News Articles for Magma Metals

There were 20 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.

WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f

West Perth-based Magma Metals says it has raised $16 million for its Canadian project, with the placement substantially oversubscribed.

West Perth-based minerals group Magma Metals Ltd will raise $6 million through a placement to fund its exploration projects in Canada and Australia.

Advises that on 30 January 2007, 3,625,000 fully paid ordinary shares will be released from escrow and on 28 February, 375,000 shares will be released from escrow.

Western Australian-based minerals group Magma Metals Ltd is to list on the Australian Stock Exchange tomorrow, ahead of time, after its $6 million capital raising recently closed early and oversubscribed.