CAPITAL MARKETS

Chameleon looking for cash as Murchison face-off continues

CHAMELEON Mining intends to raise $A2.7 million cash via the issue of 100 million new shares as it continues to claim it has legal ownership of Murchison Metals’ Mid West iron ore projects.

Kate Haycock
Chameleon looking for cash as Murchison face-off continues

Chameleon and Murchison ended up in mediation this week over Chameleon's claim that it is entitled to Murchison's share in Crosslands, the vehicle that holds Murchison's iron ore assets in Western Australia's...

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