StratMin receives first settlement payment from Bass Metals

22nd Dec 2016 12:25

(ShareCast News) - StratMin confirmed on Thursday that it had received the first payment of AUD 0.96m into its UK bank account from Bass Metals.The AIM-traded firm had initially announced the early cash settlement of outstanding payments from Bass Metals on 15 December."The company can also confirm that the placement of its 70 million shares in Bass has occurred and the company expects to receive the proceeds into its UK bank account before the year end," it added it a statement.