Ivanhoe Australia Limited: Response to Media Article
MELBOURNE, AUSTRALIA -- (Marketwired - April 11, 2013) - Ivanhoe Australia Limited (TSX:IVA) (ASX:IVA) notes the article published by Dow Jones earlier today, suggesting that its 57% majority shareholder, Toronto-listed Turquoise Hill Resources Limited, has appointed advisors in connection with a possible sale of Turquoise Hill's shareholding in Ivanhoe Australia.
Ivanhoe Australia is aware that Turquoise Hill Resources has initiated a strategic review of its business which includes a review of its options in relation to its shareholding in Ivanhoe Australia.
Contact
Ivanhoe Australia Limited
Stephen Nossal, Senior VP Corporate Development
+61 3 9090 8800
stephenn@ivancorp.net
www.ivanhoeaustralia.com