Capital Watch: Jervois Mining, Proto Resources, East Coast Minerals

JERVOIS Mining welcomed the new year by announcing a $A1.7 million rights issue. Proceeds of the one-for-five non-renounceable issue will go towards working capital, ongoing project activity and possible legal work associated with China Railways Resources.

Capital Watch: Jervois Mining, Proto Resources, East Coast Minerals Capital Watch: Jervois Mining, Proto Resources, East Coast Minerals Capital Watch: Jervois Mining, Proto Resources, East Coast Minerals Capital Watch: Jervois Mining, Proto Resources, East Coast Minerals Capital Watch: Jervois Mining, Proto Resources, East Coast Minerals

Jervois received a letter of demand from China Railways last month over repayment of $US1 million ($A1.5 million) relating to an expired frame agreement.

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