Could this dog run again? POG looking good lately and all boats rise etc etc
"UPDATE ON PROPOSED BRIGHTSTAR GOLD PROJECT
JOINT VENTURE
Stone Resources Australia Limited (ASX: SHK) provides the following update further to the
ASX announcement released on 11 January 2016 with respect to the Binding Heads of
Agreement entered into with MHM Metals Limited (MHM) to develop the Brightstar Gold
Project located in the Laverton region of Western Australia.
Both parties have mutually agreed to use reasonable endeavours to negotiate, finalise and
execute the Formal Agreement to document the Joint Venture transaction as soon as
practicable.
The transaction is conditional upon MHM completing due diligence to its satisfaction and
obtaining all necessary shareholder and regulatory approvals.
SHK Price at posting:
0.3¢ Sentiment: None Disclosure: Held
