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| | Resource Investor - Press releases - Jubilee Platinum - Joint Venture with TransAsia Minerals |
 | | Jubilee and MRM Sarl (“MRM”), Jubilee’s 85% owned Madagascan subsidiary, grant TransAsia the right to acquire undivided 51% interests in its Londokomanana and Itsindra properties for funding of an aggregate of US$10,000,000 on exploration: US$7,000,000 on Londokomanana and US$3,000,000 on Itsindra over a period of three years. |
 | | As operator, Jubilee will be entitled to use 7.5% of the exploration funds for general corporate and management expenses. |
 | | Jubilee has the legal right to buy back 10% of the local partner’s 15% interest in MRM for US$100,000 per percentage point. |
| www.resourceinvestor.com /pebble.asp?relid=24761 (1110 words) |
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