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BRIEF-Golden Cross Resources proposes funding package for co's copper hill project

Published 17/11/2015, 03:33 pm
© Reuters.  BRIEF-Golden Cross Resources proposes funding package for co's copper hill project
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Nov 17 (Reuters) - Golden Cross Resources Ltd GCR.AX :

* Propose a funding package to complete a pre-feasibility study for the company's copper hill project by December 2016

* Says funding package to raise up to approximately $2.45M

* Says placement to investors to raise up to $1.4M

* Simulus group to undertake $700K of pfs metallurgical and engineering work, to be part paid through $350K share issue

* Source text for Eikon ID:nASX36nsL2

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