MLS 9.52% 1.9¢ metals australia ltd

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    METALS ‘OPES PRIME’ EXPOSURE RESOLVED

    The Directors wish to confirm that Metals Australia Ltd (‘Metals’), as far as it is aware, has no
    further exposure to the Opes Prime Group Ltd (‘Opes Prime’).
    The Directors became aware that the liquidators to Opes Prime held approximately 6.6 million shares in Metals, which were offered for sale.

    These shares were in no way associated with the
    Directors or management of the company and, according to our enquiries, all have now been sold
    on the open market.

    Metals remains in a strong financial position. It has active exploration programmes at its Mile 72
    uranium project in Namibia and its Manindi Zinc Project in Western Australia and has adequate
    cash resources to meet its current objectives.

    Exploration is continuing at both projects and further announcements will be released as results
    come to hand.

    Yours faithfully,
    Norman Grafton
    Company Secretary
    Metals Australia Ltd
    For further information please contact:
    Norman Grafton - Company Secretary Phone (08) 9481 7833
    Or consult our website: www.metalsaustralia.com.au
 
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Last
1.9¢
Change
-0.002(9.52%)
Mkt cap ! $13.78M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $23.94K 1.214M

Buyers (Bids)

No. Vol. Price($)
3 165038 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 2746370 2
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