July 1 (Reuters) - Magnis Resources Ltd (MNS) :
- Response to media speculation (MNS)
- Refers to an article in today's Australian financial review street talk
column in relation to a future capital raising
- Magnis confirms it currently has approximately $7 million in the bank
- Says there is no imminent capital raising as referred to in the article
- Current funding is sufficient to execute the near term work program
News: MNS Magnis Resources responds to media speculation
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