EXPRESSIONS
OF INTEREST
Expressions of interest are sought from parties interested in participating in a two phase tender process to acquire the business and associated assets of MRV Metals Pty Ltd (Receivers Appointed) (In Liquidation).
THE MINE IS CURRENTLY IN CARE AND MAINTENANCE
THE MINE IS CURRENTLY IN CARE AND MAINTENANCE
KEY ASSETS INCLUDE:
- Open cut mine and processing plant located at Stanthorpe Texas Rd, Texas QLD.
- 1 mining lease and 5 exploration tenements situated on an area which contains multiple potential resources including high-grade silver and copper.
- 2 environmental authorities.
- Mineral Resource Estimate (JORC 2012) 12,062,000 tonnes at a grade of 53g/t Ag for 20.3 Million Ounces of Contained Silver.
- Significant exploration potential for Cu, Au, Ag, Pb and Zn
- Onsite accommodation and amenities for up to 12 people
- 4 parcels of freehold land
- Mining plant and equipment
- Environmental assurance bond of c.$3.9m
KEY ASSETS INCLUDE:
KEY ASSETS INCLUDE:
- Open cut mine and processing plant located at Stanthorpe Texas Rd, Texas QLD.
- 1 mining lease and 5 exploration tenements situated on an area which contains multiple potential resources including high-grade silver and copper.
- 2 environmental authorities.
- Mineral Resource Estimate (JORC 2012) 12,062,000 tonnes at a grade of 53g/t Ag for 20.3 Million Ounces of Contained Silver.
- Significant exploration potential for Cu, Au, Ag, Pb and Zn
- Onsite accommodation and amenities for up to 12 people
- 4 parcels of freehold land
- Mining plant and equipment
- Environmental assurance bond of c.$3.9m
Summary of the Expressions of Interest Process:
- Register your interest via submitting your details.
- Staff from our office will then contact you to provide you with a confidentiality agreement and invoice for the due diligence fee ($1,000).
- Following receipt of the due diligence fee and signed non-disclosure agreement, you will be provided with access to the data room which contains a confidential information memorandum, due diligence material and other information relating to the sale.
- The first phase of the tender process is a closed tender process. Tenders for the first phase must be submitted by
4:00pm (AEST) Friday 29 January 2021.
- Expressions of interest will then be shortlisted with successful participants invited to participate in a second open Expressions of interest round which will run for 2 weeks.
SUMMARY OF THE TENDER PROCESS:
- Register your interest via submitting your details.
- Staff from our office will then contact you to provide you with a confidentiality agreement and invoice for the data room access fee ($1,000).
- Following receipt of the data room access fee and signed confidentiality agreement, you will be provided with login details for the data room which contains a confidential information memorandum, due diligence material and the tender documents.
- The first phase of the tender process is a closed tender process. Tenders for the first phase must be submitted by
4:00pm (AEST) Friday 29 January 2021.
- Tenders will then be shortlisted with successful participants invited to participate in a second open tender round which will run for 2 weeks.
Register your interest
Thank you for contacting Cor Cordis regarding the MRV Metals expression of interest.
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FURTHER DETAILS FOR THE TENDER PROCESS ARE CONTAINED IN THE CONFIDENTIAL INFORMATION MEMORANDUM WHICH CAN BE ACCESSED VIA THE DATA ROOM.
