GXY 0.00% $5.28 galaxy resources limited

Ann: Galaxy to sell SDV northern tenements to POSCO for US$280M, page-185

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    The non-binding agreement is conditional on completion and execution of definitive documentation and receipt of POSCO Board approval which are expected to be satisfied during the third quarter of 2018. Galaxy will continue to keep the market informed as the conditions are satisfied.

    In other words the legal sale documents/contract and Board approval, like any commercial property sale.
 
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