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Ram shares soar on exploration buy

By:  
Creamer Media Senior Deputy Editor: Australasia
 
EXPLORATION
The share price of ASX-listed junior Ram Resources closed 50% higher on Monday after the company announced the possible acquisition of an 80% stake in the West Kimberley nickel-copper project, in Western Australia. Ram on Monday said the company paid A$40 000 for a six-month option to acquire the majority stake in the West Kimberley project, with the company able to extend the option by an additional 12 months through the payment of a further A$60 000.
 
 
 
 
 

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