Petratherm Ltd's (ASX:PTR) focus is in two world-class mining provinces – South Australia's eastern Gawler Craton exploring for Olympic Dam Style copper and gold and in Victoria, orogenic gold.
Petratherm Ltd
ASX:PTR ISIN:AU000000PTR5
News
Petratherm Limited (ASX: PTR) today announced that 5.25 million ordinary shares are to be placed by Taylor Collison Ltd and Lands Kirwan Tong Stockbrokers Pty Ltd. The placement is to be made at 28 cents per share and is conditional upon Minotaur Exploration Ltd (Minotaur) exercising $500,000 of its options in Petratherm. Minotaur has advised that it intends to exercise the options subject to the escrow conditions presently in place.
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