GBZ 0.00% 0.7¢ gbm resources limited

News: GBZ Gbm Resources Sells Remaining 50% Interest In Malmsbury Gold Project

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    March 10 (Reuters) - GBM Resources Ltd (GBZ) :

    • SELLS REMAINING 50% INTEREST IN MALMSBURY GOLD PROJECT
    • SIGNED SALE AND PURCHASE AGREEMENT WITH NOVO RESOURCES CORP FOR SALE OF 50% INTEREST IN MALMSBURY GOLD PROJECT
    • SALE INCLUDES CASH CONSIDERATION OF A$1 MILLION, ISSUE OF 4.0 MILLION NOVO SHARES AND 2.0 MILLION OPTIONS TO GBM AT SETTLEMENT
 
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