines Ltd:Says that it is has executed sale contract for its Akoase Gold Project in Ghana, West Africa for an overall transaction value of $10 million.Says that purchaser is Chinese party that controls Akroma Gold Limited (Akroma), owner of Sian gold project located 12kms from Akoase.Says $10 million sales consideration to be received by Viking comprises: An option fee of $90,000 - already received by Viking; $ 200,000 paid in cash byJune 5,; $ 1,710,000 paid in cash on or before July 24.$ 6,000,000 to be paid in cash within five days after all conditions precedent have been satisfied; and $ 2,000,000 to be paid in cash as a gold production royalty.  Full Article

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