Chalice Gold Mines Limited - Receipt of deferred consideration
21.01.2016 | CNW
PERTH, Western Australia, Jan. 21, 2016 /CNW/ - Chalice Gold Mines ("Chalice" or "The Company") ASX:CHN TSX:CXN is pleased to advise that it has received the deferred consideration of US$2 million from China SFECO Group following first gold pour from the Zara Gold Project in Eritrea.
The US$2 million represents the final tranche for the sale of Chalice's interest in the Zara Gold Project.
Shares outstanding: 282 million
Fully diluted: 292 million
SOURCE Chalice Gold Mines Ltd.
Contact
Tim Goyder, Managing Director
Chalice Gold Mines Ltd.
Telephone +61 9322 3960