Image Resources receives approval for Murray Zircon stake in minsands project
Published: Friday, 07 August 2015
The agreement between Image Resources and Murray Zircon will speed up the Boonanarring mineral sand project’s development, subject to shareholder approval. In exchange for a 47% stake in Image, Murray Zircon will provide equipment and expertise at the project, enabling production to start sooner.
ASX-listed Image Resources Ltd has received Foreign
Investment Review Board (FIRB) approval for the previously
announced transaction with Murray Zircon Pty Ltd, which gives
the company an interest in Image...