Asra Minerals: Completes ownership of the Tarmoola station, Leonora

Asra Minerals Completes ownership of the Tarmoola station, Leonora

• Asra Minerals (ASR) completes the full ownership of its $4 million Tarmoola pastoral station and associated civil machinery
• The company initially purchased the cattle station using $1 million from its cash fund and a $3 million loan from RiverFort Global Opportunities
• The debt on the loan has now been repaid early from existing Asra funds, without the company needing to tap into the cash from a recent capital raising
• Asra says it sees the station as part of its growth strategy and land-holding position in the Leonora region
• Shares in Asra are trading at 1.6 cents at 11:46 am AEDT