Brief: Nimy Resources Says Drill For Equity Agreement With Raglan Drilling
Jan 24 (Reuters) - Nimy Resources Ltd NIM.AX :
* DRILL FOR EQUITY AGREEMENT WITH RAGLAN DRILLING
* DEAL ALLOWS NIMY TO SATISFY UP TO 50% OF DRILLING COSTS
INVOICED
BY RAGLAN DRILLING THROUGH ISSUE OF ORDINARY NIMY SHARES
* RAGLAN HAVE AGREED TO ACCEPT UP TO MAXIMUM OF A$1 MILLION
OF
SHARES THROUGH SCHEME
Source text for Eikon: ID:nASXbQ1yr0
Further company coverage: NIM.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Nimy Resources
See all newsBrief: Nimy Resources Receives A$1.38M Research And Development Refund
Brief: Nimy Resources Signs MoU With M2I Global For Gallium Sale
Australia's Nimy Resources falls on discounted share purchase plan
Brief: Nimy Resources To Proceed With Raising Up To A$2.5 Million
Brief: Nimy Resources Completes A$1.72M Share Placement For Exploration