Aeris Resources Limited (Aeris) is pleased to advised that it has signed a binding agreement with LFB Resources NL, a wholly owned subsidiary of Regis Resources Limited (ASX: RRL), for the sale of the Blayney exploration project (EL5922) in New South Wales for A$3.25 million cash consideration.
The Blayney project falls outside of Aeris' flagship Tritton Operations tenement package, and forms part of Aeris' previously announced strategy to joint venture or divest non-core projects.
Completion of the sale is subject to various conditions precedent including approval by the NSW Minister for Trade and Investment - Resources and Energy.
ENDS
For further information, please contact:Mr. Andre Labuschagne Executive Chairman
Tel: +61 7 3034 6200, or visit our website at www.aerisresources.com.au
Media:Michael Cairnduff Cannings Purple Tel: 0406 775 241
mcairnduff@canningspurple.com.au
Aeris Resources Limited published this content on 23 February 2017 and is solely responsible for the information contained herein.
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