Rum Jungle Resources Karinga Lakes Project Acquisition of Outstanding Minority JV Interest
25.03.2014 | ABN Newswire
Perth - Further to the announcement on 20th February 2014 the Agreement for Rum Jungle Resources Ltd. (ASX:RUM) to acquire Reward Minerals Ltd. remaining interest in the project has been executed. RUM's holding in the project will be 100% and the consideration for the transfer is $140,000 plus four million ordinary shares in RUM.About Rum Jungle Resources Limited:
Rum Jungle Resources (ASX:RUM) is an Australian Securities Exchange listed, diversified junior explorer focused on highly prospective land located in Australia’s Northern Territory and Queensland.
A Northern Territory and Queensland focussed mineral explorer with a portfolio including: Uranium, Potash, Phosphate and Base Metals.
Rum Jungle Resources has strategic alliances with other major Northern Territory explorers increases exposure to additional exploration areas.
Rum Jungle Resources has experienced geological management backed up by a solid financial base to fund exploration budgets.
Contact:
Rum Jungle Resources Ltd.
T: +61-8-8942-0385
F: +61-8-8942-0318
www.rumjungleresources.com.au
