Rox Signs Reward Sale Agreement

Rox Signs Reward Sale Agreement

  • 0
  • January 24, 2017

Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) wishes to advise that it has signed the definitive Sale and Purchase Agreement with Teck Australia Pty Ltd (“Teck”) pursuant to which Teck will acquire Rox’s interest in the Reward Zinc Project as previously announced (ASX:RXL 19 October 2016).

Completion of the transaction is anticipated by mid-February 2017.

The funds received from the sale of the Reward project interest will allow Rox to pursue its Fisher East nickel and Collurabbie* gold-nickel projects, and also to consider other mineral opportunities that may be of value to shareholders.

Read More….