Last updated on 2010-08-11T06:38+0300.
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Monday, October 21, 2019
8:36:00 PM EAT
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Chris Evans said ( about Rights Issue ) : "We are pleased to be able to offer shareholders the opportunity to participate in this raising on such favourable terms. This has been an extremely busy time for the Company culminating in the Goulamina Lithium Project receiving a full Exploitation Permit (Mining Licence) from the Mali Government. The proceeds from the Rights Issue will put Mali Lithium on a solid footing to complete a range of development initiatives at the Goulamina Lithium Project and undertake exploration to unlock value on our gold tenements. We look forward to updating shareholders as we complete each of those milestones over the coming months, and thank Shareholders for their ongoing support. "
4-traders Wednesday, September 18, 2019 8:40:00 AM EAT
James Fox said ( about Rights Issue ) : "This support for the Rights Issue is a strong endorsement of the quality of the Hayes Creek zinc-gold-silver project and PNX's NT exploration assets. We thank existing major shareholders for their backing, and Hartleys Limited for acting as Lead Manager to the rights issue. This funding will see the Company through a transformative period over the next 12 months. It allows for all technical aspects of the project to be de-risked through the completion of a DFS, as well as for the relevant project Government and Environmental applications to be progressed for approval. Additionally, and following on from successful exploration in 2018 where drilling highlighted exceptional grades and scale potential of a gold system at the Fountain Head project, this new project will be advanced as a distinct opportunity to augment the already robust economics of the Hayes Creek project. We look forward to delivering on the potential for Hayes Creek to become a future low-cost, high margin zinc and precious metal mine that creates significant value for the Company's shareholders"
4-traders Thursday, April 18, 2019 7:17:00 AM EAT
Ivar S Fossum comments ( about Rights Issue ) : "We are pleased with the result from the Rights Issue which allows us to move efficiently forward with the Engebø pre-feasibility study. Activities onwards will include the resource modeling and estimations based on the core drilling earlier this year, mine planning, process testing and optimisation, and activities related to supply of process water and hydroelectric power, as well as financial calculations. Our target is to complete the pre-feasibility study in Q1 2017"
4-traders Friday, June 24, 2016 10:16:00 AM EAT
Syndicate Bank said ( about Rights Issue ) : "The Board of Directors... approved to raise equity capital of Rs 1,700 crore inclusive of premium to be decided as per the guidelines by way of Qualified Institutional Placement (QIP)/Rights Issue/Preferential allotment or any other mode... during the financial year 2016-17,"
dnaindia Thursday, May 19, 2016 11:19:00 AM EAT