Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTethyan Resources Regulatory News (TETH)

  • There is currently no data for TETH

Disposal

16 Apr 2013 09:29

RNS Number : 4448C
Triple Plate Junction Plc
16 April 2013
 



 

Triple Plate Junction Plc

("TPJ" or the "Company")

 

Crater Mountain Joint Venture - Sale of 8% Interest to Gold Anomaly

 

TPJ, the AIM-listed exploration company focused on South East Asia, has agreed to sell its 8% interest in the Crater Mountain joint venture , a pre-revenue gold exploration project in Papua New Guinea to the operator, Gold Anomaly Ltd (GOA) for a cash payment of $200,000.

 

The payment will be placed in escrow by GOA, pending the formal transfer of the interest and its approval by the Government of Papua New Guinea. Once transfer is completed, the payment will be released to TPJ. The agreement has been signed by TPJ and GOA and is subject to the establishment of the escrow and PNG Government approval of the transfer. TPJ will use the cash to fund its current operations.

 

The disposal will leave TPJ with: three gold exploration projects in Papua New Guinea, namely Morobe, Manus Island and Wamum, partnered with Newmont, Newcrest and Barrick respectively; as well as a 10% interest in the Pu Sam Cap project in Vietnam. The Company continues to examine further opportunities as they arise.

 

 

Enquiries Triple Plate Junction plc

+44 (0)1273 601895

Christopher Goss

 

finnCap Ltd

+44 (0)20 7220 0500

Matthew Robinson/Christopher Raggett

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISZMGMDRVNGFZG
Date   Source Headline
24th Sep 20077:01 amRNSPreliminary Results
17th Aug 20073:03 pmRNSAIM Rule 26 Compliant Website
11th Jul 20077:00 amRNSNew Licence Granted
25th Jun 20077:01 amRNSExploration Update
2nd May 20074:17 pmRNSDirector/PDMR Shareholding
27th Mar 20072:29 pmRNSHolding(s) in Company
27th Mar 20072:20 pmRNSHolding(s) in Company
27th Mar 20072:16 pmRNSHolding(s) in Company
6th Mar 20079:46 amRNSOtibanda Update-Replace
6th Mar 20077:01 amRNSOtibanda Update
27th Dec 20069:00 amRNSTotal Voting Rights
21st Dec 20067:01 amRNSInterim Results
19th Dec 20063:17 pmRNSAdditional Listing
19th Dec 20062:55 pmRNSAdditional Listing
8th Dec 20067:00 amRNSOtibanda discovery in PNG
23rd Oct 20067:01 amRNSExciting Gold Values
16th Oct 20067:01 amRNSZambia Mine for TPJ
27th Sep 20067:01 amRNSPreliminary Results
16th May 20067:01 amRNSExploration Update
24th Apr 20064:41 pmRNSHolding(s) in Company
25th Nov 20057:01 amRNSInterim Results
21st Nov 20054:15 pmRNSNotice of Results
12th Sep 200510:23 amRNSDrilling Report
19th Aug 20057:00 amRNSOperational Update
13th Jun 20054:18 pmRNSShare Options Award
9th Jun 20057:00 amRNSPreliminary Results
8th Jun 200511:11 amRNSHolding(s) in Company
24th May 200512:33 pmRNSFirst Drill-Hole Results
16th May 200511:00 amRNSHolding(s) in Company
6th May 20054:18 pmRNSResult of EGM
22nd Apr 20057:01 amRNSHolding(s) in Company
13th Apr 200510:02 amRNSPlacing of New Shares
29th Mar 20057:01 amRNSIssue of Vietnam Licences
23rd Mar 20056:04 pmRNSPNG Project Report
21st Mar 20057:02 amRNSMountain Drilling Commences
20th Jan 20055:50 pmRNSHolding(s) in Company
14th Jan 20052:12 pmRNSAdditional Listing
5th Jan 20057:00 amRNSRestoration - Triple Plate
5th Jan 20057:00 amRNSInterim Results
4th Jan 20057:00 amRNSSuspension - Triple Plate Jun

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.