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Meteoric Resources finalises capital raising

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Meteoric Resources (ASX: MEI) is poised to release details of a capital raising, with the company's shares currently in pre-open following the ASX granting a trading halt.

Meteoric recently intersected kimberlitic rocks confirming potential for a large 400 square kilometre kimberlite field in the West Arunta region of the Gibson Desert in Western Australia.

The halt will last until the earlier of an announcement being made, or the opening of trade on Thursday 29th August 2013.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Meteoric Resources NL

Price: 0.048 AUD

ASX:MEI
Market: ASX
Market Cap: $53.84 m
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Meteoric Resources hits more bonanza-grade gold at Juruena project in Brazil

Meteoric Resources NL (ASX:MEI) managing director Andrew Tunks updates Proactive on more "thrilling" bonanza-grade drill results from the Juruena Gold Project in Brazil, following similar earlier results from the maiden drill program. Latest assays have returned up to 14 metres at 81.7 g/t...

on 15/10/19

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