Legend Mining to bank A$17.5M from Cameroon Project sale to Jindal

Legend Mining’s (ASX:LEG) shares are expected to trade higher following the satisfaction of all conditions precedent (CP) regarding the sale of its Ngovayang Iron Project in Cameroon to a subsidiary of Jindal Steel and Power Limited. Completion of the contract is scheduled to take place on 15 July 2014. The sale will leave Legend in…