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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Bullboard Posts
Comment by Mimibegaloon Feb 23, 2017 11:45pm
205 Views
Post# 25887054

RE:RE:RE:Pre-IPO and IPO... and MMS Canada (TSX)

RE:RE:RE:Pre-IPO and IPO... and MMS Canada (TSX)
the structure was updated in today's NR, mms will keep between 60 and 77% of the australian assets... ''The board of Macarthur Minerals believes that an ASX IPO of its Australian subsidiaries, which hold its Australian iron ore and lithium projects, will provide improved price realisation for those projects more consistent with its ASX listed peers. Macarthur Australia intends to raise between approximately A$5 million and A$14 million in an ASX IPO with Macarthur Minerals retaining between approximately 60% and 77% of Macarthur Australia.'' Read more at https://www.stockhouse.com/news/press-releases/2017/02/23/macarthur-minerals-closes-pre-asx-ipo-fund-raising-for-macarthur-australia#jwo74RltVsyiqD3u.99
Bullboard Posts