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ASX Release
16 MARCH 2015
ASX Release
Sale of equity investment complete
Further to the announcement made on 13 March 2015, OZ Minerals has now concluded the transaction selling its shares in Sandfire Resources Limited. This represents a cash gain of $2.5 million (unaudited) on the original and subsequent investments made in, and dividends from, Sandfire. It is expected there will be an accounting loss on the transaction due to mark to market valuation at 31 December 2014. The audited results of this transaction will be reported as at 30 June 2015.
Investors & media
Natalie Worley
T 61 3 9288 0345
M 61 409 210 462 [email protected]
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Sandfire Resources NL
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DEVELOPMENT STAGE |
CODE : SFR.AX |
ISIN : AU000000SFR8 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Sandfire is a copper and gold exploration company based in Australia. Sandfire develops copper, gold and silver in Australia, and holds various exploration projects in Australia. Its main asset in development is DEGRUSSA in Australia and its main exploration properties are URANDY, YANNARIE, BORROLOOLA and DOOLGUNNA in Australia. |