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Article: Same day presentation and ASX listing.
- Article from:
- Australasian Business Intelligence
- Article date:
- April 10, 2003
CopyrightCOPYRIGHT 2003 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apr 09, 2003 (Gold Gazette - ABIX via COMTEX)
The Fortitude gold project is a major asset of Midas Resources, a company that listed in Australia in February 2003. The project was acquired from Abelle, formerly Aurora Gold, for $A3m in cash plus 10 million shares. Midas Resources raised $A7m by issuing 35 million shares and 17.5 million options. The company intends to start drilling programs at Fortitude and elsewhere in its Lake Carey project area in Western Australia in March 2003. The company also has ...