Quarterly Activities Report for the Period Ended 31 March 2011
Riedel Resources Limited (“Riedel” or “the Company”, ASX: RIE) is pleased to present its March Quarter 2011 Activities Report:
HIGHLIGHTS
- Riedel successfully listed on the ASX on 31 January 2011 raising $5.22m;
- Appointment of Managing Director, Jeffrey Moore commenced on 4 April 2011;
- Acquisition of Minority Interests at Marymia Project;
- Completion of Farmin Joint Venture at Bronzewing South and Kara Tenements;
- Cash at Bank – as at March 31st 2011, Riedel had cash reserves of $4.56m.
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