Information  X 
Enter a valid email address

All Star Minerals PLC (ASMO)

  Print      Mail a friend

Wednesday 13 August, 2014

All Star Minerals PLC

Further re Proposed Disposal


                             ALL STAR MINERALS PLC                             

                          "All Star" or "the Company"                          

                         Further Re: Proposed Disposal                         

13 August 2014

Further to the announcement made by the Company on 29 July 2014 it announces
that the General Meeting of Blue Doe Gold PLC was held on 12 August 2014. The
resolution to approve the sale of the Blue Doe, Eagle Hawk, and Edward
tenements to NQ Minerals Pty Ltd was duly passed by the shareholders of Blue
Doe Gold PLC.

Blue Doe Gold PLC is a 53% owned subsidiary of All Star Mineral PLC.

The consideration for the sale is 40,000,000 new ordinary shares in NQ Minerals
Pty Ltd, which will represent 9.09% of the so enlarged share capital of NQ
Minerals.

The Company will set out its plans for Blue Doe Gold plc and the shareholding
in NQ Minerals Pty Ltd in due course.

The Directors of the Company accept responsibility for the content of this
announcement.

ENQUIRIES:

All Star Minerals plc
Tomas Nugent, Chairman
Conrad Windham, CEO
01366 500722
www.allstarminerals.co.uk

ISDX Corporate Adviser
Cairn Financial Advisers LLP
Liam Murray
020 7148 7900

a d v e r t i s e m e n t