Proactive Investors - Run By Investors For Investors

Meteoric Resources queried by ASX after 44% share price jump

The company received an ASX Aware Letter Query asking it to confirm it was releasing information to the market in a timely fashion, which it confirmed it is.
asx electronic board
It is not uncommon for the ASX to ask these questions after such price action

Meteoric Resources Ltd (ASX:MEI) has received a number of questions from the ASX prompted by the recent price rise from 0.9 to 1.3 cents.

The query from the ASX referenced the share price movement and a number of recent March 2019 announcements.

These were the maiden drill results from at the Joyce Copper-Cobalt-Gold Project in West Ontario, Canada on March 15.

READ: Meteoric Resources reveals maiden drilling results from Joyce Copper-Cobalt-Gold Project

Also the most recent news regarding the company entering into a binding terms sheet with Crusader Resources (ASX:CAS) to acquire the Juruena and Novo Astro gold projects in the state of Mato Grosso in Brazil.

READ: Meteoric Resources to acquire high-grade gold projects in Brazil

Meteoric responded to the ASX confirming it is in compliance with the ASX listing rules.

View full MEI profile View Profile

Meteoric Resources NL Timeline

Related Articles

electicity wires
March 26 2019
'We have four key projects which we are developing in parallel'
Lithium cube
December 08 2018
The resource exploration and development company looks to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning electronic-vehicle industry
March 21 2019
W Resources is about to make a name for itself as a serious European-based supplier of tungsten

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use