Brief: Pacific Bauxite To Conditionally Acquire 50% Of Ebagoola South Gold Project In Queensland

Western Yilgarn NL

15/11/2019 01:11

Nov 15 (Reuters) - Pacific Bauxite Ltd  PBX.AX :
    * TO CONDITIONALLY ACQUIRE 50% OF EBAGOOLA SOUTH GOLD
PROJECT IN
QUEENSLAND
    * 50-50 JOINT VENTURE TO BE ESTABLISHED OVER EBAGOOLA SOUTH
GOLD
PROJECT WITH AURUM PACIFIC GROUP
    * SHAREHOLDER APPROVAL TO BE SOUGHT TO ENABLE CO TO ISSUE
SHARES
TO RAISE MINIMUM $1.5 MILLION AT INDICATIVE PRICE OF $0.05 PER
SHARE
    * GRANTED 6 MONTH OPTION TO ACQUIRE A 50% INTEREST IN
EBAGOOLA
SOUTH GOLD PROJECT FROM AUSTRALIAN METALS CORPORATION

Source text for Eikon:  ID:nASX6tcHPT 
Further company coverage:  PBX.AX 

 ((Reuters.Briefs@thomsonreuters.com;))