YTC 0.00% 23.0¢ ytc resources limited

2 Corporation Place(PO Box 7077)Orange NSW 2800Phone:+61 2 6361...

  1. 19,620 Posts.
    lightbulb Created with Sketch. 35
    2 Corporation Place
    (PO Box 7077)
    Orange NSW 2800
    Phone:
    +61 2 6361 4700
    Facsimile:
    +61 2 6361 4711
    Website:
    www.ytcresources.com
    A.C.N: 108 476 384
    18 July 2008
    ASX Limited
    L8, Exchange Plaza
    2 The Esplanade
    Perth WA 6000
    Delivery : E-Lodgement
    PLACEMENT TO YUNNAN TIN AT $1.00 PER SHARE
    YTC Resources Limited is pleased to announce the placement of 2,760,610 shares at
    $1.00 per share to its major shareholder Yunnan Tin TDK Resources Australia (TDK), a
    wholly owned subsidiary of Yunnan Tin Company Group Limited of China. The
    placement has received all necessary approvals including F.I.R.B.
    The funds will be directed towards YTC’s expansion of the Tallebung Tin Project, its
    ongoing exploration projects in NSW and to fund the development of the Company’s tin
    strategy.
    CEO, Mr Rimas Kairaitis said “YTC welcomes the participation of the Yunnan Tin Group
    in the Placement. This indicates Yunnan Tin’s ongoing support of YTC and a strong
    endorsement of the Company’s projects”.
    Rimas Kairaitis
    CEO/Director
    YTC Resources Limited
 
watchlist Created with Sketch. Add YTC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.