Geoinformatics finalises Rio deal

BOUTIQUE exploration junior Geoinformatics aims to raise at least $C4 million ($A4.7 million) in equity by the end of the year after finalising an agreement with Rio Tinto subsidiary Kennecott that will see it spending $US20 million ($A26.2 million) on targets in Mexico and North America by March 2008.

Geoinformatics finalises Rio deal Geoinformatics finalises Rio deal Geoinformatics finalises Rio deal Geoinformatics finalises Rio deal Geoinformatics finalises Rio deal

Details of both the equity raising and a $20 million convertible note in the offing are yet to be finalised, though the latter is expected to be signed off by the end of the month, according to

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