Heron Resources Ltd1-Dec-05
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Tuesday, 6 December, 2005 - 21:00
Announce that agreement has been reached with Helix Resources Ltd for the purchase of the remaining 25% equity in the Highway Lateritic Nickel Project. Consideration for the purchase totals $610,000 and will be settled by a combination of $150,000 in cash and $460,000 in shares.