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Yonder & Beyond Group Ltd (ASX:YNB) CEO Reaffirms Commitment to Company With $1m Investment

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Yonder and Beyond (ASX:YNB) CEO, Mr Shashi Fernando, has reaffirmed his commitment to the Company, with confirmation he has provided a $1m draw down facility via Convertible Note.

Highlights:

- CEO Shashi Fernando to provide $1m in funding via Convertible Note

- Provides Company with funding to further advance investments, all of which have now launched and in growth phase

- Convertible Note removes dilution risk to existing shareholders, which would have occurred if equity raising occurred at this time

Funds from the Convertible note will be used for working capital and to assist in advancing the various investments of the Company - all of which are entering significant growth phases. Funds may also be used for further investments, should they be deemed value accretive to the group. "The Y&B group of companies have had a solid year in 2015 and are looking to build on that in 2016.

We are extremely proud of our start ups, and they have developed and launched great products and look to grow their deployment and revenues in the next 12 months," Mr Fernando said. The key terms of the Convertible Note are: - 0% interest rate - Expires 6 months from date of issue (31 December 2015) - Draw down (part or in full) can occur at any time at the election of the Company - Conversion price equal to next equity raise conducted by YNB, or should an equity raise not occur within next six months conversion price will be equal to a 20% discount to the 5 day Volume Weighted Average share price

The Directors of Yonder and Beyond believe this issue of Convertible Notes is in the best interests of Shareholders, and thank Shashi Fernando for his support of the issue.

Conversion of the Convertible Notes will be subject to shareholder approval, which will be sought at the next available opportunity, however the full funds are available to the Company now.

John Bell
CFO
John@yonderbeyond.com

David Tasker
Professional Public Relations
+61 433 112 936
David.tasker@ppr.com.au

TopBetta Holdings Limited (ASX:TBH) Partners with 'The Universe of Racing' G1X.com.au

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Online fantasy wagering and sports content provider TopBetta Holdings Limited ("TopBetta" or the "Company") (ASX:TBH) is pleased to announce that it has partnered with digital horse racing media business G1X.com.au ("G1X") to provide G1X with its own fantasy wagering products and promotions.

HIGHLIGHTS

- Exclusive partnership with new digital horse racing business G1X.com.au

- Partnership provides G1X users with fantasy wagering products

- First G1X tournament to run on 9t h January 2016 - $50,000 Magic Millions Tournament

The partnership allows G1X to engage with their audience while allowing TopBetta to monetise this base with the first to market wagering products.

TopBetta CEO Todd Buckingham said; "G1X is an exciting new racing content platform and we are extremely enthusiastic about the partnership and the opportunity to roll out a range of tournaments for G1X's clients."

"It will be great to see the likes of Bruce "Snowy" Clark, Richie Callander and Mick Sharkie on the leader board of the TopBetta tournaments taking on all of our Weekend Warriors as they battle it out for massive G1X.com.au Chief Executive, Simon Mackay, echoed the enthusiasm of Todd Buckingham for the new association.

"G1X is all about innovation and we see Fantasy Racing as an exciting addition to our current suite of offerings," Mr Mackay said.

"Fantasy sport is a massive market around the world and by partnering with TopBetta we are enabling our members to enjoy the best fantasy racing platform in Australia."

G1X.com.au will kick off their association with TopBetta next week when the $50,000 Magic Millions Tournament is run on Saturday January 9, 2016.

Charly Duffy 
Company Secretary
E: companysecretary@topbetta.com
T: +61-409-083-780 

Jane Morgan
Investor & Media Relations
E: investors@topbetta.com
T: +61-405-555-618

Tiger Resources Limited (ASX:TGS) Announces Appointment of new Chairman

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The directors of Tiger Resources Limited (ASX:TGS) (the "Company") advise that Tiger's Chairman Mr Neil Fearis will step down as Chairman of the Company and retire from the Board with effect from 31 December 2015 and Mr Mark Connelly will assume the role of Chairman from that date.

Mr Fearis, who was appointed Chairman in May 2011, has overseen the development of the Kipoi Copper Project in the Democratic Republic of Congo from a copper concentrate producer to a 25,000t/a cathode copper producer and throughout his period as Chairman has been a strong advocate for the Company.

Mr Michael Griffiths (Interim CEO) said "On behalf of the board and our employees, I thank Neil for his significant contribution in a tough copper market and wish him success in his continuing and future roles."

Mr Griffiths also commented "We also welcome Mark as our new Chairman and look forward to continuing success under his stewardship"

Mike Griffiths
Interim Chief Executive Officer
Tel: (+61 8) 6188 2000
Email: mgriffiths@tigerez.com

Nathan Ryan
Investor Relations
Tel: (+61 0)420 582 887
Email: nryan@tigerez.com

TopBetta Holdings Ltd (ASX:TBH) Secures Exclusive Partnership with EON Sports Digital Radio Platform

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Online fantasy tournament, wagering and sports content provider, TopBetta Holdings Limited ("TopBetta" or the "Company") (ASX:TBH) is pleased to announce that it has secured an exclusive partnership with EON Sports Radio Pty Ltd ("EON Sports"), the owner and producer of the new digital sports radio platform EON Sports Radio ("EON Sports Radio"). Under the partnership, TopBetta will be the exclusive sports betting, race wagering and fantasy tournament operator promoted on EON Sports Radio and its associated website and mobile app.

EON Sports Radio broadcasts both original and licensed sports radio programs, covering major sports such as the A League, NBL, Australian AFL, NRL and Cricket, and will be the exclusive Australian audio broadcaster of the English Premier League and many other European competitions through its partnership with international sports radio station, talkSPORT.

The deal will also utilise the talent from TopBetta's The Punters Show' premium content providers to provide unique content to EON Sports Radio with sports betting and fantasy tournament programs each week and the first live Saturday Racing Show on digital radio. Some of Australia's best form analysts and biggest punters will host and star on the Saturday Racing Show to give a comprehensive look at the weekend's racing.

Glenn Wheatley, who was a pioneer in bringing FM radio to Australia, is the key driver of EON Sports and is very excited about the opportunities this partnership can bring. Mr Wheatley said " The growth opportunities for both our fledgling companies, TopBetta and Eon Sports Radio, are enormous. We are obvious partners for each other and offer a lot in our respective businesses that are unique to Australia on a national level."

TopBetta's Todd Buckingham said "This deal really embodies the TopBetta mandate which is to provide our customers with Sports and Racing content that you can't get on other platforms.

We have been in discussions with Glenn and EON Sports for a while now to understand the possibilities this deal could achieve for both parties and to say we are excited would be an understatement.

I am personally looking forward to the launch of our Saturday morning racing show on EON Sports Radio on 9th January 2016 to coincide with our big $50k Magic Millions tournament. The "Punters Show" format has not been done this way before and it will great for our listeners to actually hear from professional punters on how they will be handling the day's racing and the opportunity to interact live with the panel members through talk back and social media."

About EON Sports Radio Australia

EON Sports Radio Australia is the new and contemporary sports radio network will be using a digital platform with highly entertaining original sport content, integrated with Australian sports stars, dedicated to their leading local codes and fans.

EON Sports Radio has secured the exclusive Australian audio broadcast rights to talkSport Radio content, including Barclays Premier League and original content, solely for the purpose of carrying on the business of a national Australian sports digital radio, streaming and mobile network.

Charly Duffy
Company Secretary
E: com panysecretary@topbetta.com
T: +61-409-083-780

Jane Morgan
Investor & Media Relations
E: investorrelations@topbetta.com
T: +61-405-555-618

Triton Minerals Ltd (ASX:TON) Entitlement Offer - Despatch of Prospectus

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On 17 December 2015, Triton Minerals Limited (ASX:TON) (Triton or Company) announced that the Company will be offering eligible shareholders the opportunity to acquire fully paid ordinary shares in the Company (Shares) through a pro rata non-renounceable entitlement issue of one (1) Share for every three (3) Shares held by eligible shareholders on the record date, at an issue price of $0.09 per Share to raise up to $11,296,483 (before costs), with each eligible shareholder offered one (1) free attaching option for every two (2) Shares subscribed for under the offer (Options) (Entitlement Offer). The Options are exercisable at $0.15 each and expire on 16 March 2017 and are expected to be listed subject to compliance with ASX Listing Rules.

The Company advises that it has now sent the prospectus and entitlement and acceptance forms which relate to this Entitlement Offer to all eligible shareholders.

If shareholders have any queries regarding the Entitlement Offer please contact the Company Secretary by telephone on +61 8 6489 2555 or your stockbroker or professional adviser.

Garth Higgo
Chief Executive Officer
Tel: + 61 8 6489 2555
Email: ghiggo@tritonmineralsltd.com.au

Paige Exley
Company Secretary
Tel: + 61 8 6489 2555
Email: pexley@tritonmineralsltd.com.au

Ardiden Ltd (ASX:ADV) Secures Advanced Lithium Project in Canada

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Ardiden Limited (ASX:ADV) is pleased to advise that it has entered into an option agreement to acquire 100% of the advanced Seymour Lake Lithium Project in Ontario, Canada, providing it with a highly complementary growth opportunity in one of the world's fastest growing commodity sectors.

The Seymour Lake Project, which is located near the town of Armstrong in Ontario, comprises five patented mining claims covering an area of 912 Ha. The Project has over 4,000m of historical diamond drilling which has confirmed the presence of extensive spodumene mineralisation (a host rock to lithium).

The proposed acquisition is consistent with Ardiden's strategy of acquiring commodity projects with exposure to structural and transformational change and outstanding market fundamentals, such as graphite and lithium, in Tier-1 mining jurisdictions. Together with its existing Manitouwadge Graphite Project, this acquisition positions Ardiden as a potential supplier of both of the key ingredients in the manufacture of lithium-ion batteries.

Seymour Lake is a lithium-beryllium-tantalum site located within the Caribou Lake Greenstone Belt, 230km north-northeast of Thunder Bay, Ontario, Canada. The claim group is located on an all-weather, year-round, two-lane, main haulage road and the project has excellent proximity (10km) to existing rail sidings on the main CN rail line, and close proximity to a major power grid provided by Ontario Power Generation which is planning a 85MW hydro-electric project 8km from the project.

The project is ideally located approximately 3 hours by road from Thunder Bay (see Figure 1 below), a leading mining jurisdiction in Ontario with key local infrastructure including a skilled mining workforce and excellent local logistics infrastructure. It has strong potential to provide high quality product to service growing North American demand and export markets. The city of Thunder Bay is a mining, rail, port and infrastructure hub which is less than 100km from the US border and has existing port facilities which can also access the Atlantic and service European markets. Thunder Bay is also the main support hub for Ardidens existing Manitouwadge Jumbo Flake Graphite project, creating excellent synergies for the company.

The project was originally identified for its tantalum prospectivity in the 1950s and has common geological features with the Tanco mine in Manitoba, which is Canada's only operating tantalum mine. The Seymour Lake project has been subject to two main drill programs - a 1,865m program in 2002 and a 2,365m program in 2009. These programs confirmed the tantalum prospectivity but also identified significant high grade zones of lithium and beryllium. To date, the project has identified two key lithium-bearing zones, North Aubry and South Aubry.

Key features of the Seymour Lake Project include:

- The Main Zone of spodumene has been intersected at North Aubry over an area of approximately 200m x 250m and is up to 26m in thickness (averages 11.52m thick @ 1.467% Li2O). The Main Zone is open to the north and to the east. The highly prospective South Aubry zone is also located several hundred metres to the south.

- The Main Zone is underlain by at least three more stacked and open horizons of lithium mineralisation at relatively shallow depth that carry similar lithium grades (with significant Be and Ta).

- Soil sampling and litho-geochemical sampling indicate that there is a very good possibility of discovering significant extensions to the known occurrences (to the north of North Aubry; to the west and south-east of South Aubry), as well as the possibility of discovering new zones, especially to the east (Pye showing area) and south (Lookout Hill).

- Excellent access to infrastructure (road, rail, power, potential hydro), all within 10km.

- Location of the main zone at surface near top of large hill provides open pit and/or ramp access.

- The prices of lithium, tantalum and beryllium are all predicted to increase: Li (electric vehicles, electric storage, etc.), Ta (loss of conflict supply and primary producer closure), and Be (nuclear fuel alloys, US military armour applications).

The market for lithium-dependent products including lithium-ion batteries (for which lithium is used as the cathode) for the battery storage market (for utilities, business, households and electric vehicles) is expected to experience transformational growth over the next decade.

High-grade historical assay results from the Seymour Lake project include:

- 2.081% Li2O over 16.90m

- 1.584% Li2O over 26.13m

- 2.386% Li2O over 9.20m

- 1.735% Li2O over 14.25m

- 1.325% Li2O over 23.85m including 2.059% Li2O over 9.00m and 2.232% Li2O over 3.04m

- 1.837% Li2O over 11.80m

- 2.212% Li20 over 5.70m

- 2.100% Li2O over 6.75m

- 1.475% Li2O over 17.72m including 1.937% Li2O over 12.97m

- In addition, Tantalum and Beryllium grades of up to 1,180ppm (Ta2O5) and 1,270ppm (BeO) respectively were intersected

Drill-hole locations for North and South Aubry are shown in Figures 4 to 7 below (further drill data details are set out in Appendix 1 in link below).

Deal Terms

Key deal terms for the option agreement (in CAD*) to acquire 100% of the Seymour Lake Project include:

1. An exclusivity/holding deposit of C$75,000 to be paid on signing of the agreement (which amount has been paid) to commence a 150-day option and due diligence period;

2. C$75,000 plus C$250,000 in ADV equity (at the 20-day VWAP prior to this announcement) to be paid at the end of a 150-day due diligence period to keep option on foot;

3. Following the due diligence period if Ardiden wishes to continue the option, the vendor will be paid in quarterly instalments of C$25,000 per quarter to a total of a further C$350,000;

4. A further C$250,000 of Ardiden shares (at the 20 day VWAP prior to this announcement) will be issued at the completion of the option agreement (or no later than 24 months from execution of option) for a total compensation of C$1,000,000 to finalise the transfer of 100% of Seymour Lake;

5. Ardiden reserves both the right to accelerate all payments or withdraw from the option agreement at any time. The vendor will retain 100% of the Seymour Lake rights should Ardiden fail to complete any requirements of the option agreement; and

6. The property has an existing 3% net smelter royalty (NSR) held by an independent third party. The vendor maintains the option to purchase or buy back from the third party a 1.5% NSR for payment of C$1,000,000.

Next Steps

The Company intends to undertake the following activities at the Seymour Lake Project in the New Year as it continues its focus on commodities exposed to structural and transformational change (such as those which are essential ingredients in the manufacture of lithium-ion batteries) in leading jurisdictions.

o Due diligence on Seymour Lake during the 150-day option period to include detailed review of historical data and further geological exploration potentially including but not limited to surface sampling, soil surveys and further drilling;

o Further planned drilling on the Manitouwadge Graphite Project as set out in ASX Announcement dated 5 January 2016;

o Progression of discussions with potential off-take partners and customers; and

o Acquisition of further project areas/ acreage with strong geological potential.

About the Manitouwadge Project
The 5,300 Ha Manitouwadge Jumbo Flake Graphite Project is located in Ontario, Canada. The Project has a 19km strike length of EM anomalies with graphite prospectivity and is being subject to systematic exploration to determine areas that have potential to be a near-term development opportunity.

Metallurgical testwork has indicated that up to 80% of the graphite is high value jumbo or large flake graphite. Testwork has also indicated that simple, low-cost gravity and flotation beneficiation techniques can result in graphite purity levels of up to 96.8% for jumbo flake and 96.8% for large flake. Testing using the proven caustic bake process was able to produce ultra-high purity (>99.95%) graphite. The graphite can also be processed into high value expandable graphite and produces a high quality graphene and graphene oxide.

To view all tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/81981-ASX-ADV-20160107.pdf

Investors: 
Ardiden Ltd 
Tel: +61-8-6555-2950

Media:
Nicholas Read - Read Corporate
Mobile: +61-419-929-046

Invigor Group Ltd (ASX:IVO) Management Appointments

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Leading big data solutions company Invigor Group Limited (ASX:IVO) ("Invigor") is pleased to announce a number of strategic new appointments as it continues to strengthen its management team.

Invigor has appointed Gary Pianko as Sales Director of its Insights Visitor platform and Efe Yaman as Program Director. In addition, David Fraser has become the Director of Shopping Ninja.

Invigor's Chairman and CEO Mr Gary Cohen said: "We are very excited to announce these new appointments as this marks a significant boost across our management team. Invigor is in a phase of continued growth and we believe these appointments will be integral in ensuring that our positive momentum is maintained."

With a background in accounting and finance, Gary Pianko has worked for some of the most well-known corporations in Australia including Telstra, National Australia Bank (NAB) and the National Broadband Company (NBN), in a career that has spanned almost 30 years. Most recently, he was a marketing and management specialist in Telstra's Wifi Networks team and previously held the role of Senior Marketing and Industry Engagement Manager.

Efe Yaman was previously Senior Technical Program (Delivery) Manager and Agile Coach with N11.com, the Turkish equivalent of Amazon.com. Efe has developed a career as a passionate senior program manager and director who has worked in the fast-moving e-commerce, digital and media sectors for more than 15 years, primarily based in Istanbul and Sydney. Efe has previously worked for Cudo Pty Ltd in Sydney and the Sky Broadcasting Group in the UK.

David Fraser, who has been with Invigor for six months having previously held positions in digital marketing acquisition at Citibank, will shift into the role of Director of the Shopping Ninja division.

Gary Cohen
Chairman & CEO
+61 2 8251 9600

Matthew Wright
NWR Communications
+61 451 896 420
matt@nwrcommunications.com.au

Mozambi Resources Ltd (ASX:MOZ) Exceptional Super Jumbo and Jumbo Flake Graphite Metallurgical Results Continue

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Mozambi Resources Limited (ASX:MOZ) ("Mozambi", "the Company") is extremely pleased to announce exceptional metallurgical results from both the diamond and RC drilling campaign recently completed, noting Super Jumbo and Jumbo Flake mineralisation at Namangale 1, 2 and 3.

Highlights:

- Results from diamond core flake size distribution, RC drilling grade and rock chip flake size distribution now received

- Exceptional flake size results from the first 3 of 9, diamond core holes confirming favourable mass distributions in the premium priced categories of Super Jumbo +600 microns, Jumbo +300 microns and Large +180 microns flake graphite

- Results from flake size distribution testing of graphite schist samples from Namangale 1, 2 and 3 show excellent results including up to 96.6% distribution in the Super Jumbo +500 microns, Jumbo +300 microns and Large +180 microns flake size categories

- RC assay results from Namangale 1 confirm wide intervals of mineralisation, over 3.2km of strike length currently drilled remaining open in all directions

- JORC modelling will be calculated on cut-off grade of 3.0% occurring as coherent zones with a mineralised schist unit with grades up to 16.0% TGC. JORC Resource results are imminent

- Discussions with a number of specialist companies with regards to initiating a Pre-feasibility study (PFS) on the Namangale projects are now underway

- Mozambi is reviewing requests from potential off take partners and end user groups requesting sample product

The results highlighted outstanding distribution of up to 96.6% confirmed in categories of Super Jumbo, Jumbo and Large flake graphite and the RC drilling results auger well for the JORC resource. Initial metallurgical results at all three working areas indicate the graphite is easily liberated from the host rock at a coarse crush size of 1mm. RC drilling results have now been returned and confirm wide intervals of mineralisation over a strike length of 3.2km at Namangale 1 and resource modelling is indicating a substantial graphite resource is present at Namangale. Metallurgical test work of the diamond core is continuing with further results to be released as they come to hand.

Mozambi Chairman, Stephen Hunt commented, "The distribution results confirming Super Jumbo and Jumbo Flake graphite at Namangale deposits 1, 2 & 3 are a tremendous validation of the excitement that the Board has for the Namangale project. These excellent flake size results combined with the consistent mineralisation grade are essential to maximising revenue and enabling the fast tracking of this project into production.

Figure 1 shows the location of the Namangale Project tenements and the main graphite prospects that have been identified to date of the Company's tenement package. Mozambi has continued to build on its dominant tenement position in the world-renowned graphite rich region of Tanzania.

Namangale Chip Flake Size Distribution Results

Flake size distribution results from graphite schist samples from the Namangale 1, 2 and 3 deposits have returned exceptional flake size results with up to 37.9% Super Jumbo size of larger than 500µm and low proportions of fine and amorphous graphite. The best result from Namangale 2 returned a flake size distribution of 96.6% in the Large, Jumbo and Superjumbo categories.

Results of Optical Microscopy Examination

Further Optical Microscopy results carried out by ALS Metallurgy based in Perth Western Australia from Namangale 1, confirm large flake sizes are present at Namangale 1 and are comparable to previously announced results from Namangale 2 and 3. ALS initially crushed the samples top pass through a 3.35mm screen and then screened the sample through a 1mm and 0.5mm screen. This process created three size fractions, which were individually examined. Images of graphite mineralisation from each of the size fractions are shown in Figures 2a-2c. The key findings were that the graphite flakes in the larger size fraction were unliberated from the host rock. Graphite flakes in the 1mm to 0.5mm size fraction were mostly liberated as can be seen in Figure 2b and frequently contained large graphite flakes up to 1,000 microns in size. In the sub 0.5mm fraction the graphite flakes were well liberated as can be seen in Figure 2c and frequently contained graphite flakes between 450 microns and 800 microns. These results were produced with no chemical processing and indicate mineralisation from this area has the potential to achieve excellent levels of graphite concentration using a low cost flotation separation without crushing to fine particle sizes or using chemical treatments.

Metallurgical Results from Diamond Core Composites

Initial mass distribution results from the first 3 diamond core composites have been returned showing high mass proportions in the larger size fractions. The mass fractions are currently being assayed to determine the proportion of graphite contained in each size fraction.

Results of RC Drilling and JORC Modelling

The results of RC drilling have now been returned and confirm wide intervals of graphite mineralisation is present over 3,200m in strike length and the deposit remains open in all directions. The results of the RC drilling program are highly encouraging and compare favourably to other large flake graphite deposits in Tanzania. Modelling of the results of the drilling is progressing well and the company expects to be in a position to announce its maiden JORC resource later in January. A table of significant intervals is shown in Appendix 1, while the location of the significant intervals are shown in Figures 3, 4 and 5 in link below.

A total of 82 RC holes for a total of 4,472 metres have now been drilled at the Namangale 1, 2 and 3 prospects. The drilling targeted areas of outcropping graphite schist mineralisation occurring coincident with anomalies identified by ground EM surveys. Drilling was completed using vertical holes into the mineralisation at Namangale 1 and 3 with holes inclined 60 degrees to the south in Namangale 2. After drilling, all three deposits are interpreted to be gently undulating flat lying graphite schist units which accords with both the geological mapping and the results of the three EM surveys covering the deposits. A total of 10 diamond drill holes were also drilled for a total of 535.2m, twinning mineralised RC holes in order to obtain representative samples for metallurgical test work. JORC modelling will be calculated on medium to high grade assays with a 3% cut-off, received noting grades up to 16.0%

Geological maps of the Namangale 1, 2 and 3 deposits can be seen in Figures 3, 4 and 5 in link below showing the location of the metallurgical samples and the drill hole collar locations for both the RC and Diamond drilling completed to date. All three deposits are interpreted to be flat lying with gently undulating folding with varying levels of outcrop.

Corporate

Mozambi Resources is reviewing requests from potential off take partners including end-user groups requesting sample product. A number of these requests have now been received and will be carefully reviewed by the Board.

In addition to this, the Company is currently in discussions with a number of specialist companies with regards to initiating a Pre-feasibility study (PFS) on the Namangale projects.

The market will be kept informed of any material developments with regards to these discussions.

Existing Infrastructure

Mozambi Resources enjoys excellent infrastructure, with the deep-water Mtwara Port only 140km from the Namangale Prospect. Power and sealed roads are available 10km from the deposit location. The existing sealed road connects all the way to port. Figure 9 shows the port, which has existing present capacity of 400,000 metric tonnes per annum and could handle up to 750,000 metric tonnes per annum with the same number of berths if additional equipment is put in place for handling containerised traffici. The port is currently heavily underutilised, with only approximately 34% of its existing capacity being utilisedii.

Conclusion

The Board of Mozambi Resources considers the results to date continue to indicate that the Namangale Prospect is rapidly emerging as a potential world class graphite deposit. Wide intervals of graphite schist mineralisation have now been confirmed by drilling over extensive areas and initial metallurgical testing continues to produce excellent results. Mozambi is now focused on completing the Company's maiden JORC Resource and proving up the potential of the project to produce high quality Jumbo and Super Jumbo flake graphite, which continues to attract premium pricing and very strong customer demand.

To view all tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/81993-ASX-MOZ-20160111.pdf

Alan Armstrong
Mozambi Resources Ltd
Managing Director
T: +61-3-9614-0600

China CleanTech: 2015 Annual Performance Report for the China CleanTech Index

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The China CleanTech Index outperformed all of its four benchmarks for the last quarter of 2015 and for the full year. In December 2015, it recorded a gain of 1.6%, over 4Q15 it gained 18.8% and over the full year of 2015 it gained 11.1%.

The twelve month gain is being driven by the China Storage Index (+117.5%), including strong gains by Tianqi Lithium and the China Efficiency Index (+47.1%).

All of the eight sub-indices recorded gains for the quarter. The best results were the 79.3% gain for the China Storage Index and the 44.3% gain for the China Efficiency Index. The worst results were recorded by the 0.9% gain from the China Hydro Index and 13.3% gain from the China Wind Index.

The market capitalisation of the 162 stocks in the China CleanTech Index is RMB 2.1 trillion (US$324 billion).

China & Environment Provides Strong Investment Thesis

The combined investment themes of China and environment provide a compelling case for investment. The sector remains volatile as it matures and reacts to environmental and industry development policy shifts. The quality and scale of the companies included in the sector varies widely and strong research into both sub-sectors and companies is essential before committing to the sector. However, the cleantech sector in China presents a very strong medium term investment thesis and the China CleanTech Index provides the first level of data to enable informed investment decisions to be made.

To view the report, please visit:
http://media.abnnewswire.net/media/en/docs/81997-2015-YEAR-ENG.pdf

John O'Brien
Managing Director
Australian CleanTech
Sino CleanTech

+61 419 826 372
john.obrien@sinocleantech.com 
skype - johnkcobrien
www.auscleantech.com.au
www.sinocleantech.com

Syrah Resources Ltd (ASX:SYR) Managing Director's Employment Contract

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Syrah Resources (ASX:SYR) (OTCMKTS:SYAAF) is pleased to announce that it has finalised the terms of a new Employment Contract with its Managing Director, Mr. Tolga Kumova. This follows the appointment of Mr. Kumova as Managing Director of the Company, effective from 2 October 2014.

Syrah Chairman, Mr. Jim Askew commented: "In the past year, Syrah has achieved numerous significant milestones, including the completion of a feasibility study, the raising of finance and the, commencement of construction activities for the Balama Project in Mozambique. These achievements have necessitated a review of the Managing Director's employment terms to better reflect Syrah's progression from an exploration company to a development company. The new Employment Contract has been structured to better reflect comparable remuneration benchmarks for a company of Syrah's size and complexity."

The key terms of the New Employment Contract, effective from the 1 January 2016, are set out below.

Contract duration

Mr. Kumova will remain appointed as Managing Director until terminated by either himself or Syrah under the terms of the new Employment Contract.

Remuneration

- Annual Base Salary - Mr. Kumova's annual salary will be revised from $181,818 per annum (plus 10% superannuation) to $450,000 per annum (plus 9.5% superannuation), and will be reviewed annually by the Remuneration and Nomination Committee with oversight from the Board of Directors.

- Short Term Incentive (STI) - As with other senior executives of the Company, the Managing Director will receive a STI benefit payable in cash on an annual basis. Target performance will result in a payment of up to 30% of Base Salary (exclusive of superannuation). The Managing Director's Key Performance Indicators (KPI's) will initially be split 50/50 between corporate and individual performance targets. The KPI's will be set and agreed annually by the Remuneration and Nomination Committee with oversight from the Board of Directors.

- Long Term Incentive (LTI) - As with other senior executives of the Company, the Managing Director will be entitled to an annual allocation of performance rights pursuant to the terms of the Syrah Resources Long Term Incentive Plan (LTIP). An LTI benefit of up to 60% of Base Salary (exclusive of superannuation) can be paid to the Managing Director. Subject to shareholder approval, performance rights will be granted on an annual basis and vesting will be contingent on the achievement of specific performance hurdles over a three-year period. The performance hurdles involve an assessment of the Company's Total Shareholder Return relative to a comparator group of companies (refer to page 33 of the 2015 Annual Report for further details regarding the Company's performance rights plan). Subject to the terms of the LTIP, performance rights that do not vest will automatically lapse.

Termination provisions

The Employment Contract may be terminated in the circumstances described below:

- Resignation - Mr. Kumova may tender his resignation by providing 6 months' Notice.

- Termination on Notice by Syrah - The Company may terminate Mr. Kumova's employment by providing 6 months' Notice or payment in lieu of this Notice period.

- Termination without Notice by Syrah for defined causes - The Company may terminate Mr. Kumova's employment without Notice for defined causes (i.e. serious misconduct or wilful neglect) outlined in his Employment Contract.

Post-employment restraints

On termination of his employment, Mr Kumova will be subject to customary post employment restraints.

Options

Subject to Shareholder approval, Mr. Kumova will be issued one million options in the Company. Each option will entitle Mr. Kumova to subscribe for and be issued one Share at the exercise price of $4.58, which is set at a 30% premium to the volume weighted average price (VWAP) of Shares trading on the ASX, measured over a 20 day period immediately before the date of entering into the new Employment Contract.

The options will vest one year from the date of grant and may not be exercised before that time. Each option will be exercisable for a period of up to three years following the date of grant, following which the options will lapse. Any shares issued by the Company pursuant to this option will rank equally with, and carry the same rights and privileges as, existing shares.

Bonus

In recognition of the significant milestones achieved by the Company since Mr. Kumova's appointment as Managing Director, the Board has resolved to award Mr. Kumova a once-off bonus of 142,745 shares, subject to Shareholder approval. The Board believes that this once-off payment appropriately recognises the significant contribution Mr. Kumova has made over the past 15 months to ensure the success of the Company's fundraising activities, the commencement of mine development in Mozambique and the on-going work to establish key sales and marketing targets as the mine moves towards commissioning.

Melanie Leydin
Company Secretary
Syrah Resources Limited
Office Contact - +61 3 9670 7264

Regeneus Ltd (ASX:RGS) Positive Safety of First Cohort in Progenza Stem Cell Trial

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Regeneus (ASX:RGS), a clinical-stage regenerative medicine company, today announced completion of a review of safety from the first cohort of 10 patients in the STEP trial. A review of the safety data from Cohort 1 by the study safety oversight committee identified no safety concerns. Enrolment is now open to the second and final cohort of 10 patients.

The STEP trial (Safety, Tolerability and Efficacy of Progenza) is the first clinical trial of Progenza, the company's allogeneic off-the-shelf stem cell product for the treatment of knee osteoarthritis.

The completion of Cohort 1 and opening of enrolment to Cohort 2 demonstrates good progress towards the clinical development of the company's allogeneic stem cell therapy. It is anticipated that Cohort 2 will be recruited in H1 2016.

The trial is entitled, "A Phase 1 randomised, double-blind, placebo-controlled single ascending dose study to evaluate the safety, tolerability and preliminary efficacy of intra-articular Progenza in adults with symptomatic knee osteoarthritis".

Leading Sydney-based sports medicine specialist, Dr Donald Kuah, is the Principal Investigator on the trial. Dr Kuah, a principal of Sydney Sportsmed Specialists, has extensive experience in the diagnosis and treatment of patients with osteoarthritis.

The trial includes 20 participants with knee osteoarthritis treated at two different doses of cells. Participants receive ultrasound-guided injections of Progenza or placebo directly into their arthritic knee joint. One in five patients receive a placebo injection. The primary objective of the trial is to evaluate the safety and tolerability of Progenza. The secondary objectives are to investigate the effect of Progenza on knee pain and function; quality of life; knee joint structures using magnetic resonance imaging; and osteoarthritis biomarkers. Participants will be monitored for 12 months.

About Progenza:

Progenza is an off-the-shelf allogeneic stem cell product with the first targeted treatment being for knee osteoarthritis. The product is produced from mesenchymal stem cells (MSCs) from adipose (fat) tissue from a healthy donor who has been extensively screened. Progenza includes secretions from donor MSCs that improves viability and functionality of the cells after freezing.

Adipose tissue is readily available from donors in large quantities and has significantly higher MSCs per gram of tissue than other tissue sources such as bone marrow or cord tissue. Adipose-derived MSCs also have the added advantage of showing greater capacity for expansion than MSCs from other tissue types.

The MSCs are expanded through the company's proprietary and scalable manufacturing process. The company has demonstrated the capacity to produce millions of therapeutic doses of Progenza from a single donor.

About Osteoarthritis:

Osteoarthritis continues to be an unmet medical need and is a significant global concern due to ageing populations. Stem cell products, such as Progenza, may address the treatment gap for patients who have persistent joint pain, and for whom total knee replacement is likely.

Sandra McIntosh
Company Secretary and Investor Relations
T: +61 2 9499 8010
E: investors@regeneus.com.au
W: www.regeneus.com.au

Environmental Clean Technologies Limited (ASX:ESI) Tripartite Agreement Signing Date Set

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Environmental Clean Technologies Limited (ASX:ESI) (ECT or Company) is pleased to advise the date for signing the Tripartite Collaboration Agreement (TCA) has been agreed and set for Tuesday 19 January 2016.

Key Points:

- TCA is a framework agreement that defines the collaborative pathway to jointly develop and deploy ECT's Coldry and Matmor technologies in India

- Neyveli Lignite Corporation Ltd (NLC), NMDC Ltd and ECT to execute the TCA at NLC's headquarters in India in the presence of senior Australian diplomats

- Agreement paves the way for the commencement of collaboration activity

ECT's Managing Director Ashley Moore stated, "It has taken a number of weeks, since we received Indian National Government clearance, to settle upon a date where all parties were available. Busy end-of-year calendars, some wild weather in Tamil Nadu, as well as some personnel changeover in high-level positions within our partner organisation's meant we needed to allow for additional scheduling flexibility. We will now be joining NLC and NMDC, along with senior Australian diplomats, at the Neyveli Corporate HQ in Tamil Nadu for the signing of the agreement next Tuesday, 19th January."

The TCA sets the collaborative, legal and commercial framework required to advance a project of this type. As a result, the signing will see ECT commence activities, starting with the collaborative techno-economic feasibility assessment for an integrated commercial scale Coldry and Matmor facility. It will also deliver suitably accurate capital estimates for the Coldry demonstration and Matmor pilot plant required for the parties to determine allocation of funding for the project.

The Company will provide an overview of the TCA, including commentary on broad scheduling and capital arrangements for the expected project activity going forward.

Given the intervening period between the proposal and confirmation of signing dates, and the ongoing high level of interest by investors in the advancement of our Indian activities, the Company considered it prudent to enter a trading halt last week, to ensure the market was appropriately informed.

The Company requests the trading halt be lifted, effective immediately.

About Coldry

When applied to lignite and some sub-bituminous coals, the relatively simple Coldry beneficiation process produces a black coal equivalent (BCE) in the form of pellets. Coldry pellets have equal or superior energy value to many black coals and produce lower CO2 emissions than raw lignite.

About MATMOR

The MATMOR process is a significant advancement in the area of iron and steel production.

MATMOR is a simple, low cost, low emission, continuous production technology, utilising the patented MATMOR retort, which enables the use of lower cost raw materials to produce primary iron and iron based alloys.

Ashley Moore
Managing Director
E: info@ectltd.com.au

Cardinal Resources Ltd (ASX:CDV) Latest Diamond Drill Hole Confirms More Wide Gold Zones

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Cardinal Resources Limited (ASX:CDV) ("Cardinal" or "the Company") is pleased to announce excellent results of the third deep diamond drill hole, NMDD481-759, completed on the Namdini Project ("Namdini").

HIGHLIGHTS

- 148m gold mineralisation encountered across four intervals:

o 23m @ 1.86 g/t
o 113m @ 1.27 g/t
o 8m @ 0.77 g/t
o 4m @ 4.46 g/t

Commenting on today's results, Managing Director Archie Koimtsidis said: "These deeper gold mineralised intersections confirm and further extend the wide and shallow mineralised intersections previously reported from the shallow RC drilling within the Namdini Project.

"This diamond drill hole continues to confirm that the gold mineralisation occurs within the hydrothermally altered volcaniclastics and monzonite granitoids, which were previously identified within the shallow RC drill holes (Figures 5 to 7 in link below).

"These new results clearly demonstrate the significant depth potential of the wide gold mineralisation previously reported at the Namdini Project".

Cardinal is expecting assay results for hole "I" within 7 days and is currently drilling hole "F" (Figure 2 in link below). Cardinal expects consistant newsflow on the drilling program now that the festive season is over.

Mineralised Zone

The wide mineralised zone at the Namdini Project occurs within hydrothermally altered volcaniclastics and monzonite granitoids. The mineralised widths range between 215m to 128m.

The RC and diamond drill holes drilled south of NMRD481-759 show consistent lithologies and compare favourably with this diamond drill hole (Figure 3, see link below). The volcaniclastics and granitoids intersected in the adjacent RC and diamond drill holes all contained gold mineralisation.

Diamond Drill Holes NMDD481-759

Drill hole NMDD481-759 was cored from surface. The soft near surface material was drilled with a Triple Tube core barrel to reduce core losses. Once harder rock was encountered, then HW steel casing was inserted for stability of the hole and HQ size core was drilled to 351m.

The drill rig was aligned at -65deg dip drilling east which allows for the shallowing of the drill hole with depth. The azimuth was set at 095deg instead of 100deg (normal to the strike of the formations) as the borehole trace usually deflects to the right with depth due to the clockwise rotation of the drill rods.

This drill hole was surveyed near the top of the drill hole, then every 30m down the hole to determine the dip and azimuth of the drill hole with depth.

The core was orientated at each drill run using a digital instrument. The core was marked showing the base of the drill hole, then the core from each drill run was laid in a length of angle iron to fit the core together so that the orientation line could be drawn along the length of the core. Geotechnical parameters were measured using this orientation line as the datum line.

The core was photographed then cut in half; one half was consistently sampled, with the remaining half stored in metal core trays and placed on metal racks under cover in the core shed at Bolgatanga. The half core samples were sent to the SGS Laboratory in Burkina Faso for fire assay.

Namdini Geology

The Namdini Project is located within a Paleo-Proterozoic Greenstone Belt comprising Birimian metavolcanics, volcaniclastics and metasediments located in close proximity to a major 30 km ~N-S regional shear zone with splays (Figure 1 in link below). These rock units are intruded by felsic monzonite granitoids and quartz diorites.

The gold mineralisation is developed within foliated, sheared and highly altered rocks containing sulphides (pyrite and arsenopyrite). The host rocks dip approximately 60deg W and strike 010deg. Hydrothermal alteration is comprised of silica, iron carbonate (ankerite), sericite, epidote and chlorite. The highly altered rocks contain disseminated gold-bearing sulphides and are distinguished from the grey, unaltered, unmineralised host rocks by characteristic pale to medium green colours.

The monzonite granitoid intrusive is considered to have been the "heat engine" which remobilised gold bearing sulphide rich fluids which altered the host rocks and precipitated the gold mineralisation within them.

The NNE-SSW trending corridor containing the gold mineralisation is bounded on both east and west sides by foliated metasediments of varying compositions, also dipping 60degW and striking 010deg.

The unaltered quartz diorites contain primary pyrite sulphides and are mostly unmineralised.

The hydrothermally altered volcaniclastics contain the mineralised sulphides and are recognised by their light to medium green colours (Figure 8).

Planned Diamond Drilling Program

Seven diamond drill holes are planned (marked A to F and I on Figure 2), all located to the west of the NNE trending gold mineralised corridor. All of them are planned to drill across this mineralised corridor to confirm the continuation of gold mineralisation along strike and at deeper levels.

Monitoring Of Drilling Programs

Cardinal's technical and management team evaluates all of the available data on a daily basis with the main focus being the expansion of the gold potential for the expanded licence areas.

Cardinal is the owner and operator of its own drill rig and has established an express assaying service with its drilling results, enabling the Company to continuously improve its drill plan strategy as new information becomes available.

The Company will continue drilling selective holes, submitting the samples and be on standby as results are received. Once the results have been assessed, Cardinal can plan further drill holes to maximise expansion of the gold inventory within the Namdini Project.

To view all figures and tables, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CDV-748864.pdf

Archie Koimtsidis
Managing Director
Cardinal Resources Limited
P: +233 (0)26 190 5220
Skype: cardinal.archie

99 Wuxian Ltd (ASX:NNW) Strong Growth Across Business Partners and Business Channels

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99 Wuxian Limited (ASX:NNW) ("99 Wuxian" or "the Company") is pleased to provide a business update for the months of November and December 2015.

New business partners - Fujian & Hubei Rural Credit Cooperatives

99 Wuxian has entered into agreements to provide its mobile marketplace and Incentive Cloud Services ("ICS") platform to the Fujian and Hubei Rural Credit Cooperatives, providing reward point redemption and marketing promotion gift redemption. Each respective business is responsible for the management of rural credit cooperatives in the Fujian and Hubei provinces of China.

The agreements will provide 99 Wuxian with access to an additional potential customer base of 96.3 million people across 154 cooperatives in rural China. The expansion into rural China represents an important stage in the continued growth of 99 Wuxian as the Company continues to build its potential user base and generate broader awareness of the platform.

Expansion of loyalty point redemption platform - Bank of Suzhou

99 Wuxian has expanded its service offering to the Bank of Suzhou to include its loyalty point redemption service. Since November 2015, customers have been able to redeem bank loyalty points through the Bank of Suzhou mobile app.

The extended service offering has increased user engagement across the bank's 450,000 mobile banking app users and is driving the rapid adoption of mobile banking across its customer base.

The Company's experience with the Bank of Suzhou provides a strong basis for the further expansion of 99 Wuxian's ICS platform to additional bank business partners across China.

iBenefit continues to gain scale

New business partner

99 Wuxian has entered into an agreement with Hankou Bank, the largest commercial bank in Wuhan. Hankou Bank will use 99 Wuxian's cloud-based iBenefit platform to manage its employee incentive program for its more than 4,000 employees.

New supplier agreement

99 Wuxian has partnered with Banyan Tree Holdings Limited ("Banyan Tree"), a leading international hospitality brand that manages and develops premium resorts, hotels and spas. Under the agreement, a premium range of Banyan Tree products, including spa vouchers and skin care products will be made available through 99 Wuxian's employee loyalty management platform, iBenefit.

Expansion of operations to the travel industry

99 Wuxian signed its first travel industry contract with the e-commerce platform of Jinjiang Travel ("Jinjiang"), one of the largest travel agents in China. The Company will provide gas card, game recharges and mobile top-up services to Jinjiang staff and its members through Jinjiang's mobile app.

As one of the largest travel agents in China and one of only three ticket agents to Shanghai Disneyland, the contract with Jinjiang marks 99 Wuxian's entry into a new market beyond the banking and financial industry. 99 Wuxian is also exploring other collaboration opportunities with Jinjiang.

Amalisia Zhang, CEO of 99 Wuxian, commented:

"I am pleased to report that 99 Wuxian has secured a number of new contracts across our mobile marketplace, ICS and iBenefit platforms, and has entered into an exciting new supplier partnership with Banyan Tree. Importantly, 99 Wuxian has expanded into the travel market, marking the Company's diversification beyond its core sector of banking and financials. We are pleased with the progress that the Company has made and look forward to providing further updates to shareholders."

To view the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-NNW-901639.pdf

99 Wuxian Limited 
Mr Ross Benson 
T: +61-418-254-548 

Fowlstone Communications
Mr Geoff Fowlstone
T: +61-413-746-949

Triton Minerals Ltd (ASX:TON) Company Update

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Triton Minerals Limited (ASX:TON) (Triton or Company) continues to make substantial progress and wishes to provide an update on the most recent developments.

Entitlement Offer

The pro rata non-renounceable entitlement offer closes today at 5.00pm (WST), 13 January 2016, and the Company will advise the outcome of the offer on or before Friday, 15 January 2016 as per the offer timetable.

The pro rata non-renounceable entitlement offer is one (1) share for every three (3) shares held by eligible shareholders on 30 December 2015 (Shares) at an issue price of $0.09 per share to raise up to $11,296,483 (before costs), with each eligible shareholder offered one (1) free attaching option for every two (2) Shares subscribed for under the offer (Options). The Options are exercisable at $0.15 each and expire on 16 March 2017 and are expected to be listed subject to compliance with ASX Listing Rules.

Balama North (Nicanda Hill and Nicanda West)

The Company continues to progress the expanded definitive feasibility study (DFS) to include the positive drill results associated with the Nicanda West deposit (refer ASX announcement 13 November 2015) as part of a proposed integrated operation designed to produce high-purity flake graphite.

A revised site plan and process flow sheet have been finalised whilst the metallurgical test work and geotechnical assessments are ongoing. The Company anticipates the expanded DFS to be completed in mid-2016.

The land use application known as the Direito do Uso e Aproveitamento da Terra (DUAT) is advancing with ongoing community consultation and land-use mapping program continuing in and around the villages surrounding the proposed operation.

As part of the Environmental and Social Impact Assessment (ESIA), the final Environmental Pre-viability Report and Scope Definition (EPDA) has been formally submitted to Miniserio da Terra, Ambiente e Desenvolvimento Rural (MITADER).

Site visits and a community interview program have been completed as part of the Resettlement Action Plan (RAP) process, with all communities in full support of the project and no material issues identified.

Ancuabe

Following the highly encouraging exploration drilling, including significant mineralisation associated with jumbo flake graphite (refer ASX announcement 20 November 2015), the Company intends to release an initial Mineral Resource estimate in Q1, 2016. The Company has also commenced early stage feasibility work.

The draft EPDA to the MITADER and plans for wet season studies, which are a requirement for the ESIA, have been implemented.

In late 2015 the Company, in association with its strategic alliance partner AMG Graphit Kropfmuehl (GK), completed an airborne LIDAR (Light Detection and Ranging) survey over a large area of the Ancuabe project and GK's adjacent property to provide detailed topographic data. The data from the survey will be utilised for ongoing site infrastructure planning and pit design.

Representatives of GK and their technical consultants visited Triton's Ancuabe project to inspect the graphite mineralisation exposed at surface and to review drill samples from the T12 site.

Community Liaison Officer Appointed

Mr Chitti Irache has been appointed as Community Liaison Officer. Mr Irache is a Mozambique national who originates from the Cabo Delgado Province and is fluent in the local dialects. Having previously worked with Impacto (Mozambique) and Anadarko Mozambique, his full-time appointment is assisting to establish a trusted level of community engagement that is expected to provide benefits to both Triton and the local communities.

Australian Research & Development (R&D) Tax Incentive

Triton is pleased to report that the Company has been advised by the Australian Taxation Office (ATO) that it is eligible for the R&D Tax Incentive Scheme and will receive a refund of approximately A$460,000 in respect of the activities undertaken for the year ended 31 December 2014.

To view tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-748948.pdf

Garth Higgo
Chief Executive Officer
Tel: + 61 8 6489 2555 
Email: info@tritonmineralsltd.com.au

Paige Exley
Company Secretary
Tel: + 61 8 6489 2555
Email: pexley@tritonmineralsltd.com.au

Pryme Energy Ltd (ASX:PYM) Appointment of Chair and Board

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Following Pryme Energy Ltd's (ASX:PYM) (OTCMKTS:POGLY) announcement dated 12 January 2016 regarding changes to the Board, the Company advises that Mr Stephen Mitchell has been appointed as Chairman of the Board effective immediately. Mr Daniel Lanskey will remain as a Non-Executive Director.

The Board now comprises four Non-Executive Directors and the biographical details of each of the new Non-Executive Directors are provided below.

Mr Stephen Mitchell

Mr Mitchell has a Masters Degree in International Economics and Foreign Policy from John Hopkins University in Washington DC. following which he spent 10 years as a natural resources specialist at investment banks and advisory firms in the US and Australia. From 1999-2011 Stephen was Managing Director of Molopo Energy Ltd, an ASX-listed oil and gas company that held assets in Australia, Canada, USA, China, India and South Africa. Under his stewardship, Molopo generated a 10 fold increase shareholder value and expande d its market capitalisation from less than $1 million into an ASX 200 company. Stephen was a founder and Chairman of Petrel Energy until retiring from the board in October 2014. Stephen is a partner of Mitchell Peterson Capital Partners, a Melbourne based corporate advisory firm. He is a director of several private companies including Lowell Resources Funds Management Pty. Ltd.

Mr Donald Beard

Mr Beard is a petroleum geologist and one of Australia's most successful energy company executives. After commencing his career at Union Oil Company of California he later became CEO of ASX listed Peko Oil (taken over by Santos), then was the Managing Director of Cultus Petroleum from 1990 - 1999 and more recently was Chairman of Molopo Energy from 2001-2011. At each of these ASX listed companies he was responsible for generating substantial shareholder value.

Mr Ray Shorrocks

Mr Shorrocks has more than 20 years' experience in corporate finance and has advised a diverse range of mining and resource companies during his career at Patersons Securities Limited, one of Australia's largest full service stockbroking and financial services firms. He has been instrumental in managing and structuring equity capital raisings as well as having advised extensively in the area of mergers and acquisitions.

Mr Stephen Mitchell
Chairman
Pryme Energy Limited
Telephone: +61 3 9642 2899
Website: www.prymeenergy.com

Altech Chemicals Ltd (ASX:ATC) Appoints HPA Sales & Marketing Manager (China)

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Altech Chemicals Ltd (ASX:ATC) is pleased to announce the appointment of Mr Martin Ma as the Company's sales and marketing manager (China). This key appointment marks an important step as the Company progresses its marketing strategy for the high purity alumina (HPA) project specifically for the Asia Pacific region. This appointment follows the previous announcement regarding Altech's sales and distribution agreement with Mitsubishi Corporation on 24 September 2015. The agreement appoints Mitsubishi as the exclusive seller and distributor of Altech's final HPA product to the Japanese market.

Mr Ma is highly experienced in sales management of high purity feedstock materials to Chinese industries such as the lithium battery and electrical vehicle industries. Mr Ma is a chemistry engineering graduate from the Henan University Chemistry Institute in China. His background in lithium battery separators and electrolyte technology, which are fast-growing markets for HPA, will be invaluable for the Company's future HPA sales and distribution.

HPA is used in the coatings of battery separators to increase discharge rates; lower self-discharge; and lengthen life cycles. With the projected growth of electric vehicles in China, HPA use in this application is expected to be strong.

Mr Ma was previously sales and marketing manager for Galaxy Lithium and was involved in the establishment of the lithium carbonate market in north and central China. Some of Mr Ma's noteworthy positions include senior sales manager (Boston Power China Company Ltd); sales supervisor (Sony China Company Ltd); sales manager (Huanyu Power Company Limited).

Altech managing director, Mr Iggy Tan said "Mr Ma's appointment is another key step in the sales and marketing strategy for the Asia Pacific region. Mr Ma's role will involve the development of our HPA business in China and to establish off-take agreements. Altech continues to build a strong and experienced management team in preparation for its emergence as a significant producer of high purity alumina" he said.

Corporate:
Iggy Tan
Managing Director
Altech Chemicals Ltd
T: +61 8 6168 1555
E: info@altechchemicals.com
WWW: www.altechchemicals.com

Media Contact:
Tony Dawe
Consultant
Professional Public Relations
T: +61 8 9388 0944
E: tony.dawe@ppr.com.au

Enice Holding Company Ltd (ASX:ENC) New Contract Momentum Continues, Awarded Tender by Hubei Mobile

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Enice Holding Company (ASX:ENC) ("Enice" or "the Company"), a vertically integrated wireless telecommunications technology business supplying China's rapidly growing telecommunications sector, today announced a successful tender notification from Hubei Mobile.

Highlights

- First successful tender notification from Hubei Mobile for the indoor distribution and WLAN construction services

- Builds on existing relationship with Hubei Mobile in an important province to the Company

- Significant momentum following recent contract wins from new and existing customers

- Awarded 5 bid sections in Hubei Province

- Estimated revenue from tender of RMB 39 million (A$8.43 million) between 2016 and 2017

The tender notification is for the indoor distribution and WLAN construction services of Hubei Mobile in 2016-2017. This is Enice's first successful bid of this service type in Hubei province, where the Company already has secured contracts for its DAS antenna products with this customer.

With Hubei Mobile, the Company will participate in the 2015 DAS integration project initially with potential for further projects after this winning tender.

The successful bid includes provision of DAS integration services for 5 cities in the region of Hubei province.

The contract is expected to generate revenue of RMB 39 million in total across 2016 and 2017, and demonstrates the further traction that the Company is gaining in this region.

Fowlstone Communications
Geoff Fowlstone 
M: +61 413 746 949 
T: +61 2 9955 9899

Joanne Shears
T: +61 416 835 301
E: joanne@fowlstone.com.au

MMJ PhytoTech Ltd (ASX:MMJ) Receives Notice of Pre-Licence Inspection at Duncan

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MMJ PhytoTech Limited (ASX:MMJ) ("MMJ" or the "Company") is pleased to announce its wholly-owned subsidiary United Greeneries ("UG") has received notification from Health Canada ("HC") that an MMPR Pre-License Inspection of UG's Duncan Facility will be conducted on February 1, 2016. This announcement marks the most important milestone passed to date by UG and positions MMJ well to become one of the few companies worldwide legally allowed to produce MC within a federally regulated regulatory framework.

Key Points:

- MMJ PhytoTech Limited ("MMJ") notified by Health Canada ("HC") that a Pre-License Inspection of the Company's Duncan Facility will commence February 1, 2016

- A successful Pre-License Inspection is the final step to receiving a cultivation license from HC under the Marihuana for Medical Purposes Regulations ("MMPR")

- Notice of Pre-License Inspection is considered the most significant value catalyst for MMPR applicants

- In all cases known to MMJ, every MMPR applicant that has received notice of Pre-License Inspection has subsequently been granted an MMPR license

- MMJ is well positioned to soon be one of only 25 companies legally allowed to produce Medical Cannabis ("MC") in Canada

Andreas Gedeon, Managing Director of MMJ PhytoTech, commented:

"Notice from Health Canada of an imminent Pre-License Inspection of the Duncan Facility is extremely positive news. For MMJ and its shareholders, an MMPR license at the Duncan Facility will have enormous strategic and fundamental value. Further, Duncan's status as a Licensed Producer will be key to MMJ's evolution into a diversified, revenue generating, integrated medical cannabis company. This is a significant event for the Company, its employees and its shareholders."

Notice of MMPR Pre-License Inspection

On January 12th, 2016 (PST) UG received verbal and written confirmation from HC of its intention to conduct an MMPR Pre-License Inspection of UG's Duncan Facility over a two and a half day period commencing February 1, 2016. The inspection will take place onsite at the Duncan Facility and is designed to verify that the information submitted to HC is accurate and to assess compliance with the applicable sections of the MMPR prior to licence approval. Having undergone a pre-licence inspection does not guarantee issuance of a licence, however, to MMJ's knowledge an MMPR license has been issued in every such case to date.

Key Value Catalyst

Notice of Pre-License Inspection is considered to be the key value catalyst for an MMPR applicant during the licensing process. This is due to the fact that every MMPR applicant that has received Notice of Pre-License Inspection has subsequently been issued an MMPR Licensed Producer license, making the Notice of Pre-Inspection the value catalyst as opposed to the actual granting of a MMPR license. This is supported by recent comparable situations where publicly traded MMPR applicants received Notice of Pre-License inspection and experienced significant appreciation in share price and market valuation in the near-term. Most notably, the recent announcement by Supreme Pharmaceuticals Inc. (CSE:SL) ("Supreme") made after market close on December 3, 2015. In Supreme's case, Notice of Pre-License Inspection and completion of the Pre-License Inspection (with no indication of the potential outcome of the Pre-License Inspection) appears to be the only relevant significant news announced during a period in which the company's stock price appreciated 143% from C$0.20 on December 3, 2015 to C$0.485 on January 12, 2016. Supreme has, as of today, not received an actual MMPR Licensed Producer license.

Strategic Importance of MMPR License

The Duncan MMPR license will provide MMJ with a secure and legal source of MC, creating options to generate near-term revenues from the sale of dried produce direct to registered MMPR patients in Canada, to other Licensed Producers or for export into other jurisdictions with medical cannabis regulations. Management will also explore other options to maximize revenue streams from UG.

The leading character and federal positioning of the Canadian MMPR will allow for knowledge and expertise transfer into new and emerging MC markets globally. This knowledge and expertise will be key to MMJ's Australian strategy in the near-term as well as all other international business endeavours going forward.

Longer-term, Duncan's MMPR license will provide a solid base for MMJ's evolution into a stable, diversified, integrated cannabis company.

Andreas Gedeon
Managing Director
T: +1 (250) 713 6302
E: agedeon@mmj.ca

For media enquiries
Market Eye
Rob Gundelach, Director
T: +61 424 930 789
E: robert.gundelach@marketeye.com.au

Orocobre Limited (ASX:ORE) Olaroz Lithium Facility Operations Update

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Orocobre Limited (ASX:ORE) (TSE:ORL) (Orocobre or the Company) wishes to advise on progress at the Olaroz Lithium Facility.

Key Points:

- Production of 427 tonnes of lithium carbonate was achieved in December, an increase of 62 tonnes over November, with production rates of 20tpd being achieved towards the end of the month.

- December production was negatively impacted by the need for structural repairs on rake arms in the thickener (in the purification circuit) and the planned installation of the additional boiler and associated works.

- The "de-bottlenecking" process neared completion with the additional boiler, second centrifuge and pond flocculant dosing systems installed. These debottlenecking works are planned to be completed in January as previously advised.

- Production in January is forecast to be approximately 600 to 650 tonnes.

- Commercial orders in hand to supply five battery market customers with deliveries scheduled to commence in February.

Production update

Production at the Olaroz Lithium Facility continued to increase in December with 427 tonnes of lithium carbonate produced, an increase of 62 tonnes on November, with production rates of 20 tonnes per day (tpd) being achieved towards the end of the month. Of the total tonnes produced 65 tonnes were recovered from within the purification circuit.

Production was negatively impacted by the need for unplanned structural repairs to be conducted on the rake arms in the thickener within the purification circuit to reinforce the structures against vertical loads. The repairs were undertaken following an appraisal by Outotec, the equipment supplier. The engineering advice provided by Outotec is that the existing equipment specification is fit for purpose and they also advised on some modifications to operating controls. This, coupled with the installation and commissioning of the additional boiler and associated works resulted in an effective loss of production of approximately 150 tonnes.

De-bottlenecking progress details:

- Flocculation and Heat Exchangers:

The flocculation operation to settle the suspended magnesium, sodium boron and calcium salts in the concentrated brine feed pond was commissioned in December and is expected to facilitate the feed of clarified brine to the lithium carbonate plant thus reducing the rate of build-up of salts on the heat exchanger plates. The additional heat exchangers to be installed in parallel to the existing heat exchangers will be installed at the end of January and will achieve process duplication and redundancy thus allowing a heat exchanger (which cools the feed slurry to the purification circuit) to be taken offline for cleaning without interruption of the cooling of the feed slurry.

- Magnesium and Calcium removal by Centrifuges:

The second centrifuge has been installed and commissioned. This second centrifuge is expected to allow the nameplate flow rate to be achieved through the primary circuit.

- Boiler Increase and Heat Distribution:

The additional boiler was installed and commissioned in December. Final piping and circuit commissioning will occur in January as planned. The increase in boiler capacity is anticipated to permit the crystallizers to operate at design temperatures and full production capacity.

Production Guidance

With the "de-bottlenecking" projects expected to be completed during January, it is expected that the plant will achieve the operating cost breakeven run rate and enter the final stage of production ramp up. As previously advised, the timing of achievement of the nameplate production run rate is dependent upon the successful optimisation of operating practice and process controls once the debottlenecking rectifications are complete. Production for the month of January is forecast at 600-650 tonnes with operating cost breakeven to be achieved.

Sales Orders

Commercial shipments of lithium carbonate have been and continue to be dispatched from the Olaroz Lithium Facility to Europe, Asia and the USA. All product that has been reported as produced is saleable product and has been sold or committed to a customer's purchase order. As previously advised samples have been provided to both industrial and battery sector customers and some customers are still completing the final evaluation process. There are currently customer orders in hand from five (5) battery market customers that have completed the product approval process and placed commercial purchase orders. These orders are scheduled for dispatch in February and March.

Market Conditions

Prices in recent times have been steadily increasing to over US$6,000/tonne with further increases expected (based on current negotiations) as we move further into CY2016 and beyond as lithium market conditions continue to tighten. Strong market demand and supply side constraints are resulting in continued upward pressure on market prices for lithium carbonate. Current market conditions in China are very tight with spot pricing from independent third party sources being quoted in excess of US$15,000/tonne. Although contract prices are very different to spot market rates, the behaviour of the spot price in China in recent times highlights the tight market conditions.

Managing Director Comments

Managing Director, Richard Seville, said, "The progress at Olaroz continues to be positive with the completion of debottlenecking activities continuing to draw closer. Despite some hurdles in December, the completion of the debottlenecking process is largely on track with the timetable and due for completion in January. It was very encouraging to hit a milestone production rate of 20 tpd at the end of December and we are also greatly encouraged by the increasingly favourable market conditions and rising market prices."

To view figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-901886.pdf

Australia and Asia 
Richard Seville 
Managing Director
T: +61 7 3871 3985
M:-+61 419 916 338
E: rseville@orocobre.com

David Hall
Business Development Manager
T: +61 7 3871 3985
M: +61 407 845 052
E: dhall@orocobre.com

North America
James Calaway
Chairman
M: +1 (713) 818 1457
E: jcalaway@orocobre.com
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