Specialty metals exploration and development company, Wolf Minerals Limited (ASX:WLF, AIM:WLFE) (“Wolf” or “the Company”) is pleased to provide the following update on the Hemerdon Project in Devon, UK, for the three month period to 31 March 2014.
Highlights from the March quarter include:
- Successful A$182.7 million (£99.2 million) Fundraise to complete funding requirements for Hemerdon Project, subject to shareholder approval.
- Share Purchase Plan launched subsequent to end of quarter to raise up to A$2 million.
- Ground-breaking ceremony to mark commencement of the Hemerdon Project.
- EPC contractor, GR Engineering Services Ltd, commenced construction of the Hemerdon Project.
- Company awarded Mine Project Finance European Deal of the Year for the Hemerdon Project.
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