May 17 - Graynic Metals

Proposed code: GYN Issue price: $0.20 Principal activities: Base metals exploration. Corporate: Ron Thom (managing director); Nathan McMahon (non-executive director); Clive Jones (non-executive director). (08) 9389 8033 Graynic hopes to raise $1.25 million to increase base metals exploration. Lead manager: Patersons Securities

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