Proactiveinvestors Australia

Ram Resources www.ramresources.com.au/

Ram Resources' (ASX: RMR) key proejct is the Motzfeldt multi-element project in Southern Greenland, which is targeting rare earths. The company is also moving to acquire the Fraser Range Project in the Albany-Fraser Orogen of Western Australia.

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Ram Resources to raise capital, focussed on Fraser Range

Monday, February 24, 2014 by Proactive Investors

Ram recently added five more tenements in Western Australia’s Fraser Range belt.

Ram recently added five more tenements in Western Australia’s Fraser Range belt.

Fraser Range focused Ram Resources (ASX: RMR) is heading to market with a capital raising.

The ASX has today granted the company a trading halt, with its shares placed in pre-open.

Ram recently added five more tenements in Western Australia’s Fraser Range belt, via an option covering 163 square kilometres of ground.

The tenements, known as Fraser Range North, are located 150 kilometres north of both Ram’s existing Fraser Range Project and Sirius Resources’ (ASX: SIR) Nova nickel-copper deposit.

The halt will remain in place until the opening of trade on Wednesday 26th February 2014, or earlier if an announcement is made to the market.

 

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Andrew McCrea is Sub Authorised Representative (SAR: 291331) of Proactive Investors Australia Pty Ltd
(ABN: 19 132 787 654) which is a Corporate Auhorised Representative (CAR: 413802) of RM Capital
Pty Ltd (AFSL: 221938).

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