Rox Resources Limited (ASX: RXL) ('Rox' or 'the Company') is pleased to announce that Marindi Metals Limited ('Marindi') has agreed to discontinue the Supreme Court proceedings it commenced against the Company.
Under the settlement terms a payment of $300,000 cash will be made to Marindi by Rox (equivalent to the Break Fee in the original Marindi offer). Each party will bear its own costs up to this point, and will have no further claims against the other.

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Rox Resources Limited published this content on 27 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2017 04:29:02 UTC.

Original documenthttp://www.roxresources.com.au/rox-settles-marindi-litigation/

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