White Rock Minerals - Entitlement Offer Extension
Ballarat, Oct 24, 2019 AEST (ABN Newswire) - White Rock Minerals Limited (
ASX:WRM) refers to its ASX announcement dated 30 September 2019 regarding a 2 for 3 pro-rata non-renounceable entitlement offer (Entitlement Offer) of fully paid ordinary shares (New Shares) together with 1 option (New Option) for every 3 New Shares, to existing eligible shareholders to raise up to $5.4 million and advises that the White Rock board has determined to extend the closing date of the Entitlement Offer by two weeks.
Applications will now be accepted until 5.00 pm (Melbourne time) on Wednesday, 13 November 2019.
For full details, please visit:
https://abnnewswire.net/lnk/Q2IZX07Z
About White Rock Minerals Ltd
White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska. At Red Mountain, there are already two high grade zinc - silver - gold - lead VMS deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 609g/t AgEq / 13% ZnEq. The Company is also exploring its recently discovered large intrusion related gold anomaly at Last Chance, also located in the Tintina gold belt of Alaska, home to multi-million gold ounce deposits like Pogo, Fort Knox and the Donlin Project. The Company also has the Mt Carrington project, located near Drake, in Northern NSW, which is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver on an approved mining lease, and with a Gold First PFS and JORC Reserve.
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