CAPITAL MARKETS

Metallica picks up historic mine

METALLICA Minerals has acquired the Greenvale nickel laterite minesite tenements in Queensland from Straits Resources and Resource Mining Corporation for $A1.65 million in cash and shares.

Kristie Batten
Metallica picks up historic mine

The acquisition includes the nearby Lucknow tenement. The company will pay $650,000 cash and issue 3.33 million Metallica shares to the joint venture partners. Straits had earnt a 70% interest in...

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