Cashed-up Atlas cuts its debt by $54m

Original article by Paul Garvey
The Australian – Page: 17 : 6-Jan-17

Atlas Iron has repaid $A54 million in debt. The Australian-listed mining company benefited from rising iron ore prices. Its cash reserves are now at $134 million. Atlas Iron’s improving financial situation is reflected in its share price. The stock has risen from $A0.009 in October 2016 to $A0.027 on 5 January 2017.

CORPORATES
ATLAS IRON LIMITED – ASX AGO

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