|Roseby Copper purchase option|
|Monday, 24 December 2012 12:04|
Altona Mining announced on 2 July 2012 that it received notice from Mount Isa Mines that Xstrata Copper intended to exercise the option it holds to acquire a 51 per cent interest in a portion of the Roseby Copper Project.
Under the terms of a heads of agreement between Altona and Xstrata Copper, Xstrata Copper has the right to acquire the sale interest at an agreed or fair market price determined by an independent valuer.
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