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To be advised - Graynic Metals

Proposed code: GYN Issue price: $0.20 Principal activities: Base metals explorer. Corporate: Ron Thom (managing director); Clive Jones (non-executive director); Nathan MacMahon (non-executive director). (08) 9389 8033 http://www.graynicmetals.com.au Graynic hopes to raise $1.25 million. The offer is not underwritten.

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