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SBI acquires small share in Australian Mining Company

  • 21 November 2019

Effective 20th November 2019 SBI has purchased five million shares of voting stock in Australian exploration company White Rock Minerals (WRM), headquartered at Ballarat Victoria and traded on the ASX (WRM).

CEO Hans-Werner Kummerow considers WRM a “…near production mining company with interesting mineral resources”. WRM’s Mount Carrington gold and silver Project in northern New South Wales is adjacent to SBI’s EL8822 exploration license. WRM and SBI are both operating within the same geological setting, the “Drake Volcanics”.