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Macarthur Minerals "coming back home" with ASX listing

Macarthur Minerals Limited (CVE:MMS) CEO Joe Phillips updates Proactive on the company's intended listing on the ASX, on a number of new appointments and progress with the flagship Lake Giles Iron Ore Project in WA.

He says the proposed listing will result in Macarthur "coming back home" after being domiciled on the Canadian exchange for the past decade and will provide the first opportunity for Australian, Singaporean and Hong Kong investors to invest directly in the company.

A prospectus for the listing is out and Phillips says this has attracted good initial response.

The CEO also discusses a number of new appointments which aims to advance the Lake Giles project towards development and production.

Quick facts: Macarthur Minerals Ltd

Price: 0.295 AUD

ASX:MIO
Market: ASX
Market Cap: $23.75 m
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Macarthur Minerals highlights key economic assessment results at Lake Giles

Macarthur Minerals Limited (TSX-V:MMS) chief executive officer Joe Phillips updates Proactive Investors on recent preliminary economic assessment results at its Lake Giles Iron Ore Project in Western Australia.    Phillips notes the company reduced its operational...

on 19/6/19

2 min read