CAPITAL MARKETS

LionOre, Thundelarra team up in Kimberley

LIONORE Mining International has taken a 13.3% equity stake in nickel and gold explorer Thundelarra Exploration and will form a joint venture with the junior in Western Australia’s East Kimberley region.

Michael Quinn
LionOre, Thundelarra team up in Kimberley

LionOre will subscribe for 7.8 million shares at 45 cents and be also issued with 11 million free unlisted options exercisable at 68 cents at any time over the next four years. The share issue raises...

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