Crusader Resources Limited ("Crusader") is pleased to advise that the shareholders of Lago Dourado Minerals Ltd. ("Lago") have approved the sale of the Juruena and Novo Astro Gold projects, at the special meeting of shareholders held on 25 June 2014, in Toronto. Lago will now finalise TSX Venture Exchange approval for the disposal.
Crusader is reviewing the extensive technical database and will update shareholders on the exploration program expected to commence in the coming weeks, targeting prospective high-grade, low Capex gold deposits.
Ordinary Shares 126,646,041
Options 14,472,000
(exercise prices: $0.3414 to $1.35)
Market Capitalisation ~$44M
Treasury $2.9M (31 Mar 2014)
Share price $0.35
(12 month closing range: $0.19 to
$0.365)
Board of DirectorsNon-Executive Chairman
Stephen CopulosManaging Director
Rob SmakmanExecutive Director
Paul StephenFigure 1: Juruena on-site facilities
Non-Executive Directors
John Evans David Netherway Mauricio Ferreira For further information please contact:Mr. Rob Smakman | Mr. Paul Stephen | Mr. Ian Howarth |
Managing Director, Brazil | Executive Director, Australia | Media Relations, Australia |
Mobile (Brazil): +55 83 8881 8608 | Office (Aus): +61 8 9320 7500 | Collins Street Media |
Email: rob@crusaderdobrasil.com | Email: paul@crusaderresources.com | Mobile: +61 407 822 319 E: ian@collinsstreetmedia.com.au |
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