Murchison halts acquisition hunt

MURCHISON Metals says it will not seek to acquire any mining projects with the $A325 million it received from the sale of its 50% stake in Oakajee Port & Rail and Crosslands Resources to Japan’s Mitsubishi Development.

Murchison halts acquisition hunt Murchison halts acquisition hunt Murchison halts acquisition hunt Murchison halts acquisition hunt Murchison halts acquisition hunt

Previously, the company said it was exploring its options regarding a distribution of the proceeds to shareholders, as well as considering acquisitions.

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