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BRIEF-Moreton Resources acquires tenements

Published 05/02/2016, 05:43 pm
Updated 05/02/2016, 05:50 pm
© Reuters.  BRIEF-Moreton Resources acquires tenements
MRV
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Feb 5 (Reuters) - Moreton Resources Ltd MRV.AX :

* Mrv acquires highly prospective tenements MRV.AX

* Through its unit Mrv Metals Pty Ltd, it has entered into a binding agreement

* Agreement to acquire a range of tenements in the granite belt region, close to the township of Texas in Southern Queensland

* Says acquisition is fully funded from current cash reserves

* Says co is expected to spend less than $75,000 through purchase of these tenements from liquidator of former alcyone assets

* Source text for Eikon ID:nASX9JYstl

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