RMS TMX

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  1. FNN News
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    15/03/12
    10:51
    Post #: 9842499
    .


    Gold miner Ramelius Resources Limited (ASX:RMS) has inked a deal with Terrain Minerals Limited (ASX:TMX) to acquire a the Coogee gold deposit.



    The Coogee gold deposit is located northeast of Kambalda in Western Australia and has been purchased for $900,000 cash.



    The completion of the transaction is expected to occur next month.



    Ramelius Resources reported a net profit of $16.1 million in the 2011 financial year.


    RMS Price at posting: 90.0¢ Sentiment: None Disclosure: Held
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