MYG 1.41% 72.0¢ mayfield group holdings limited

formally notifies vendor to aquire 100% projec, page-3

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    As a result of the issue of this notice, ATW and MYG will not be entering into a joint venture in relation to the Gullewa project.
    Mutiny will proceed to earn a further 30% (aggregate 100%) interest in the Gullewa Gold Project by:
    (i) completing a positive Feasibility Study;
    (ii) sole funding all expenditure;
    (iii) paying to ATW $4 million; and
    (iv) agreeing to pay ATW a 10% net profit interest royalty in respect of minerals derived from the Gullewa Gold Project.
 
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