Creat Resources Holdings Limited
LON:CRHL ISIN:AU000XINAAD8
News
Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) has been advised by AIM listed Creat Resources Holdings Limited (LON:CRHL) that at its annual general meeting held this morning, all resolutions were passed unanimously allowing CRHL to complete the remaining Galaxy placement subscription.
Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to provide shareholders with the March 2010 Quarterly Report which outlines the progress made by the Company during the quarter. The Company is now fully funded and will hold a significant cash position to support the development of both the Mt Cattlin and Jiangsu projects.
Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) has been advised by AIM listed Creat Resources Holdings Limited (LON:CRHL) that it has now received A$26 million from its majority shareholder, Creat Group Co Limited (Creat Group), to complete the remaining Galaxy placement subscription.
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