Ausroc has completed the reverse takeover of Adelaide-based explorer Woomera.
The company raised just over $4 million – the minimum sought – as part of its re-compliance with ASX listing rules.
Ausroc had been suspended from trading since late 2014 and went into liquidation in 2016.
Woomera has ground in the Musgrave region of South Australia, as well as more recently acquired lithium tenements in Western Australia.
The company recently entered into a farm-in agreement with copper major OZ Minerals over ground in the remote Eastern Musgrave province in SA’s far north.
Under the joint venture, OZ will fund around 4000m of drilling on seven targets, ...