TTY territory resources limited

dcm buys swa eventually

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    ASX / MEDIA RELEASE 7 JUNE 2011
    COMPANY UPDATE
    Swan Gold Mining Limited (ASX: SWA) advised on 1 June 2011 that the Board received a conditional offer from DCM DECOmetal GmbH (DCM) for the acquisition of Swan?s subsidiaries that own the Carnegie and Mt Ida gold projects. The offer expired on Friday 3 June 2011.
    The Board is currently negotiating with DCM DECOmetal and a further announcement will be made when a mutually acceptable agreement has been reached.
    For more information:
    Keith Vuleta
    Director
    Tel: 08 6389 6800

    this is clear,DCM make money from TTY
 
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