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ASX ANNOUNCEMENT
14 September 2015
Notification received from substantial shareholder
TNG Limited (ASX: TNG) advises that at 5:35 PM on Friday, 11 September 2015 it received a letter from a substantial shareholder of the Company, Ao-Zhong International Mineral Resources Pty Ltd (Ao-Zhong), notifying the Company that Ao-Zhong had reduced its shareholding in the Company to 44,978,812 shares by selling 17.271 million shares on-market on 10 and 11 September 2015. A copy of the letter is attached to this announcement.
Ao-Zhong, a subsidiary of the East China Mineral Exploration & Development Bureau ("ECE"), acquired its shareholding in TNG in November 2011 via a placement at $0.11 per share.
The Company is not aware of the reason for Ao-Zhong's sell-down or of its intentions in relation to the balance of its holding.
Inquiries:
Paul E Burton
Managing Director + 61 (0) 8 9327 0900
Nicholas Read
Read Corporate + 61 (0) 8 9388 1474
ASX CODE: TNG
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REGISTERED OFFICE
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T +61 8 9327 0900
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W www.tngltd.com.au
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ABN 12 000 817 023
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Level 1, 282 Rokeby Road
Subiaco, Western Australia 6008
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F +61 8 9327 0901
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E [email protected]
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TNG Limited
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EXPLORATEUR |
CODE : TNG.AX |
ISIN : AU000000TNG3 |
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TNG Limited est une société d’exploration minière de plomb et d'argent basée en Australie. TNG Limited détient divers projets d'exploration en Australie. Ses principaux projets en exploration sont CAWSE EXTENDED, MANBARRUM, MOUNT PEAKE et SANDY CREEK DEPOSIT en Australie. |