BCN 3.85% 2.7¢ beacon minerals limited

Ann: Beacon to Pay Fully Franked Dividend, page-17

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    The Lady Ida acquisition consists of Mining Leases ( the bits in red in the 21 June update) and the lesser value exploration tenements - in Blue. The Company further advises that it has completed the acquisition of tenements E16/475, E16/483,
    E16/484 and E16/486 (the “Tenements”) from Siberia Mining Corporation Pty Ltd (ABN 97 097 650 194)
    (“Siberia”) and Carnegie Gold Pty Ltd (ACN 117 116 097) “Carnegie”). Both are wholly owned subsidiaries
    of Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda Mining”).
    As we all know the acquisition of the higher value mining leases - for cash- could not proceed on the terms originally envisaged in June.
 
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