|December 2016 Quarterly Report|
Quarterly Report and Cash Flow for 31 December 2016
Maronan, QLD, Silver-Lead & Copper-Gold
Lawn Hill, QLD, Zinc-Lead-Silver
Emu Creek Joint Venture, QLD, Copper-Gold
Leichhardt, QLD, Copper-Gold
Frome Joint Venture, SA, Copper-Gold
Tennant Creek, NT, Copper-Gold-Bismuth
Nullarbor, WA, Copper-Gold
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|Announcement 11 November 2016|
Rights Issue to Fund Drill Testing of Base Metal Projects
The Company has resolved to conduct a non-renounceable entitlements issue of shares on a 1 for 8 basis at 8.5 cents per share, to raise up to approximately $1,856,951. The offer will be underwritten by Veritas Securities.
Funds raised through the entitlements issue will primarily be used to drill test a number of exciting base metal targets within Red Metal’s portfolio and continue to advance the Company’s funding strategy for Maronan Project.
The new funds will initially be put to work drill testing:
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|2016 Annual Report|
Red Metal Limited annual report for 2016 financial year.
Download report (4.5 Mb pdf) - printer's version