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Asian investment group snaps up half of Wilcherry Hill DSO

IRONCLAD Mining has signed a deal with MCCM Capital Management that gives the Asian investment group a 9% stake in IronClad, along with a 50% stake in the stage one direct shipping ore component of the company’s Wilcherry Hill iron ore project.

Nick Evans
Asian investment group snaps up half of Wilcherry Hill DSO

Under the terms of the memorandum of understanding, announced this morning, IronClad will issue 4.4 million shares to MCCM to raise $6.6 million. MCCM also has agreed to kick in $35 million towards...

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