EXPLORATION & DEVELOPMENT

Glengarry get Far East cash

WARICK Grigor’s Far East Capital has backed Glengarry Resources to the tune of $A1.35 million, snapping up 27 million shares in order to help the junior fund uranium and copper exploration programs at its Greenvale project in north Queensland.

Michael Vaughan
Glengarry get Far East cash

The placement is priced at 5c per share. Glengarry says the funds will be used to drill the Maitland copper prospect and the Oasis uranium prospect at Greenvale. Drilling is set to restart in the middle...

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