ADY 0.00% 0.7¢ admiralty resources nl.

if a good ann to come, page-6

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    NEWS RELEASE
    Release Time IMMEDIATE
    Date 31 October 2008
    MEMORANDUM OF UNDERSTANDING SIGNED FOR
    THE SALE OF RINCON LITHIUM LIMITED
    The Board of Admiralty Resources NL has signed a binding Memorandum of
    Understanding (MOU) with Charge Resources Pty Ltd for the sale of the whole of the
    Company’s interest in its subsidiary Rincon Lithium Limited. A sale and purchase
    contract is currently being finalised.
 
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