ZHONGJIN UPDATE
Perilya Limited (ASX: PEM) today advised that major Chinese metal company Shenzhen Zhongjin Lingnan Nonfemet CO., LTD ("Zhongjin Lingnan") has advised that it has received all relevant Chinese Government approval to invest $45.5 million in Perilya pursuant to the terms of a share placement agreement and that Perilya has received an initial payment of A$10 million from Zhongjin Lingnan.
For more details, visit
www.perilya.com.auPerilya Limited |
Phone : | (+61) 8 6210 2000 |
Fax : | (+61) 8 6210 2099 |
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Perilya Limited
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PRODUCER |
CODE : PEM.AX |
ISIN : AU000000PEM8 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Perilya Ltd. is a zinc and lead producing company based in Australia. Perilya Ltd. produces zinc, lead, silver in Australia, develops cobalt, copper and silver in Australia, and holds various exploration projects in Australia. Its main assets in production are BROKEN HILL - POTOSI and BROKEN HILL in Australia, its main asset in development is MOUNT OXIDE in Australia and its main exploration properties are ROCKHAMPTON, BROKEN HILL EXTENDED, BROKEN HILL SOUTHERN EXTENSIONS, FLYING DOCTOR, NORTHERN LODES, PINNACLES (BROKEN HILL EXTENDED), FLINDERS and BROKEN HILL DISTRICT in Australia and TAMPANG in Malaysia. Perilya Ltd. is listed in Australia and in Germany. Its market capitalisation is AU$ 184.1 millions as of today (US$ 162.7 millions, € 119.3 millions). Its stock quote reached its highest recent level on January 05, 2007 at AU$ 5.80, and its lowest recent point on November 28, 2008 at AU$ 0.09. Perilya Ltd. has 526 075 563 shares outstanding. |