WSA western areas limited
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Feb 28 (Reuters) - Kidman Resources Ltd (KDR) Kidman Resources...

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    28/02/17
    15:55
    Post #: 22978895

    Feb 28 (Reuters) - Kidman Resources Ltd (KDR)

    • Kidman Resources acquires Western Areas Tenements
    • Kidman will issue Western Areas $6 Mln worth of Kidman shares
    • Kidman to acquire two exploration licences from Western Areas immediately adjacent to its world-class Earl Grey lithium deposit in WA
    • Kidman will also pay Western Areas A$150 for every contained tonne of Li2O classied as a JORC Ore Reserve
    • Kidman will grant a gross revenue royalty of 1.5% on future lithium production from acquired tenements
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