News: CXM Centrex metals to receive $2.2 million from Port Spencer and Eyre iron joint ventures

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    Oct 14 (Reuters) - Centrex Metals Ltd (CXM)

    • Centrex to receive $2.2 million from port spencer and eyre iron joint ventures
    • Wisco and centrex agree to wind-up port spencer joint venture
    • Both companies have also agreed to return a large proportion of funding held by their related magnetite joint venture
    • Deed will see centrex receive proceeds of $ 1.275 million in cash in relation to port spencer joint venture
    • Centrex is due to exit its other magnetite joint venture with baotou iron & steel (group) co. At end of october
 
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