Bauxite Resources Limited (ASX:BAU) Formal Signing With Shandong Provincial Bureau of Geology and Mineral Resources On Darling Range Joint Venture

abnnewswire.net | May 14, 2009| | Copyright

Following the ASX announcement on 1st May 2009, Bauxite Resources Limited (ASX:BAU)(PINK:BXRDF) is pleased to announce that a formal Signing Ceremony was held in Perth earlier today attended by Ms Zheng, Director-General of Shandong Provincial Bureau of Geology and Mineral Resources (SDGM), Mr Meng General Manager of Shandong No 1 Institute for Prospecting of Geology and Minerals and their Shandong delegation. The terms of a placement equivalent to 15% of BRL's current issued share capital, being 19,700,000 shares at an issue price of 50 cents raising A$9,870,000, was formally agreed by the ...

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