MXR maximus resources limited
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News: MXR Maximus Resources To Sell Burbanks Gold Milling Operation In WA

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    05/04/19
    11:30
    Post #: 38011147

    April 5 (Reuters) - Maximus Resources Ltd (MXR) :

    • SALE OF BURBANKS GOLD MILLING OPERATION IN WA
    • SALE WILL SEE MAXIMUS SECURE A HEADLINE FIGURE OF $5.8 MILLION FOR 100% OF BURBANKS
    • AGREEMENT HAS BEEN REACHED FOR SALE OF BURBANKS GOLD TREATMENT PLANT TO PERTH BASED PRIVATE COMPANY ADAMAN RESOURCES
    • MAXIMUS RESOURCES-IF ADAMAN ELECTS NOT TO PROCEED WITH DEAL AFTER DUE DILIGENCE PARTIES TO ENTER TOLL MILLING AGREEMENT FOR A MINIMUM OF 2 YEARS
    • BOARD DECIDED TO TERMINATE PREVIOUS AGREEMENT WITH GBF MINING PTY LTD
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