News and Announcements
Austpac and Orient Zirconic Sign Two Agreements Totalling $9.48 Million
- Published August 15, 2012 4:26AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Austpac is pleased to announce that the Company has placed 33 million shares at 6 cents each with Orient Zirconic Resources (Australia) Pty Ltd (Orient Zirconic) to raise $1.98 million.
Austpac has also agreed, subject to the consent of Australian Zircon N.L. as farminee under the WIM 150 Farm-In Agreement, to sell E.L. 4521 to Orient Zirconic for $7.5 million.
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