... ASX Release22nd February 2010Sale of Chilean exploration...

... ASX Release
22nd February 2010
Sale of Chilean exploration assets allows increased focus on coal
developments
Highlights
Agreement reached with China Yunnan Copper Australia Limited to divest
Humitos copper exploration leases, Chile
Sale consideration is $200,000 cash and 1.5% Net Smelter Return royalty on
any future production, subject to completion of transfer documentation
Divestment is consistent with Reys strategy of focussing on its Canning Basin
Coal Projects
Discussions continue on disposal of other non core assets
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