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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
Post by RonVachiyeron Feb 24, 2017 4:58pm
219 Views
Post# 25891583

someone is lying

someone is lyingsomeone here is saying that it didnt close early.  so who is it.  some dude from Stockhouse that was pumping MMS less than 24 hours ago and is now bashing?  or the CEO?  someone is lying,  you folks decide


from https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1270-tsx-venture/mms/29613-macarthur-minerals-closes-pre-asx-ipo-fund-raising-for-macarthur-australia-limited-42-oversubscribed.html

David Taplin, President, CEO and Director of Macarthur Minerals, commented:

"Closing of the Pre-IPO fund raising for Macarthur Australia Limited, oversubscribed, demonstrates strong interest for the upcoming IPO of our Australian iron ore and lithium projects. Demand for the Pre-IPO fund raising was so strong, we had to close early, declining and scaling back subscription applications. We believe that an ASX IPO of Macarthur Australia will provide improved price realisation for our Australian iron ore and lithium projects more consistent with ASX listed peers. Funds raised in an IPO will allow Macarthur Australia to significantly advance the Australian iron ore and lithium projects."

Bullboard Posts