Jan 30 (Reuters) - Red 5 Ltd (RED) :
- SOLD ITS 10.5% INTEREST IN RED 5 LIMITED FOR ABOUT A$39 MILLION
- PROCEEDS OF SALE TO BE USED TO PAY DEBT ASSOCIATED WITH ACQUISITION OF SHARE OF KALGOORLIE SUPER PIT
- SALE WAS COMPLETED AT A30C PER SHARE VIA A BOOK BUILD PROCESS