04
Mar
06:24
Fenix to invest in Athena Resources
Australian miner Fenix Resources has entered into a binding agreement with miner Athena Resources to subscribe for up to AUD 1 million ($650,000) worth of convertible notes (Notes) in Athena, Kallanish learns.
The firm says in a statement that the funding to be supplied by Fenix is intended to assist Athena in completion of the pending scoping study of Athena’s Byro magnetite project in Western Australia’s Mid-West region.
The notes…
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