ASX ANNOUNCEMENT
31 March 2015 ASX Code: AGS
TRIAL DATE RE-LISTED FOR 20 MAY 2015
Alliance Resources Ltd (Alliance) advises that the trial date in proceedings against Quasar Resources Pty Ltd
(Quasar) in the Supreme Court of South Australia has been vacated and re-listed for trial on Wednesday, 20
May 2015.
By way of background, Alliance's wholly owned subsidiary Alliance Craton Explorer Pty Ltd (ACE), on 12
November 2014, terminated Quasar's appointment as sales and marketing agent and issued proceedings in the Supreme Court of South Australia seeking a declaration that the termination is valid, orders for delivery up of ACE's share of product from the Four Mile Uranium Project and damages. The trial date was changed following an application by Quasar which told the Court that it would not be ready for trial on 7 April.
Steve Johnston
Managing Director
About Alliance Resources Limited
Alliance is an ASX listed resources company with uranium and copper-gold assets. The Company's main asset is 25%1 equity in the Four Mile Uranium Project, located 550 kilometres north of Adelaide in South Australia.
1 Reducing to approximately 15% by 31 December 2015 in respect of the Four Mile Mine Development Area as a result of Alliance Craton Explorer Pty Ltd electing not to contribute to the Four Mile 2015 Program and Budget. Refer ASX announcement dated 20 November 2014.
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