Goldstream Mining NL 1 Goldstream and Anglo American in Nickel Talks
Goldstream and Anglo American in Nickel Talks
12 January 2004
Goldstream announces that it is in discussions with Anglo American plc (Anglo) with regard to the possible purchase of a large portfolio of exploration properties.
The properties are located in Australia and the sub-continent and have been generated by Anglo specifically targeting nickel sulphide deposits.
Goldstream and Anglo have signed an agreement giving Goldstream an exclusive right to negotiate and conduct due diligence for a period of ninety days. Anglo have undertaken not to negotiate or enter into third party agreements with respect to any of the properties during the period of exclusivity.
Negotiations are at an advanced stage and Goldstream is confident that an agreement will be concluded.
GEORGE S KENWAY
MANAGING DIRECTOR
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