News: KDR Wesfarmers Enters Scheme Implementation Deed With Kidman Resources

May 23 (Reuters) - Wesfarmers Ltd (WES) :

• ENTERED INTO A SCHEME IMPLEMENTATION DEED WITH KIDMAN RESOURCES
• ESTIMATES ITS SHARE OF CAPITAL EXPENDITURE FOR ITS PLAN FOR DEVELOPMENT OF MT HOLLAND LITHIUM PROJECT $700 MILLION
• ENTERED INTO A COMMITMENT DEED WITH SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A. (SQM)
• DEED RELATING TO MT HOLLAND LITHIUM PROJECT JOINT VENTURE AGREEMENT (JVA) BETWEEN SQM AND KIDMAN
• SQM HAS ALSO AGREED NOT TO ENTER INTO DISCUSSIONS WITH ANY PARTY PROPOSING TO MAKE AN ALTERNATIVE OFFER FOR KIDMAN
• ENTERED INTO A COMMITMENT DEED WITH SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.

Source text http://tiny.cc/l2x46y

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