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BRIEF-Rox Resources updates on strategic review and capital raising

Published 03/11/2015, 11:30 am
Updated 03/11/2015, 11:39 am
© Reuters.  BRIEF-Rox Resources updates on strategic review and capital raising
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Nov 3 (Reuters) - Rox Resources Ltd RXL.AX :

* Strategic review and capital raising RXL.AX

* Conducted a strategic review of its projects and assets.

* Says decided to consider options for commercialising its interest in the reward zinc project

* Rox has decided to consider options for commercialising its interest in the reward zinc project.

* Will undertake a capital raising to raise approximately $2.1 million

* Says have set a valuation of at least $14.25 million for the company's interest in the reward zinc project

* Will also undertake capital raising via a placement and entitlements issue

* Source text for Eikon ID:nASX8PYypr

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