Tel: +61(8) 9212 0600
    Fax: +61(8) 9212 0611


    Level 1/8 Kings Park Road,
    WEST PERTH WA 6005
    PO Box 626
    WEST PERTH WA 6872

  • Cameroon Project (SOLD)

    Legend announced to the ASX on 5 August 2014 the completion of the sale of its Cameroon Project in West Africa to Jindal Steel and Power.  The consideration for the sale totals A$17.5M and is summarised below:

    • A$6M received at completion 5 August 2014
    • A$3M received 15 September 2015
    • A$3M payable on or before 15 December 2016, with interest of 4% payable quarterly in arrears on this $3M amount from 15 September 2015
    • A$5.5M to be paid upon the first commercial shipment of iron ore from the Project.

    The Ngovayang Project is located in the southwestern region of Cameroon, West Africa and covers approximately 2,970km² comprising three exploration permits.