MRR 12.5% 0.7¢ minrex resources limited

Ann: MinRex Closes in on Securing East Pilbara Tenements, page-2

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    They must be certain about the outcome of the rock chip samples if they are already commencing the preparation of the work:

    MinRex Closes in on Securing East Pilbara Tenements
     Final conditions precedent to the settlement of the highly prospective East Pilbara Tenements
    expected to be completed in the near future, with key shareholder approval already secured.
    Rock chip samples collected from East Pilbara Tenements have been delivered to the Lab for
    assaying.
     Initial program of works is being finalised to commence work on the tenements as soon as is
    practicable
    MinRex Resources Limited (ASX:MRR) (‘MinRex’ or ‘the Company’) is pleased to announce that the final
    conditions precedent to the settlement of the acquisition of the East Pilbara tenements are expected to be
    completed in the near future.
    Rock chip samples from the East Pilbara Tenements, collected prior to Christmas, have been shipped to
    Perth and have been delivered to the Lab for assaying.
    In anticipation of the pending settlement of the East Pilbara tenements, MinRex has commenced the
    preparation of an initial program of works, with a view to commencing exploration of these highly
    prospective tenements as soon as is practicable following settlement.
 
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