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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