At the request of the buyer, BAOR SARL, Golden Rim has granted BAOR SARL a two-week extension to complete financing arrangements. The first and second payments totalling US$6,000,000 are now due to be paid by Monday 15 August. The Share Sale Agreement provides that simple interest of 8% is payable on outstanding amounts.
Contact Information:
Golden Rim Resources Ltd
ABN 39 006 710 774
Craig Mackay
Managing Director
+61 3 8677 0829
In Europe:
Swiss Resource Capital AG
Jochen Staiger
This announcement was authorised for release by the Board of Golden Rim Resources Ltd.
Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch
CEO
Telefon: +41 (71) 3548501
E-Mail: js@resource-capital.ch