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BRIEF-Bass Metals says strategic investment in Graphmada

Published 22/09/2015, 09:34 am
© Reuters.  BRIEF-Bass Metals says strategic investment in Graphmada
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Sept 21 (Reuters) - Bass Metals Ltd BSM.AX :

* Strategic investment in graphmada BSM.AX

* Says agreement to acquire 25% initial stake in producing graphite mine

* Says A$4.4M investment at 20% discount to cash

* Graphmada operations near term projected production 1,000 tons for FY 2015

* Graphmada operations near term projected production projected to increase to 6,000+ tons for FY 2016

Source text for Eikon ID:nASX2f4xMS

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