Strzelecki Metals Limited : Quarterly Activities Report - News.MN

Strzelecki Metals Limited : Quarterly Activities Report

Old News! Published on: 2012.08.03

Strzelecki Metals Limited : Quarterly Activities Report

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Strzelecki Metals Limited has entered into a Heads of Agreement to acquire
100% of Wolf Petroleum Limited. This is a 100% scrip transaction.

Wolf Petroleum shareholders to be offered twenty five Strzelecki Shares for
every one Wolf Petroleum Share.

Proposal to re name Strzelecki to Wolf Petroleum Limited.

Wolf Petroleum is an unlisted highly successful Mongolian focussed oil and
gas explorer.

Wolf Petroleum is one of the largest and most active petroleum explorers in
Mongolia and his currently running successful work programmes across three
blocks.

Mongolia is an emerging petroleum province with early exploration success
and production being delivered proximal to Wolf Petroleum”s Blocks.

Mongolia is “open for business” and actively encourages foreign
investment in its resources sector. The Wolf Petroleum Board including; Matthew
Wood, George Tumur and Tim Flavel have had considerable success operating in
Mongolia.

Exploration interests in both southern Poland and Western Australia were
enhanced through the activities of the joint venture partners.

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