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WA Metals earmarks de-merger cash for exploration

WEST Australian Metals executive director of minerals David Hamlyn said majority of the $1.5 million cash generated by the de-merger of the company's mineral and engineering businesses would be put back into exploration.

Brad Ricks
WA Metals earmarks de-merger cash for exploration

WA Metals announced its plans two weeks ago to spin-off Austin Engineering into a new publicly listed company, after only purchasing the engineering firm in April. Once the de-merger has been approved...

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