CAPITAL MARKETS

Great Australian signs with Impact

GREAT Australian Resources is chasing nickel mineralisation brought from the heavens, with the signing of an agreement to take a 50% interest in a private company whose main project in South Africa reportedly contains a large, circular anomaly believed to be the result of a meteorite impact.

Michael Vaughan

Great Australian has entered into a heads of agreement to take a 50% stake in Sydney-based Impact Mining subject to due diligence and shareholder approval. Great Australian must spend $2 million on Impact’s...

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