CAPITAL MARKETS

Pelican sells Cockatoo interest

PELICAN Resources has entered into a conditional legally binding term sheet with Cockatoo Iron to sell its leases and applications near the Cockatoo Island iron ore project, off the Western Australian coast.

Haydn Black
Pelican sells Cockatoo interest

The agreement encompasses mining lease 04/235-I, licence applications 04/102 and 04/103 plus certain contractual rights to use the ship loader and jetty located within the leases. Pelican, will pocket...

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