Metallica Minerals Limited (ASX:MLM) Share Buyback-Transfer Agreement With Resource Capital Funds (RCF)

  Brisbane, Australia, April 12, 2010 - (ABN Newswire) - Metallica Minerals Limited (ASX:MLM) are pleased to announce a non-cash selective share buy-back and transfer agreement (the Agreement) between the Company and its second largest shareholder, Resource Capital Funds III and IV (RCF).The agreement, which is subject to Metallica shareholder approval, effectively involves RCF exchanging 7.74 million of its shares in Metallica for approximately 3.  

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