Brief: Gwr Group Says Signed Binding Term Sheet With Jindalee Resources For 70% Stake In Advanced Prospect Ridge Magnesite Project
Jan 27 (Reuters) - GWR Group Ltd GWR.AX :
* SIGNED BINDING TERM SHEET WITH JINDALEE RESOURCES FOR
ACQUISITION OF 70% STAKE IN ADVANCED PROSPECT RIDGE MAGNESITE
PROJECT
* RESOLVED TO RAISE A$2 MILLION BEFORE COSTS VIA A PLACEMENT
Further company coverage: GWR.AX
Recent news on GWR
See all newsBrief: Australian Government Takeovers Panel Declined To Conduct Proceedings For GWR Group
Brief: GWR Group Says Capital Return To Distribute 6.1 AU Cents Payable On Sept 22
Australia's GWR Group gains most in over 1-1/2 years after declaring cash distribution
Newscasts - Battery-powered train sets world record with 200-mile journey
Brief: GWR Says HY Profit From Continuing Operations Before Income Tax A$8.5 Million