AsiaBaseMetals Amends Laos Potash Project Acquisition Letter

- December 13th, 2011

AsiaBaseMetals Inc. (TSXV:ABZ) announced an amendment of its LOI regarding the Vientiane Potash Project.

AsiaBaseMetals Inc. (TSXV:ABZ) announced an amendment of its LOI regarding the Vientiane Potash Project.

As quoted in the press release:

The amendments to the letter of intent provide for an alternate, deferred payment structure if the vendor has expanded the property with an additional 39 km2 of contiguous mineral rights for a total of 55 km2, within one year of the closing of the transaction and at no additional cost to the Company.

Click here for the AsiaBaseMetals Inc. (TSXV:ABZ) press release.

Leave a Reply