Global Iron (GFE)

Shares / Stock Code

GFE

Stock Exchange / Sharemarket

Australian Securities Exchange
Global Iron (GFE) is an iron ore exploration company that listed on the Australian Securities Exchange ("ASX") on 18 October 2007. The Company is focused on creating opportunities for world-class iron ore discoveries within Australian and overseas. The Company currently has contractual right to the iron ore rights of a number of prospective iron ore projects in Western Australia. The portfolio consists of a number of granted mining tenements, and applications for the grant of mining tenements, in areas of high mineral endowment. The Company successfully raised AUD$3 million from the issue of 15 million ordinary Global shares by way of a public offer detailed in the Replacement Prospectus dated 2 August 2007. The forward strategy of the Company is to continue to explore current assets for economic mineral deposits, evaluate new business development opportunities and develop strategic alliances to successfully achieve the Company's objectives. Global Iron Limited purchased the rights to explore and mine iron ore on approximately one hundred and fifty eight (158) tenements (Tenements) pursuant to the sale agreement between Global Iron and Cape Lambert Iron Ore Limited.

Global Iron (GFE) Products and Services

  • Iron ore exploration

Global Iron (GFE) Locations and Subsidiaries

Global Iron Head Office Level 1, 18 Oxford Close, LEEDERVILLE, WA 6007 Phone: (08) 9388 0744 Fax: (08) 9382 1411

Global Iron (GFE) Share Price

Submitted by ASX Listed Company on 27 March, 2010 - 00:15

Download our FREE App


Signup for Free
Don't miss out on your free share trading articles.


Free Risk Money Management Calculator for those who sign up!