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Mustang Resources Ltd (ASX:MUS) Presentation Update April 2018

April 17, 2018, 5:04 pm
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Mustang Resources Ltd (ASX:MUS) (OTCMKTS:MTTGF) provides the Company's latest presentation.

Mustang's Montepuez Ruby Project

A Significant New Gemstone Discovery

- The Montepuez region in Mozambique represents a substantial share of the lucrative global ruby market

- Mustang's initial bulk sampling confirms significant new ruby discoveries on licences with scope for expansion

- Shallow secondary deposits, with initial bulk sampling delivering gem quality rubies

- Consistent recovery of full quality range including premium category stones

- Mustang has 143sqkm highly prospective ground and extensive secondary ruby mineralisation proven over 4,200m strike (open ended)

To view the full presentation, please visit:
http://abnnewswire.net/lnk/000E417W 

Managing Director: 
Bernard Olivier 
E: bernard@mustangresources.com.au
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Deep Yellow Limited (ASX:DYL) JOGMEC Approves Annual Budget of $1.3M on Nova JV

April 17, 2018, 5:54 pm
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Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is pleased to advise that Japan Oil, Gas and Metals National Corporation (JOGMEC), who are sole funding the Nova Joint Venture (Nova JV) in Namibia, have approved a program and budget of $1.3M over the next 12 months for the period ending 31 March 2019.

The Nova JV, involving EPLs 3669 and 3667 is held in the corporate entity Nova Energy (Namibia) Pty Ltd in which Reptile Mineral Resources and Exploration (Pty) Ltd (RMR - wholly owned subsidiary of Deep Yellow) holds 65% (Manager), Nova Energy Africa Pty Ltd (wholly owned subsidiary of Toro Energy Limited, ASX listed) 25% and Sixzone Investments (Pty) Ltd 10%.

JOGMEC is currently earning a 39.5% equity interest in the Nova JV to be achieved after $4.5m has been spent by them over a four year period.

Work on the Nova JV is focussing on target definition and drilling to test for both basement related uranium targets (Rössing/Husab style deposits) and palaeochannel/calcrete associated uranium targets (Langer Heinrich style deposits). 

John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
F: +61-8-9286-6969
Email: john.borshoff@deepyellow.com.au
www.deepyellow.com.au
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Empire Energy Group Ltd (ASX:EEG) Northern Territory Fracking Moratorium Lifted

April 17, 2018, 6:24 pm
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The Directors of Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGNY) ("Empire" or "the Company") are pleased to provide shareholders with an update on the lifting of the fracking moratorium in the Northern Territory.

This morning the Northern Territory Government announced that the moratorium on fracture stimulation of unconventional onshore gas reservoirs is to be lifted.

The Chief Minister, Michael Gunner, announced that the Government had accepted all 135 recommendations of the Scientific Inquiry into Fracture Stimulation in the Northern Territory.

Mr Gunner said that the implementation of the recommendations of the Final Report would now begin so that Territorians could benefit from the creation of new jobs while protecting the Territory's unique natural environment.

Empire's 100% owned subsidiary, Imperial Oil & Gas Pty Limited ("Imperial"), has over 14.5 million acres in the McArthur and Beetaloo Basins, Northern Territory, both of which are considered highly prospective for large shale oil and gas resources. The Company has been operating in the Northern Territory since 2010.

The Government will now commence to undertake a process of implementing new rules and regulations pertaining to the industry. This is likely to include certain areas where development can occur, and other areas which have been described as 'potential reserved areas'. Such areas are likely to include national parks and areas of significant cultural heritage to Traditional Owners. The Company intends to proactively engage with the appropriate Government department and Traditional Owner groups to define areas which are appropriate for continued development. The implementation timetable is currently unknown.

Empire welcomes the Northern Territory Government's decision which, following implementation of regulations, will facilitate the responsible development of the Company's highly prospective shale acreage position.

Some of the key elements of these new laws and regulations will include:

- Ensuring all Environmental Management Plans for fracking must be assessed by the EPA and signed off by the Minister for the Environment;

- Strict new requirements that must be met before exploration approval is granted including codes of practice for well integrity and well decommissioning, development of wastewater management frameworks, the requirement for gas companies to obtain a water license;

- Strict new requirements that must be met before production can take place including the development of robust and transparent monitoring strategies, discussions with industry and pastoralists regarding land access requirements and compensation, and release of all environmental management plans for public comment;

- Broad standing to seek judicial and merits review of statutory decisions;

- Broad new powers to sanction non-compliance, civil enforcement proceedings and increased criminal penalties for environmental harm.

The Company continues to carry out advanced discussions with potential joint venture partners which would fund the exploration and appraisal activities required to unlock the substantial resource potential of the Company's acreage in the Northern Territory.

The Company will provide further updates to shareholders as further information becomes available.

Northern Territory Chief Minister Media Release: Fracking Moratorium Lifted

The Northern Territory Chief Minister's media release can be found attached (see link below) and also at the following link: http://www.abnnewswire.net/lnk/8K3P8NEX

To view the media release, please visit:
http://abnnewswire.net/lnk/5QL6A842 

Empire Energy Group Ltd
E: info@empiregp.net
T: +61-2-9251-1846
F: +61-2-9251-0244
WWW: www.empireenergygroup.net
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Sayona Mining Ltd (ASX:SYA) Capital Raise to Advance Authier Lithium Project Development

April 17, 2018, 7:10 pm
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Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or "Company") is pleased to announce that it has received firm commitments from international and domestic institutional, and sophisticated investors for an A$11 million Placement, and intends to undertake a pro rata renounceable Rights Issue to raise a further A$4 million. The terms of the Placement and Rights Issue are outlined below.

KEY HIGHLIGHTS

- Oversubscribed Placement Issue to raise A$11,118,000

- Significant support received from international and domestic institutions in the capital raising

- The company will undertake a rights issue to raise up to A$4,000,000 to enable all shareholders to participate in the capital raising

- The majority of the new funding will be applied to advancing the Authier lithium project towards development

The proceeds from the capital raising and the Company's existing cash will be applied as follows:

- Advancing the Authier lithium project towards production, including:

o Finalisation of the Definitive Feasibility Study, engineering and design;

o Completion of the permitting activities including public consultation;

o Purchasing of certain long-lead capital items;

o Commencement of a downstream processing feasibility study;

- Exploration activities at the Tansim and Mallina lithium properties;

- General working capital, administration expenses and costs of the capital raising.

Corey Nolan, Chief Executive Officer, commented "The Company is very pleased to have attracted domestic and institutional funding support to continue advancing Authier towards production. The funds will be applied to finalising the pre-construction activities, assessing the value-adding downstream potential and realising value from its extensive portfolio of lithium properties."

PLACEMENT

The Placement will raise A$11,118,000 through the issue of 218,000,000 Placement Shares at an issue price of 5.1 cents (A$0.051) per Placement Share, with one (1) free attaching Placement Option exercisable at 7.8 cents (A$0.078) on or before 30 April 2020 for every two (2) Placement Shares subscribed.

The Placement will settle on Monday 23 April 2018, with the Placement Shares to be issued by 26 April 2018.

The issue price represents a 15% discount to the 15 day volume weighted average share price traded on the ASX prior to the Company entering into a trading halt on 16 April 2018.

Jett Capital Advisors, LLC and Patersons Securities Limited acted as Joint Lead Managers to the Placement.

PRO RATA RENOUNCEABLE RIGHTS ISSUE

Following completion of the Placement, the Company will undertake a pro rata renounceable rights issue to eligible participants to raise up to $3,924,790 (before the costs of the offer), comprising an offer on the basis of one (1) Rights Share for every twenty-two (22) existing Shares held at an issue price of 5.1 cents ($0.051) per Rights Share, together with one (1) free attaching Rights Option exercisable at 7.8 cents ($0.078) on or before 30 April 2020 for every two (2) Rights Shares subscribed.

The Rights Issue is to be underwritten by Patersons Securities Limited, who are also acting as the Lead Manager to the Rights Issue.

Placement Capacity

The Company will issue 218,000,000 Placement Shares and 109,000,000 Placement Options under the Placement for a total of 327,000,000 Placement Securities. 212,267,328 Placement Securities are to be issued pursuant to the Company's 15% placement capacity under ASX Listing Rule 7.1 and 114,732,672 are to be issued pursuant to Sayona's additional 10% placement capacity under ASX Listing Rule 7.1A.

The Company provides the following information under ASX Listing Rules 3.10.5A and 7.1A.4(b) in respect of the Placement Securities issued under ASX Listing Rule 7.1A.

(a) Sayona issued 114,732,672 Securities under ASX Listing Rule 7.1A which resulted in the following dilution to existing shareholders: (see link below)

(b) The 114,732,672 Placement Securities that were issued under Sayona's 10% capacity under LR7.1A, are being offered in addition to the rights issue (details below) to ensure that existing shareholders have the ability to participate in the capital raising.

(c) Sayona confirms that there was no underwriter in respect to the Placement.

(d) The Placement is being conducted as part of the overall capital raising (which includes the Rights Issue). The fees and costs in connection with the capital raising will be disclosed in a Prospectus to be released in accordance with the indicative timetable.

Indicative Timetable

The current proposed timetable for the Rights Issue is set out below. The dates are indicative only and Sayona reserves the right to vary the dates (subject to the Corporations Act and the ASX Listing Rules). 
 
--------------------------------------------------------------
Event                                                    2018 
--------------------------------------------------------------
Trading halt 
Receive firm commitment for the Placement and 
subunderwriting commitments for the Rights Issue  16-17 April 
Offer announced                                      18 April 
Settlement of Placement                              23 April 
Prospectus lodged with ASIC and ASX                     1 May 
Trading of rights commences                             3 May 
Record date                                             4 May 
Despatch of Prospectus                                  9 May 
Trading of rights closes                               16 May 
Closing date for Rights Issue                          23 May 
Rights Issue shortfall notified                        25 May 
Rights Issue shortfall settled                         29 May  
--------------------------------------------------------------
To view the release, please visit:
http://abnnewswire.net/lnk/DD74C1DA 

Paul Crawford
Company Secretary
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au
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Nanollose Ltd (ASX:NC6) Letter to Shareholders

April 17, 2018, 7:30 pm
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Nanollose Ltd (ASX:NC6) on 16 April 2018, lodged a Prospectus with ASIC and ASX, seeking to raise up to approximately $187,500 by a non-renounceable rights offer ("Offer") of up to approximately 18,749,999 entitlement options on the basis of 1 entitlement option for every 4 shares held at an issue price of 1 cent per entitlement option. The options have an exercise price of 30 cents and an expiry date of 31 December 2020.

The funds raised under the Offer will be used as additional working capital and to meet Offer expenses.

The Offer is not underwritten. There is no minimum subscription under the Offer.

The timetable for the Offer is as follows: 
 
------------------------------------------------------------------- 
Lodgement of Prospectus with ASIC and ASX           16 April 2018 
Application to ASX for quotation of options under 
the Prospectus                                      16 April 2018 
Notice to Shareholders                              18 April 2018 
Current Shares "Ex" the entitlements issue 
on the ASX                                          19 April 2018 
Record Date to identify Shareholders and 
to determine Entitlements to options under 
the Prospectus                                      20 April 2018 
Despatch of Prospectus and Entitlement and 
Acceptance Form (Opening Date)                      26 April 2018 
Closing Date                                          18 May 2018
Deferred settlement trading                           21 May 2018
ASX notified of undersubscriptions                    23 May 2018
Issue Date and end of deferred settlement trading     25 May 2018 
-------------------------------------------------------------------
Subject to the Listing Rules, the above dates may be changed without notice.

The Offer will be made to the Company's shareholders with a registered address in Australia or New Zealand on the Record Date ("Eligible Shareholders").

The capital structure of the Company post-completion of the Offer assuming full subscription will be as follows: (see link below)

It is anticipated that the Prospectus offering entitlement options for subscription will be mailed to Eligible Shareholders on 26 April 2018. The Prospectus may be viewed on the Australian Securities Exchange's website at www.asx.com.au or alternatively on the Company's website at www.nanollose.com.

Application will be made to ASX for official quotation of the options. In the calculation of any entitlement, fractions will be rounded up to the nearest whole number. No shareholder approval is required to the Offer.

Overseas Shareholders

The offer is only made to Eligible Shareholders (shareholders with a registered address in Australia or New Zealand at the Record Date). Therefore, if you are a shareholder with a registered address other than Australia or New Zealand, no offer will be made to you. In making this decision, the directors have taken into account the small number of overseas shareholders and the costs and administrative complexity of complying with applicable regulations in jurisdictions outside Australia and New Zealand.

If you have any questions please do not hesitate to contact the Company.

To view the release, please visit:
http://abnnewswire.net/lnk/5X3C6971 

Nanollose Ltd
E: info@nanollose.com
T: +61-8-9389-3120
WWW: www.nanollose.com
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Thundelarra Ltd (ASX:THX) Air Core Programme Completed at Garden Gully

April 17, 2018, 8:52 pm
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Thundelarra (ASX:THX) (OTCMKTS:TLXPF) is pleased to report that the Air Core (AC) drilling programme at Garden Gully has been completed and samples submitted for assay. The principal objective of the AC programme was to test for near-surface extensions of the known mineralised structures and to provide geological data over zones that our initial interpretation suggests might host previously unrecognised structures with the potential to be mineralised.

- 274 AC holes drilled for 14,025m total advance

- 20 AC traverses across seven prospects

- Testing for near-surface extensions of mineralised structures

- RC and DD rigs currently on site drilling follow-up

- 39,979m drilled in 415 holes prior to current RC/DD programme

o 23,432m in 128 reverse circulation (RC) drill holes

o 2,523m in 13 diamond drill (DD) holes

o 14,025m in 274 AC holes

When all assay results have been received and collated then the resultant geological interpretations will be reported to the market, together with any significant findings.

Our initial shallow scout drilling at Garden Gully, which began in mid-2016, aimed to identify targets below the transported cover. The approach proved very successful, delivering several new prospects that were previously unknown, with Lydia a prime example. Given the positive outcomes of that initial exploration, we remain confident that these recently-completed air core traverses will identify multiple additional targets for more detailed follow-up in subsequent programmes.

With the increased understanding of the mineralisation controls gained from the drilling programmes carried out to date, it became clear that there were several untested areas along strike from known zones of mineralisation that offered potential to host repetitions or extensions. Air core represented the most cost effective way to test the model and identify further follow-up targets.

The Garden Gully project area is characterised by a veneer of transported cover of variable thickness, underlain in places by a hard subsurface layer of duricrust. We believe that the combination of these factors has contributed to past soil geochemistry surveys failing to identify and locate accurately the underlying primary mineralised structures that our exploration has found. This is the rationale for the programme of air core / narrow diameter hammer drill programmes - to penetrate the transported surface cover and generate more meaningful regolith geochemical profiles that we have shown to generate meaningful targets for follow-up deeper reverse circulation drilling.

About Garden Gully.

Thundelarra's wholly-owned Garden Gully project comprises 15 granted Prospecting Licences and 2 granted Exploration Licences covering about 78 square kilometres, located in Western Australia's Murchison region about 20 kilometres north-west of the town of Meekatharra.

To view figures, please visit:
http://abnnewswire.net/lnk/IY9D7R37 

Mr Tony Lofthouse
Chief Executive Officer
Telephone: +61-8-9389-6927
Email: info@thundelarra.com.au
Website: www.thundelarra.com
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Queensland Bauxite Ltd (ASX:QBL) VitaHemp Releases Its "Black Label" Premium Hemp Seed Oil Soft Gel Capsules

April 17, 2018, 8:58 pm
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The Board of Queensland Bauxite (ASX:QBL) are pleased to advise that Medical Cannabis Limited (MCL) through its subsidiary VitaHemp Pty Ltd (VitaHemp), has announced the release of a very first to market, Australian grown and processed Hemp Seed Oil soft-gel capsules.

Over the past week, three of VitaHemp's new "Black label" products have been launched on VitaHemp's website www.vitahemp.com

More and more Australians understand a correlation between diet and general well-being. Omega 3-6-9 oils are often consumed via animal based oils or fish oils, including intensively farmed byproducts from fish aquaculture.

However, many are now seeking plant-based alternatives such as Hemp Seed Oil which provide the same important Essential Fatty Acids (EFA's) and Gamma Linoleic Acids (GLA's).

Hemp Seed Oil contains an ideal balance of omega-3 to omega-6 fatty acids for the body in an optimal 1:3 ratio of omega-3 to omega-6 required for body consumption and use whereas fish oil capsules (such as salmon, herring, sardines and anchovies) can have a sub-optimal profile of around seven to twenty times the omega-6 to omega-3 oils.

(source: http://abnnewswire.net/lnk/FFQKFIMS).

Technical Director of MCL, Andrew Kavasilas said, "There is a number of reasons why our fish oil replacement capsules make a lot of sense, besides the added health benefits associated with a primarily plant-based diet. The Vitahemp capsules can also guarantee Australian grown hemp seed, no chemical residues, no mercury and definitely no odours which are common causes of complaint about fish oil capsules".

VitaHemp capsules provide genuine quality for its users. Not all Hempseed oils are equal, there can be variances. The adage "oils ain't oils" applies to Hemp Seed Oil. Only careful cold-pressing, slow filtering processes and climate-controlled conditions, ensure real quality.

VitaHemp's Seed and processing Division, HHC, and partners Waltanna Hemp Group, provide the finest quality hulled hemp seed, hemp protein, hemp flour and refined Hemp Seed Oil in Australia. Our proprietary processing facilities are amongst the best in the world for producing quality fresh hemp seed food products. MCL's seed and production division is setting the standard as a global leader in hemp seed food production here in Australia.

The "Black label" range of Hemp Seed Oil products are the next advancement in cold-pressed refining. We are now able to refine smoother oils, extend the shelf-life of our Hemp Seed Oils and fit all our oil products with superior quality sealing to prevent nutrient loss, which can occur when product is exposed to light and air. This improvement in technology has allowed VitaHemp to increase its bottle range to include a 250ml and our new 500ml Longneck product for the Australian consumer. We believe, that VitaHemp's "Black label" Hemp Seed Oil soft gel capsules will fill a current vacancy in the marketplace by supplying a Hemp Seed product which is a plant-based alternative to Fish Oil capsules.

Pnina Feldman, Executive Chairperson of QBL commented, "The Board of QBL are very pleased to see the continued development of MCL's business, including the release of these new innovative and quality products which we anticipate will be well received by consumers, and thereby generate significant revenues for the benefit of all our shareholders".

To view figures, please visit:
http://abnnewswire.net/lnk/908KGW13 

Queensland Bauxite Ltd
Tel: +61-2-9291-9000

For further information or any queries please email the Company at:
sfeldman@queenslandbauxite.com.au
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Anatara Lifesciences Ltd (ASX:ANR) Quarterly Report

April 18, 2018, 3:27 pm
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Anatara Lifesciences (ASX:ANR) today released its Appendix 4C financial report for the quarter ending 31st March 2018.

Anatara Lifesciences is pleased to advise a neutral cash flow for the quarter ending 31st March 2018 and an updated cash balance of $8.76 million as reported in the attached March Appendix 4C.

Anatara Chairman, Dr Mel Bridges said, "Since listing in October 2014, the Anatara team has worked diligently on delivering its key milestones, and is focused on continuing to do so. We are pleased to maintain a strong cash position and appreciate the patience of our shareholders whilst we positively move along the path to delivering shareholder value."

To view the full report, please visit:
http://abnnewswire.net/lnk/CZ97UW6L 

General inquiries:
Dr Mel Bridges
Executive Chairman
Anatara Lifesciences
Phone: +61-413-051-600
Email: mbridges@anatara.com

Media inquiries:
Jane Lowe
Managing Director
IR Department
Phone: +61-411-117-774
Email: jane.lowe@irdepartment.com.au
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Cardinal Resources Ltd (ASX:CDV) (TSE:CDV) Technical Report on Namdini Gold Project Filed on SEDAR

April 18, 2018, 4:22 pm
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Cardinal Resources Limited (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) ("Cardinal" or the "Company") is pleased to announce that it has filed a National Instrument 43-101 ("NI 43-101") Technical Report in respect of the Mineral Resource Estimation announced on 5 March 2018.

To view the NI 43-101 Technical Report, please visit:
http://abnnewswire.net/lnk/5MT7G0TU 

Archie Koimtsidis
CEO / MD
Cardinal Resources Limited
P: +61-8-6558-0573

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
P: +1-647-256-1922
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Speedcast International Ltd (ASX:SDA) New Debt Refinancing to Improve Operational Flexibility

April 18, 2018, 4:52 pm
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Speedcast International Limited (ASX:SDA), the world's most trusted provider of remote communication and IT services, today announced its intention to pursue the refinancing of its existing Bank Loans.

Speedcast International Limited intends, together with some wholly-owned subsidiaries, including Speedcast Communications Inc. and Speedcast Limited, to offer, subject to market and other conditions, to refinance its existing Bank Loans with a new 7-year US$425 million Senior Secured Credit Facility in the US institutional Term Loan B market. In addition, it intends to arrange a new 5-year US$100m Senior Secured Revolving Credit Facility (together "the Facilities").

The existing Bank Loans include a 3-year US$425 million Senior Secured Bank Loan and a US$20 million Senior Secured Revolving Credit Facility.

The proposed Facilities will diversify Speedcast's funding sources, extend its debt maturity profile and improve the Company's operational flexibility for the future.

A meeting with prospective lenders will be held on 19 April in New York. The lenders' presentation will be published on the ASX website after market close on Thursday 19 April 2018, before the meeting with prospective lenders occurs.

Should the Company choose to proceed with the refinancing, the pricing of and drawdown of the proposed Facilities are targeted for early May 2018. 

Clive Cuthell
Chief Financial Officer
Speedcast International Ltd
E: clive.cuthell@speedcast.com
M: +61-432-129-664
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Queensland Bauxite Ltd (ASX:QBL) Coles Now Selling Hemp Products Provided by MCL

April 18, 2018, 5:20 pm
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The Board of Queensland Bauxite Limited (ASX:QBL) is pleased to advise that Red Tractor have now supplied hundreds of Coles stores around Australia with various products and oil blends that have hemp ingredients included exclusively supplied by QBL's subsidiary Medical cannabis Limited (MCL) and its hemp seed food subsidiary VitaHemp Pty Ltd (Vitahemp).

Exposing Hemp Foods to a mass consumer market who may know little about Hemp, and now see Hemp derived products on a Coles shelf, inspires confidence and provides a win for a bourgeoning Hemp Foods industry, that VitaHemp is now leading. This is a huge step towards assuring and educating the consumer on the safety and health benefits of hemp seed foods, and breaking down the misconceptions and social stigma around the consuming of hemp for its nutritional and health benefits.

Whether it be filling VitaHemp pouches or supplying the core ingredients for other brands, the core quality must remain the same, the very best. VitaHemp is excited, particularly so early in its journey, to report that products created utilising its premium oils and flours are now sitting on Coles shelves.

It all begins with the seed and the quality of the production. VitaHemp is one of the very few Australian companies that have access to hemp seed on a large commercial scale, and is able to commercially bulk produce its oils and flour at a high quality. MCL's processing partner Waltanna Farms had the orders, and with their blending and bottling expertise together we made it happen to ensure that there is now premium hemp ingredients and products on Coles shelves for the Australian consumer of this newly legally recognised superfood.

Andrew Kavasilas, Technical Director of MCL, remarked "The stocking of hemp products in a major supermarket chain such as Coles, is a fulfilment of our vision that we have worked for over the past two decades in pushing towards the legalisation of hemp foods in Australia, so that the average Australian consumer is now exposed to and can now easily benefit from the great health benefits that this superfood provides." 

Queensland Bauxite Ltd
Tel: +61-2-9291-9000

For further information or any queries please email the Company at:
sfeldman@queenslandbauxite.com.au
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Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Lists CloakCoin (CRYPTO:CLOAK)

April 18, 2018, 5:48 pm
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Cryptocurrency Exchange Binance.com (CRYPTO:BNB) advise that CLOAK/BTC (CRYPTO:CLOAK) and CLOAK/ETH trading pairs are now available on Binance for trading. You can start depositing and trading CLOAK now.

CloakCoin was designed to facilitate private, secure, decentralized & untraceable transfers with CloakCoin-ENIGMA. CloakCoin was one of the first digital currency concepts in the crypto market to address this inadequacy, and was introduced in 2014 with the aim of enabling people to use a coin that would provide total privacy, in a world that is more and more encroaching on the freedom of its population, stating real and perceived threats to national security as a reason to 'protect' its citizens. CloakCoin is based on the revolutionary 'Blockchain' concept but has added some very simple and clever layers of communication and a sophisticated off--blockchain coin mixing system making it impossible for 3rd parties to trace transactions between CloakCoin wallets. Today CloakCoin is one of the best systems available providing private, secure, decentralized and untraceable digital monetary transactions.

Max Supply: 5,121,923 CLOAK

Circulating Supply: 5,121,923 CLOAK

Issue Price: $ 0.1800

To view the Whitepaper, please visit:
http://abnnewswire.net/lnk/621K8056 

CloakCoin
E: info@cloakcoin.com
WWW: www.cloakcoin.com

Binance
E: market@binance.com
WWW: www.binance.com
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EnviroMission Limited (ASX:EVM) Signs Financial Services Agreement

April 18, 2018, 8:12 pm
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EnviroMission Limited (ASX:EVM) (OTCMKTS:EVOMY) has executed a financial advisory agreement with Atkins Acuity, a member of the SNC-Lavalin Group (TSE:SNC), to raise the development and project capital necessary to commercialise the first EnviroMission Solar Tower power station.

Atkins Acuity is an end-to-end advisory consultancy that combines extensive engineering and master planning capability with new structuring, financing and project preparation expertise. SNC-Lavalin acquired Atkins Acuity, as part of WS Atkins plc, on July 3, 2017.

EnviroMission's La Paz Solar Tower is planned to be the world's first large-scale solar thermal renewable energy power station capable of generating 200MW of electricity for up to 150,000 households - saving around 1,000,000 tonnes of greenhouse CO2 gases from entering the atmosphere annually - from a facility with a carbon payback life cycle analysis (LCA) of 2.5 years.

Atkins Acuity works closely with a broad range of public and private sector clients globally, including governments, project sponsors and financiers, to ensure large infrastructure projects are viable and bankable through a range of services that span the entire value chain from project inception through to project feasibility, economic appraisal, due diligence, finance raising and financial close.

The mandate given by EnviroMission is to raise the necessary development and project capital on a non-exclusive basis. Costs associated with this raising will be in line with commercial and industry standards.

The development capital necessary to complete the design parameters of the La Paz Solar Tower is expected to be US$20,000,000; the first stage is estimated by Atkins Acuity to be US$6,000,000 - the first stage of front end engineering and design (FEED) will inform the cost and planning schedule for the development of the La Paz Solar Tower

On the completion of raising the necessary development capital, this mandate will become exclusive with Atkins Acuity.

The design and engineering will be completed by the wider SNC-Lavalin group and a formal development agreement, already prepared, will be executed by the parties, on the receipt by EnviroMission, of the initial US$6,000,000 of the proposed US$20,000,000 development capital.

Atkins was one of three engineering and design firms invited to provide an engineering proposal after EnviroMission received engineering qualification statements from a number of engineering entities.

During the proposal period all three respondents performed their own detailed due diligence; the due diligence carried out by Atkins assisted Atkins Acuity in preparing the necessary funding documentation.

"Never before has EnviroMission engaged in an agreement with the same potential for project success based on the skills, expertise, experience and access to capital that resides in SNC-Lavalin's Acuity business.

"Commercialisation of Solar Tower technology has always been stated to be dependent on accessing skilled advisory and engineering services as well as access to capital on a scale not necessarily available through one encompassing entity, however, the end-to-end solution available through the SNC-Lavalin Group is a rare opportunity to bring a fully integrated approach to the vision of Solar Tower power station development.

"The scale of Solar Tower development is entirely realistic to SNC-Lavalin's capabilities for capital raising and provision of project equity and debt, and fits with its vision to secure long term commercial opportunities from niche mandates and megaprojects.

"EnviroMission is optimistic to recommend the merit of this agreement with the SNC-Lavalin Group to shareholders and the broader public that may share in the vision for Solar Tower development," Roger Davey, EnviroMission Chief Executive, said in announcing this vital financing agreement.

Founded in 1911, SNC-Lavalin is a global fully integrated professional services and project management company and a major player in the ownership of infrastructure. From offices around the world, SNC-Lavalin's employees are proud to build what matters. Our teams provide comprehensive end-to-end project solutions - including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance - to clients in oil and gas, mining and metallurgy, infrastructure and power. On July 3, 2017, SNC-Lavalin acquired Atkins, one of the world's most respected design, engineering and project management consultancies. http://www.snclavalin.com 

Kim Forte
EnviroMission Limited
Global Communications
M: +61-414-690-356
E: kforte@enviromission.com.au

Chris Box
Atkins Acuity
Director - Financing
T: +6564393471 (Singapore)
↧
↧

XPED Ltd (ASX:XPE) Company Update

April 18, 2018, 10:26 pm
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Australian Internet of Things (IoT) technology company, Xped Limited (ASX:XPE) ("Xped" or "the Company") is pleased to provide this market update regarding recent progress and developments.

Highlights

- Xped SH2 smart home gateway progress

- Smart building solution delivery

- IoT cyber security proof of concept delivered

- Smart home customer experience demos deployed

Xped SH2 Gateway

Xped's SH2 smart home gateway is in the final stages of beta testing with its partners, coupled with Xped's device browser mobile application.

Designed and developed in-house by Xped's hardware engineering team and loaded with the full ADRC stack, the SH2 gateway is in the late stages of production, with a small run of custom boards already produced, and a second run underway.

Tooling is underway for injection moulding of the SH2 Gateway's enclosure, and off-tool samples are expected within the next month.

A stand-out feature of the Xped gateway is its built-in battery backup functionality allowing it to operate for up to 90 minutes even when power has failed in the home. This allows users to continue to control key battery-powered devices such as alarms and/or locks, and for the gateway to detect security conditions and send notifications to the owner's phone.

The SH2 Gateway supports Xped's ADRC products and Z-Wave devices and is currently capable of supporting devices from several manufacturers, including Xped's own DiscoverBus devices. Products in a number of price ranges have been tested and certified as compatible devices including the following categories: 
 
--------------------------------------------------------------------- 
- Door and window sensors
- Motion sensors                    - Glass break sensors    
- Water leak sensors                - Smoke detectors              
- Temperature / humidity sensors    - Carbon monoxide sensors     
- Combustible gas sensors           - IR blasters   
- Multi-sensors (motion, temperature, humidity, lux, UV) 
- IP cameras - indoor               - IP cameras - outdoor 
- Panic buttons               
- Light switches (single and multi-gang) 
- Curtain, blind and garage door motor-controllers  
- Smart LED bulbs 
---------------------------------------------------------------------
A full deployment of Xped's smart home system in a residential home has been setup to gather valuable user experience feedback as the company prepares to place the system into full production deployments.

On the back of successful testing and completion of production testing, Xped plans to offer its SH2 Gateway in a smart home starter kit initially to its shareholders, and then to the general market via e-commerce channels.

Smart building solution delivery

Xped has delivered to Vital Xense (a Singapore-based company 35% owned by Xped) a modular multi-slot hub and node solution to address the smart building management market. The solution was jointly developed between Xped and Vital Xense and aims to provide solutions to businesses intending to adopt smart building management technologies in their new and existing buildings. As announced on 31 January 2018, Vital Xense and its partners were awarded a government grant of SG $2.3 million to fund development of their smart building and data centre management system to the pre-production stage. Witness testing of the solution was passed, and all grant conditions have been met, with Vital Xense now demonstrating the products to potential customers. Vital Xense has now been awarded a SG $500,000 from this grant to purchase and progressively install this system into a Singapore-based data centre over a 36 month project duration. The first deployment will consist of high accuracy temperature and humidity sensors, CO2 and barometric pressure sensors and industrial actuator controls for computer room air handlers (CRAH) with a focus on the monitoring and management of the data centre cooling operations.

Xped has also developed a fully functional battery monitoring solution for Vital Xense. This product has been designed to monitor large battery arrays typically found in data centres, telecommunications exchanges and other industrial situations. The system monitors battery voltage, temperature and charge/discharge currents of an array of batteries and will be able to provide up to 20 different power parameters typically used to monitor the health and performance of battery strings. Up to 50 batteries can be monitored by a single sensor hub, making it a highly efficient and economical solution for large-scale battery monitoring. A system can consist of multiple hubs, allowing it to cater for the thousands of batteries typically found in a data centre setting. Xped is in the process of manufacturing a pre-production run of the product to enable both Vital Xense and Xped to demonstrate the solution to prospective customers. Vital Xense and their partners have received a SG $100,000 grant to purchase and deploy the product into an industrial setting.

IOT cyber security system delivered

As announced on 19 December 2017, Xped entered into a binding term sheet agreement with Heuresy LLC ("Heuresy) on the 29th of October to expand the use of its ADRC technologies and its mobile application into the cyber security sector. Xped has now delivered the first proof of concept demonstration of the cyber security system to Heuresy, with the solution consisting of an Xped SH2 Gateway, a NitroKey secure encryption device, and a demonstration mobile application. The solution is being used to demonstrate highly secure "2 factor" authentication for IOT and business applications, such that any outbound data from devices or text-based communications passing through the Xped SH2 Gateway can be encrypted, and any inbound data can be decrypted and then viewed within the Xped mobile application. This solution is now available for demonstration to prospective customers in the United States by Heuresy.

Lenze iPark

Lenze has not delivered to date on the sales volumes it forecast to Xped. The company will update the market if the situation changes materially.

Smart home customer experience demos deployed

Xped engineers have deployed smart home demonstrations in showrooms for both a leading Asian telecommunications company and a south-east Asian property developer recently. Both demonstrations are deployed within purpose-built mock apartments, with one having been demonstrated to both the telecommunication company's CEO and the Prime Minister of the country in which the company is based. This first demonstration centre is targeted at customers and partners of the telecommunications company, with the other being targeted at partners and potential customers of the property developer's numerous projects.

Update on production delivery

Xped's Platform is progressing rapidly towards production for both smart home and smart building verticals. The Company recognises there have been considerable delays in progressing this technology which can be attributed to a number of factors. There have been two critical pivots in our business plan that have affected engineering development. Our original plan for smart home was to license and sell ADRC firmware to silicon vendors. In this model, Xped provided the cloud, app and gateway parts of the system and the silicon vendor sold chips containing ADRC firmware to device manufacturers. To this end, the Company announced MOUs with ST Microelectronics, Telink Semiconductor and Intel as partners. This approach proved to be unsuccessful.

A decision was made to integrate ADRC technologies into the Intel SHDAP IoT platform which was considered to be a leading IoT platform providing access to popular third party devices based on ZigBee and Z-Wave technologies. Unfortunately, nine months into this major development, Intel decided to abandon SHDAP which left Xped with a critical decision to make; license SHDAP and continue using it or abandon it.

The Company made the decision to integrate Z-Wave technology directly into our Platform. ZWave is arguably the leading smart home technology with over 600 manufacturers and 1,900 devices readily available. So after a nine month setback, our dedicated engineering team has been able deliver both the hardware and software needed with amazing speed. The SH2 Gateway is able to work with Z-Wave devices and most importantly, with native ADRC devices. This gives Xped the ability to win customers who want a smart home based on the popular Z-Wave system and then subsequently offer them ADRC devices as superior and easier to use alternatives.

On a final note, we would like to thank all shareholders who have invested in the company and particularly those who have stayed with us through what have been unfortunately longer than anticipated research and development time frames. There have been many challenges along the way, however we are now able to say that we are in the final stages of the development cycle and expect to receive orders for production product in the near future.

To view figures, please visit:
http://abnnewswire.net/lnk/7HL43ONF 

For more information:
Contact Xped Limited
T: +61-3-9642-0655
F: +61-3-9642-5177
E: info@xped.com
www.xped.com 

CORPORATE ENQUIRIES:
E: ir@xped.com 

MEDIA ENQUIRIES:
Sean Whittington
Field Public Relations
T: +61-8-8234-9555
M: +61-412-591-520
↧

Speedcast International Ltd (ASX:SDA) Corporate Debt Ratings Received from Moody's and S&P

April 19, 2018, 3:28 pm
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Speedcast International Limited (ASX:SDA), the world's most trusted provider of remote communication and IT services, announced that in connection with the proposed offering of a new US$425 million Senior Secured 7-year US Term Loan B, ratings agencies Moody's Investors Services ("Moody's"), and S&P Global ("S&P") have assigned corporate and facility level credit ratings as follows.

- Moody's has assigned the Company a corporate credit rating of 'Ba3' with a stable outlook and the proposed facility an instrument rating of 'Ba3'.

- S&P has assigned the Company a corporate credit rating of 'BB-' with a stable outlook and the proposed facility a preliminary instrument rating of 'BB-'.

To view the Lender Presentation for Debt Refinancing Strategy, please visit:
http://abnnewswire.net/lnk/68K78QC0 

Clive Cuthell
Chief Financial Officer
Speedcast International Ltd
E: clive.cuthell@speedcast.com
M: +61-432-129-664
↧
Search

Mithril Resources Limited (ASX:MTH) Quarterly Activity Report March 2018

April 19, 2018, 3:43 pm
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Mithril Resources (ASX:MTH) ("Mithril") and its exploration partners are exploring for a range of high-value commodities throughout the Meekatharra, West Kimberley and Kalgoorlie Districts of Western Australia, and the Coompana Province of South Australia (Figure 1).

Key Points

Kurnalpi (Nickel-Cobalt)

- Initial drilling program successfully intersected nickel sulphide and nickel-cobalt mineralisation at the 100%-owned Kurnalpi Nickel-Cobalt Prospect including;

o 12m @ 0.54% nickel, 0.10% cobalt from 34 metres in 18GDSRC004 including 4m @ 0.70% nickel, 0.16% cobalt from 36 metres,

o 12m @ 0.69% nickel, 0.07% cobalt from 26 metres in 18GDSRC003 including 4m @ 0.86% nickel, 0.10% cobalt from 26 metres.

- Downhole EM geophysical surveying has identified a new off hole conductor that warrants further investigation.

- EM geophysics and follow-up drilling planned for the June 2018 Quarter

Lignum Dam / North Scotia (Nickel)

- Mithril now has over 500km2 of 100%-owned nickel prospective ground along strike from previously mined high-grade nickel sulphide mineralisation at the Silver Swan and Scotia deposits

- To be explored in conjunction with ongoing exploration at the Kurnalpi Nickel Cobalt Prospect

Billy Hills (Zinc)

- Project area expanded to over 315km2 with a new tenement application east of the former Pillara Zinc Mine

- Target generation continuing ahead of tenement grant anticipated for September 2018 Quarter

Corporate and Cash

- Cash reserves of $0.48M at 31 March 2018.

Exploration Overview

During the March 2018 Quarter (the "Quarter") Mithril successfully intersected nickel sulphide and nickel-cobalt mineralisation at Kurnalpi, significantly expanded its Kalgoorlie District nickel search area, and continued with target generation activities at Billy Hills.

To view the full report, please visit:
http://abnnewswire.net/lnk/L6Q85JGM 

Mithril Resources Ltd
David Hutton
Managing Director
E: admin@mithrilresources.com.au
T: +61-8-8132-8800
F: +61-8-8132-8899
www.mithrilresources.com.au
↧

Core Exploration Ltd (ASX:CXO) Share Purchase Plan and Application Form

April 19, 2018, 4:26 pm
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Core Exploration Limited (ASX:CXO) is pleased to offer eligible shareholders with the opportunity to subscribe for up to $15,000 of new fully paid ordinary shares in the Company (New Shares), free of brokerage and commission, under a Share Purchase Plan (SPP or Plan).

Chairman's Letter

Dear Shareholder

Core Exploration Limited Share Purchase Plan

The right to participate in the Offer under the Plan is optional and is available exclusively to shareholders who are registered as holders of fully paid ordinary shares in the capital of the Company (Shares) at 7:00 pm (AEST) on 13 April 2018 and whose registered address is in Australia or New Zealand (Eligible Shareholders).

The SPP is targeting to raise $2.0 million. If total demand for the SPP exceeds $2.0 million, then the Company reserves the right to close the SPP early and scale back applications or elect to increase the amount raised under the Plan.

The SPP issue price is 5.3 cents per New Share representing an 18.6% discount to the volume weighted average price of Shares over the last 5 days on which sales of the Shares were recorded by ASX Limited prior to the date of the announcement of the SPP on 16 April 2018.

It is intended that the funds raised from the SPP will be used as follows:

(a) Feasibility studies for the development of the Grants Lithium Project and other potential spodumene resources;

(b) Exploration and resource drilling at the high grade BP33 Prospect and other high grade spodumene pegmatites within the Finniss Lithium Project

(c) Exploration and resource drilling on other high priority pegmatite targets and lithium projects; and

(d) provide the Company with working capital to enable it to support its current operations.

Details of the Plan are set out in the Terms and Conditions and the personalised application form enclosed with this letter. The Board urges you to read these Terms and Conditions carefully and in their entirety before deciding whether or not to participate in the Plan. If you are uncertain whether New Shares are a suitable investment for you, then you should consult your financial or other professional adviser.

On behalf of the Board, I invite you to consider this opportunity to increase your investment in the Company.

To view the full release, please visit:
http://abnnewswire.net/lnk/5O717SXX 

Core Exploration Ltd
Stephen Biggins, Managing Director
T: +61-8-7324-2987
E: info@coreexploration.com.au
WWW: www.coreexploration.com.au
↧
↧

Speedcast International Ltd (ASX:SDA) 2017 Annual Report to Shareholders

April 19, 2018, 4:29 pm
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Speedcast International Ltd (ASX:SDA) provides the Company's 2017 Annual Report to shareholders.

CHAIRMAN'S LETTER

2017 was a transformative year for Speedcast as we became the largest remote communications services provider in the world, following the Harris CapRock transaction that closed on 1 January 2017. We drove the integration of Speedcast and Harris CapRock to build a platform with unmatched scale and capabilities - positioning our Group well for future growth in 2018 and beyond. As Company Chairman, it is my pleasure to present the Speedcast International Limited ('Speedcast') annual report.

Today Speedcast serves customers in more than 100 countries around the world. To keep ahead of the market and meet the needs of our customers we are changing our role from just being a satellite services provider to becoming a communications partner. We are a leading force on the global communications landscape making use of 70+ satellites and 40 teleports, fibre, and cellular networks, and the ability to customize end-to-end managed solutions - leading to strategic, long-term partnerships with our customers.

Despite a difficult operating environment in 2017, Speedcast significantly grew both revenue and EBITDA organically and acquisitively thanks to a sound growth plan, a talented team and focused execution. We made innovative moves to enhance our product portfolio and expanded our footprint and infrastructure to enable Speedcast to provide best-in-class services and support to our customers throughout 2018.

I would like to acknowledge the service of our Directors, staff and management team led by Mr. Pierre-Jean Beylier, our CEO, and thank them for their dedication to Speedcast. Thank you for your vision, leadership and your dedication to our team and company. Most of all I want to thank our customers for their trust and confidence in Speedcast to deliver the critical communications that are essential to their business operations.

As we head into 2018 we will continue to value feedback from our customers and employees to help build on the success of last year and generate profitable growth for our investors.

To view the full report, please visit:
http://abnnewswire.net/lnk/5LTIGFL7 

Speedcast International Ltd
T: +61-2-9531-7555
E: info@speedcast.com
WWW: www.speedcast.com
↧

MMJ PhytoTech Ltd (ASX:MMJ) Strategic Alliance with CBi2 Capital (CVE:TCI)

April 19, 2018, 5:51 pm
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MMJ PhytoTech Limited (ASX:MMJ) ("MMJ") is pleased to announce that it has entered into a strategic alliance (the "Alliance") with Calgary-based Target Capital Inc., trading as CBi2 Capital (CVE:TCI) (CNSX:TCI) ("CBi2").

CBi2 provides capital and expertise to high growth, early-stage companies in the global cannabis industry. Please visit cbi2.com for further information.

The Alliance will involve MMJ and CBi2 sharing information (on a voluntary, reasonable endeavours basis) in relation to an investment opportunity where one is unable to capitalise on it in their own right and believes that it may be of interest to the other as a co-investment.

Commenting on the Alliance, MMJ's CEO Jason Conroy said "We are excited by the opportunity to work alongside CBi2 and look forward to discussing potential co-investments with them. CBi2's investment criteria and focus is directly aligned with MMJ's strategic intent to own and build a diversified global cannabis investment portfolio."

CBi2's Chairman, CEO and President Sonny Mottahed said "We are equally excited by the prospect of co-investing with MMJ. The Alliance provides each of us with a broader network from which to access mutually beneficial investment opportunities in both the Northern and Southern hemispheres." 

Investor and Media Enquiries:
Jason Conroy
Chief Executive Officer
E: jconroy@mmjphytotech.com.au
↧

Investorium.tv Video Webcast: Stef Savanah Explains Blockchain at PlayUp ICO Launch

April 19, 2018, 8:30 pm
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Stef Savanah Explains Blockchain at the PlayUp Global Fantasy Sports ICO Launch in Sydney on April 16th, 2018.

Stef is a Blockchain expert and has acquired deep technical expertise in blockchain technology through R&D primarily in Bitcoin over the past four years. He is the co-inventor on 57 UK patent applications submitted by nChain Ltd. He earned his PhD at the ARC Centre of Excellence in Cognition at Macquarie University, where he researched the nexus between consciousness and human, animal, and artificial intelligence.

Visit: http://www.blockchain196.com

To view the Video Webcast, please visit:
http://www.abnnewswire.net/press/en/92834/stef 

Michael Henderson
DEC PR 
Phone +61 413 054 738 
m.henderson@decpr.com.au
↧
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