Brief: GWR Group Announces Execution Of Binding Term Sheet To Grant Mining Rights
July 20 (Reuters) - GWR Group Ltd GWR.AX :
* ANNOUNCE EXECUTION OF BINDING TERM SHEET TO GRANT MINING
RIGHTS
FOR C4 IRON DEPOSIT AND TRANSFER RESIDUAL RIGHTS
* TOTAL CONSIDERATION OF A$30 MILLION PLUS POTENTIAL
ROYALTIES TO
GOLD VALLEY IRON
* IN ADDITION, GOLD VALLEY IRON IS ACQUIRING SUNDRY PLANT
AND
EQUIPMENT, STORES AND C4 ORE STOCKPILES FOR A$5 MILLION
Source text for Eikon: ID:nASXc4gZRC
Further company coverage: GWR.AX
Recent news on GWR
See all newsBrief: Australian Government Takeovers Panel Declined To Conduct Proceedings For GWR Group
Brief: GWR Group Says Capital Return To Distribute 6.1 AU Cents Payable On Sept 22
Australia's GWR Group gains most in over 1-1/2 years after declaring cash distribution
Newscasts - Battery-powered train sets world record with 200-mile journey
Brief: GWR Says HY Profit From Continuing Operations Before Income Tax A$8.5 Million