AsiaBaseMetals Terminates Definitive Agreement to Acquire Laos Potash Project
20 July 2012 - 9:40AM
Marketwired Canada
AsiaBaseMetals Inc. ("AsiaBaseMetals" or the "Company") (TSX VENTURE:ABZ)
announces that the Company has terminated its previously disclosed definitive
purchase and sale agreement (the "Agreement") for the indirect acquisition by
the Company of a majority interest in the Vientiane Potash Property located in
Laos. The Company terminated the Agreement in accordance with its terms due to
fundamental conditions to closing not having been fulfilled.
ON BEHALF OF THE BOARD OF DIRECTORS
Raj Chowdhry, C.A., President & CEO
AsiaBaseMetals (TSXV:ABZ)
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