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Sale of Drills and Equipment

29th Aug 2008 14:52

RNS Number : 3463C
Falkland Gold and Minerals Ltd
29 August 2008
 



Falkland Gold & Minerals Limited

Sale of Drills and Equipment

29 August 2008

Falkland Gold & Minerals Limited has concluded the sale of all its remaining operational equipment for £520,000 in cash to Africa Resources Consulting Ltd. This has yielded a profit on disposal of £463,890. The proceeds will be used in accordance with the Company's investing strategy.

Enquiries:

Falkland Gold and Minerals Limited

Richard Linnell (Chairman) +27 82 440 6710

W.H. Ireland Limited

James Joyce/Sarang Shah +44 (0)20 7220 1666

This information is provided by RNS
The company news service from the London Stock Exchange
 
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