Business
Monument Updates Its Interest In Central Australian Phosphate Limited
VANCOUVER, April 30, 2013 /CNW/ - Further to the announcement dated 23 April 2013 regarding...
About this update from Monument Mining Limited
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, April 30, 2013 /CNW/ - Further to the announcement dated 23\n April 2013 regarding Monument Mining Limited's (TSX-V: MMY and FSE:\n D7Q1) (\"Monument\") indicative non-binding conditional proposal to acquire all the share\n capital of Central Australian Phosphate Limited (\"CEN\"), Monument wishes to advise that it has withdrawn its indicative\n proposal.\n\n\nMonument is continuing discussions with CEN regarding alternative\n commercial options for future exploration activity at CEN's main\n phosphate deposit (the Arganara Project).  These discussions are\n preliminary in nature and may not lead to an alternative proposal.\n\n\nMonument remains committed to securing a long-term supply of phosphate\n rock for its Mengapur Polymetallic Project and will inform its\n shareholders of any future developments.\n\n\nAbout Monument \n\n\nMonument Mining Limited (TSX-V:MMY, FSE:D7Q1) is an established Canadian\n gold producer that owns and operates the Selinsing Gold Mine in\n Malaysia, with production cash costs among the lowest in the world. \n Its experienced management team is committed to growth and is advancing\n several exploration and development projects in Malaysia, including the\n 100% owned, development stage, Mengapur Polymetalic Project. The\n Company employs 320 people in Malaysia and is committed to the highest\n standards of environmental management, social responsibility, and\n health and safety for its employees and neighboring communities.\n\n\nRobert F. Baldock, President and CEO\nMonument Mining Limited\nSuite 910- 688 West Hastings StreetVancouver B.C. Canada V6B 1P1\n\n\n\"Neither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\"\n\n\nForward-Looking Statement\n\n\nThis news release contains forward-looking statements about Monument\n Mining Limited (\"Monument\"), its business and future plans.\n Forward-looking statements are statements that are not historical facts\n and include the timing of the proposed programs and events.  The\n forward-looking statements in this news release are subject to various\n risks, uncertainties and other factors that could cause actual results\n or achievements to differ materially from those ...