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Mar 15, 2021

Red Metal to spin out key silver project

Red Metal to spin out key silver project

Red Metal proposes to spin out its silver-rich Maronan project through the listing on the ASX of its subsidiary Maronan Metals. The company believes the spin out and related IPO will help fast-track development of the project, located about 60km south-east of Cloncurry in North-West Queensland. Maronan Metals would raise up to $36 million to…

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