SFR 2.99% $10.68 sandfire resources limited

Here ya go...MARKET UPDATE TRANSACTION WITH LS-NIKKO...

  1. 4,582 Posts.
    Here ya go...

    MARKET UPDATE TRANSACTION WITH LS-NIKKO COPPER


    Sandfire Resources NL (ASX: SFR; Sandfire) advises that discussions with LS-Nikko Copper Inc. regarding the
    conditional agreement announced on 23 July 2010 are ongoing.

    The conditions relating to respective Board approvals and Foreign Investment Review Board (FIRB) approval
    currently remain unsatisfied. If the conditions of the July agreement are not met by 26 October 2010, then the
    proposed transaction will lapse.


    Cheers
 
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