Rio Tinto hails another step closer to develop Serbian lithium mine
If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs.
SOUTH PERTH, Australia, March 2, 2012 /CNW/ – Extract Resources Ltd (ASX/TSX/NSX: EXT) (“Extract” or “the Company”) provides the opportunity to listen to an audio broadcast with Mr. Jonathan Leslie, Managing Director and CEO, regarding the lodgement of its Target’s Statement in which the Independent Directors of Extract unanimously recommend that shareholders accept the unconditional A$8.65 cash offer from Taurus Mineral Limited (“the Taurus Offer”), in the absence of a superior proposal.
To listen, copy the following details into your web browser: brrmedia.com/event/94270 or click on the following link:http://www.brrmedia.com/event/94270
About Extract Resources
Extract Resources Ltd is an international uranium exploration and development company whose primary focus is inNamibia. The company’s principal asset is its 100%-owned Husab Uranium Project which contains the third largest uranium only deposit in the world. Extensive exploration potential also exists for new uranium discoveries in the region. Extract Resources is listed on the Australian (ASX), Toronto (TSX) and Namibian (NSX) Stock Exchanges.
For further information:
please visit www.extractresources.com or contact:
Extract Resources: London Office
Jonathan Leslie, CEO
Tel: +44 (0)20 7317 9220
Extract Resources: Perth Office
Siobhan Lancaster, Company Secretary/Corporate Affairs
Tel: +61 (0)8 9367 2111
[email protected]
Australian Media Enquiries:
MAGNUS Investor Relations + Corporate Communication (Australia)
John Gardner and Dudley White
Tel: +61 (0)2 8999 1010
Mob: +61 (0)413 355 997
Mob: +61 (0) 413 439 883
UK Media Enquiries:
Tel: +44 (0)20 7404 5959
Brunswick Group (UK)
Carole Cable / Pip Green
