Sayona Mining Ltd (ASX:SYA) Investor Presentation - Developing an Advanced Stage Lithium Project in Canada

May 21, 2018, 7:44 pm

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Sayona Mining Ltd (ASX:SYA) (OTCMKTS:DMNXF) provides the Company's latest Investor Presentation titled "Developing an Advanced Stage Lithium Project in Canada".

Sayona - At a Glance

- ASX-listed, lithium exploration and development company

- Primary objective is to develop the Authier Lithium project concentrate sales, targeting first production in early 2020

- Authier second-phase, the downstream project, significantly enhances the project value

- Significant portfolio of lithium exploration properties in Australia and Canada

Sayona Investment Proposition

- Authier is an advanced, de-risked project. DFS underway

- Executing a plan to get into production and generate cash flow -low capital hurdle & competitive operating costs

- Located in a first world countrywith access to world-class, low-cost infrastructure

- Base case pre-tax NPV of A$227 millionand low enterprise value per tonneof resources compared to industry peers

- Opportunity to value-add Authier concentrates and create significant shareholder value -$794m pre-tax NPV

- Board and management team have track record of delivering projects

To view the full presentation, please visit:
http://abnnewswire.net/lnk/902V03T0

Paul Crawford
Company Secretary
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au

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Mustang Resources Ltd (ASX:MUS) Agrees Amended Terms with Arena Investors

May 21, 2018, 11:19 pm

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Mustang Resources (ASX:MUS) (OTCMKTS:MTTGF) is pleased to announce that it has agreed to amend the terms of the A$19.95 million investment facility from Arena Investors LP (refer to ASX Announcement dated 8 January 2018 "Mustang Secures $19.95 million funding package from leading institutional investor").

This will see the Company split Tranche 2 into two parts, thereby reducing the amount of the end-May 2018 (Tranche 2) drawdown of convertible notes from A$3.8 million (face value of A$4 million) to A$1.995 million (face value of A$2.1 million) and deferring the balance of the original Tranche 2 dawdown until later in June or July 2018. Details of the amendments are listed in Appendix A (see link below). The overall financial commitment by Arena Investors LP to the Company has not changed.

Mustang Managing Director Dr. Bernard Olivier said: "The continued strong support from Arena, a major global institutional investor managing in excess of US$750 million, is testimony to the quality of Mustang's Montepuez Ruby and Caula Vanadium-Graphite projects. The reduction in the original Tranche 2 quantum to be drawn end of May 2018 will result in less potential equity dilution for existing shareholders, but does not adversely affect the funding of the Company's planned project activities in June and July 2018."

About Arena Investors

Arena is a global investment firm and merchant capital provider that seeks to generate attractive risk-adjusted and uncorrelated returns by investing in a highly diversified portfolio across the entire credit spectrum. Based in New York City, Arena employs a team of 42 professionals and was formed in partnership with The Westaim Corporation, a publicly traded Canadian holding company focused on the financial services industry. See www.arenaco.com.

To view Appendix A, please visit:
http://abnnewswire.net/lnk/727Z13Z9

Managing Director: 
Bernard Olivier 
E: bernard@mustangresources.com.au
M: +61-4-08948-182
T: +27-66-4702-979

Media & Investor Relations: 
Paul Armstrong
E: paul@readcorporate.com.au
T: +61-8-9388-1474

MMJ PhytoTech Ltd (ASX:MMJ) Portfolio Divestments

May 22, 2018, 3:46 pm

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MMJ PhytoTech Limited (ASX:MMJ) ("MMJ") announces that it has sold all of its:

- common shares and warrants in Cannabis Wheaton Income Corp (CVE:CBW) for CAD$5.6 million (net of brokerage), realising a 2.2x multiple on invested capital ("MOIC") from MMJ's original investment in Dosecann Inc; and

- ordinary shares in e-Sense Lab Limited (ASX:ESE) ("ESE") for AUD$0.2m (net of brokerage), realising a 0.8x MOIC for a small cash loss after accounting for the payment recently made by ESE to MMJ as consideration for unapproved share options.

Jason Conroy, CEO of MMJ, said "These divestments are in line with our strategy to recycle capital to provide cash for further investments by MMJ in the global cannabis sector. As a result, MMJ's current unaudited corporate cash position will increase to approximately AUD$8.1 million."

Investor and Media Enquiries:
Jason Conroy
Chief Executive Officer
T: +61-2-8098-0819
E: jconroy@mmjphytotech.com.au

Central Petroleum Limited (ASX:CTP) Mereenie WM26 Spuds

May 22, 2018, 3:57 pm

≫ Next: White Rock Minerals Ltd (ASX:WRM) Commences Drilling at High-Grade Zinc VMS Project

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Central Petroleum Limited (ASX:CTP) ("Company" or "Central"), as Operator of the Mereenie Joint Venture (Central 50%/Macquarie Mereenie Pty Ltd 50%), announces that the West Mereenie 26 ("WM26") well spudded last night at 8:15pm AEST.

The well is being drilled by Ensign Australia Pty Ltd using its Ensign 932 Drilling Rig.

The well aims to access the known gas that exists in the Stairway formation which overlies the present producing zones in the Mereenie Oil & Gas Field. It is designed to take advantage of the naturally fractured sandstone.

The WM26 drilling program anticipates a 36 day drilling timeline to reach a total depth of 2,915 metres MD (measure depth) with a vertical depth of 1,242 metres TVD (total vertical depth) and a horizontal reservoir section of up to 1,481 metres.

Central Petroleum Limited
T: +61-7-3181-3800
F: +61-7-3181-3855
E: info@centralpetroleum.com.au
WWW: www.centralpetroleum.com.au

Media Enquiries
Martin Debelle at Citadel-MAGNUS
T: +61-2-8234-0100
M: +61-409-911-189

White Rock Minerals Ltd (ASX:WRM) Commences Drilling at High-Grade Zinc VMS Project

May 22, 2018, 4:06 pm

≫ Next: Core Exploration Ltd (ASX:CXO) Maiden Estimate at BP33 Increases Lithium Resources at Finniss Project by 70%

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White Rock Minerals Ltd (ASX:WRM) ("White Rock" or the "Company") is pleased to announce that its 2018 exploration program is now underway and drilling has commenced at its globally significant(see Note 1 below) 100% owned high-grade zinc VMS project at Red Mountain in Alaska.

The field program includes:-

- A targeted diamond drilling program aimed at in-fill and expansion of the high grade maiden Resource,

- Surface geophysics, mapping and geochemical sampling of new targets, and

- A follow-up diamond drilling program on the best of the more than 30 already identified exploration targets.

The first crews have mobilised with the camp now established (see Figure 1 in link below) and the field and drilling crews now occupying this camp. Drilling has commenced with the first diamond drill hole underway at the West Tundra Flats deposit (see Figure 2 in link below). In addition, a geological crew has commenced reconnaissance mapping and geochemical sampling of the new target areas ahead of the planned arrival of the surface geophysics crew in early June.

Drilling Campaign

The initial drilling campaign aims to infill and extend the Maiden Resource which already has two identified deposits (Dry Creek and West Tundra Flats) and a Resource base of 16.7Mt at 8.9% ZnEq(see Note 2 below) including a high-grade component of 9.1Mt @ 12.9% ZnEq(see Note 2 below) (refer ASX announcement 26 April 2017 regarding the maiden Mineral Resource).

This drilling is aimed to follow-up on drilling last done in the 1990s, which included the following done at West Tundra Flats (the first deposit being drilled in the current program):-

- 1.3m @ 21.0% Zn, 796g/t Ag, 9.2% Pb, 10.2g/t Au from 58.6m (WTF83-17),

- 3.0m @ 7.3% Zn, 796g/t Ag, 4.3% Pb, 1.1g/t Au from160.9m (WTF82-08),

- 1.7m @ 11.4% Zn, 374g/t Ag, 6.0% Pb, 1.7g/t Au from 104.3m (WTF82-05).

(refer ASX Announcement dated 15 February 2016 "White Rock Minerals proposes to acquire VMS project in Alaska".)

About Red Mountain (as more fully set out in the ASX Announcement dated 15 February 2016)

- The Red Mountain Project is located in central Alaska, 100km south of Fairbanks, in the Bonnifield Mining District. The tenement package comprises 224 mining claims over a total area of 143km2.

- The Red Mountain Project contains polymetallic VMS mineralisation rich in zinc, silver and lead, with potential for significant gold and copper.

- Mineralisation occurs from surface and is open along strike and down-dip.

- White Rock used historical drilling to determine a maiden JORC 2012 Mineral Resource estimate for the Dry Creek and West Tundra Flats deposit (ASX Announcement 26th April 2017). The Inferred Mineral Resource contains an impressive base metal and precious metal content with 678,000t zinc, 286,000t lead, 53.5 million ounces silver and 352,000 ounces gold.

- Good preliminary metallurgical recoveries of >90% zinc, >75% lead, >80% gold, >70% silver and >70% copper.

- Previous drilling highlights (ASX Announcement 15th February 2016) include:

Dry Creek

o 4.6m @ 23.5% Zn, 531g/t Ag, 8.5% Pb, 1.5g/t Au & 1.0% Cu from 6.1m

o 5.5m @ 25.9% Zn, 346g/t Ag, 11.7% Pb, 2.5g/t Au & 0.9% Cu from 69.5m

o 7.1m @ 15.1% Zn, 334g/t Ag, 6.8% Pb, 0.9g/t Au & 0.3% Cu from39.1m

West Tundra Flats

o 1.3m @ 21.0% Zn, 796g/t Ag,9.2% Pb, 10.2g/t Au & 0.6% Cu from 58.6m

o 3.0m @ 7.3% Zn, 796g/t Ag, 4.3% Pb, 1.1g/t Au & 0.2% Cu from160.9m

o 1.7m @ 11.4% Zn, 372g/t Ag, 6.0% Pb, 1.7g/t Au & 0.2% Cu from 104.3m

- VMS deposits typically occur in clusters ("VMS camps"). Deposit sizes within camps typically follow a log normal distribution, and deposits within camps typically occur at regular spacing. The known deposits at Dry Creek and West Tundra Flats provide valuable information with which to vector and target additional new deposits within the Red Mountain camp.

- Interpretation of the geologic setting indicates conditions that enhance the prospectivity for gold-rich mineralisation within the VMS system at Red Mountain. Gold mineralisation is usually found at the top of VMS base metal deposits or adjacent in the overlying sediments. Gold bearing host rocks are commonly not enriched in base metals and consequently often missed during early exploration sampling. This provides an exciting opportunity for potential further discoveries at Red Mountain.

- White Rock sees significant discovery potential, given the lack of modern day exploration at Red Mountain. This is further enhanced by the very nature of VMS clustering in camps, and the potentially large areas over which these can occur.

Notes:

1 Refer ASX Announcement dated 26 September 2017 "White Rock Minerals Independent Research Report"

2 ZnEq = Zinc equivalent grades are estimated using long-term broker consensus estimates compiled by RFC Ambrian as at 20 March 2017 adjusted for recoveries from historical metallurgical test work and calculated with the formula: ZnEq =100 x [(Zn% x 2,206.7 x 0.9) + (Pb% x 1,922 x 0.75) + (Cu% x 6,274 x 0.70) + (Ag g/t x (19.68/31.1035) x 0.70) + (Au g/t x (1,227/31.1035) x 0.80)] / (2,206.7 x 0.9).

White Rock is of the opinion that all elements included in the metal equivalent calculation have reasonable potential to be recovered and sold.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/7086KG12

Matthew Gill (Managing Director & CEO)
Phone: +61-3-5331-4644
E-mail: info@whiterockminerals.com.au

Shane Turner (Company Secretary)
Phone: +61-3-5331-4644
Website: www.whiterockminerals.com.au

Core Exploration Ltd (ASX:CXO) Maiden Estimate at BP33 Increases Lithium Resources at Finniss Project by 70%

May 22, 2018, 4:30 pm

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Emerging Australian lithium developer, Core Exploration Ltd (ASX:CXO) ("Core" or the "Company"), is pleased to announce a maiden Mineral Resource estimate for the BP33 Lithium Deposit, which has further increased the overall Mineral Resources of the Finniss Lithium Project in the Northern Territory to 3.45 million tonnes @ 1.4% Li2O.

HIGHLIGHTS

- Maiden Lithium Resource estimate for BP33 grading at 1.4% Li2O

- Lithium Resources at Finniss expanded by 70% to 3.45Mt @ 1.4% Li2O, with addition of BP33

- BP33 Resource open directly south of 75m @ 1.68% Li2O drill intersection

- Resource extension and exploration drilling to recommence at BP33 next month aimed at increasing the size of the maiden resource

- Significant potential to grow Finniss Project Resources as BP33 and Grants are only two of many lithium rich pegmatites identified within Core's large 400km2 of tenure at Finniss

- PFS for development of Grants deposit expected next month

The Maiden Mineral Resource estimate defined by drilling to date within the BP33 Prospect, comprises an Inferred Resource of 1.4Mt at 1.40% Li2O and this grows the total Mineral Resources at Finniss to 3.45Mt @ 1.4% Li2O (see Tables 1 and 2 in link below).

The potential to expand the maiden BP33 Mineral Resource is considered high as the resource is currently extended only 20m south of the most recent drill intersection of 75m @ 1.68% Li2O (refer ASX announcement 11 April 2018) at the southern end of BP33. Resource extension and exploration drilling is recommencing next month at BP33 to test directly south of this outstanding high-grade lithium drill intersection (see Figures 1 and 2 in link below).

The BP33 Mineral Resource is open to the south and south-west in a 300m long target area between pegmatites identified at surface at BP32 Prospect and BP32W Prospect. Core's next drilling at BP33 is planned to immediately define south and south west extensions to the BP33 Resource and undertake exploration drilling in the target area between the BP33 Resource and BP32 and BP32W prospects.

The Company will also be recommencing aggressive exploration and resource expansion drilling campaigns in coming weeks over the larger Finniss Lithium Project area (see Figure 5 in link below), with the aim of substantially growing the Mineral Resource base for the Finniss Lithium Project to underpin a potential long-life lithium mining and production business.

Core's Managing Director, Stephen Biggins commented:

"We see the addition of resources at BP33 as highly valuable addition to the Finniss Project, and a first step in demonstrating strong potential for incremental growth to potential mine life that can be delivered by the highly prospective ground position over the Bynoe Pegmatite Field near Darwin in the Northern Territory.

We strongly believe that the BP33 deposit remains open to the south based on previous drilling delivering wide and high grade intersections of lithium mineralisation, and we look forward to expanding the resources at BP33 and the Finniss Project through our ongoing exploration and resource drilling."

Core is in the final stages of completing a Pre-Feasibility Study ("PFS") for the development of a spodumene concentrate and/or direct shipping ore operation from the Grants Lithium Deposit and expects to deliver the PFS next month.

Subject to positive results from the PFS, the Company then expects to complete a full Feasibility Study for the development of mining and processing lithium from the Finniss Lithium Project and is aiming to complete regulatory approvals, financing and internal approvals, and commence production at Grants at the end of 2019.

The Finniss Lithium Project has substantial infrastructure advantages supporting the Project's development - being close to grid power, gas and rail and within easy trucking distance by sealed road to Darwin Port - Australia's nearest port to Asia.

BP33 Lithium Resource

The results of the Mineral Resource Estimate for the Finniss Lithium Project including BP33 and Grants are provided in Table 1 and 2 (see link below). The Mineral Resources are reported at a high cut-off of 0.75% Li2O.

Dr Graeme McDonald (BSc PhD MAusIMM) was contracted by Core to undertake the Mineral Resource estimate for the BP33 Lithium Deposit. As part of the preparation of the Mineral Resource estimate, Dr McDonald developed a geological interpretation based on cross sections, generated a 3D geological interpretation from interpreted cross sections, created domain interpretations for lithium, developed a block model of the deposit, undertook a geostatistical analysis of the data and estimated lithium grades.

Dr McDonald's report notes that fresh pegmatite at BP33 is composed of coarse spodumene, quartz, albite, microcline and muscovite (in decreasing order of abundance). Spodumene, a lithium bearing pyroxene (LiAl(SiO3)2), is the predominant lithium bearing phase and displays a diagnostic red-pink UV fluorescence. The pegmatite is not strongly zoned, apart from a thin (1-2m) quartz-mica-albite wall facies and some barren internal quartz veins.

BP33 has a flat Grade-Tonnage curve at the 1.4% Li2O "sweetspot" for spodumene production (see Figure 3 in link below). A high 0.75% Li2O cut-off grade results in no significant reduction in the contained tonnes, demonstrating the consistent high-grade nature of the Resource.

Summary of Resource Estimate and Reporting Criteria

Geology and geological interpretation

The BP33 Lithium Deposit is hosted within a rare element pegmatite that is a member of the Bynoe Pegmatite Field. The Bynoe Pegmatite Field is situated 15km south of Darwin and extends for up to 70km in length and 15 km in width. Over 100 pegmatites are known within clustered groups or as single bodies. Individual pegmatites vary in size from a few metres wide and tens of metres long up to larger bodies tens of metres wide and hundreds of metres long.

The pegmatites are predominantly hosted within the early Proterozoic metasedimentary lithologies of the Burrell Creek Formation and are usually conformable to the regional schistosity. The Bynoe pegmatites are classified as LCT (Lithium-Caesium-Tantalum) type and are believed to have been derived from the ~ 1845 Ma S-Type Two Sisters Granite which outcrops to the west.

Fresh pegmatite at BP33 is composed of coarse spodumene, quartz, albite, microcline and muscovite (in decreasing order of abundance). Spodumene, a lithium-bearing pyroxene (LiAl(SiO3)2), is the predominant lithium-bearing phase and displays a diagnostic red-pink UV fluorescence. The pegmatite is not strongly zoned, apart from a thin (1-2m) quartz-mica-albite wall facies and some barren internal quartz veins (see Figure 4 in link below).

Drilling techniques and hole spacing

The BP33 drill hole database used for the MRE contains a total of 33 holes for 3,669.2m of drilling. Comprising 27 RC holes and 6 DD holes.

The majority of holes have been drilled at angles of between 55deg - 60deg and approximately perpendicular to the strike of the pegmatite.

The 11 RC holes drilled by Greenbushes were only used to assist with the interpretation of the geology and depth of the weathering profile, due to the fact that they are all relatively shallow and were not assayed for lithium. Geological and assay data for all other drill holes was used in the geological interpretation and MRE.

Sampling and sub-sampling

Samples were collected from RC drilling and when submitted for assay typically weighed 2-5kg over an average 1m interval. RC sampling of pegmatite for assays is done on a 1 metre basis. 1m sampling continued into the barren wall-zone of the pegmatite and then a 3m composite was collected from the immediately surrounding barren phyllite host rock. RC samples were homogenised and subsampled by cone splitting at the drill rig.

Drill core was collected directly into trays, marked up by metre marks and secured as the drilling progressed. Core was cut firstly into half longitudinally along a consistent line, ensuring no bias in the cutting plane. Again, without bias, half core was then cut into two further segments. A quarter was then collected on a metre basis where possible but not less than 0.3m in length, determined by geological and lithological contacts.

Sample analysis method

Sample Preparation - The samples have been sorted and dried. Primary preparation has been by crushing the whole sample. The samples have been split with a riffle splitter to obtain a sub-fraction which has then been pulverised to 95% passing 100 micrometre.

A 0.3 g sub-sample of the pulp is digested in a standard 4 acid mixture and analysed via ICP-MS and ICP-OES methods for the following elements: Li, Cs, Rb, Sr, Nb, Sn, Ta, U, As, K, P and Fe.

In the 2016-2017 drilling, all samples were also analysed via the fusion method - a 0.3 g sub-sample is fused with a Sodium Peroxide Fusion flux and then digested in 10% hydrochloric acid. ICP-OES is used for the following elements: Li, P and Fe. Exhaustive checks of this data suggested an excellent correlation exists, so in 2018 a 3000 ppm Li trigger was set to process that sample via a fusion method.

Selected drill core samples were also run for the following additional elements to provide a broader suite: Al, Ca, Mg, Mn, Si, LOI, SG (immersion), SG (pychnometer) and various trace elements.

Standards, blanks and duplicates have all been applied in the QAQC methodology. Sufficient accuracy and precision have been established for the type of mineralisation encountered and is appropriate for QAQC in the Resource Estimation.

Cut-off grades

The current Mineral Resource Inventory for the BP33 Deposit has been reported at a cut-off grade of 0.75% Li2O which, based on current modelling for the nearby Grants Deposit, approximates the current break even operating cost estimate for an open pit development. No top cuts were applied.

Estimation methodology

Geology and mineralisation wireframes were generated in Micromine software using drill hole data supplied by Core. Resource data was flagged with unique lithology and mineralisation domain codes as defined by the wireframes and composited to 1m lengths.

Grade continuity analysis was undertaken in Micromine software for Li2O for the mineralised domain and models were generated in all three directions. Parameters were used in the block model estimation. A block model with a parent block size of 5x10x10m with sub-blocks of 1.25 x 2.5 x 2.5m has been used to adequately represent the mineralised volume, with sub block estimated at the parent block scale.

Density data was supplied by Core and is consistent with expected values for the lithologies present and the degree of weathering. Within the block model, density has been assigned based on lithology.

Classification criteria

Resource classification has been applied to the Mineral Resource Estimate based on the drilling data spacing, grade and geological continuity, and data integrity. All of the Mineral Resource satisfies the requirements to be classified as an Inferred Mineral Resource. The classification reflects the view of the Competent Person.

Mining and Metallurgy

It has been assumed that the traditional open cut mining method of drill, blast, load and haul will be used. No other mining assumptions have been made.

No metallurgical recoveries have been applied to the Mineral Resource Estimate.

Eventual Economic Extraction

It is the view of the Competent Person that at the time of estimation there are no known issues that could materially impact on the eventual extraction of the Mineral Resource.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/60CB5628

For further information please contact: 

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

For Media and Broker queries: 

Andrew Rowell
Director - Investor Relations
Cannings Purple
M: +61-400-466-226
E: arowell@canningspurple.com.au

Nanollose Ltd (ASX:NC6) Successful Pilot-Scale Production of Fibre Leads to Groundbreaking Eco-Friendly Fabric

May 22, 2018, 4:37 pm

≫ Next: EON NRG Ltd (ASX:E2E) Silvertip Field Development Program

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Nanollose Limited (ASX:NC6) is pleased to announce it has successfully manufactured its world first plant-free viscose-rayon fibre (NullarborTM) on a pilot scale. As a result of this increased scale, the Company has been able to create fabric for the first time, marking a significant breakthrough for Nanollose and the textile industry.

Highlights:

- Nanollose successfully increases fibre production to pilot-scale

- Production increase allows Nanollose to create a groundbreaking eco-friendly fabric

- NullarborTM chosen as brand name for Nanollose's fibre

- Nullarbor to launch on world stage at Planet Textile Summit in Vancouver

Successful pilot-scale fibre production

In conjunction with an international R&D provider, Nanollose has successfully manufactured a pilot-scale supply of Nullarbor fibre from its microbial cellulose provided by the Company's Indonesian supply chain partner.

This significant increase in production scale will allow Nanollose to provide samples of Nullarbor fibre to potential customers as a sustainable alternative to conventional viscose-rayon fibres.

The viscose-rayon fibre market is predicted to reach US$16 billion by 2019 with the vast majority used to make textiles and clothing. However, viscose-rayon is currently sourced from wood and there are significant environmental concerns surrounding the kraft (wood pulping) process required to make it from plant-based sources.

In contrast, Nullarbor fibres are entirely plant-free, can be produced from a variety of waste products, do not require a kraft process, and can be produced with less waste and fewer natural resources than most fibres available today.

World-first fabric made from Nanollose's Plant-Free rayon fibre

The latest developments in fibre production are a significant milestone, with production increases allowing Nanollose to convert its fibre into a fabric, in what the Company believes to be another world first sustainable material.

Creating a fabric validates that Nanollose's microbial cellulose to fibre technology is scalable and demonstrates the ability to produce fibres suitable for the production of fabrics used in textiles and the apparel industry.

Nanollose's Nullarbor fibre and fabric were produced using standard industrial equipment currently used by fibre and textile manufactures. This means that no major retro-fitting of machinery or processing is required for future partners using Nullarbor fibre and fabric, a huge advantage for the commercial uptake of Nanollose's technology.

Nanollose's Managing Director, Alfie Germano said "This advance is another step in proofing and proving that our technology works along with hitting our Company goal of successfully producing 'actual physical product' in an industrial setting. We are excited to tick a few validation boxes and bring commercialisation closer".

Global launch at Planet Textiles Summit

Nanollose has been invited to present at the world's leading sustainable textiles event on 22 May 2018, where the Company has taken the opportunity to launch its world first plant-free viscose-rayon fibre (NullarborTM) to global industry leaders.

The Company has produced the following marketing and promotional material (see link below) for the event:

- A slide presentation introducing Nanollose to the textile industry

- A short video introducing Nanollose's Nullarbor fibre

- A short video showing the yield advantage of microbial cellulose

Showcasing the Nullarbor fibre at this event provides an excellent opportunity to engage with international fashion retailers, brands, manufacturers and designers, many of which currently use rayon across their textile and clothing products and are searching for sustainable solutions.

To view the release with figures, please visit:
http://abnnewswire.net/lnk/E21YF3KF

Alfie Germano
CEO & Managing Director
Email: alfie.germano@nanollose.com
Phone: +61-411-244-477

Michael Wills
Media and Investor Relations
Email: michael.wills@nanollose.com
Phone: +61-468-385-208

EON NRG Ltd (ASX:E2E) Silvertip Field Development Program

May 22, 2018, 6:16 pm

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Following the successful recompletion of the 35-28F gas well in February 2018, EON NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) is proceeding with the preparation for permitting of a further two gas well recompletions at its Silvertip Field in the Bighorn Basin, Wyoming.

The 35-28F well has produced 50,000 Mcf of gas in the first 100 days since the recompletion with an average production rate of 490 Mcf per day and it continues to consistently produce more than 450 Mcf per day. The recompletion has generated net revenue after royalty and production tax deductions of almost $55,000 after a capex cost of $22,000.

Two further wells have been identified at Silvertip that appear to have the same formation characteristics as the 35-28F well and which are expected to have behind pipe gas that can be extracted through a recompletion process. The Company is looking to carry out these recompletions in the second half of 2018.

The Company is also undertaking analysis of the potential of drilling wells into the Tensleep/ Phosphoria formation which is present in the Silvertip field. This formation has not historically been heavily exploited at Silvertip because of the higher capital costs associated with the drilling of these wells to around a depth of around 8500 feet and because the oil and gas that is produced is sour and therefore has a higher deduct at the point of sale than the sweet light crude that has historically been produced at Silvertip from the Frontier formation wells.

With the oil price having increased to more than US$70/Bbl (WTI), these Tensleep wells become more economic and this may provide an opportunity for further development. The neighboring Elk Field has prolific production of oil and gas from Tensleep wells and has the capacity to process sour gas. There is a gas pipeline connecting the two fields through which Tensleep gas has historically been transported to the adjacent field plant for processing.

To view figures, please visit:
http://abnnewswire.net/lnk/2XD6J092

Simon Adams
CFO/Company Secretary 
Phone: +61-8-6144-0590
Email: sadams@i-og.net

John Whisler
Managing Director
Denver Head Office: +1-720-763-3183
Email: jwhisler@i-og.net 

Website: www.eonnrg.com 
Twitter: @EonNRG

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FINANCE VIDEO: Australian Potash Ltd (ASX:APC) Management Update

May 22, 2018, 6:16 pm

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Australian Potash (ASX:APC) is developing the Lake Wells SOP Potash Project in Western Australia. The company recently raised $3m as they advance the project towards a Definitive Feasibility Study later this year. In addition, drilling is underway at their Yamarna gold project in Western Australia, which is to the north of Gold Road (ASX:GOR) and Gold Fields 5.8Moz Au Yamarna gold project.

We interviewed Executive Chairman, Matt Shackleton, to discuss the funds raised will be used for as well as provide an update on current work activities.

To view the video, please visit:
http://www.abnnewswire.net/press/en/93254/APC

Adam Kiley
Director
TSI Capital Pty Ltd
E: adam.kiley@tsicapital.com.au 

Carnarvon Petroleum Limited (ASX:CVN) Dorado-1 Rig Update

May 22, 2018, 7:52 pm

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Carnarvon Petroleum Limited ("Carnarvon") (ASX:CVN) (OTCMKTS:CVONF) is pleased to provide the following update on the Dorado-1 well that is to be drilled in the WA-437-P exploration permit using the Ensco-107 jack-up drilling rig.

The rig is currently situated near the proposed Dorado-1 drilling location, at no cost to Carnarvon, and is waiting for swell conditions to subside to enable the rig to move onto the drilling location.

Once on location the legs will be jacked down onto the seafloor and the rig prepared for commencement of drilling.

The Company is simultaneously drilling the Phoenix South-3 well in the adjacent WA-435-P permit using a semi-sub rig. This well is currently setting casing at 3,733 metres (measured depth) before drilling ahead to the Caley formation target at around 5,300 metres.

Refer to previous announcements available on Carnarvon's website www.carnarvon.com.au for details of the significant gas and condensate being targeted by this well.

Carnarvon Petroleum           20% 

Quadrant Energy (Operator)    80% 

Shareholder enquiries:  
Mr Thomson Naude
Company Secretary
Phone: +61-8-9321-2665
Email: investor.relations@cvn.com.au

Collaborate Corporation Ltd (ASX:CL8) Receives 2017 R&D Tax Incentive

May 22, 2018, 9:02 pm

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Collaborate Corporation Limited (ASX:CL8) (Collaborate or the Company) is pleased to announce it has received an Australian Government R&D Tax Incentive refund of $267,023 for the year ended 30 June 2017. The amount of the refund is 46% higher than the amount received for the 2016 financial year and is reflective of the additional emphasis being placed on technology development and scaling the digital growth potential of the business.

The Company received the R&D Tax Incentive after spending in excess of $600,000 on R&D activities in relation to its peer-to-peer platforms in the 2017 financial year.

The funds from the R&D Tax Incentive will principally be used to continue to grow and develop Collaborate's peer-to-peer marketplaces and supplement the Company's working capital.

Collaborate Corporation Limited
Tel: +61-2-8889-3641
E: shareholder@collaboratecorp.com 
W: www.collaboratecorp.com

7 Lessons From Julian Malnic

May 23, 2018, 1:54 am

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ExplorationRadio.com: Last episode in our series on #innovation and #disruption... we try to answer the question: What makes an #innovator?

#Mining metals on the #ocean floor... mining water from #asteroids... just some of the #innovative ideas Julian Malnic has #succeeded with. He gives us a window into how he works. How he sees #entrepreneurship as understanding what the value of you being you is. How disagreement and skepticism are good things. How sometimes opportunities find you and 80% of success is just showing up. At the end, #innovation is #entrepreneurship and #enterprise. And don't ride the ski lift if you are afraid of the fall.

To listen to the Audio Interview, please visit:
http://www.abnnewswire.net/press/en/93265/rocks

Audio Interview by ExplorationRadio.com

Nanollose Ltd (ASX:NC6) Entitlement Offer Acceptances

May 23, 2018, 3:29 pm

≫ Next: Mustang Resources Ltd (ASX:MUS) Montepuez Ruby Project Operational Update

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Nanollose Limited (ASX:NC6) ("Nanollose" or the "Company") is pleased to advise that it has received valid applications from Shareholders for 14,505,733 Options pursuant to the non-renounceable 1:4 entitlement option offer announced on 16 April 2018 ("Entitlement Offer").

The Company expects to issue all options subscribed for under the Entitlement Offer on Friday, 25 May 2018.

The Company wishes to take this opportunity to thank its shareholders for their ongoing support of the Company.

Erlyn Dale
Company Secretary
Email: erlyn.dale@nanollose.com
Phone: +61-424-676-671

Mustang Resources Ltd (ASX:MUS) Montepuez Ruby Project Operational Update

May 23, 2018, 4:37 pm

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Mustang Resources (ASX:MUS) (OTCMKTS:MTTGF) is pleased to announce that it is exporting a further 34,400 carats of medium and higher grade rubies to its sales office in Thailand. The rubies were recovered as part of Mustang's bulk sampling operations at its Montepuez project in Mozambique from January to May 2018.

This parcel includes 10,238cts recovered from the processing of 22,180 tonnes at 46 cpht from the recently discovered Block B at Montepuez.

The whole parcel will be graded and is planned to be sold in Thailand as part of ongoing market development and test sales activities.

Key Points

- Mustang currently exporting a further 34,400cts of medium and higher quality rubies to Thailand from its Montepuez project

- Exported rubies planned to be sold through the Thailand office as part of the Company's ongoing market development and test sales campaign

- Newly discovered "Block B" delivered 10,238cts from the processing of 22,180 tonnes at a grade of 46 carats per hundred tonnes (cpht) since April 2018

- Independent experts Sound Mining Solutions appointed to undertake Resource modelling in preparation for a maiden JORC Resource in the December quarter 2018

- Pitting and exploration activities increased to define further extensions of secondary ruby deposits

- Plant upgrades scheduled to start in June 2018 to double processing capacity through the installation of an additional rotary pan, which is expected to reduce processing costs and total cost per carat

- Subject to a favourable maiden JORC Resource, exploration results and economic evaluation, Mustang aims to start commercial-scale mining operations in the first half of 2019

- Delegation from Thai Department of Commerce inspected the project in Mozambique and gave their full support to Mustang and future auctions in Thailand.

Mustang is also pleased to announce that it has appointed independent consultants Sound Mining Services (SMS) based in South Africa to start geological and resource modelling based on the comprehensive exploration and bulk sampling to date.

SMS will model and interpret the data with the aim of establishing a maiden JORC Resource for the Montepuez Ruby project in the December quarter of 2018.

Mustang has been increasing it exploration and pitting activities to provide additional data for the Resource and geological modelling and to define further extensions of the various ruby-bearing gravels on its licence areas.

Montepuez Ruby Project Development Plan and Milestones

The Company has now scheduled significant capacity upgrades for its ruby processing plant. These will start in June 2018. The upgrades will double the plant's processing capacity and are expected to significantly reduce processing costs (and therefore total costs) per carat through the installation of an additional rotary pan.

Following completion of these upgrades and the successful completion of the current exploration phase and subject to a favourable maiden JORC Resource, further exploration results and economic evaluation, the Company is targeting to commence commercial-scale mining operations in the first half of 2019 in accordance with the terms and conditions of the mining concessions.

Mustang Managing Director Dr. Bernard Olivier said: "We are pleased to report continuing progress on the development of the Montepuez Ruby Project. Our revised exploration and development strategy is now well on track.

"We look forward to completing the maiden JORC Resource and economic viability work later this year which, along with the planned plant capacity increase, we hope will pave the way for commercial-scale production operations to start in the first half of next year."

A delegation of 15 representatives from the Thai Department of Commerce visited Mustang's Montepuez Ruby Project. The Permanent Secretary, the Thai Ambassador to Mozambique and the Vice-President of the Thai Gem and Jewelry Traders Association were members of the delegation, together with other senior individuals from the gem industry in Thailand.

The Company was very pleased that the delegation was impressed by the ruby project and that it considers the project is run by Mustang on a highly ethical basis and is 'world-class' in all respects. The Thai Permanent Secretary of the Department of Commerce, Mrs Nuntawan Sakuntanaga confirmed that the Thai Government is very supportive of the project and of Mustang seeking relevant official approvals to conduct regular ruby auctions in Thailand in 2019.

To view figures, please visit:
http://abnnewswire.net/lnk/G0B2806E

Managing Director: 
Bernard Olivier 
E: bernard@mustangresources.com.au
M: +61-4-08948-182
T: +27-66-4702-979

Media & Investor Relations: 
Paul Armstrong
E: paul@readcorporate.com.au
T: +61-8-9388-1474

Lithium Power International Ltd (ASX:LPI) Deutsche Bank Future Metals Day Presentation

May 23, 2018, 4:45 pm

≫ Next: Australian Bauxite Ltd (ASX:ABX) to Fund ALCORE Stage 1 Refining Bauxite into Aluminium Fluoride

≪ Previous: Mustang Resources Ltd (ASX:MUS) Montepuez Ruby Project Operational Update

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Lithium Power International Ltd (ASX:LPI) (OTCMKTS:LTHHF) provides Deutsche Bank Future Metals Day Presentation.

Maricunga: a high-quality asset

- Located within the "Lithium Triangle" - home to the largest and highest quality lithium brine deposits.

- The highest quality pre-production lithium brine project in South America in terms of lithium grade, size and aquifer characteristics.

- The most advanced pre-production lithium project in Chile.

- 100% owned by the JV and not subject to leasehold related negotiations impacting other Chilean operators.

2017 JORC and Ni43-101 Resource Estimate

- 2.15 Mt LCE and 5.7 Mt KCI

- One of the worlds highest-grade lithium brine resources at 1,160 mg/l lithium and 8,500 mg/l potassium

- 80% Measured and Indicated: 1.7 Mt LCE and 4.5 Mt KCI

- 20% Inferred: 0.45 Mt LCE and 1.2 Mt KCI

- Exploration target upper case scenario 2.5 Mt LCE

Lithium Power: a compelling investment opportunity

- Test work has produced the first battery grade Li2CO3 sample, meeting commercial high quality specifications.

- Preliminary Economic Assessment ("PEA") by WorleyParsons completed in Dec 2017 indicates Maricunga to be a low-cost lithium producer with short payback and a long mine life.

- Definitive feasibility study targeted by end of 3Q18.

- Optimization of lithium extraction and potassium production to develop the lowest cost process with highest possible recoveries.

- Port and logistics assessment fully completed.

- All permitting and government approvals targeted 2Q19.

- Awarded by the Australian Embassy for being the company with the largest investment in the lithium sector in Chile.

To view the full presentation, please visit:
http://abnnewswire.net/lnk/QCF1UY54

Martin C Holland - CEO
Lithium Power International
E: info@lithiumpowerinternational.com
T: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI

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Australian Bauxite Ltd (ASX:ABX) to Fund ALCORE Stage 1 Refining Bauxite into Aluminium Fluoride

May 23, 2018, 5:23 pm

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Bauxite producer, Australian Bauxite Limited (ASX:ABX) (ABx) has made significant progress with its ALCORE project which is the development of bauxite beneficiation and refining technology to produce the high-value Aluminium Fluoride used in aluminium smelters and Lithium Ion batteries.

ALCORE will also produce Corethane ultra-pure hydrocarbon that can substitute for natural gas, diesel, heating and industrial applications. ALCORE's progress is meeting the schedule announced to the ASX on 13th November & 11th December 2017.

Highlights

- ABx Board of Directors has approved the incorporation of ALCORE Limited as a wholly-owned subsidiary to fund and manage the ALCORE Project, leading to the construction of an ALCORE Production Plant to produce 50,000 tonnes per year of Aluminium Fluoride (AlF3) and co-products

- ALCORE will be given rights to the ALCORE technology to covert raw bauxite worth approximately $50 per tonne into products worth more than $1,000 per tonne of bauxite. Preliminary in-house and independent engineering estimates of the operating cost is of the order of $400 to $500 per tonne of bauxite, which leaves an attractive operating margin

- The ALCORE project will start immediately with the commencement of Stage 1 pilot plant at a pre-approved factory site in Berkeley Vale, central coast NSW for the production of Aluminium Fluoride (AlF3) test samples

- The 12 month budget for the Stage 1 pilot plant & production of AlF3 test samples program has been further reduced to $2.5 million site operations (including contingencies), plus $0.5m pre-IPO costs plus $0.3m working capital and administration cost, which will be kept to a minimum under ABx administration & control

- $1 million of funding has been promised by a party that is providing services to ALCORE Stage 1, $0.5 million of funding has been provided to ensure that current work programs are not delayed and $0.2 million has been pledged by parties supportive of this new technology.

- It is anticipated that the remaining $1.6 million of seed capital will be fully subscribed to complete the funding of Stage 1

- An advisory-steering committee has been assembled and it has recommended the investment structure terms, with a priority given to expediting the development of an ALCORE Production Plant that will produce 50,000 tonnes of AlF3

- Once Stage 1 completes the production of AlF3 test samples, it will be modified to test the production of Corethane, which is pure hydrocarbon powder refined from low-value coals.

- Corethane will provide heat and electrical power for the ALCORE Production Plant and will also demonstrate its use as a gas-substitute in gas turbine electrical generators or its use as a diesel substitute for fuel security purposes. Corethane has many industrial markets

- Discussions with governments and agencies are progressing at the highest levels

- Companies that showed strong interest in purchasing and/or marketing both the Aluminium Fluoride and the main co-products Corethane and silica fume are being consulted

- ALCORE and ABx are on schedule to complete funding arrangements by 30 June 2018

ABx CEO, Ian Levy said; "The ALCORE Project must be pursued without delay. Its customers are aluminium smelters and that industry is growing at an amazing pace. ABx however also has two core bauxite development projects that need all of the time and energies of ABx's project development team, namely the large Binjour Project in central QLD and the Penrose refractory bauxite project 90km inland of Port Kembla NSW. Separating ALCORE into its own entity with its own management and destiny will unlock considerable value for shareholders in both the short and medium terms. Financing of the ALCORE Production Plant cannot be pre-determined but an IPO during 2019 is one route, should there be no superior offers at the time."

Recent Progress

1. Stage 1: Pilot Plant for product testing and engineering validation

ABx received its commissioned engineering, design and costing study on schedule on 28 February 2018 for Stage 1 of the ALCORE project, designed to generate bulk samples to be tested and validated by ALCORE's prospective customers for:

a. High density Aluminium Fluoride (AlF3)

b. Corethane (ultra pure hydrocarbon for fuel, heating and metallurgical use) and

c. Silica Fume for the concrete industry and for making eco-Geopolymer cement.

Stage 1 is to be constructed in Q3 2018 and work has commenced at site.

The chemical process was patented on 5th June 2017.

2. Financing Plans

Financing plans are to be finalised before the end of the fiscal year 30 June 2018 but seed capital raising has commenced with $1.7 million already available from sophisticated investors and a service provider that support this powerful new technology.

ABx has been approached by three parties involved in the Aluminium Fluoride industry to discuss future sales. All three are interested in providing finance for the Stage 2 construction of the 50,000 tonne per year production plant, subject to offtake agreements. One has expressed interest in providing finance for the Stage 1 Pilot Plant, should it be required.

Discussions are continuing with Federal and State Government ministries and with a government authority. These discussions will continue in 2018 and become quite specific once the Stage 1 process makes its first samples of final products.

3. Expressions of Interest in Coproducts Corethane and Silica Fume

ABx has been approached by two major companies seeking negotiations for access to two of the major co-products from the ALCORE production plant, namely Corethane and Silica Fume.

ALCORE will expedite the production of test samples of these co-products so as to demonstrate their value to various customers and governments.

Corethane is a high-efficiency fuel for gas turbine electricity generators and can also be used to provide high-energy, low emission heat for several industrial applications. It can be used as a chemical reductant in the manufacture of metals, including ultra-pure silicon metal for electronics. When combined with water, Corethane makes a substitute fuel for low-speed, high power diesel engines - for example in ships, trains and large diesel generator plants.

Silica Fume is a rapidly growing industry, being an amorphous, micro-fine form of silica (SiO2) that is increasingly used in making high strength concrete (complementing ABx's existing marketing of its cement-grade bauxite) and CO2-free geopolymer cements. Other hi-tech markets exist.

To view figures, please visit:
http://abnnewswire.net/lnk/S8HIA9Y1

Ian Levy
CEO and MD
Australian Bauxite Limited 
T: +61-2-9251-7177
M: +61-407-189-122

Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Lists ZenCash (CRYPTO:ZEN)

May 23, 2018, 5:24 pm

≫ Next: Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Will List Skycoin (CRYPTO:SKY) on 2018/05/24

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Cryptocurrency Exchange Binance.com (CRYPTO:BNB) will open trading for ZEN/BNB (CRYPTO:ZEN), ZEN/BTC and ZEN/ETH trading pairs at 2018/05/23 07:30 AM (UTC). Users can now start depositing ZEN in preparation for trading.

Introduction

Zen is an end-to-end-encrypted system with zero-knowledge technology over which communications, data, or value can be securely transmitted and stored. It is an integration of revolutionary technologies that create a system over which innovation can accelerate by combining three functions that are traditionally done separately:

1) transactions

2) communication

3) competitive governance

This is done in a secure and anonymous manner, using a worldwide distributed blockchain and computing infrastructure. The system integrates multiple best-in-class technologies to form an open platform for permissionless innovation that can evolve with user preferences.

ZenCash is a platform for secure communications and for deniable economic activity. It is an evolution of the Zcash codebase aimed at primarily enabling secure communications and resilient networking. As a platform, it enables secure global messaging, persistent file storage, and private economic activity.

Max Supply: 21,000,000 ZEN

Circulating Supply: 3,906,113 ZEN

To view the Whitepaper, please visit:
http://abnnewswire.net/lnk/F115T6G9

Binance
E: market@binance.com
WWW: www.binance.com


ZenCash
E: info@zencash.com
WWW: www.zencash.com

Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Will List Skycoin (CRYPTO:SKY) on 2018/05/24

May 23, 2018, 8:44 pm

≫ Next: Byte Power Group Limited (ASX:BPG) Update on Legal Action against Soar Labs Pte Ltd

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Cryptocurrency Exchange Binance.com (CRYPTO:BNB) will open trading for SKY/BNB (CRYPTO:SKY), SKY/BTC and SKY/ETH trading pairs at 2018/05/24 09:00 AM (UTC). Users can now start depositing SKY in preparation for trading.

Introduction

Created by the original developers of Bitcoin and Ethereum, Skycoin is an entire ecosystem where cryptocurrency is only part of the story. The rest includes the elimination of mining rewards, development of energy- efficient custom hardware, the realization of transaction speeds that rival the likes of Visa, and the advancement of a more secure and private Internet alternative.

These achievements are a result of the 5 robust components core to the Skycoin ecosystem:

Skycoin: fast and secure currency backed by bandwidth.

Skywire: anonymous, decentralized mesh-Internet.

Skynode: hardware and access point for Skywire.

Skyledger: decentralized open blockchain network.

Skysuite: suite of decentralized applications.

Skycoin is the Most Advanced Blockchain Application Platform in the World.

Max Supply: 100,000,000 SKY

Circulating Supply: 8,999,274 SKY

Issue Price: $ 0.100000

To view the Whitepaper, please visit:
http://abnnewswire.net/lnk/I454J44F

Binance
E: market@binance.com
WWW: www.binance.com

Skycoin
WWW: www.skycoin.net

Byte Power Group Limited (ASX:BPG) Update on Legal Action against Soar Labs Pte Ltd

May 23, 2018, 9:54 pm

≫ Next: Fluence Corporation Ltd (ASX:FLC) Annual General Meeting Presentation

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Byte Power Group Ltd (ASX:BPG) (Company) is pleased to provide an update on further developments in relation to the suspension of Soar Coins by Soar Labs Pte Ltd (Soar Labs) as last updated to the market by ASX announcement dated 12th February 2018.

BPG is pleased to advise that BPG, its subsidiary Byte Power Pty Ltd (BPPL), Mr Alvin Phua and Soar Labs Pte Ltd have reached an amicable settlement.

In full and final settlement of the dispute and without any admission of liability, Soar Labs will transfer 49% of the shares in BPPL to BPG, pay an equivalent of US$1,700,000 and transfer 5,000,000 Soar coins to BPPL, BPG and Mr Alvin Phua.

With the transfer of the 49% of the shares of BPPL currently held by Soar Labs to BPG, Soar Labs and the BPG Group are operating independently and are no longer affiliated.

The previous Proprietary and Mareva Injunctions granted to BPG and BPPL dated 9 February 2018 will be discharged and the proceedings discontinued.

The cash and digital currencies received from Soar Labs will be distributed to BPG, BPPL, and Mr Alvin Phua.

Michael Wee
Company Secretary
Byte Power Group Limited
T: +61-7-3620-1688
www.bytepowergroup.com

Fluence Corporation Ltd (ASX:FLC) Annual General Meeting Presentation

May 23, 2018, 11:16 pm

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Fluence Corporation Ltd (ASX:FLC) (OTCMKTS:EMFGF) provides the Company's Annual General Meeting Presentation.

Fluence is Solving Water and Environmental Problems

- Clear signs of growing global water scarcity and contamination

- Fluence is focused on the decentralised market with a full suite of solutions

- Decentralised solutions deploy faster and cheaper - US$22B market by 2021(see Note below)

Fluence's Solutions Have Advantages Over Traditional Water Treatment Infrastructure

- CapEx and OpEx are inefficient

- Infrastructure takes too long to deploy

- Developed world: Rusting pipes and growing communities

- Very costly to upgrade

- Fast, cost effective 'plug and play' solution

- Remote monitoring and operation, substantially reducing OpEx

- Limited in-ground infrastructure

- Reduces water and energy demand

- Multiple decentralised plants help mitigate man-made or natural disasters

Our Strategy

- Focus on decentralised solutions to water and wastewater problems

- Migrate from legacy EPC projects to Smart Packaged Plants enabling more repeat orders, faster delivery and higher margins

- Secure growing BOT pipeline funded via debt partner increasing recurring revenue

- Target China's rural wastewater treatment opportunity with Aspiral(TM)

Smart Packaged Plants based on proprietary and patented MABR technology

- Leverage partners to accelerate pipeline, bookings and revenue growth

- Maintain high top-line growth and target EBITDA positive during 2019

Note: Source: Global Water Intelligence, Global Water Market 2017 Volume 1

To view the full presentation, please visit:
http://abnnewswire.net/lnk/8J952EGD

Fluence Corporation Ltd
T: +61-3-9824-5254
E: info@fluencecorp.com
WWW: www.fluencecorp.com