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Venturex Resources Ltd, Cash Position Boosted with $1.7M Whim Creek Hotel Sale

-  Historic Whim Creek Hotel and adjacent Accommodation Village sold for $1.7 million cash;
 
-  Settlement expected in first quarter 2014; 
 
-  Company cash and receivables on hand of $5.2 million post settlement.
 
Venturex Resources Limited (“Venturex” or “the Company”) (ASX:VXR) is pleased to announce the Company has entered into a binding sale agreement for the sale of the Whim Creek Hotel and adjacent Accommodation Village complex in the Pilbara region of Western Australia.
 
The Whim Creek Hotel is located approximately 120 kilometres southwest of Port Hedland on the North West Coastal Highway.
 
 
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