Sale of Drills and Equipment

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Sale of Drills and Equipment

    RNS Number : 3463C
  Falkland Gold and Minerals Ltd
  29 August 2008
   

    Falkland Gold & Minerals Limited

    Sale of Drills and Equipment

    29 August 2008

    Falkland Gold & Minerals Limited has concluded the sale of all its remaining operational equipment for �520,000 in cash to Africa
Resources Consulting Ltd. This has yielded a profit on disposal of �463,890.  The proceeds will be used in accordance with the Company's
investing strategy.


    Enquiries:

    Falkland Gold and Minerals Limited
    Richard Linnell (Chairman) +27 82 440 6710

    W.H. Ireland Limited
    James Joyce/Sarang Shah +44 (0)20 7220 1666

This information is provided by RNS
The company news service from the London Stock Exchange
 
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