SAR 0.00% $4.69 saracen mineral holdings limited

News: SAR Saracen Mineral Holdings Says Sold Its 10.5% Interest In Red 5 For About A$39 Mln

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    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
 
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