little ray of sunshine28 Sep 2017 11:32
RNS out
ZincOx Resources plc (�ZincOx� or �the Company�) is pleased to announce that it has disposed of
41,212 square metres of its land holding in the Aliaga Heavy Industrial Zone, for the sum of TRY
14,352,136 (US$ 4 million), which will be subject to Turkish taxes. The Company is now seeking
advice on the most efficient manner for this amount to be repatriated.
The Group retains a land holding of 9,638 square metres, which continues to be marketed.
Commenting on the announcement, Andrew Woollett, ZincOx�s CEO, said: �I am pleased that we
have been able to realise the sale of this land at a significant premium to its carrying value and it
gives the Company the opportunity to more actively pursue a number of projects�
Nice bit of extra cash in the bank , every litle helps ?!