Media ReleasesBass Metals Ltd

View All Bass Metals Ltd News


Bass Metals Limited, Settlement with Liongold Corp Limited

The Board and Management of Bass Metals Ltd (“Bass” or “the Company) (ASX:BSM) is delighted to announce it has today received $921,000 from Liongold Corp Limited (“Liongold”) as part payment of its final settlement with Liongold.

The $921,000 cash receipt is part of the $1,000,000 full and final settlement value that was announced to the market in September 2016 and the balance of $79,000 is due to be received by Bass later today.

The final settlement receipt means Bass has received in excess of $2,400,000 from Liongold as part of its settlement and the Company is pleased to conclude this matter and also add a substantial sum of funds to its existing cash reserves.


For further information please download PDF attached:
Download this document