Intrepid Mines Limited: US$80 Million Settlement Funds Received
BRISBANE, AUSTRALIA--(Marketwired - Apr 11, 2014) - Intrepid Mines Ltd. (ASX:IAU)(TSX:IAU) ("Intrepid", or the "Company"), is pleased to announce that following the overwhelming approval on Wednesday 9 April 2014 by Intrepid shareholders of the proposed settlement of all disputes surrounding the ownership and control of the Tujuh Bukit Project, completion has today occurred and Intrepid has received the consideration payable to it of US$80 million in cash.
Contact
Intrepid Mines Ltd.
Scott Lowe
Chief Executive Officer, Brisbane, Australia
+61 7 3007 8000
slowe@intrepidmines.com
Intrepid Mines Ltd.
Greg Taylor
Toronto, Canada
+905 337 7673 or Mobile: +416 605 5120
gtaylor@intrepidmines.com
www.intrepidmines.com