AZQ ascot resources limited
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News: Ascot Resources completes Wonmunna acquisition, $10M raising

  1. Proactive
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    23/09/14
    09:10
    Post #: 14013366

    The acquisition and $10 million capital raising ($5M - RCF) represents global commodities trader, the Gunvor Group's first investment in iron ore and first in Australia. It was also struck at a premium to prevailing Ascot share price. Wonmunna is adjacent to leading iron ore producers in the Pilbara and existing infrastructure.

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