f04a83981b35966416d6d1.pdf


BOARD & MANAGEMENT


Mr Luk Hiuming

NON-EXECUTIVE CHAIRMAN


Dr Dongyi Hua

MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER


Mr Michael Fry

NON-EXECUTIVE DIRECTOR


Mr Velko (Vic) Jakovich

NON-EXECUTIVE DIRECTOR


Mr Padraig O'Donoghue CHIEF FINANCIAL OFFICER COMPANY SECRETARY


REGISTERED OFFICE

Level 1 Fortescue Centre 30 Terrace Road

East Perth, WA 6004


POSTAL ADDRESS

Locked Bag 8

East Perth, WA 6892


CONTACT DETAILS

Tel: (08) 9265 1100


WEBSITE

vdmgroup.com.au


SHARE REGISTRY

Computershare Investor Services Pty Limited GPO Box 2975

Melbourne, VIC 3001

Tel: 1300 850 505


ASX CODE

VMG

ASX ANNOUNCEMENT 29 September 2015


Mining Investment Contract Update


VDM Group Limited (VDM) provides the following update on its negotiation of a Mining Investment Contract (MIC) with the Ministry of Geology and Mining of the Republic of Angola (MGM), Pebric Mining and Consulting LDA (Pebric) and Seabank Resources LDA (Seabank) in relation to the Cachoeiras do Binga copper exploration project located in the Republic of Angola (Cachoeiras do Binga).


VDM, Pebric and Seabank have concluded negotiations of the MIC with MGM officials and are in process of drafting several annexures that will form an integral part of the MIC that will be submitted for approval and signature by the Minister of Geology and Mining.


The negotiated MIC terms and conditions are substantially the same as set out in the notice of meeting for VDM's 28 November 2014 Annual General Meeting.


The Board is pleased with the progress achieved towards securing VDM's interest in Cachoeiras do Binga and is looking forward to commencing exploration of the mineral concession in due course.


For further information please contact:


Dr Dongyi Hua

Managing Director & CEO VDM Group Limited

(08) 9265 1100

Padraig O'Donoghue

CFO & Company Secretary VDM Group Limited

(08) 9265 1100



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