White rock minerals ltd asx wrm is a diversified explorer and near stage producer headquartered in ballarat victoria.
White rock minerals consolidation.
Mt carrington australia and red mountain alaska.
Bristow said industry consolidation needs to continue so that tier one assets move into the hands of the best mining companies.
One of the most recent was alaska focused explorer white rock minerals asx wrm.
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White rock owns the red mountain project in central alaska a high grade zinc silver lead gold vms and gold irgs project and the advanced mt carrington gold silver project in new south wales.
White rock minerals limited is an australia based minerals exploration and development company with activities focused in the new england fold belt of northern new south wales and the bonnifield district in central alaska.
White rock minerals limited description.
About white rock minerals ltd.
White rock minerals ltd has kicked off reconnaissance mapping and detailed soil sampling at last chance gold prospect at its 100 owned red mountain project in central alaska with drilling targeted in august.
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White rock continues to trade on a deferred.
Many other companies have done bigger splits a handful of stocks did a one for 100 consolidation.
Prior to undertaking a consolidation the company had 1 9 billion shares on issue but post consolidation and a capital raise it now has 72 6 million on issue.
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White rock minerals is a minerals resources exploration and development company based in the historic mining centre of ballarat in victoria australia.
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Wrm has announced a proposed equity raising to raise a total of up to approximately a 7 35 million before cost through a two tranche placement and a fully underwritten share purchase plan spp as well as a proposed consolidation of its issued capital through the conversion of every 100 existing shares into one share.
The company operates through two segments.
White rock minerals ltd advises that its 100 to 1 share consolidation which was approved at the general meeting held on 9 july 2020 is now complete.
White rock minerals sets cracking alaska pace in first field season.
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White rock minerals asx.
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White rock minerals ltd asx wrm share consolidation update abn newswire.