Kangaroo Metals Limited (ASX:KML) Signs Memorandum Of Understanding On Sale Of Its Assets

  Brisbane, Australia, Mar 18, 2009 - (ABN Newswire) - Kangaroo Metals Limited (ASX:KML) wishes to advise that it has signed a new non binding MOU for the sale of some of its assets.The terms of the new MOU are largely consistent with the previous MOU entered into by the company and with a related party of the same group. The purchaser is currently working through a series of due diligence matters and has requested 35 days to complete this process.  

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