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IMAGE RESOURCES NL Capital/Financing Update 2004
65117_rns_2004-05-18_01cbdd5f-06d9-47bc-a2e3-c411e4099bfe.pdf
Capital/Financing Update
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Australian Stock Exchange Limited CAPS Office
2nd Floor, 35 Outram St West Perth WA 6005 PO Box 644 West Perth WA 6872 Telephone 08 9485 2410 Facsimile 08 9485 2840 [email protected] www.imageres.com.au
ABN 57 063 977 579
Dear Sir/Madam,
RE: METEORIC RESOURCES NL NEWS RELEASE
Attached is a news release made by Image's subsidiary, Meteoric Resources NL.
The release announces the lodgement of its prospectus yesterday, 18 May 2004.
Yours faithfully COMPANY SECRETARY
Rudolf Tieleman 19 May 2004
(大学) (大学) METEORIC RESOURCES
News Release 19 May 2004
METEORIC RESOURCES NL A NEW COPPER-GOLD EXPLORER
Meteoric Resources NL is pleased to announce lodgement of its prospectus yesterday, 18 May 2004. Strong interest from a number of Perth and interstate brokers has encouraged Meteoric's directors to be confident of raising between 4 and 5 million dollars. The offer is expected to open on 26 May 2004 and to close on 2 July 2004.
Previous successful floats with which the directors have been involved include Magnetic Minerals Limited, taken over at a multiple of 1.8 times its listing price following its successful mineral sands discoveries, and Image Resources currently trading at double its listing price following its Emu Lake nickel discovery.
Meteoric's main focus is the Warrego North copper-gold project covering an interpreted 11km strike extension only 3km from the rich Warrego mine (1.3Moz Au and 91,500t Cu) near Tennant Creek. Meteoric is planning to carry out detailed gravity and magnetic surveys over several target areas in a search for high-grade copper-gold orebodies associated with hematite and magnetite ironstones.
For more information on the company visit www.meteoric.com.au
Please direct enquiries to: Roger Thomson Managing Director Phone (08) 9485 2836 Mob: 0419 969 183
George Sakalidis Executive Director - Exploration Phone (08) 9485 2836 Mob: 0411 640 337
t 08 9485 2836 f 08 9485 2840 e [email protected] w meteoric.com.au
2nd (foor 35 outram st west perth wa 6005 po box 963 west perthwestern australia 6872