2 Corporation Place
(PO Box 7077)
Orange NSW 2800
Phone:
+61 2 6361 4700
Facsimile:
+61 2 6361 4711
Website:
www.ytcresources.com
A.C.N: 108 476 384
18 July 2008
ASX Limited
L8, Exchange Plaza
2 The Esplanade
Perth WA 6000
Delivery : E-Lodgement
PLACEMENT TO YUNNAN TIN AT $1.00 PER SHARE
YTC Resources Limited is pleased to announce the placement of 2,760,610 shares at
$1.00 per share to its major shareholder Yunnan Tin TDK Resources Australia (TDK), a
wholly owned subsidiary of Yunnan Tin Company Group Limited of China. The
placement has received all necessary approvals including F.I.R.B.
The funds will be directed towards YTC’s expansion of the Tallebung Tin Project, its
ongoing exploration projects in NSW and to fund the development of the Company’s tin
strategy.
CEO, Mr Rimas Kairaitis said “YTC welcomes the participation of the Yunnan Tin Group
in the Placement. This indicates Yunnan Tin’s ongoing support of YTC and a strong
endorsement of the Company’s projects”.
Rimas Kairaitis
CEO/Director
YTC Resources Limited
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