logo-loader
viewGladiator Resources Ltd

Gladiator Resources seeking $6.2m for Uruguay iron feasibility study

au_south_america350_4f0e835f2d696.jpg

Gladiator Resources (ASX: GLA) will undertake a non‐renounceable rights issue to raise $6.2 million via the issue of 68.6 million shares.

A large portion of the proposed raising will advance the Bankable Feasibility Study on the Isla Cristalina pig iron joint venture project in Uruguay.

On completion the company would acquire an additional 29% in the project from Orosur Mining Inc., taking its stake to 80%.

Quick facts: Gladiator Resources Ltd

Price: 0.001 AUD

ASX:GLA
Market: ASX
Market Cap: $2 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

DomaCom's Arthur Naoumidis discusses acquisition of first Rent-to-Own property

DomaCom Ltd's (ASX:DCL) Arthur Naoumidis caught up with Proactive's Andrew Scott following the news it's acquired the first property for its new, innovative Rent-to-Own product in the Melbourne suburb of Moonee Ponds. The one-bedroom apartment in the Mason Square development was acquired for...

22 hours ago

2 min read