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Kalman Joint Venture Change

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April 03, 2013 11:59 ET

Cerro Resources: Kalman Joint Venture Change

LONGUEUIL, QUEBEC--(Marketwired - April 3, 2013) - Cerro Resources NL (ASX:CJO)(TSX VENTURE:CJO) advises that Syndicated Metals Limited has given notice of its withdrawal from the Kalman Joint Venture following earn-in of approximately $2.2M to date.

Cerro Resources will now consider its options in taking the Kalman project forward. The withdrawal by Syndicated Metals does not materially impact the Scheme of Arrangement (refer ASX announcement 22 March 2013).

Detailed information about the Company, its projects, this release in connection with SMD and the transaction with Primero is available on the Company's website and on SEDAR.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.