Macarthur Minerals Ltd
SymbolMMS
Shares Issued20,610,976
Close 2009-11-26C$ 0.85
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Macarthur Minerals Lake Giles property agreement

2009-11-26 18:08 ET - Property Agreement

The TSX Venture Exchange has accepted a share purchase agreement dated Aug. 11, 2009, between Macarthur Minerals Ltd. and Minmetals Mining Corp. Ltd. (MMCL). Pursuant to the agreement, the company will reacquire MMCL's 20-per-cent interest in Internickel Australia Pty. Ltd. (IAPL), a private Australian company, the primary asset of which is the Lake Giles project in Western Australia. On completion of the transaction, the company will hold a 100-per-cent interest in IAPL.

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