Leyshon Resources reported that the sale of the Zheng Guang gold project, China, has completed several months ahead of schedule with all funds now received.
Leyshon Resources reported that it has entered into a conditional agreement to sell its interest in the Zheng Guang project following a competitive divestment process involving a number of Chinese and international companies.
Reported that it has deferred all major expenditures until after the winter. All relevant personnel have been demobilised during this period. The planned recommencement of site based activities in April 2009 is subject to the completion of the necessary approvals and funding arrangements.
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