PEK 2.56% 20.0¢ peak rare earths limited

Ann: June Quarterly Activity Report and Appendix , page-8

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    re: Ann: June Quarterly Activity Report and A... Oh well, back to waiting again but sounds like the cornerstone investor is going ahead but also talking with a number of additional parties.


    Discussions with a potential cornerstone investor to complete a binding agreement and provide funding for the development
    of the Ngualla Project - as announced on 23rd April 2013 - are taking longer than first anticipated but continue to progress.
    Discussions are also continuing with a number of additional parties.
    The Company had $2.44 million cash on hand at the end of the Quarter
 
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