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Reed buys Meekatharra for $28M

REED Resources has swooped on troubled company Mercator Gold Australia in a $A28 million deal whi...

MiningNews.Net
Reed buys Meekatharra for $28M

Reed is acquiring 100% of Mercator’s tenements, which contain JORC-compliant gold resources and reserves of 2.5 million ounces and 420,000oz respectively, for $26.7 million in cash and 2 million Reed shares....

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