13
Mar
12:51
Arrow Minerals raises $10m to accelerate Simandou North
Australia-listed Arrow Minerals announced a $10 million capital raising on 13 March via a placement of 2 billion new shares, in order to accelerate exploration and fund acquisition of 100% interest in Simandou North Iron Project.
The company aims to expedite acquisition of remaining 66.7% interest in the entity that holds the Simandou North Iron Project, to take 100% legal and beneficial interest in Amalgamated Minerals Pte. Ltd, which holds the Simandou North Iro…
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Anonymous
Very good overview of the weekly steel market.
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