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ASX/Media Release
20 July 2015
Capital Mining Limited
ASX: CMY, CMYO
Level 11, 216 St Georges Tce
Perth WA 6000
Telephone +61 8 9481 0389
Fax +61 8 9463 6103 www.capitalmining.com.au
Directors
Dr James Ellingford
(Non-Executive Director)
Mr Robert McCauley
(Executive Director/CEO)
Mr Peter Torney
(Non-Executive Director)
Company Secretary
Mrs Elizabeth Hunt
TERMINATION OF ACQUISITIONS
Capital Mining Limited (ASX: CMY) ('Capital') advises that it has terminated the proposed transactions with Broken Coast Cannabis Ltd and Cannan Growers Inc. on that basis that certain conditions precedent are not capable of being satisfied.
In this regard, Capital has issued a Notice of Termination to both Broken Coast Cannabis Ltd and
Cannan Growers Inc.
Negotiations are ongoing with Nutrawerx, Inc. in relation to terminating this agreement. Capital will now continue with its core business of being an exploration company.
-ENDS-
Further information please contact:
Dr James Ellingford
Director
Capital Mining Limited
Elizabeth Hunt Company Secretary Capital Mining Limited
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Capital Mining
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CODE : CMY.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Capital Mining is a silver and gold exploration company based in Australia. Capital Mining holds various exploration projects in Australia. Its main exploration property is COWARRA in Australia. Capital Mining is listed in Australia. Its market capitalisation is AU$ 4.1 millions as of today (US$ 3.0 millions, € 2.6 millions). Its stock quote reached its highest recent level on October 01, 2010 at AU$ 1.60, and its lowest recent point on December 30, 2016 at AU$ 0.00. Capital Mining has 810 000 000 shares outstanding. |