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  • MZI Resources Attracts ASX Price And Volume Query  0 comments
    Sep 12, 2013 2:25 AM

    MZI Resources (ASX:MZI) said it could not offer any new explanation for the rise in share price from $0.012 on 30 August to an intra day high of $0.022 on 12 September.

    However, it pointed to positive recent disclosures on progress in raising debt and equity financing for the Keysbrook mineral sands project development and expectation of a decision on the award of the Keysbrook construction contract.

    MZI is in discussions concerning a larger funding package to underpin development of Keysbrook.

    In June, MZI executed a Port Services agreement with the Bunbury Port Authority and finalised a sales agreement with DuPont Titanium Technologies in April for 100% of Keysbrook Project L70 product.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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