Euromax Receives C$1 Million from Sale of Thrace Resources

Euromax Receives C$1 Million from Sale of Thrace Resources

ID: 300848

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/27/13 -- Euromax Resources Ltd. (TSX VENTURE: EOX)(OTCQX: EOXFF): ("Euromax" or the "Company") is pleased to announce that it has received an additional C$1,025,000 in full and final settlement of all further cash payment obligations under renegotiated terms of the previously announced sale of Thrace Resources EOOD (see news release dated May 7, 2012) which held the mineral rights to the Breznik and Rakitovo projects in Bulgaria. Euromax will retain a 1.5% Net Smelter Return on the first 330,000 ounces of gold and 970,000 ounces of silver produced from the Breznik project.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Euromax Resources Ltd.
Steve Sharpe
President & CEO
+44 (0)20 3667 2970


Euromax Resources Ltd.
Karen Atchison
Investor Relations Manager
+44 (0)20 3667 2970


Euromax Resources Ltd.
Tom Panoulias
North American Representative
+1 416 294 5649



Buchanan
Bobby Morse
+44 (0)20 7466 5000


Buchanan
Cornelia Browne
+44 (0)20 7466 5000



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Bereitgestellt von Benutzer: Marketwired
Datum: 27.09.2013 - 11:00 Uhr
Sprache: Deutsch
News-ID 300848
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contact information:
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VANCOUVER, BRITISH COLUMBIA



Kategorie:

Mining & Metals



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