Ausmelt picks up $1 million of Compass stock

COMPASS Resources is slowly piecing together the funding needed to fast track its Browns polymetallic project, with Ausmelt agreeing to subscribe to $1 million of the Sydney-based junior's stock.

Ausmelt picks up $1 million of Compass stock Ausmelt picks up $1 million of Compass stock Ausmelt picks up $1 million of Compass stock Ausmelt picks up $1 million of Compass stock Ausmelt picks up $1 million of Compass stock

Under a deal announced today, Ausmelt will subscribe to 2,083,333 shares in Compass at 48c each, with the right to subscribe for 10,286,667 shares on or before June 30 next year in three equal

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