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Solbec Pharmaceuticals Ltd

27-May-03

Has divested a majority of its mineral leases and tenements to concentrate on pharmaceuticals. The company has sold or relinquished potash and gold interests including Chandler, Gin Gin, Dandaragan, Yarlinga, Tamala, Kookynie, and Mt Koorong.  Its three remaining properties Jervois, Camperdown and Blue Bar are actively being reviewed by other parties.

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