Talisman Mining Ltd and Proto Resources and Investments Ltd have agreed to shelve the proposed $4 million initial public offer of their uranium joint venture, Protal Metals Group Ltd.
Osborne Park-based Talisman Mining Ltd and Sydney-based Proto Resources and Investments Ltd have agreed to vend their uranium exploration assets into a new company to be called Protal Metals Group, which plans to undertake a $4 million public share offer.
Advise that the escrow period for the following - TLMAI Ordinary fully paid shares 1,037,500 6 September 2006 & TLMAK Ordinary fully paid shares 225,000 7 September 2006.
