Metals X : Acquisition of Georges Reward Project

PRESS RELEASE 10 JULY 2015 ACQUISITION OF GEORGES REWARD PROJECT

The directors of Metals X Limited (Metals X) are pleased to advise that they have reached agreement with Northern Mining Limited (79%) and Balagundi Pty Ltd (21%) to acquire the outright interests in E25/268 and the beneficial rights of MLA 25/357 covering the Georges Reward Project at Bulong in Western Australia.
The consideration is a cash sum of $4.5 million.
The Georges Reward Project is contiguous with the Cannon Project of Southern Gold Limited with which Metals X has a contract management and profit sharing agreement from the mining of the Cannon deposit which is due to commence in the ensuing months.
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ENQUIRIES
Peter Cook Executive Director & CEO e: [e-mail]	Warren Hallam Executive Director e: [e-mail]	Rod Corps Manager - Investor Relations e: [e-mail]

ASX Code: MLX

OTCQX Code: MLXEF

Level 3, 18-32 Parliament Place

West Perth WA 6005

Australia

[e-mail] www.metalsx.com.au