Bauxite Resources Limited (ASX:BAU) advises that completion of the sale of BRL's interest in the Bauxite Alumina Joint Ventures ('BAJV'), and the Buy-back of all of Yankuang's shares in BRL, occurred this morning following BRL Shareholder approval of the transaction at the EGM held on 18th January 2016.
Bauxite Resources Limited (ASX:BAU) SASAC Approval Received For Sale of Yankuang Interest in Joint Venture
Bauxite Resources Limited (ASX:BAU) has been advised that State-Owned Assets Supervision and Administration Commission of the Peoples Republic of China has approved the sale of Bauxite's interest in the Bauxite Alumina Joint Venture.
Bauxite Resources Limited (ASX:BAU) Final Agreements Signed with Yankuang for Sale of Joint Venture Interest and Buy-Back of Shares
Bauxite Resources Limited (ASX:BAU) advises the final agreements were signed today with Yankuang Resources Pty Ltd and Yankuang Group Company Ltd for the sale of Bauxite's interest in the Bauxite Alumina Joint Venture, and the Buy-back of Yankuang's shares.
Bauxite Resources Limited (ASX:BAU) announce the September 2015 Quarterly Activities and Cashflow Reports with significant highlights.
Bauxite Resources (ASX:BAU) advises that following the signing of the non-binding MOU for the resolution of the dispute and determination of the joint ventures with Yankuang, with the likely consequential change in focus and direction for BRL going forward, the current Chief Executive Officer and Executive Director Peter Canterbury has resigned his position and decided to pursue other opportunities.
Representatives of Bauxite Resources Limited (ASX:BAU) , Yankuang Resources Pty Ltd (Yankuang), and Yankuang Group Company Ltd ('YGL')'), on 21 October 2015, signed a non-binding memorandum of understanding (MOU) recording that they have negotiated a number of proposed transaction documents.
Bauxite Resources Limited (ASX:BAU) are pleased to provide the Company's Annual Report 2015 to shareholders.
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