Business Services Industry

Olympia float has cash-flow potential.

Australasian Business Intelligence, June, 2002

Jun 13, 2002 (Minerals Gazette

ABIX via COMTEX) -- Olympia Resources wants to raise $A3 million through the issue of 15 million $A0.20 shares. One free attaching option is included with every two shares. The sponsoring broker, Reynolds & Company, is providing an oversubscription facility worth $A1 million. Olympia intends to float on the Australian Stock Exchange on 27 June 2002. The company is involved in an industrial garnet project in the Northern Territory and a Western Australian mineral sands project. MD Alan Lockett says that both operations could potentially become high-quality industrial minerals enterprises.

Publication Date: May 2002

OLYMPIA RESOURCES NL - ASX OLY: ILUKA RESOURCES LIMITED - ASX ILU: CABLE SANDS LIMITED: REYNOLDS...

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