12 Sep 2019 07:34
12 September 2019
MOD Resources Limited
("MOD" or the "Company")
Form 604 - Notice of change of interests of substantial shareholder.
MOD Resources Ltd, (ASX/LSE: MOD) the copper exploration and development company focused on the central Kalahari Copper Belt in Botswana, advises that Credit Suisse Holdings (Australia) Limited (on behalf of Credit Suisse Group AG and its affiliates) has issued a Form 604 to the Australian Securities Exchange.
The Form 604 titled 'Change in substantial holding' indicates that Credit Suisse Holdings (Australian) Limited increased their holding from 35,386,230 common stock or 11.63% of total common stock up to 40,456,493 common stock or 13.30% of total common stock.
The full PDF version of the Form 604 is available on the Company's website at: https://www.modresources.com.au/announcements
For and on behalf of the Board.
Julian Hanna Mark Clements
Managing Director Executive Chairman and Company Secretary
Jeff Sansom Jos Simson / Emily Fenton (UK PR & IR)
Investor Relations Tavistock
+61 9322 8233 +44 207 920 3150
IR@modresources.com.au MOD@tavistock.co.uk
Subscribe at: www.modresources.com.au
About MOD Resources
MOD Resources Ltd (ASX/LSE: MOD) is a dual listed copper exploration and development company with a dominant land position within the Kalahari Copper Belt in Botswana. The Company is focussed on the 100% MOD owned T3 Copper Project, expected to be a high-margin, low-cost copper mine. In parallel with the development of the T3 Copper Project, MOD continues its exploration program across several priority drill targets and within untested areas of interesting and potentially significant Electromagnetic and Cu-Zn soil anomalies.
MOD has a social licence to operate within Botswana as well as within the host community of Ghanzi. MOD will continue to work collaboratively with Government regulators and members of the Ghanzi District community to ensure that any social investments and developments are targeted to create a positive and lasting legacy.
On 25 June 2019, the Company announced Sandfire had made an offer to acquire 100% of MOD shares by way of a Scheme of Arrangement.