Gippsland raises A$3.2m to advance Abu Dabbab Tantalum Project

Oct. 01, 2010 08:04AM PST

Gippsland (ASX: GIP, FRA: GIX) reports firm commitments from clients of Patersons Securities Ltd for the placement of 80 million fully paid ordinary shares at $0.04 per share to raise $3.2 million. The proceeds will be used to progress its flagship 44.5 million tonne Abu Dabbab Tantalum-Tin-Feldspar Project in Egypt and for working capital. For complete news […]

Gippsland (ASX: GIP, FRA: GIX) reports firm commitments from clients of Patersons Securities Ltd for the placement of 80 million fully paid ordinary shares at $0.04 per share to raise $3.2 million.

The proceeds will be used to progress its flagship 44.5 million tonne Abu Dabbab Tantalum-Tin-Feldspar Project in Egypt and for working capital.

For complete news release, click here.

For Gippsland company profile, click here.

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