CMY 0.00% 0.5¢ capital mining limited

large buys, page-54

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    Cambodia:
    Gold, gold/copper Projects
    •Large lease holdings
    •Potential for major discoveries
    •Considerable exploration locating gold in stream sediments, soil samples and rock samples Proposed Transaction
    •Heads of agreement executed with Capital Mining (ASX:CMY) to acquire gold assets in Cambodia
    •CMY may acquire up to an 85% shareholding in IDC subsidiary Indochine Resources Pty Ltd by staged farm-in up to $10 million
    •IDC position would represent 40% of CMY’s shares on issue immediately after settlement
    •Subject to various conditions including due diligence
 
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Currently unlisted public company.

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