For personal use only

Size: px
Start display at page:

Download "For personal use only"

Transcription

1 LIMITED ABN ASX Announcement 12 July 2011 Matsa Secures Up To AUD$8.6 Million Funding HIGHLIGHTS Agreement for equity funding of up to AUD$8.6 million with New York investment fund, SpringTree Special Opportunities Fund, LP ( SpringTree ) AUD$100,000 per month tranches (option to increase to AUD$500,000 per month) over 18 months Supplements already adequate liquidity position Provides additional working capital if required, to develop the Norseman Gold Project Funding secured on attractive terms INTRODUCTION Matsa Resources (ASX:MAT) ("Matsa" or the "Company") is pleased to announce it has entered into an agreement with a USbased institutional investment fund SpringTree Special Opportunities Fund, LP ( SpringTree ), managed by SpringTree Global Investors, LLC, to provide funding of up to AUD$8.6 million over 18 months. The facility, which supplements Matsa's existing adequate liquidity position, will provide additional working capital if required, as the Company continues progress towards developing its flagship 1.47 million ounce Norseman Gold Project. CORPORATE SUMMARY Executive Chairman Paul Poli Director Frank Sibbel Director & Company Secretary Andrew Chapman Shares on Issue million Unlisted Options c + Top 20 shareholders Hold 58% Share Price on 12 July cents Market Capitalisation $28.14 million Head Office: Suite 11, 139 Newcastle Street, Perth Western Australia 6000 Tel: Fax: Kalgoorlie Office: Suite 1, Vosper House, Dugan Street, Kalgoorlie 6430 Tel: Fax: Bangkok Office: Unit 1808, Pacific Place 2, Sukhumvit Road, Klongtoey, Bangkok Tel: Fax: reception@matsa.com.au

2 Matsa has secured the facility at a highly competitive rate with safeguards to minimise unnecessary dilution in the event of adverse market conditions. Under the Agreement, SpringTree will invest AUD$100,000 on execution and will invest a further AUD$1.7 million to AUD$8.5 million in Matsa. Executive Chairman Paul Poli said the funding provides Matsa with additional working capital if required, as Matsa continues seeking a financier to partner it in developing the Norseman Gold Project. Matsa last week announced it was in talks with three potential Chinese investors, with further strong expressions of interest from others. AUD$100,000 per month, increasing to AUD$500,000 per month on mutual consent if and when needed; The agreement enables Matsa to issue shares at prices that are linked to market prices prevailing at the time of their future issuance and potentially at premiums to their current share price, thereby minimising potential dilution for shareholders. It allows Matsa to take advantage of future growth in share prices. The price at which the shares will be issued in the monthly tranche will be 91.5% of the average of three consecutive daily volume weighted average prices ( VWAPs ) of Matsa shares during a specified period prior to the date of issuance of shares; Matsa already has an adequate liquidity position with approximately $1.5 million in cash as at 30 June 2011, and minimal debt. This funding from SpringTree will provide extra working capital if and as required to enable the Company to continue moving ahead with developing our Norseman Gold Project for the benefit of shareholders with confidence. Our priority, as always, has been to ensure we achieve a result based on the best possible terms for our shareholders. Significantly, we have negotiated a funding that provides real safeguards to prevent any unnecessary dilution in the event of a change in Matsa's outlook by having a $0.20 per share floor threshold at a very low cost to Matsa" added Mr Poli. Summary of key features: Funding up to AUD$8.6 million over 18 months, comprising tranches of Matsa can opt to refuse to issue shares in a particular month if the Company's share price falls below the floor price protection level of $0.20. Matsa will grant SpringTree 1,250,000 options with the exercise price equal to 120% of the average of the VWAPs per share during the 20 trading days prior to the date of execution of the agreement. The agreement attracts a $150,000 commitment fee payable in shares and is secured against 500,000 shares. The terms of the agreement do not permit shares to be issued, and there is no agreement to issue shares under the agreement, if shareholder approval is first required under the Listing Rules. The initial investment of $100,000 will proceed following the execution of the Agreement and does not require shareholder approval. Page 2

3 The terms of the Agreement allow the Company the freedom to enter into future debt or other financing arrangements and to raise additional equity as the Company sees fit. In addition, the agreement does not restrict the Company s ability to enter into strategic industry partnerships and undertake acquisitions or dispositions of assets and shares in the future. "This is another very positive development in Matsa's on-going strategy as we continue progressing towards developing our Norseman Gold Project," Mr Poli said. SpringTree has made a number of investments in ASX-listed resources companies in the past two years, and our portfolio has performed very well. We have been impressed with Matsa s management team and progress to date. SpringTree hopes that its funding will enable Matsa to implement its growth plans and unlock the value of its Norseman Gold Project assets said Phillip Valliere, Executive Vice President & Head of New Investments at SpringTree. Page 3

4 BACKGROUND About Matsa: Matsa is an ASX listed exploration and development company based in Western Australia. The Corporate office is located in Perth with offices in Kalgoorlie and Bangkok, Thailand. About SpringTree Global Investors, LLC: SpringTree Global Investors LLC is a New Yorkbased asset management company that makes equity and equity-linked investments in public companies around the world, with a focus on small-cap to mid-cap companies requiring US$5 million - US$150 million in funding. The Company aims to increase shareholder wealth through the discovery and development of mineral properties within Australia and South East Asia. It is committed to developing its Norseman Gold Project (Resource Table is shown in Table 1 below) and associated magnetite by-product to generate cash flow for shareholder benefit. For further Information please contact: Paul Poli Executive Chairman Frank Sibbel Executive Director Phone Fax reception@matsa.com.au Web Mineral resources and reserves The information in this report that relates to mineral resources and reserves, is based on information compiled by Richard Breyley, who is a member of the Australasian Institute of Mining and Metallurgy. Richard Breyley is a full time employee of Matsa Resources Limited. Richard Breyley has sufficient experience which is relevant to the style of mineralisation and the type of ore deposit under consideration and the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Richard Breyley consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Page 4

5 Figure 1 - Australian project locations Norseman Gold Project Resources (>1g/t Au) Tonnes Grade Ounces (Million) (g/t) Indicated Mt Henry ,000 Selene ,000 North Scotia ,000 Total ,000 Inferred Mt Henry ,000 Selene ,000 North Scotia ,000 Abbotshall ,000 Total ,000 Grand Total ,470,000 Table 1 - Norseman Gold Project Resources 1) All Resources are reported to a lower cut-off grade of 1.0g/t. 2) Rounding, conforming with the JORC code may cause computational errors. Page 5

For personal use only

For personal use only ASX Release 27 September 2012 OPTION TO ACQUIRE 560,000oz PEAK HILL GOLD PROJECT RESOURCE AND INVESTMENT NL (ASX: RNI) (RNI or the Company) has reached agreement with Montezuma Mining Company Limited for

More information

How To Mine And Treat Ore From Castle Hill Stage 1

How To Mine And Treat Ore From Castle Hill Stage 1 ` Dated: 5 th August 2014 NORTON TAKES UP OPTION TO MINE AND TREAT ORE FROM CASTLE HILL STAGE 1 ASX: PXG, PXGOA HIGHLIGHTS Development of Castle Hill Stage 1 with Norton Gold Fields potentially adds a

More information

Cannon Big Pit Given the Green Light

Cannon Big Pit Given the Green Light ASX Release Tuesday 3 November 2015 Cannon Big Pit Given the Green Light Southern Gold maintains 50% profit share on Cannon Metals X estimate open pit recovered gold +270% to ~50koz Significant cash flow

More information

Funds from the placement will be used for working capital requirements, including the completion of the Productora Pre-feasibility Study (PFS).

Funds from the placement will be used for working capital requirements, including the completion of the Productora Pre-feasibility Study (PFS). ASX ANNOUNCEMENT Monday 1 st February 2016 Hot Chili to Raise A$1.6m via Placement to Strategic Shareholders Hot Chili Limited (ASX Code: HCH) is pleased to announce that it has received commitments from

More information

Quarterly Report Highlights. Ulysses Gold Project, Western Australia. Viking Gold Project, Western Australia

Quarterly Report Highlights. Ulysses Gold Project, Western Australia. Viking Gold Project, Western Australia ASX Announcement Quarterly Activities Report For the Quarter Ended 31 December 2015 29 January 2016 Genesis Minerals Limited ASX Code: GMD Issued Capital 446 million shares 27.2 million options Current

More information

De Grey Mining Ltd. Wingina Deeps Drilling Commenced (Turner River Project) Highlights. Turner River Unlocking Shareholder Value

De Grey Mining Ltd. Wingina Deeps Drilling Commenced (Turner River Project) Highlights. Turner River Unlocking Shareholder Value De Grey Mining Ltd ASX RELEASE 5 July 2016 ASX Code DEG ABN 65 094 206 292 Wingina Deeps Drilling Commenced (Turner River Project) Highlights Diamond drilling programme of approximately 1,500m has COMPANY

More information

Resources Rising Stars

Resources Rising Stars ASX Code: AYN Resources Rising Stars Andrew King, Managing Director September 2010 Pg 1 Disclaimer and Key Information Disclaimer This presentation has been prepared by the Directors of Alcyone Resources

More information

GEOLOGICAL REINTERPETATION LEADS TO MAJOR DRILL PROGRAM AT JUPITER

GEOLOGICAL REINTERPETATION LEADS TO MAJOR DRILL PROGRAM AT JUPITER GEOLOGICAL REINTERPETATION LEADS TO MAJOR DRILL PROGRAM AT JUPITER Dacian Gold Ltd ( Dacian or the Company ) (ASX:DCN) is pleased to announce that it has completed a major geological review and reinterpretation

More information

ALCYONE TO RAISE $5M TO UNDERPIN TRANSITION TO SILVER PRODUCTION AT TEXAS PROJECT

ALCYONE TO RAISE $5M TO UNDERPIN TRANSITION TO SILVER PRODUCTION AT TEXAS PROJECT ASX ANNOUNCEMENT & MEDIA RELEASE 25 November 2010 ALCYONE TO RAISE $5M TO UNDERPIN TRANSITION TO SILVER PRODUCTION AT TEXAS PROJECT ENTITLEMENT OFFER TO FUND FURTHER EXPLORATION, ACQUISITION OF LONG-LEAD

More information

Interim Financial Report for the half-year ended 31 December 2011

Interim Financial Report for the half-year ended 31 December 2011 Interim Financial Report for the half-year ended 31 December 2011 Note: The information contained herein should be read in conjunction with the most recent annual report. Aura Energy Limited Level 4, 66

More information

C R A D L E / T R E M O N T J V A C Q U I R E S 1 0 0 % O F P A N D A H I L L L I C E N C E S

C R A D L E / T R E M O N T J V A C Q U I R E S 1 0 0 % O F P A N D A H I L L L I C E N C E S 10 November 2015 ASX Release ASX Code: CXX C R A D L E / T R E M O N T J V A C Q U I R E S 1 0 0 % O F P A N D A H I L L L I C E N C E S Cradle Resources Limited is pleased to announce that Panda Hill

More information

WARWICK AND ATLAS IRON ANNOUNCE MERGER TO CONSOLIDATE PILBARA IRON PROJECTS

WARWICK AND ATLAS IRON ANNOUNCE MERGER TO CONSOLIDATE PILBARA IRON PROJECTS ASX and Media Release 8 September 2009 WARWICK AND ATLAS IRON ANNOUNCE MERGER TO CONSOLIDATE PILBARA IRON PROJECTS KEY POINTS Warwick and Atlas Iron (ASX:AGO) have today announced their intention to merge

More information

DECEMBER 2015 QUARTERLY REPORT HIGHLIGHTS

DECEMBER 2015 QUARTERLY REPORT HIGHLIGHTS 29 th January 2016 DECEMBER 2015 QUARTERLY REPORT HIGHLIGHTS Minerals Development Licence (MDL) formal application lodged with all requested associated technical documentation, awaiting Departmental approval

More information

For personal use only

For personal use only Korab Resources Limited Gold Operations Update November 2012 Andrej K. Karpinski Executive Chairman Korab Projects BOBRIKOVO MELROSE 1 Korab Gold Projects Other Korab Projects Robust Undervalued Gold Portfolio

More information

Positioned for Production: Exploring for Growth

Positioned for Production: Exploring for Growth ASX Code: AYN Positioned for Production: Exploring for Growth Andrew King, Managing Director May 2010 Pg 1 Disclaimer and Key Information Disclaimer This presentation has been prepared by the Directors

More information

INVESTOR PRESENTATION JULY 2013

INVESTOR PRESENTATION JULY 2013 INVESTOR PRESENTATION JULY 2013 DISCLAIMER This presentation contains only a brief overview of Millennium Minerals Limited. The contents of this presentation, including matters relating to the geology

More information

ALCYONE REPORTS JORC SILVER RESOURCES

ALCYONE REPORTS JORC SILVER RESOURCES ASX ANNOUNCEMENT & MEDIA RELEASE 29 March 2010 ALCYONE REPORTS JORC SILVER RESOURCES +15Moz RESOURCE INVENTORY UNDERPINS PROGRAM TARGETING RESUMPTION OF SILVER PRODUCTION AT TEXAS PROJECT LATER THIS YEAR

More information

Australian Stock Exchange Limited Company Announcements NO. OF PAGES : (5) Level 10, 20 Bond Street SYDNEY NSW 2000

Australian Stock Exchange Limited Company Announcements NO. OF PAGES : (5) Level 10, 20 Bond Street SYDNEY NSW 2000 6 November 2006 Australian Stock Exchange Limited Company Announcements NO. OF PAGES : (5) Level 10, 20 Bond Street SYDNEY NSW 2000 TROPICANA JV (IGO 30%) PROJECT UPDATE KEY POINTS: New significant drill

More information

Quarterly Activities Report - for the period ended 31 December 2015

Quarterly Activities Report - for the period ended 31 December 2015 ASX Release: 27 January 2016 Quarterly Activities Report - for the period ended 31 December 2015 ASX Code: WRM Issued Securities Shares: 271.9 million Options: 7 million Cash on hand (31 Dec 2015) $0.4M

More information

Wonawinta Silver Project to be acquired; Mount Boppy development cost and risk cut back

Wonawinta Silver Project to be acquired; Mount Boppy development cost and risk cut back Southern Cross Goldfields Ltd ASX Announcement 5 September 2014 Wonawinta Silver Project to be acquired; Mount Boppy development cost and risk cut back Wonawinta Silver Project (60 M oz) to be acquired

More information

September 2015 Quarterly Activities Report

September 2015 Quarterly Activities Report ASX RELEASE 31 OCT 2015 September 2015 Quarterly Activities Report Expansion of Premier JV Gold Mine to 40,000ozpa production rate on track and future production growth plans advanced Highlights Production

More information

FOCUS MINERALS LIMITED

FOCUS MINERALS LIMITED FOCUS MINERALS LIMITED Aggressively Expanding into a Rising Gold Price Campbell Baird, Chief Executive Officer ASX: FML www.focusminerals.com.au 2 Disclaimer and Competent Person s Statement This presentation

More information

Ruby Joint Venture commenced to explore Montepuez East Ruby Project in Mozambique Kroussou Zinc-Lead Project in Gabon advancing

Ruby Joint Venture commenced to explore Montepuez East Ruby Project in Mozambique Kroussou Zinc-Lead Project in Gabon advancing ASX Announcement 29 January 2016 ACTIVITIES FOR THE QUARTER ENDED 31 DECEMBER 2015 The 31 December 2015 capped off what has been an exceptional year for Metals of Africa Limited (ASX: MTA) ( the Company

More information

TROY RESOURCES NL ABN 33 006 243 750

TROY RESOURCES NL ABN 33 006 243 750 TROY RESOURCES NL ABN 33 006 243 750 All Correspondence to: REGISTERED OFFICE Ground Floor 44 Ord Street West Perth 6005 Western Australia Telephone: (61 8) 9481 1277 Facsimile: (61 8) 9321 8237 Email:

More information

Update on Heap Leach potential of the Murchison gold project

Update on Heap Leach potential of the Murchison gold project 3 July 2012 Australian-based Kentor Gold Limited (ASX: KGL) is entering the ranks of operating gold mining companies in 2012. The Company is progressing a pipeline of advanced projects in Australia and

More information

JUNE 2015 QUARTERLY REPORT

JUNE 2015 QUARTERLY REPORT ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 31 JULY 2015 JUNE 2015 QUARTERLY REPORT WCP Resources Limited ( WCP or Company ) presents its June 2015 quarterly report. Highlights during the quarter

More information

ANNUAL GENERAL MEETING. Investor Presentation 24 November 2015

ANNUAL GENERAL MEETING. Investor Presentation 24 November 2015 ANNUAL GENERAL MEETING Investor Presentation 24 November 2015 Corporate Structure ASX Code: OVR Shares on Issue 205.4 million Top 20 133.0 million (64.8%) Market Capitalisation $1.23 million (share price

More information

For personal use only

For personal use only 29 January 2016 ASX Announcement December 2015 Quarterly Activities Report Summary New Satimola Limited Sale and Purchase Agreement Signed Financing to Acquire Satimola Limited Secured Revised Consulting

More information

Ferrex plc ( Ferrex or the Company ) Acquisition of Gold Mining Company in Australia and Strategic Review

Ferrex plc ( Ferrex or the Company ) Acquisition of Gold Mining Company in Australia and Strategic Review Ferrex plc / Index: AIM / Epic: FRX / Sector: Mining 17 November 2015 Ferrex plc ( Ferrex or the Company ) Acquisition of Gold Mining Company in Australia and Strategic Review Ferrex plc, the AIM quoted

More information

QUARTERLY REPORT FOR THE PERIOD TO 31 MAY 2012

QUARTERLY REPORT FOR THE PERIOD TO 31 MAY 2012 QUARTERLY REPORT FOR THE PERIOD TO 31 MAY 2012 Metals Finance Limited (ASX: MFC) is pleased to provide its Quarterly Activities Report for the three month period ending 31 May 2012. HIGHLIGHTS Separate

More information

For personal use only

For personal use only Investor Presentation August 2012 Disclaimer/Competent Person s Disclaimer: This presentation has been prepared by Buxton Resources ( Buxton ). The information contained in this presentation is a professional

More information

JACQUES GOLD PROSPECT RETURNS 37.7g/t. Re-assay of 1m samples from initial drilling program at Jacques returns gold grades of up to 37.

JACQUES GOLD PROSPECT RETURNS 37.7g/t. Re-assay of 1m samples from initial drilling program at Jacques returns gold grades of up to 37. ASX Announcement 15 January 2013 JACQUES GOLD PROSPECT RETURNS 37.7g/t Re-assay of 1m samples from initial drilling program at Jacques returns gold grades of up to 37.7g/t Second phase drilling program

More information

Pathway to Production

Pathway to Production Charging forward with Lithium Pathway to Production 8th Lithium Supply & Markets Conference 24 26 May 2016 Las Vegas Disclaimer This presentation has been prepared by Altura Mining Limited ( Altura or

More information

Ironbark Zinc Limited

Ironbark Zinc Limited Research Note Ironbark Zinc Limited Suite 5, Level 8, 99 York Street, Sydney NSW 2000 29 th August 2013 Ironbark Zinc to up the ante at Citronen Zinc Project with higher zinc prices Recommendation: Speculative

More information

Merlin Diamonds Limited

Merlin Diamonds Limited Merlin s Limited 29 January 2016 Manager Companies Australian Securities Exchange Level 6, 20 Bridge Street Sydney NSW 2000 By ELodgement REPORT FOR THE QUARTER ENDED 31 DECEMBER 2015 Merlin s Limited

More information

September 2010 Quarterly Report

September 2010 Quarterly Report September 2010 Quarterly Report 25th October 2010 Corporate Details ASX Code: RCO Issued Capital: 52,714,183 Shares 2,950,000 Options @ 40c, 31/3/2011 (Unlisted) 510,000 Options @ 42c, 31/3/2011 (Unlisted)

More information

Developing the Tanlouka Gold Project. AGM Presentation 18th November 2015

Developing the Tanlouka Gold Project. AGM Presentation 18th November 2015 Developing the Tanlouka Gold Project AGM Presentation 18th November 2015 1 Executive Summary West African Resources Ltd is an ASX and TSXV listed gold development company focussed on Burkina Faso Largest

More information

ASX ANNOUNCEMENT 2 December 2014 PRESENTATION

ASX ANNOUNCEMENT 2 December 2014 PRESENTATION ASX ANNOUNCEMENT 2 December 2014 PRESENTATION Red Mountain Mining is pleased to release the latest corporate presentation for December 2014, including a summary of key milestones to production and discovery;

More information

ANNUAL GENERAL MEETING 2015. 30 November 2015

ANNUAL GENERAL MEETING 2015. 30 November 2015 ANNUAL GENERAL MEETING 2015 30 November 2015 Disclaimer Competent Person Statement This presentation may contain some references to forecasts, estimates, assumptions and other forward-looking statements.

More information

Keras Resources plc ( Keras or the Company ) Moving Towards First Production in Q2 2016 at Grants Patch Gold Tribute Project, Australia

Keras Resources plc ( Keras or the Company ) Moving Towards First Production in Q2 2016 at Grants Patch Gold Tribute Project, Australia Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining 14 January 2016 Keras Resources plc ( Keras or the Company ) Moving Towards First Production in Q2 2016 at Grants Patch Gold Tribute Project,

More information

AIM: KEFI 6 March 2014. KEFI Minerals Plc. ( KEFI or the Company ) SAUDI ARABIAN EXPLORATION AND DEVELOPMENT UPDATE

AIM: KEFI 6 March 2014. KEFI Minerals Plc. ( KEFI or the Company ) SAUDI ARABIAN EXPLORATION AND DEVELOPMENT UPDATE KEFI Minerals Plc Doğu Akdeniz Mineralleri San. Tic. Ltd. Şti. Cemal Gürsel Cad. Yalı Apt. No:304 K:4 D:9 Karşıyaka İZMİR Tel: +90 232 381 9431 Fax: +90 232 381 9071 Email: info@kefi-minerals.com AIM:

More information

ACQUISITION OF SIGNIFICANT COAL ASSETS IN INDONESIA AND STRENGTHENING OF INDO MINES BOARD

ACQUISITION OF SIGNIFICANT COAL ASSETS IN INDONESIA AND STRENGTHENING OF INDO MINES BOARD ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 27 JANUARY 2010 ACQUISITION OF SIGNIFICANT COAL ASSETS IN INDONESIA AND STRENGTHENING OF INDO MINES BOARD Highlights: Acquisition of rights to an advanced

More information

Q4 & FY2015 OPERATING HIGHLIGHTS. January 29, 2016

Q4 & FY2015 OPERATING HIGHLIGHTS. January 29, 2016 Q4 & FY2015 OPERATING HIGHLIGHTS January 29, 2016 1 FORWARD-LOOKING STATEMENTS This presentation contains certain statements that constitute forward-looking information within the meaning of applicable

More information

HORSE WELL GOLD PROJECT W.A

HORSE WELL GOLD PROJECT W.A December 2015 Quarterly Activities Report ABN 20 109 361 195 ASX Release 29 January 2016 Alloy Resources Ltd Suite 6, 7 The Esplanade Mount Pleasant WA 6153 Tel: +61 8 9316 9100 Fax: +61 8 9315 5475 Email:

More information

LETTER OF INTENT FOR PROJECT FUNDING AND OFF-TAKE AGREEMENT FOR NICANDA HILL

LETTER OF INTENT FOR PROJECT FUNDING AND OFF-TAKE AGREEMENT FOR NICANDA HILL ASX ANNOUNCEMENT Triton Minerals Ltd ASX: TON ABN: 99 126 042 215 Street address: 278 Barker Road Subiaco Western Australia 6008 Postal address: PO Box 1518 West Perth Western Australia 6872 Tel: +61 8

More information

ACTIVITIES REPORT FOR THE QUARTER ENDED 31 DECEMBER 2014

ACTIVITIES REPORT FOR THE QUARTER ENDED 31 DECEMBER 2014 Second Floor, 9 Havelock Street West Perth WA 6005 Postal Address: PO Box 689, West Perth WA 6872 ABN 60 060 628 524 Telephone: (618) 9481 8444 Facsimile: (618) 9481 8445 Email: info@hamptonhill.com.au

More information

BAUXITE RESOURCES LIMITED

BAUXITE RESOURCES LIMITED BAUXITE RESOURCES LIMITED POSITIVE EXPORT DSO BAUXITE SCOPING STUDY RESULTS RECEIVED FOR 100% BRL FORTUNA PROJECT Highlights Existing Mineral Resource and rail logistic chain can support a Direct Shipping

More information

QUARTERLY REPORT FOR THE PERIOD ENDING 30 JUNE 2015

QUARTERLY REPORT FOR THE PERIOD ENDING 30 JUNE 2015 FOR THE PERIOD ENDING 30 JUNE 2015 30 July 2015 ASX Code: AGS No. of pages: 11 QUARTERLY REPORT FOR THE PERIOD ENDED 30 JUNE 2015 DETAILS OF ANNOUNCEMENT Quarterly Activity Report for the period ending

More information

The significant milestones achieved by New Age Exploration Limited ( NAE or the Company ) during this period include:

The significant milestones achieved by New Age Exploration Limited ( NAE or the Company ) during this period include: Quarterly Report To 31 December 2015 New Age Exploration Limited ( NAE or "the Company") is pleased to provide shareholders the Company s Quarterly Report for the period ending 31 December 2015. Highlights

More information

Mining Indaba Presentation. Capetown, South Africa 8 th 10 th February 2016

Mining Indaba Presentation. Capetown, South Africa 8 th 10 th February 2016 Mining Indaba Presentation Capetown, South Africa 8 th 10 th February 2016 www.birimiangold.com 1 Disclaimer This presentation has been prepared by Birimian Gold Limited (BGS) for general information purposes

More information

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015 ASX RELEASE ASX:AWV 30 October 2015 QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015 HIGHLIGHTS Pit optimisation and final mine design completed Metallurgical test work completed Engineering

More information

HALF-YEAR REPORT TO 30 JUNE 2003

HALF-YEAR REPORT TO 30 JUNE 2003 HALF-YEAR REPORT TO 30 JUNE 2003 PO Box 2000, Subiaco, Western Australia 6904 Registered Office: 230 Rokeby Road, Subiaco, Western Australia 6008 Telephone: +61 8 9388 9697, 9381 5771 Facsimile: +61 8

More information

Queensland Mining Corporation L I M I T E D. Maiden JORC Resources Estimate for Horseshoe Copper Deposit, Duck Creek, South Cloncurry District

Queensland Mining Corporation L I M I T E D. Maiden JORC Resources Estimate for Horseshoe Copper Deposit, Duck Creek, South Cloncurry District ASX Release 12 October 2012 Maiden JORC Resources Estimate for Horseshoe Copper Deposit, Duck Creek, South Cloncurry District Total mineral resource at Duck Creek Project area of 960,000t @ 1.47% Cu (0.2%

More information

For personal use only

For personal use only 23 August 2013 Technical data supports copper porphyry potential Highlights: Data room initiated following unsolicited approaches from major copper resource companies Technical data supports intact high

More information

For personal use only

For personal use only SEPTEMBER 2011 QUARTERLY REPORT AND STATEMENT OF CASHFLOWS About TriAusMin (ASX:TRO) (TSX:TOR) TriAusMin Limited ( TriAusMin ) is an Australian development stage base and precious metals company focused

More information

QUARTERLY ACTIVITIES REPORT TO 30 SEPTEMBER 2015

QUARTERLY ACTIVITIES REPORT TO 30 SEPTEMBER 2015 29 October 2015 QUARTERLY ACTIVITIES REPORT TO 30 SEPTEMBER 2015 Scoping Study Highlights Mt Morgans Gold Project (MMGP) Scoping Study was released during the quarter. Key outcomes include: An estimated

More information

REVISED INVESTOR PRESENTATION

REVISED INVESTOR PRESENTATION ASX ANNOUNCEMENT DATE: 8 July 2011 ASX Code: MDX Corporate Description Mindax's Mt Forrest Iron Project is progressing through development with a view to moving toward mining phase. The company is carefully

More information

TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY

TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY 10 August 2015 ASX: AOH, FSE: A2O TURKEY CREEK PIT OPTIMISATION STUDY ADDS 2 YEARS MINE LIFE TO THE LITTLE EVA PROJECT AT CLONCURRY Estimated oxide and sulphide resources within the optimum pit is 17.3

More information

Highlights. Metro Mining Limited (ASX:MMI) Quarterly Activities Report September 2015. Successful Share Issue Raises A$5.6 Million

Highlights. Metro Mining Limited (ASX:MMI) Quarterly Activities Report September 2015. Successful Share Issue Raises A$5.6 Million Metro Mining Limited (ASX:MMI) Quarterly Activities Report September 2015 Highlights Successful Share Issue Raises A$5.6 Million Successful Share Issue raises A$5.6 Million Non-binding bauxite Off-Take

More information

Detour Gold Provides New Life of Mine Plan for Detour Lake

Detour Gold Provides New Life of Mine Plan for Detour Lake January 25, 2016 NEWS RELEASE Detour Gold Provides New Life of Mine Plan for Detour Lake Detour Gold Corporation (TSX: DGC) ( Detour Gold or the Company ) is pleased to announce a new life of mine plan

More information

Highlights. Completion of farm-out in Tanzania. Drill support contract awarded in Tanzania. Competent Person s Report commissioned

Highlights. Completion of farm-out in Tanzania. Drill support contract awarded in Tanzania. Competent Person s Report commissioned FOR THE QUARTER ENDED 31 December 2015 Swala Energy Limited ACN 161 989 546 Level 4, 21 Kintail Road Applecross WA 6153 Australia TEL +61 (0) 8 6270 4700 FAX +61 (0) 8 6314 4675 EML info@swalaenergy.com

More information

The Unparalleled Opportunity of Colluli the Colluli Potash Project presented by Danakali

The Unparalleled Opportunity of Colluli the Colluli Potash Project presented by Danakali The Unparalleled Opportunity of Colluli the Colluli Potash Project presented by Danakali James Durrant Colluli Project Manager September 2015 Formerly South Boulder Mines ASX:DNK The growing world needs

More information

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2015

QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2015 ASX RELEASE ASX:AWV 29 January 2015 QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2015 HIGHLIGHTS Review of updated pit optimisation undertaken Metallurgical testwork report received confirming

More information

UPDATE ON SRIG - ALTONA TRANSACTION AGREED WORK AND DRILLING PROGRAMME COMMENCES

UPDATE ON SRIG - ALTONA TRANSACTION AGREED WORK AND DRILLING PROGRAMME COMMENCES 6 October 2015 SX: OH, FSE: 2O UPDTE ON SRIG - LTON TRNSCTION GREED WORK ND DRILLING PROGRMME COMMENCES greed Work Programme ltona Mining Limited s ( ltona or the Company ) and Sichuan Railway Investment

More information

NEW ISSUES AND SECONDARY TRADING NOTICE

NEW ISSUES AND SECONDARY TRADING NOTICE Suite 9, 5 Centro Ave, Subiaco WA 6008 P.O. Box 457, West Perth, WA 6872, Australia Ph+61 8 9286 3045 Fax: +61 8 9226 2027 info@birimiangold.com ABN 11 113 931 105 30 June 2016 The Company Announcements

More information

RC drilling identifies high grade gold in bedrock at Pacific Dunes Corkwood Camp Scale Target

RC drilling identifies high grade gold in bedrock at Pacific Dunes Corkwood Camp Scale Target ASX Announcement 29 January 2016 Quarterly Report For the period ending 31 December 2015 ASX Code GOR ABN 13 109 289 527 Highlights Solid progress on Gruyere Pre Feasibility Study Gruyere PFS remains on

More information

Diversified Commodities Deliberate Focus

Diversified Commodities Deliberate Focus Diversified Commodities Deliberate Focus ASX : MMI Mines and Money Hong Kong March 2015 Page 2 ASX : MMI Mines and Money Hong Kong March 2015 DISCLAIMER Statements and material contained in this Presentation,

More information

Mines and Money Presentation

Mines and Money Presentation ASX:BCI 24 Mar 15 Mines and Money Presentation Morgan Ball Managing Director 2 DISCLAIMER This document has been prepared by BC Iron Limited ( BC Iron ) to provide an update regarding the companies to

More information

Quarterly Activities Report For the quarter to 31 December 2015

Quarterly Activities Report For the quarter to 31 December 2015 Tawana Resources NL (Incorporated in Australia) (Registration number ACN 085 166 721) Share code on the JSE Limited: TAW ISIN: AU000000TAW7 Share code on the Australian Stock Exchange Limited: TAW ISIN:

More information

DIAMOND VENTURES NL ABN 82 062 091 909 and controlled entities

DIAMOND VENTURES NL ABN 82 062 091 909 and controlled entities ABN 82 062 091 909 and controlled entities FINANCIAL REPORT FOR THE HALF YEAR ENDED 30 JUNE 2004 CONTENTS Directors Report 3 Consolidated statement of financial performance 5 Consolidated statement of

More information

Press Release 30 th October 2015

Press Release 30 th October 2015 Press Release 30 th October 2015 SEPTEMBER 2015 QUARTERLY ACTIVITIES REPORT Resources Limited (ASX: WAF) is pleased to report activities on its 100%-owned and 100%- earning gold and copper-gold projects

More information

Cummins Range Rare Earths Project

Cummins Range Rare Earths Project Cummins Range Rare Earths Project December 2011 DISCLAIMER The information contained in this presentation is not financial product advice. The presentation is for information purposes and is of a general

More information

1 September 2010. The Manager ASX Limited Exchange Plaza Level 8, 2 The Esplanade PERTH WA 6000

1 September 2010. The Manager ASX Limited Exchange Plaza Level 8, 2 The Esplanade PERTH WA 6000 Level 3, 10 Outram St West Perth WA 6005 PO BOX 437 West Perth WA 6872 Tel: +618 9322 6178 Fax: +618 9481 2335 www.genesisminerals.com.au ABN: 72 124 772 041 1 September 2010 The Manager ASX Limited Exchange

More information

Update regarding unlisted options 1 May 2015

Update regarding unlisted options 1 May 2015 Update regarding unlisted options 1 May 2015 About Norton Norton Gold Fields Limited (ASX: NGF) is an established mid-tier gold producer. In CY2014, Norton produced 178,269 ounces of gold from its open

More information

PNG Mining & Petroleum Investment Conference December 2010. Geoff Day Executive General Manager PNG and Indonesia

PNG Mining & Petroleum Investment Conference December 2010. Geoff Day Executive General Manager PNG and Indonesia PNG Mining & Petroleum Investment Conference December 2010 Geoff Day Executive General Manager PNG and Indonesia Disclaimer Competent Persons Statement The information in this presentation that relates

More information

SOUTH BLOCK A ( SBA ) PEAK S JV PARTNER KRX ENERGY SECURES ADDITIONAL FUNDING

SOUTH BLOCK A ( SBA ) PEAK S JV PARTNER KRX ENERGY SECURES ADDITIONAL FUNDING 18 th June 2013 SOUTH BLOCK A ( SBA ) PEAK S JV PARTNER KRX ENERGY SECURES ADDITIONAL FUNDING SBA joint venture partner KRX Energy Pte Ltd ( KRX ) secures fresh funding through proposed investment by Risco

More information

PALADIN ENERGY LTD ACN 061 681 098

PALADIN ENERGY LTD ACN 061 681 098 PALADIN ENERGY LTD ACN 061 681 098 7 February 2014 ASX Market Announcements Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000 By Electronic Lodgement Dear Sir/Madam Suspension of Production

More information

ASX Announcement 7 December 2009

ASX Announcement 7 December 2009 ASX Announcement 7 December 2009 Appendix 3B and Cleansing Statement Cape Lambert Resources Limited (ASX: CFE) ( Cape Lambert or the Company ) has issued, 24,569,934 shares as consideration pursuant to

More information

Quarterly Activities Report

Quarterly Activities Report ASX Release Thursday 28 January 215 Quarterly Activities Report ASX Code: SAU Issued Shares: 36.53M Directors Greg Boulton AM (Chair) Simon Mitchell (MD) Michael Billing David Turvey Head Office Southern

More information

DIVIDEND REINVESTMENT PLAN

DIVIDEND REINVESTMENT PLAN www.brambles.com DIVIDEND REINVESTMENT PLAN KEY FEATURES OF THE BRAMBLES DIVIDEND REINVESTMENT PLAN Gives you flexibility to apply some or all of your dividends to the purchase of shares rather than cash.

More information

Mineralisation remains open in all directions with an untested downhole EM conductor at depth

Mineralisation remains open in all directions with an untested downhole EM conductor at depth Quarterly Report For the Period Ending 31 December 2015 Key Points Nanadie Well Project (CopperNickelPGE s) Latest drill results double strike extent of copper nickel PGE mineralised massive sulphides

More information

Corporate Presentation February 2016

Corporate Presentation February 2016 Corporate Presentation February 2016 A HIGH IMPACT CLEAN ENERGY INVESTMENT THAT S GOOD FOR THE ENVIRONMENT, THE COMMUNITY AND SHAREHOLDERS. RENEWABLES ALONE CANNOT DELIVER OUR CLEAN ENERGY FUTURE THE UK

More information

Quarterly Activities Report

Quarterly Activities Report ASX Release Friday 3 October 215 Quarterly Activities Report 3 September 215 Highlights ASX Code: SAU* *Deferred settlement: SAUDA Issued Shares: 35.17M ABN: 3 17 424 519 Directors Greg Boulton AM (Chair)

More information

Savannah North Scoping Study Looking into the future 3 February 2016

Savannah North Scoping Study Looking into the future 3 February 2016 Savannah North Scoping Study Looking into the future 3 February 2016 ASX: PAN Disclaimer Cautionary Statements This presentation includes information extracted from Panoramic Resources Limited ASX announcement

More information

For personal use only

For personal use only DECEMBER 2011 Issued 31 January 2012 HIGHLIGHTS INDIAN IRON ORE MINING PROJECT Significant on-site work completed and installation of phase one processing infrastructure underway at Kurnool iron beneficiation

More information

The World s Newest Mineral Sands Producer Proactive Investors Luncheon Presentation 2-3 February 2016

The World s Newest Mineral Sands Producer Proactive Investors Luncheon Presentation 2-3 February 2016 The World s Newest Mineral Sands Producer Proactive Investors Luncheon Presentation 2-3 February 2016 Trevor Matthews Managing Director What makes MZI and Keysbrook compelling MZI is the world s newest

More information

Annual Financial Report

Annual Financial Report ABN 55 140 269 316 Annual Financial Report for the year ended 30 June 2015 Annual Financial Report 30 June 2015 Annual Financial Report Corporate directory 3 Directors report 4 Financial statements 25

More information

Beowulf Mining Plc ( Beowulf or the Company )

Beowulf Mining Plc ( Beowulf or the Company ) 28 February 2011 Beowulf Mining Plc ( Beowulf or the Company ) Unaudited Preliminary Results for the Year Ended 31 December Beowulf (AIM: BEM, Aktietorget: BEO), the AIM and Aktietorget traded mineral

More information

BUILDING A COPPER COMPANY IN BRAZIL. PDAC Feb - 2014 - TORONTO

BUILDING A COPPER COMPANY IN BRAZIL. PDAC Feb - 2014 - TORONTO BUILDING A COPPER COMPANY IN BRAZIL PDAC Feb - 2014 - TORONTO CORPORATE & GOALS Shares on Issue 1.355B Significant Shareholders Share Price ~Au$0.07* Glencore 15% Market Cap ~Au$95m* BlackRock 5% Cash

More information

For personal use only

For personal use only 1 QUARTERLY REPORT Atlantic Limited (ASX: ATI; Atlantic or the Company) is pleased to present its report for the ended 31 December 2010. HIGHLIGHTS WINDIMURRA Major sales agreement signed for 100% of ferrovanadium

More information

Interview with Paul Atherley, Managing Director of Berkeley Energia (911733, ASX: BKY, London: BKY)

Interview with Paul Atherley, Managing Director of Berkeley Energia (911733, ASX: BKY, London: BKY) Interview with Paul Atherley, Managing Director of Berkeley Energia (911733, ASX: BKY, London: BKY) Dear Paul, thank you very much for the opportunity to interview you today as I know you are very busy

More information

December 2015 Quarterly Production Report

December 2015 Quarterly Production Report 28 January 2016 December 2015 Quarterly Production Report Fortescue shipped 42.1 million tonnes of iron ore at a record low cash production cost (C1) of US$15.80 per wet metric tonne (wmt) for the December

More information

Developing Power Projects in Southern Africa. Annual General Meeting Presentation 20 th November 2015

Developing Power Projects in Southern Africa. Annual General Meeting Presentation 20 th November 2015 Developing Power Projects in Southern Africa Annual General Meeting Presentation 20 th November 2015 2015 Company Highlights AFR now participating in the development of three large-scale power projects

More information

Change of Company Name to Neometals Ltd (ASX: NMT)

Change of Company Name to Neometals Ltd (ASX: NMT) Level 1, 672 Murray Street West Perth WA 6005 Locked Bag 8 West Perth WA 6872 t. +61 8 9322 1182 f. +61 8 9321 0556 info@neometals.com.au neometals.com.au Neometals Ltd ABN 89 099 116 631 ASX RELEASE 18

More information

Report for the Quarter Ended 31 December 2015

Report for the Quarter Ended 31 December 2015 Report for the Quarter Ended 31 December 2015 ASX: KIS Market Capitalisation $13.2 million Shares on Issue 165.3 million 52 Week High 16.5 cents 52 Week Low 7.5 cents Share Price Board of Directors Johann

More information

For personal use only BULLETIN RESOURCES LIMITED A.C.N. 144 590 858

For personal use only BULLETIN RESOURCES LIMITED A.C.N. 144 590 858 BULLETIN RESOURCES LIMITED A.C.N. 144 590 858 ANNUAL FINANCIAL REPORT for the year ended 30 June 2012 CORPORATE INFORMATION DIRECTORS Martin Phillips Philip Retter Michael Fitzgerald Stephen Robinson (Managing

More information

Recommended 82.5 Cents per Share All-Cash Offer For OZ Minerals By Minmetals

Recommended 82.5 Cents per Share All-Cash Offer For OZ Minerals By Minmetals CHINA MINMETALS CORPORATION 5 SANLIHE ROAD HAIDIAN DISTRICT BEIJING P.R.CHINA, 100044 T 86 10 6849 5888 F 86 10 6833 5570 MINMETALS.COM OZ MINERALS LIMITED ABN 40 005 482 824 LEVEL 29 TWO SOUTHBANK BOULEVARD

More information

A B N 4 7 1 1 6 6 4 8 9 5 6 2015 NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT AND PROXY FORM

A B N 4 7 1 1 6 6 4 8 9 5 6 2015 NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT AND PROXY FORM A B N 4 7 1 1 6 6 4 8 9 5 6 2015 NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT AND PROXY FORM The Annual General Meeting of the Company will be held at the office of Chalice Gold Mines Limited,

More information

GOLD RESOURCE CORPORATION REPORTS PRELIMINARY INDEPENDENT RESOURCE ESTIMATE; ANNOUNCES COMPANY CONFERENCE CALL

GOLD RESOURCE CORPORATION REPORTS PRELIMINARY INDEPENDENT RESOURCE ESTIMATE; ANNOUNCES COMPANY CONFERENCE CALL FOR IMMEDIATE RELEASE April 26, 2012 NEWS NYSE Amex: GORO GOLD RESOURCE CORPORATION REPORTS PRELIMINARY INDEPENDENT RESOURCE ESTIMATE; ANNOUNCES COMPANY CONFERENCE CALL COLORADO SPRINGS April 26, 2012

More information

NEW GOLD DISCOVERY IN GHANA WEST AFRICA

NEW GOLD DISCOVERY IN GHANA WEST AFRICA NEW GOLD DISCOVERY IN GHANA WEST AFRICA FEBRUARY 2016 JORC DISCLOSURE JORC 2012 This Presentation contains information extracted from the following reports which are available for viewing on the Company

More information