01/06/2004 - 22:00

Midas Resources Limited - 27-May-04

01/06/2004 - 22:00

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Midas Resources Limited - 27-May-04

Midas Resources Limited - 27-May-04

Company has conditionally divested its interest in the Bundarra Project to Regency Resources Limited.  Regency has agreed to acquire the Bundarra copper gold project for the total consideration  $115,000 cash and 1.5 million shares.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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