Creat Resources Holdings Limited
LON:CRHL ISIN:AU000XINAAD8
Creat Resources Holdings Limited (LON:CRHL), formerly Zeehan Zinc Limited, is engaged in the business of exploration and mine development to extract minerals in Tasmania. During the fiscal year ended June 30, 2009, the Company ceased its drilling activities on Comstock and Oceania properties. The Company’s subsidiaries include Oceania Tasmania Pty Limited, ZZ Exploration Pty Limited, Zeehan Zinc Administration Pty Limited and Zeehan Zinc Properties Pty Limited.
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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