Develop completes Woodlawn buy

DEVELOP has completed the acquisition of the Woodlawn zinc-copper mine in New South Wales.

Develop completes Woodlawn buy Develop completes Woodlawn buy Develop completes Woodlawn buy Develop completes Woodlawn buy Develop completes Woodlawn buy

Woodlawn in New South Wales

The company paid A$30 million up-front, comprising $15 million cash and the issue of 4.8 million shares at $3.14 each, to secured creditors of collapsed miner Heron Resources.