Speedcast International Limited (ASX:SDA), the world's most trusted provider of remote communication and IT solutions, today announced that the company successfully delivered 3.174 Gbps of satellite bandwidth onboard the Carnival Horizon, Carnival's newest mega cruise ship. This transformative Internet experience follows on the successes first enabled onboard the Carnival Vista, which has been hosting the frictionless high-bandwidth Internet solution for over six months.

The unparalleled data rate was initially achieved at the Carnival Horizon naming ceremony on May 23, 2018 in the New York harbor, and sets the guest satisfaction standard that Speedcast will enable onboard the Carnival Horizon to guests and crew. The solution uses "best of breed" bandwidth from multiple satellite operators, in this case leveraging both Intelsat and Telesat. This approach consists of selecting the best satellites in terms of power, look angle and coverage, including the latest high-throughput satellites with beams specifically designed for maritime applications, in order to deliver a land-like connectivity experience. Intelsat and Telesat were key players in the achievement of this exceptional connectivity experience, securing the necessary capacity and working in close partnership with the Speedcast team for engineering.

"Carnival Cruise Line is proud to introduce Carnival Horizon, the company's newest and second of the Vista-class ships," says Reza Rasoulian, VP of Global Connectivity for Carnival. "The Horizon was delivered with our new industry-leading next generation connectivity solution leveraging an innovative satellite bandwidth and technology approach which we have developed over the past several years enabling our guests to enjoy fast, reliable, land-like connectivity to share their amazing vacation experiences on social media, keep up with news, and interact with friends and family even while at Sea."

"The Carnival Horizon is outfitted with best-in-class technology for both guest enjoyment and operations, and Speedcast is thankful for the opportunity to continue this partnership with Carnival as its trusted provider for communications," says PJ Beylier, Speedcast CEO. "The delivery of this record-breaking solution leverages the latest innovations in end-to-end networking, high throughput satellites, next-generation modems and optimization technology in order to reach a new standard in guest experience; one which allows them to enjoy an internet experience similar to what they have at home. We look forward to working hand-in-hand with Carnival to push the envelope of innovation, not just in terms of the largest amount of satellite bandwidth provided, but also utilizing IT solutions that will help them to achieve top-notch guest satisfaction on all of their ships, from connectivity to data management, entertainment content and more."

Carnival and Speedcast have collaborated to create the industry's first ever fully-integrated solution that is unique to Carnival, combining blockage-free connectivity using the newest and most powerful Intellian antennas on the market today, leveraging frequency spectrums across C-, Ku- and Ka-Band. Utilizing multiple bands and frequencies based on ship location, weather conditions, bandwidth availability and satellite coverage provides enhanced resilience and optimization, and allows all guest, crew, voice and corporate traffic to have simultaneous access to all available links at all times. The traffic is then routed accordingly via Speedcast's global MPLS network, reaching its final destination with minimal latency to provide an industry-leading connectivity experience never achieved before.

The entire network is monitored by Speedcast 24/7 Network Operations Centers, which support connectivity to approximately 70% of all cruise passengers around the world.

Carnival Cruise Line is working on plans for further rollout of the next generation connectivity solution throughout the entire fleet.

Toni Lee Rudnicki
Vice President, Global Marketing
Speedcast International Ltd
E: tonilee.rudnicki@speedcast.com
T: +1-832-668-2634

Thomson Resources Limited ("Thomson") (ASX:TMZ) is pleased to release a new investor presentation, which the CEO, Eoin Rothery, will be presenting at a series of upcoming shareholder and investor meetings.

The purpose of the meetings is to introduce the story to a range of new investors and highlight the high impact drilling program underway in 2018 across its tin and gold projects.

This new investor presentation highlights Thomson's compelling investment case.

Investment highlights

- Portfolio of high grade tin and gold exploration projects located in NSW

- A$25m JV with International Battery Metals (CNSX:IBAT) at the flagship Bygoo tin project

- Bygoo tin project located adjacent to Ardlethan, the biggest tin mine in NSW

- All drilling programs to date have made substantial high-grade tin intersections

- Significant gold portfolio producing great intercepts across numerous historic gold workings

- March 2018 drilling campaign at Harry Smith recorded intercepts including 12m @ 2.1g/t from 50m (ASX release 26 March 2018)

To view the presentation, please visit:
http://abnnewswire.net/lnk/3PR99377

Eoin Rothery
Chief Executive Officer
T: +61-2-9906-6225
E: eoin@thomsonresources.com.au
WWW: www.thomsonresources.com.au

Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) ("LPI" or "the Company") announces today that its Managing Director and CEO, Mr Martin Holland, is departing the business. Mr Holland has resigned his directorship of LPI effective today and will remain in the role of CEO until 30 June 2018.

The Board of Directors has commenced a search for suitable CEO candidates and expects to announce a replacement in due course.

There will be no impact on the day-to-day operations and development of the Company's flagship Maricunga Project in Chile, which continues to be managed by Santiago-based Mr Cristobal Garcia-Huidobro, the CEO of the joint venture company, Minera Salar Blanco SA. The Maricunga Project remains on track to deliver a Definitive Feasibility Study by the end of 2018.

Mr Holland co-founded LPI in 2015 and was instrumental in the Company's successful IPO and the acquisition of the Maricunga Project. He led the Company through successful capital raisings after its IPO, which generated in excess of $62 million of new equity.

Mr Holland said today: "I am extremely proud of what the Company has achieved and the condition that I am leaving it in. After successfully closing the IPO in 2016, we completed capital raisings that funded the acquisition, exploration, development and finalised our buy-in at our flagship Maricunga Project. I leave the Company in a very strong financial position. In addition, LPI has a prospective suite of assets in Western Australia and is in the process of selling its Centenario lithium project in Argentina."

"LPI is entering the next phase of its development at Maricunga and, as a significant and supportive shareholder, I look forward to its continued success. Now is the right time for me to depart as LPI ramps up its next stage of growth, moving from explorer to developer, which will involve final investment decision, offtake partners and construction of this significant lithium project. I thank all LPI shareholders, the Board of Directors, the broader LPI team and our joint venture partners in Chile for their support. Most importantly, I thank my wife and children. I look forward to spending more time with them, whilst embarking on the next journey of my professional business career."

LPI's Chairman, Mr David Hannon, said: "Martin has made an invaluable contribution to LPI. His vision and leadership have been instrumental in the Company's growth and success. He is leaving LPI in a strong financial position as we embark on the next, exciting phase at the world-class Maricunga Project. We look forward to Martin's continued support as a substantial shareholder and wish him and his young family all the best."

Mr Hannon further added that the search for a replacement CEO is underway and will in no way impede the ongoing DFS and permitting process in Chile for the Maricunga lithium brine project.

David Hannon - Chairman
Lithium Power International
E: info@lithiumpowerinternational.com
Ph: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI

Further to its previous announcements, on 8 March 2018 and 3 April 2018, Lithium Power International Limited (ASX:LPI) (OTCMKTS:LTHHF) ("LPI" or "the Company") provides this response to media reports on the licensing matter currently before the Chilean courts.

The case relates to the awarding of a CEOL (Lithium Special Operation Contract) to exploit lithium to the state-owned copper company, Codelco, immediately prior to the change of Chile's government on 11 March 2018. The CEOL covers the entire Maricunga Salar, including properties owned by LPI's joint venture entity Minera Salar Blanco SA ("MSB").

CEOL's, however, only apply to concessions licensed under the "new" mining code and therefore only cover MSB's Litio concessions. All of MSB's other concessions were issued under the "old pre-1979" mining code and are not affected.

Within the legal process before the Chilean Appeals Court (Amparo Económico), MSB requested the Chilean Constitutional Court (Tribunal Constitucional de Chile) to rule on the constitutional legality of an article being used by Codelco in their defense at the Appeals Court.

The Constitutional Court advised on 23 May 2018 that the issue was not a constitutional matter and they could not make a ruling. The matter was referred to the Appeals Court.

The legal process will continue in the Appeals Court as originally lodged.

It is important to note that the Chilean Nuclear Commission (CCHEN), designated by Chilean law to preside over lithium production, in March 2018, awarded MSB a permit without any further requirements to produce and commercialise lithium products from its old mining code concessions on Maricunga Salar for 30 years.

The legal action has had no effect on the Maricunga project's development schedule. MSB continues to finalise the Definitive Feasibility Study before year's end 2018 and also the submission of the Environmental Impact Assessment (EIA).

David R Hannon - Chairman or Andrew Phillips - Company Secretary
Lithium Power International
E: info@lithiumpowerinternational.com
Ph: +61-2-9276-1245
www.lithiumpowerinternational.com
Twitter: @LithiumPowerLPI

Investigator Resources Limited (ASX:IVR) is pleased to announce it has received A$858,006 as a tax concession for the 2016/17 year under the Federal Government's Research and Development ("R&D") Tax Incentive program.

A tenet of the Investigator exploration strategy is to develop innovative geoscientific technology in order to reduce risk and promote efficiency in its' ongoing conceptual and greenfields exploration programmes. The rebate is an acknowledgement of this process. The assistance of government is important for small companies in Australia in the present market environment to encourage an innovative approach to on-going research projects that test alternative hypotheses to the accepted geological norm. Without this assistance and in the general environment of withdrawal from exploration by midcap and major companies, research expenditure will wither in this vital sector and impact the future of the Australian mining industry in the long term. The assistance of government is gratefully acknowledged by the Company.

The A$858,006 received is additional to the previously reported cash balance of A$3.12million as at the quarter ended 31 March 2018.

The additional funds will be re-invested to advance the development of the Paris Silver Project and other Company targets in the southern Gawler Craton, South Australia.

Mr John Anderson
Managing Director
Investigator Resources Limited
E: info@investres.com.au
T: +61-8-7325-2222

Mr Peter Taylor
Investor Relations
NWR Communications
E: peter@nwrcommunications.com.au
T: +61-41-203-6231

Cardinal Resources Limited (ASX:CDV) (TSE:CDV) (OTCMKTS:CRDNF) ("Cardinal" or "the Company") is pleased to announce that it has received encouraging results from its first pass shallow RC drilling designed to test one of the six coincident goldin- soil and geophysical targets on the Ndongo License within the Bolgatanga Project, which is located ~15 km north of the Company's Namdini Gold Project with an Indicated Mineral Resource of 6.5 Moz Au (see Figure 2 in link below).

Highlights

- RC drilling has returned several shallow gold intersections from the first of six targets to be drilled including:

o NDRC130: 24m at 1.2 g/t Au from 2m, and 14m at 1.4 g/t Au from 46m

o NDRC131: 9m at 11.5 g/t Au from surface (includes 3m at 29.8 g/t Au)

o NDRC134: 4m at 1.2 g/t Au from 20m

o NDRC137: 8m at 1.4 g/t Au from 1m

- The results highlight the potential for discovery of gold mineralisation within the Ndongo License, located approximately 15 km north of Cardinal's Namdini Gold deposit which currently contains 6.5 Moz Au Indicated and 0.5 Moz Inferred Mineral Resources.

- Prospectivity of the area is enhanced due to its proximity to the prolific Nangodi Shear Zone which is known to host major economic gold mineralisation in northeast Ghana and Burkina Faso

- Field crews are currently undertaking geological mapping, surface rock sampling, trenching and geophysical surveys to help identify new targets and refine existing targets

Cardinal's Chief Executive Officer / Managing Director, Archie Koimtsidis stated:

"We are highly encouraged with these early promising results at Target A - Prospect Zupeliga South (see Figures 3, 4 and 5 in link below) particularly given the strong grades we are seeing near surface. These results strengthen our resolve that the Ndongo License is highly prospective with several untested drill targets which could deliver another significant gold discovery.

We are planning infill and extensional drilling with both RC and DD rigs to target the strike and dip extensions of the mineralisation which remains open.

Gold mineralisation has initially been located within an area of ~200m strike length by ~100m width within the larger Target A area which has a strike length of ~12km and a width of ~1.5km. At this early stage, mineralisation appears to be open along strike and at depth with further drilling planned.

Drill rigs will also be mobilised across the Ndongo License to test other target areas (see Figures 3, 4 and 5 in link below)".

The target area was originally highlighted following a soil sampling programme by AfricWest in 1997 and Etruscan Resources in 2007. A number of shallow high-grade gold intersections were returned from RAB drilling completed by Etruscan Resources in 2008. The results from the historical Etruscan Resources RAB drilling include:

o NRB-08-399: 7.5m at 1.8 g/t Au from 33m

o NRB-08-400: 19.5m at 1.2 g/t Au from 6m

o NRB-08-404: 21.0m at 2.3 g/t Au from 6m

o NRB-08-409: 18.0m at 3.4 g/t Au from surface

Note: All the historical RAB drill data was collected by Etruscan Resources Ghana Limited, now part of Endeavour Mining Corporation (For details, refer to TSX announcement by ABZU Gold on 23 January, 2013 entitled "ABZU Gold Announces Drilling Mobilisation For 2013, Targets Additional Satellite Gold Mineralisation at Zupeliga").

Ndongo Prospecting License

The Ndongo Prospecting License covers an area of 295 km2, having been recently expanded by the purchase of two exploration licence areas from Kinross Gold in August 2017 (see Figure 2 in link below).

The license area is considered highly prospective for the discovery of economic gold mineralisation associated with the prolific Nangodi Shear Zone, a splay fault off the main regional-scale Bole-Bolgatanga Shear. Elsewhere, the Nangodi Shear Zone is spatially related to no fewer than four major gold discoveries, including the Company's Namdini Gold Project with 6.5 Moz Au Indicated and 0.5 Moz Au Inferred Mineral Resources, the Shaanxi Mine, the historic Nangodi Gold Mine and the 2.1 Moz Youga Gold Mine in Burkina Faso, adjacent to the Ghana border (see Figures 1, 2 and 3 in link below). In addition, there are numerous historic shallow artisanal workings along many parts of this shear zone ~15 km north of the Namdini Gold Project (see Figure 3 in link below).

Six exploration target areas totalling 70 km in strike length ~15 km north of the Namdini Gold Project have been initially identified for more detailed investigations through assessing geophysical, geochemical and geological data relevant to this Prospecting License (see Figures 3 and 4 in link below).

Ndongo Prospecting License - Target A - Prospect Zupeliga South

Target A was previously named Ndongo West prior to the acquisition of the surrounding Kinross ground. Numerous gold-in-soil anomalies, RAB drilling, shallow artisanal diggings and several deeper artisanal shafts all indicated the gold-bearing potential of this recently acquired area (see Figures 3 and 4 in link below).

At Ndongo West, Gradient Array IP ("GAIP") and ground magnetic surveys identified a very well-developed contact zone between conductive and resistive units, along which the artisanal shafts are located.

Once the former Kinross ground was added to Ndongo West, this extended the Target A strike length to 12 km and 1.5 km width and is now called Zupeliga South Prospect (see Figure 5 in link below).

The prospect is underlain by weak to strongly magnetic mafic-ultramafic volcanic units which are intruded locally by granodiorite. The volcanic units are altered containing pyrite, minor pyrrhotite, magnetite, minor arsenopyrite and silica.

The geology of this prospect is more complex as folding has been identified with the fold axis orientated ~020deg, and the rock units striking ~300deg and dipping north at ~60deg. The structures imply open anticlinal folds although plunges have yet to be determined.

Gold of variable grades is found within highly magnetised mafic volcanic horizons with disseminated sulphides and cross-cutting pyrite and smoky quartz veinlets.

Higher gold grades occur within a sheared, less magnetic and siliceous altered inner zone within the magnetic corridor which also has cross-cutting pyrite and quartz veinlets. Gold mineralisation has initially been located within an area of ~200 m strike length by ~100 m width within the larger Target A area which has a strike length of ~12 km and a width of ~1.5 km. At this early stage, mineralisation appears to be open along strike, especially along the fold axes, and at depth with further drilling planned to evaluate the two limbs of the anticlines.

To view figures, please visit:
http://abnnewswire.net/lnk/644LB365

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

Bettina Filippone
Renmark Financial Communications Inc
E: bfilippone@renmarkfinancial.com
P: +1-416-644-2020 or +1-514-939-3989

Alec Rowlands
IR / Corp Dev
Cardinal Resources Limited
P: +1-647-256-1922

Australian Internet of Things (IoT) technology company, Xped Limited (ASX:XPE) ("Xped" or "the Company") is pleased to announce the execution of a binding technology development agreement with Heuresy Labs LLC ("Heuresy"). Under the agreement, Xped will develop a new cryptographic Physical Security Token ("PST") which is a hardware security device that provides authentication and encryption.

Xped will use the PST to provide authentication of its gateways and encryption of data from the devices attached to them, allowing the Company to serve significant new and expanded markets that require secure IoT solutions. Xped is not planning to undertake a coin or token offering.

"With this contract and new security token, Xped can pursue opportunities in new and higher value markets such as governments and utilities" said Christopher Wood, CTO and Executive Director, Xped Ltd.

"Xped's XIP ecosystem is a hardware-secured IoT platform that serves, residential, commercial and industrial customers." - Mr Wood said.

Expanding Markets

This new PST security will allow governments, utilities, retail and other industry customers who are waiting for secure IoT solutions to start adopting and benefiting from these applications now because they will be able to use the PST with Xped gateways and devices to build highly secure IoT networks. For example, in an office building, the PST secured system could be used to provide secure access control via Xped enabled door locks.

Both Heuresy and Xped will market and distribute the combined secure IoT solution suite, greatly expanding the reach of the Company's offerings.

The Company will be in the position to empower customers in these sectors to:

- Benefit from IoT that heretofore they have been unable to adopt fully due to the risk of security breaches;

- Require the PST to be present replacing passwords to secure access to important IoT functions and data;

- Protect the end users' IoT information including account credentials, accounts, configurations, data and history;

- Reduce the cost of deployment of IoT solutions with Xped's unique ADRC technology, now secured by PST.

Deliverables

Under the agreement with Heuresy, Xped will:

- Develop the PST device with both Bluetooth and GPS capabilities, incorporating fully verified geofencing technology (patent pending) that is able to restrict secure operations to a given area;

- Integrate support for PST authentication and geofencing into the Xped IoT ecosystem;

- Provide software development kits ("SDKs") that will allow 3rd party IoT and software developers and OEMs to take advantage of IoT security in the Xped ecosystem enabled by the PST security, including geofencing;

- Provide an SDK to enable Xped's app and Heuresy apps to perform IOT micropayments. This SDK will allow applications to be developed that use the PST enabled Xped gateways and allow users of these applications to make payments for services. For example, a building operator may choose to charge a fee for access to a conference room secured by an Xped enabled door lock and a secure payment could be made immediately via the app. The ability to make payments when interacting with IoT devices will enable new business models for IoT sensor manufacturers and owners;

- Support Heuresy and its contractors in the development of PST-secured applications.

Consideration

The consideration to be paid to Xped for services rendered under the agreement includes:

- Xped to acquire distribution rights for the PST security device to be manufactured by Heuresy, for inclusion in Xped IoT solutions. Xped will be able to purchase the PST devices at manufacturing cost plus handling fees;

- Payment of US $250,000 within 5 days of executing the agreement;

- Payment of US $250,000 upon completion of the statement of work under the agreement;

These payments represent the first significant cash flow realised from the commercialisation of Xped's core technologies.

About Heuresy

Heuresy LLC was founded in 2017 to bring solutions to security-conscious customers in the commercial and government sectors to help them increase the pace of adoption of new technology ecosystems including IoT and to defend those ecosystems against the burgeoning security threats. Heuresy's founder & CEO Keith Benson is an electronics and communications systems architect, inventor, and entrepreneur. An expatriate Australian living in the United States, Mr. Benson has over twenty-five years' experience as founder and CEO in multiple start-ups. Mr. Benson conceived and developed Navy Cash, the first large-scale smart card payment system created for the U.S. Government. www.heuresy.com

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:
John Field
Field Public Relations
T: +61-8-8234-9555
T: +61-418-819-527

WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) ("Classic", or "the Company") is pleased to announce that it has successfully completed the first stage of the Two Tranche Placement ("Placement") to raise $1.0 million before costs. The raising received significant demand from new domestic shareholders and was managed by leading Perth and Sydney-based stock broking firms.

The Placement leaves Classic well positioned to commence an aggressive exploration and resource delineation drill program at its Forrestania Gold Project ("FGP").

Highlights:

- $1.0 million raised via a Two Tranche Placement to institutional and sophisticated investors located in Australia at $0.004 per share

- Oversubscribed with strong demand from new major domestic investors

- Funds will be used to progress upcoming drilling program at the Forrestania Gold Project

1. INTRODUCTION

Classic CEO Dean Goodwin said:

Following the fantastic results of our last drilling program, including a brand-new discovery at Van Uden West and multiple high grade gold hits at Kat Gap and Lady Lila, we are very excited to be heading back to the FGP to undertake an aggressive follow up drill program. I am also thrilled to be heading back to Lady Magdalene to hopefully unlock major high-grade lodes which will bolster the resource with quality oz.

The sustained exploration work at FGP would not be possible without the support and belief of our new shareholders and existing shareholders. We are pleased to note the participation of three leading stockbroking firms from Perth and Sydney.

2. PLACEMENT

The Placement comprises the issue of 250 million fully paid ordinary shares ("Placement Shares") at an issue price of $0.004 to institutional and sophisticated investors in Australia, raising $1.0 million (before costs).

The Placement will be completed in two tranches as follows:

- Tranche 1 of the Placement will raise approximately A$0.66m via the issue of approximately 165m New Shares pursuant to the Company's existing placement capacity under ASX Listing Rules 7.1 and Resolution 3 from the Company's General Meeting dated 9 April 2018 ("Tranche 1").

- Tranche 2 of the Placement will raise approximately A$0.34m via the issue of approximately 85m New Shares subject to shareholder approval to be sought at a general meeting of the Company, expected to be held on or around Friday, 29 June 2018.

The issue price of $0.004 represented a 20% discount to the last closing price of $0.005 on Wednesday, 23 May 2018 and a 20% discount to the 5 - day VWAP up to and including that date of $0.005.

Placement Shares will rank equally with existing fully paid ordinary shares. Settlement of Tranche 1 of the Placement is expected to be completed before Friday, 1 June 2018.

3. USE OF FUNDS - DRILLING PROGRAM

Funds raised from the Placement will be used to fund exploration activities at the FGP and for general working capital.

Following the encouraging results (see ASX announcement dated 15 May 2018) from its last program at Kat Gap, Van Uden West and Lady Lila, the Company will be targeting these areas again with additional drilling. In addition, Classic will also be returning to Lady Magdalene to continue efforts to locate high grade mineralisation that has been missed by previous explorers.

The Company plans to undertake the following drilling activities (see link below) in early June 2018:

Previous drilling results from Van Uden West confirms the discovery of a significant new zone of gold mineralisation. Preliminary interpretation suggests that the prospect is similar in geological characteristics to Kat Gap with gold mineralisation sitting adjacent to the granite/greenstone contact. Classic has planned 5 holes for 480m total to test strike/depth potential of the new discovery.

Lady Lila is a BIF hosted gold deposit that is similar in geological characteristics to Bounty and Blue Vein (held by KDR) which are prolific, high grade gold deposits in the region. Previous drilling by Classic at Lady Lila confirmed the existence of a thick, steep east dipping ore zone warranting additional follow up. The upcoming drill program (5 RC holes for 360m total) will focus on extending the mineralisation along strike and at depth.

Kat Gap contains a shallow unmined gold deposit discovered in the 1990s, which was the subject of resource estimations and scoping study by Sons of Gwalia in 2003. High grade RC drill intercepts include 15 m @ 15.1 g/t Au from 39 m depth and 6 m @ 19.1 g/t from 17 m depth. The open-ended deposit lies within a 5 km long geochemical gold anomaly that has seen very little drill testing, and after the previous drill program just completed, Classic sees great potential for the discovery of a substantial shallow high-grade gold deposit within the Kat Gap project area and the upcoming program will be testing for extensions of the high grade system. Classic has 12 holes planned at Kat Gap for a total of 1,100m.

Lady Magdalene is a large, modestly graded deposit which appears to host high-grade, cross-cutting gold lodes within existing drill lines that are 100-200m apart (see announcement dated 22 March 2018). Previous diamond drilling successfully confirmed the existence of such lodes and the planned drilling will further test the extent of strike, dip and grade of these high grade cross-cutting lodes. Classic has 12 holes planned at Lady Magdalene for a total of 1,060m. The Placement comprises the issue of 250 million fully paid ordinary shares ("Placement Shares") at an issue price of $0.004 to institutional and sophisticated investors in Australia, raising $1.0 million (before costs).

4. INDICATIVE TIMETABLE

Table 2 shows the proposed key dates for the Placement:

Table 2: Indicative Timetable

Event: Announcement of the Results of the Placement and Trading Halt lifted

Date / Time (AWST): Monday, 28 May 2018

Event: Settlement of new shares issued under Tranche 1 of the Placement

Date / Time (AWST): Friday, 1 June 2018

Event: Allotment and Trading of new shares issued under Trance 1 of the Placement

Date / Time (AWST): Monday, 4 June 2018

Event: Notice of General Meeting Dispatched

Date / Time (AWST): Friday, 1 June 2018

Event: Anticipated General Meeting

Date / Time (AWST): Friday, 29 June 2018

Event: Settlement of new shares issued under Tranche 2 of the Placement

Date / Time (AWST): Friday, 6 July 2018

Event: Allotment and Trading of new shares issued under Trance 2 of the Placement

Date / Time (AWST): Monday, 9 July 2018

1. The above timetable is indicative only and subject to change. Classic reserves the right to amend any or all of these events, dates and times subject to the Corporations Act 2001 (Cth), the ASX Listing Rules and other applicable laws.

5. ABOUT THE FORRESTANIA GOLD PROJECT

The FGP Tenements (excluding Kat Gap and Lady Lila) are registered in the name of Reed Exploration Pty Ltd, a wholly owned subsidiary of ASX listed Hannans Ltd (ASX:HNR). Classic has acquired 80% of the gold rights on the FGP Tenements from a third party, whilst Hannans has maintained its 20% interest in the gold rights. Hannans' 20% interest is free-carried, meaning Hannans is not required to fund any activities on the FGP until a decision to mine has been made.

The FGP contains an existing Mineral Resource of 5.3 Mt at 1.39 g/t for 240,000 ounces of gold, classified and reported in accordance with the JORC Code (2012), with a recent Scoping Study (see ASX Announcement released 2nd May 2017) suggesting both the technical and financial viability of the project. The current post-mining Mineral Resource for Lady Ada, Lady Magdalene and Lady Lila is tabulated below (see link below).

Additional technical detail on the Mineral Resource estimation is provided, further in the text below (see link below) and in the JORC Table 1 as attached to ASX announcements dated 14th March 2017 and 21st March 2017.

To view tables, please visit:
http://abnnewswire.net/lnk/9UT7P034

Classic Minerals Ltd
T: +61-8-6305-0221
E: contact@classicminerals.com.au
WWW: www.classicminerals.com.au

In accordance with the requirements of Listing Rule 3.1 Australian Bauxite Ltd (ASX:ABX) submit the attached material (see link below) being presented to investors to the ALCORE project.

Summary:

- ALCORE Limited will be 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 technology converts 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

- ALCORE project is starting with the commencement of Stage 1 pilot plant at a pre-approved factory site in Berkeley Vale, central coast NSW for the production of AlF3 test samples

- Stage 1 costs reduced to $2.5 million site operations (including contingencies), plus $0.5m pre-IPO costs plus $0.3m working capital and administration cost

- $1 million of funding has been promised, $0.5 million has been provided 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

- 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 Comments:

"After 5 years of hard work and fine-tuning the ALCORE technology with the patent holder, Refined Ore Industries Limited (ROIL), ABx can, subject to a successful IPO or superior funding process, unlock considerable shareholder value that is not reflected in ABx's current share price. ABx and ROIL will control the destiny of ALCORE so as to maximise shareholder values.

"At current product sale prices, ALCORE has the potential to produce 50,000 tonnes per year of Aluminium Fluoride and deliver a significant annual EBITDA. This is why The ALCORE Project must be pursued without delay to be ready to supply existing Australasian aluminium smelters and new aluminium smelters under construction. Lithium-ion battery demand will be a bonus upside.

"ABx will continue progressing the development of its three core bauxite projects, namely the Tasmanian mine and additional resources, 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."

To view the presentation, please visit:
http://abnnewswire.net/lnk/HEA85Z2G

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

Your Director's are pleased to invite you to participate in the Mithril Resources Ltd (ASX:MTH) (Mithril or Company) Share Purchase Plan (SPP) that closes on 18 June 2018 (Closing Date). Under the SPP, you may subscribe for up to A$15,000 worth of fully paid ordinary shares in the Company without incurring brokerage or other transaction costs. As fellow shareholders, your Directors have indicated that they intend to take up their maximum entitlement under the SPP (subject to scale-back if oversubscribed).

The SPP is intended to raise approximately $600,000 and is partly underwritten to $290,000 by Patersons Securities Ltd. The Company reserves the right to scale back the maximum participation amount per shareholder if the total demand exceeds $600,000 and notes that allocation of shares will be on a "first-come, first-served basis".

The offer price of the shares under the SPP will be a 20% discount to the 5-day volume weighted average price ("VWAP") up to and including the day before the issue of the shares.

Funds raised will be used to drill priority nickel targets at the Kurnalpi Nickel Project (located 70 kms NNE of Kalgoorlie, WA), support ongoing target generation activities and for working capital purposes.

Kurnalpi is highly prospective for nickel and cobalt mineralisation with the Company recently identifying a new off hole downhole EM conductor adjacent to existing nickel sulphide mineralisation. A historic drill hole (KURA50 - 20m @ 0.69% nickel, 0.07% cobalt from 32 metres including 8m @ 0.96% nickel, 0.09% cobalt from 36 metres) lying south of the EM conductor further strengthens the project's prospectivity. Both the EM conductor and the KURA50 intercept have not been followed up and will be drill tested with proceeds from the SPP.

Pursuant to the SPP rules, existing shareholders who are recorded on the share register at 17 May 2018 with a registered address in Australia or New Zealand are eligible to participate.

Mithril has also been successful in its application to participate in the Federal Government's Junior Minerals Exploration Incentive ("JMEI") scheme and has been allocated credits of up to $227,796 which can be distributed to eligible shareholders who participate in the SPP (see Mithril's ASX Announcement dated 18 May 2018).

Details of the SPP are set out in the enclosed SPP Terms and Conditions (see link below). We encourage you to read these Terms and Conditions carefully and in their entirety before deciding whether or not to participate in the SPP.

To view the release, please visit:
http://abnnewswire.net/lnk/9SSID42F

Graham Ascough
Chairman - Mithril Resources Ltd
E: admin@mithrilresources.com.au
T: +61-8-8132-8800
F: +61-8-8132-8899
www.mithrilresources.com.au

Carnarvon Petroleum Limited ("Carnarvon") (ASX:CVN) (OTCMKTS:CVONF) is pleased to provide the following update on the drilling of the Phoenix South-3.

Progress

The 13 5/8" casing was successfully set and cemented in place and drilling commenced in the 12 1/4" x 14 3/4" hole.

Current Operations

The rig is currently drilling ahead at 4,352 m Measured Depth.

Forward Plan

At current rate of penetration, it is expected that the 12 1/4" hole with concurrent hole opening to 14 3/4" diameter will take only one additional day to drill down to 4,590 metres Measured Depth after which the 11 3/4" liner will be set. After setting this liner, operations will continue with drilling in 10 5/8" hole and subsequently opening to 12 1/4" diameter to just above the Caley primary target. The Caley is expected to be intersected at a depth of approximately 5,360 metres Measured Depth.

Well Objective

The primary objective for the Phoenix South-3 well is to evaluate the gas and condensate potential of the Caley Member within a large, faulted anti-clinal closure that was partially penetrated with the Phoenix South-2 well.

Phoenix South-2 encountered gas and condensate in the Caley Member but was unable to drill through and evaluate the formation. The Phoenix South-3 well has been optimally designed to penetrate and evaluate the hydrocarbon bearing formations of the Caley Member.

Phoenix South-3 is located around 560 metres North-North East of the Phoenix South-2 well. The well will target a closure that is estimated by Carnarvon to contain a gross mean recoverable prospective resource of 489 Bscf of gas and 57 million barrels of associated condensate (being 143 million barrels of oil equivalent ("boe"), gross, Pmean) - Refer to ASX Announcement on 28 March 2017.

Prospective Resources are the estimated quantities of petroleum that may potentially be recovered by the application of a future development project and may relate to undiscovered accumulations. These prospective resource estimates have an associated risk of discovery and risk of development. Further exploration and appraisal (including this well) is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.

 
Project equity Owners: 

Carnarvon Petroleum             20% 
Quadrant Energy (Operator)      80% 

To view figures, please visit:
http://abnnewswire.net/lnk/U12843O2

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

Canadian focused explorer and developer Ardiden Limited ("ADV" or "the Company") (ASX:ADV) is pleased to advise the diamond drill rig and geological teams are on site to commence the due diligence diamond drilling program at the highly-prospective Kasagiminnis Lake Property in Ontario, Canada.

HIGHLIGHTS:

- ~1,800m diamond drilling program has commenced at the Pickle Lake Gold Project, Canada (under Option)

- Due diligence drilling to focus on the highly-prospective Kasagiminnis Lake Property

- Program designed to verify substantial historic gold intercepts and to test extensions of key gold mineralisation zones

The due diligence diamond drilling program forms the basis of the assessment and expenditure requirements for the 100% acquisition of the Pickle Lake Gold Project, which includes four separate gold properties offering both advanced development opportunities and early stage exploration, namely:

- Dorothy-Dobie Lake Property

- Kasagiminnis Lake Property

- South Limb Property

- Pickle Lake West Property

The Pickle Lake Gold Project has over 25,000m of historical diamond drilling completed across the Pickle Lake Gold Properties, confirming the potential for multiple extensive gold mineralised zones at both Dorothy-Dobie Lake and Kasagiminnis Lake, with gold mineralisation remaining open along strike and at depth.

The drill program will focus on the Kasagiminnis Lake Property and has been designed to drill test and evaluate high grade historic gold intercepts and test mineralisation extensions of key gold mineralisation zones.

Subject to results, the due diligence drill program may comprise up to approximately 1,800m of diamond drilling which is specifically focused on a number of highly-prospective, high priority drill targets defined at the Kasagiminnis Lake Property.

Site conditions at the moment are favourable and the Company has successfully established the necessary drill pads at the site with the diamond drill program commencing swiftly.

Once the drill core has been logged, cut and prepared, the drill samples will be sent to Activation Laboratories in Thunder Bay for assay and metallurgical testing.

The Kasagiminnis Lake Property consists of three contiguous staked mining claims covering 752ha in the Little Ochig Lake area. The project is located in north-western Ontario, approximately 25km south-west of the town of Pickle Lake, and approximately 15km west of the Mishkeegogamang First Nation Community of New Osnaburgh. The Provincial Highway 599 is located approximately 9km east of the Kasagiminnis Lake Property.

The Company also advises that Ardiden has now formally withdrawn from the Equity Placement Facility previously announced on 19 February 2018. The fully flexible funding facility for up to A$15 million was provided by Long State Investments Ltd (LSI). The Company confirms the withdrawal from the facility, with no penalty, was mutually agreed between the parties and Ardiden is appreciative of the ongoing support provided by LSI.

To view figures, please visit:
http://abnnewswire.net/lnk/YQ7K8L90

Investors:
Brad Boyle
Ardiden Ltd 
Tel: +61-8-6245-2050

Media:
Michael Weir / Cameron Gilenko
Citadel-Magnus
Tel: +61-8-6160-4900

American Pacific Borate and Lithium (ASX:ABR) ("ABR" or the "Company") is pleased to announce it has entered into an earn in Agreement (the "Agreement") to acquire, on the incurrence of US$3m of Project expenditures, a 100% interest in the Salt Wells North and Salt Wells South borate and lithium exploration projects in Nevada, USA (the "Projects"), suitably located in close proximity to the Company's flagship Fort Cady project.

- Consistent with ABR's strategy to become a globally significant producer of borates, the Company has agreed an "earn in" to acquire a 100% interest in the Salt Wells North and Salt Wells South borate and lithium exploration projects in Nevada, USA on the incurrence of US$3m of Project expenditures

- Both projects are prospective for borates and lithium with surface salt sampling results received on 18 April 2018 from Salt Wells North delivering up to 810 ppm Lithium and over 1% Boron (over 5.2% boric acid equivalent)

- Borates were previously produced from Salt Wells North from surface salts

- No modern exploration activities have been completed on either project to test the salt horizon for borates and lithium and the brines for lithium

- Modest early year expenditure ensures Company's focus remains on taking its flagship Fort Cady borate project into production

Under the terms of the Agreement, ABR may spend US$3m on the Projects over a five year period, modest expenditure commitments are required in the first two years. In addition to the US$3m expenditure commitment, ABR is required to pay US$100k upfront to reimburse the vendor's Project costs. The Company is also required to pay all claim related expenditure which is estimated to be US$300k over the five year period. Once in commercial production, ABR will be required to make a one-off payment of US$1m and an ongoing royalty of 3% of gross revenues.

ABR expects that it can run near term exploration activities on these two new project from its head-office in Apple Valley, California.

American Pacific Borate and Lithium, CEO, Michael Schlumpberger commented:

"We are very excited to be acquiring the rights to earn in to both the Salt Wells North and Salt Wells South borate and lithium exploration projects in Nevada. The elevated levels of lithium and boron in surface salts from recent sampling suggest an opportunity to establish either a borate project hosted in the sediments or a lithium and/or boron project hosted in the brines, or both.

Importantly, under the earn in agreement, we only have modest expenditure commitments in the first two years. This ensures our focus will continue to be on advancing our Fort Cady borate project into production. The close proximity of the project to our office in Apple Valley also allows us to keep expenditure to a minimum. The acquisition is consistent with our stated objective to become a globally significant producer of borates."

The Projects

The Salt Wells North and Salt Wells South projects are located in Churchill County, Nevada, USA. The Projects are within short proximity to major highways and within 25 kilometres of the town of Fallon that has a population of over 8,500 people.

The Projects lie in what is believed to be an internally drained, fault bounded basin that appears similar to Clayton Valley, Nevada, where lithium is currently produced by Abermarle Corporation, the only current production source of lithium in the USA. The basin covers an area of around 110 square kilometres. Borates were produced from surface salts in the 1800's from the Salt Wells North site. With the exception of recent surface salt sampling from the Salt Wells North project, no modern exploration has been completed. The Projects are prospective for borates and lithium in the sediments (salt horizon) and lithium and boron brines within the structures of the basin.

Salt Wells North

The Salt Wells North project includes 171 claims of 20 acres (8.1 hectares) for a total project size of 13.8 square kilometres. The project sits in the shallow north eastern section of the basin.

On 18 April 2018, assays results were received from surface salt samples demonstrating elevated levels of lithium and borates. The highest recorded lithium reading was 810ppm with several other readings above 500ppm recorded over a wide area.

Salt Wells South

The Salt Wells South project includes 105 claims of 20 acres (8.1 hectares) for a total project size of 8.5 square kilometres. The project sits in the deeper south eastern section of the basin.

Earn In Agreement

The counterparty to the Agreement is Great Basin Resources Inc, ("GBR"), a company registered in Nevada, USA.

ABR will "earn in" to acquire 100% of the Projects under the following terms:

a. Upon signing the Agreement, ABR will pay US$74k to enable GBR to formally register the Projects' claims;

b. ABR will make an upfront payment to GBR of US$100k as a reimbursement for some of the Project expenses to date payable within seven days of formal claim registration for both Projects;

c. ABR will pay all direct claim expenses including initial registration fees and annual ongoing fees;

d. In addition to the above fees, ABR will commit to spending, at its absolute discretion, the following amounts each year for the next five years subject to any over expenditure in a year being applied to expenditure requirements for following years:

Progressive and Cumulative Projects' Expenditure Requirements

Year 1 - US$100k, cumulative - US$100k

Year 2 - US$300k, cumulative - US$400k

Year 3 - US$600k, cumulative - US$1,000k

Year 4 - US$800k, cumulative - US$1,800k

Year 5 - US$1,200k, cumulative - US$3,000k

e. ABR may choose to complete the required US$3,000k expenditure earlier than the proposed 5 year term. In either case, GBR will immediately transfer the claims to ABR upon satisfaction ABR has expended at least US$3,000k on the Projects;

f. ABR will pay GBR US$1m within 28 days of first production at commercial scale (a plant capable of producing sufficient product to derive annual revenues of at least US$60m); and

g. ABR will pay GBR a net smelter royalty of 3% of gross revenues on an ongoing basis once commercial scale operations have been achieved.

Budget

The budget for the Projects is presented in the link below.

Referral Fee

The Company has agreed to pay a project referral fee to a consultant totalling 250,000 ordinary shares.

Program

The Company has formed a steering group consisting of the Company's CEO, Michael Schlumpberger and Strategic Advisor, Jerry Aiken to determine the work program. It is expected this program will be prepared over the coming weeks with the expectation of works on site commencing in the second half of this year.

To view figures, please visit:
http://abnnewswire.net/lnk/KUIU2JC0

To view the Video Audio, please visit:
http://www.abnnewswire.net/press/en/93305/abr

For further information contact: 

Michael X. Schlumpberger
Managing Director
Ph: +1-442-292-2120

Anthony Hall
Executive Director
Ph: +61-417-466-039

Simon Hinsley
Investor Relations
Ph: +61-401-809-653

DroneShield Ltd (ASX:DRO) (OTCMKTS:DRSHF) provides 2018 Chairman's Address to Annual General Meeting.

Good morning ladies and gentlemen. My name is Peter James. I am the Independent Non-Executive Chairman of DroneShield Limited. On behalf of the Board, it is my pleasure to welcome you to the 2018 Annual General Meeting.

It is now 9:00am and there being a quorum present, I declare the meeting open for business. I confirm that the meeting has been properly constituted.

I would like to introduce you to Oleg Vornik, our CEO and Managing Director. Oleg has significant commercial and financial expertise in senior roles with a number of global businesses, and has been successfully translating this experience to DroneShield for over two and a half years.

Also present is Robert Clisdell, Non-Executive Director, whose experience has centered on corporate finance and mergers and acquisitions over the past fifteen or so years.

Unfortunately, Non-Executive Director Bradley Buswell who is based in the US, wasn't able to attend today's AGM and we have received an apology.

Also present are the Company's auditor, Aidan Smith of HLB Mann Judd, the Company Secretary, Dean Jagger of Whittens & McKeough, and the Company's Chief Financial Officer Claire Newey.

The agenda for today's meeting is as follows:

- I will provide the Chairman's address;

- following which, we'll proceed to the more formal matters to be considered today, as set out in the Notice of Meeting that was despatched to all shareholders on 27 April 2018.

- Mr Vornik will provide an update on the business and the outlook for 2018; and

- finally, there will be an opportunity for questions and discussion.

After the meeting has closed, I invite you to stay for tea and coffee and our Directors and executive staff who are here today can answer any further questions you might have.

I am pleased to present to you today my review of 2017, the second year both as Chairman and for DroneShield as a publicly listed company, and an overview of DroneShield's prospects going forward.

2017 has been a transformational year for the Company in terms of its product development. While the Company started with a proprietary acoustic drone detection product, it recognised early on that the future of the drone security industry lay in the so-called "sensorfusion" - i.e. multiple detection and mitigation methods. To that end, in 2017, the Company rolled out its multi-sensor detect and defeat DroneSentinel(TM) product, utilising acoustic, radar, radio frequence and optical and thermal camera detection modules. Additionally, the Company rolled out DroneSentry(TM), a product which includes all of the above plus a jamming interdiction module.

These are complex "fixed-base" or stationary multi-hundred thousand dollar systems. At the lower end of the market, 2017 has seen significant progress in the Company's development of its DroneGun(TM), a portable rifle-shaped drone jammer, culminating in the release of DroneGun Tactical(TM) in early 2018. DroneGun(TM) has been through a number of customer trials, and DroneGun Tactical(TM) incorporates a substantial amount of end-user feedback, in response to operators' requirements.

Governmental procurement cycles are long, and as a result the Company has achieved very modest sales to date. However, we are confident of improvements in the Group's financial results. We have laid a strong foundation for this business, with a product offering that is unique and responsive to the end-user requirements.

We are supported by significant industry tailwinds. The need for DroneShield products, and customer awareness of that need, continue to grow quickly, with almost daily drone incidents globally across all verticals that we cover - military, prisons, law enforcement, airports, events, critical infrastructure and VIP security. As the governmental agencies on the ground recognise the looming issue of drone security, governments are responding by allocating budgets to the issue, and requesting proposals and issuing tenders. Together with its global distributor network in 50 countries, DroneShield has been responding to these. As a result, DroneShield has a substantial sales pipeline, pursuing dozens of potential contracts and progressing these potential sales through demonstrations and tenders, ultimately, to product acquisitions. These dominoes have started to fall. For instance, the first order for DroneSentinel(TM) was placed in the recent couple of months, and the first governmental tender, that from the Paraguyan military, was won by DroneGun(TM) in late 2017. Other high profile 2017 and early 2018 deployments of our products have included the Winter Olympic Games, the Commonwealth Games, the IRONMAN World Championship in Hawaii, and the ASEAN - Australia Summit. In an industry that did not exist until just over a couple of years ago, we are a clear leader, achieving sales and customer recognition.

DroneShield continues to take place in marquee defence events globally through Team Defence Australia, and support from Austrade offices around the world. The Australian Government's Defence Export Strategy has been of significant benefit to the Company, with assistance continued to be provided through Government to Government channels.

We are also continuing to engage with a number of larger defence and security companies globally, both in terms of product and sales partnerships and corporately. These industry participants recognise the need to offer a product that addresses their governmental customers' drone security concerns and are seeking to "bet" on a winner in our niche. As we progress our sales and market share, these discussions are likely to come into more focus.

The company has no debt, and a balance sheet of approximately $3.8m as at the end of March. We are progressing through 2018 with a confident outlook.

I am very proud of the achievements of the company to date. I would sincerely like to thank the hard work and effort of our Board of Directors, our CEO and Managing Director Oleg Vornik and his executive team. We appreciate the invaluable contribution of our loyal and dedicated employees, my fellow shareholders, our global network of distributors and of course the tremendous support of our customers.

To view 2018 AGM Presentation, please visit:
http://abnnewswire.net/lnk/9612RYVV

DroneShield Limited
Phone: +61-2-9995-7280
Email: investors@droneshield.com

Collaborate Corporation Limited (ASX:CL8) (Collaborate or the Company) is pleased to announce that its DriveMyCar business unit has today signed an agreement with Vicgarden Parking Pty Ltd trading as Busy Beaver Airport Parking to expand the services provided by RACV DriveMyCar in Melbourne. Busy Beaver has an existing relationship with RACV, providing airport parking benefits to RACV members.

Through this agreement RACV DriveMyCar will provide Tullamarine airport pick up options for rental cars at Busy Beaver Airport Parking 24 hours a day, 365 days a year including a complimentary 6 minute shuttle bus to and from the airport.

In addition, RACV DriveMyCar will now offer a ManageMyCar service enabling RACV members and other Victorian vehicle owners to have rental of their vehicles managed on their behalf including rental handovers and storage between rentals. This will provide a full service model to vehicle owners who wish to earn income from their vehicle while they are not using it for extended periods including extended holidays and working overseas or interstate.

Promotion of the rental pick up and ManageMyCar services from Tullamarine airport will commence in June through RACV channels and DriveMyCar marketing nationally.

Chris Noone, Collaborate CEO said "This new relationship with Busy Beaver builds upon our existing relationship with RACV and provides a solid foundation for ongoing growth in vehicle supply and demand by offering a comprehensive service in the Victorian market."

Chris Noone
CEO and Director
Collaborate Corporation Limited
Tel: +61-2-8889-3641
E: shareholder@collaboratecorp.com 
W: www.collaboratecorp.com

Impact Minerals Limited (ASX:IPT) is pleased to announce that it has acquired an option to purchase 95% of an advanced conglomerate-hosted gold project from Rock Solid Holdings Pty Ltd with previous production of about 185,000 ounces of gold from small shafts and related underground workings close to the company's 100% owned Clermont epithermal gold project in central Queensland (see Figure 2 in link below). In addition Impact has applied for one adjacent 100% owned exploration licence for a total area of 91 square kilometres and together called the Blackridge Gold Project.

- Option to Acquire Advanced Conglomerate-Hosted Gold Project near Clermont in Queensland

- Sale of Pilbara Gold Project to Pilbara-focussed Pacton Gold Inc

The acquisition of this new project follows a search by Impact for conglomerate-hosted gold projects outside of the Pilbara utilising the Company's in-house understanding of such deposits.

In addition, Impact has reached an agreement to sell its Pilbara gold project following an approach by Pacton Gold Incorporated, a company listed on the Toronto Venture Exchange (CVE:PAC) and focussed on conglomerate-gold exploration in the Pilbara.

Impact Minerals' Managing Director Dr Mike Jones said: "These transactions confirm our belief in the potential for the discovery of another major conglomerate-hosted gold deposit in Australia following the extraordinary discovery by Novo Resources Corporation and Artemis Resources Limited in the Pilbara, the magnitude of which is still poorly understood by most."

"In the late 1800's and early 1900's the Blackridge area in Queensland produced over 185,000 ounces of gold from Permian conglomerates down to about only 70 metres below surface and we believe, based on the on-going work in the Pilbara by Novo, previous explorers have potentially significantly underestimated the nugget effect. This is an excellent acquisition for Impact's shareholders" he said.

"In addition we have recently met with the management and backers of Pacton Gold and were impressed with their track records, their business plan for conglomerate-gold exploration in the Pilbara and also their ability to raise significant capital. This includes CAD$2 million from Eric Sprott, a major direct and indirect shareholder in Novo Resources, as part of a CAD$5.5 million raising" Dr Jones said.

"Given the advanced nature of our new Queensland project, it is only appropriate that we focus our conglomerate-gold exploration activities there whilst still retaining significant upside in the Pilbara in the form of a valuable shareholding in Pacton, a potential Discovery Bonus and a royalty."

Highlights of Option to Acquire the Blackridge Project, QLD

- Option to acquire 95% of 4 Mining Lease Applications and 1 Exploration Licence from Rock Solid Holdings Pty Ltd, an unrelated private company.

o $30,000 option fee for 18 month exclusive evaluation.

o $200,000 to purchase a 95% interest in the licences.

- Impact also stakes one new adjacent 100% owned licence for a combined area of 91 sq km and together called the Blackridge Gold Project.

- Previous production >185,000 ounces of gold from basal conglomerates from surface to depths of up to 70 metres in old shafts.

- Gold nuggets panned from the basal conglomerate by Impact at surface (see Figures 1 and 3 in link below).

- Extensive areas of poorly explored basal conglomerate at surface.

- Previous drilling demonstrates gold-bearing conglomerates and black shale beds at about 100 metres below surface and at least 2 kilometres down dip from surface.

- 23 kilometres of strike and 37 square kilometres of prospective basal conglomerate on Impact's licences.

- Previous exploration has potentially greatly underestimated the nugget effect.

- Bulk sampling programmes required.

Key Points of Sale of Pilbara Gold Project to Pacton Gold Inc.

- Sale of 100% of Pilbara gold project (E45/4971-72-73; E46/1171-72; and E46/1188-89) to Pilbara-focussed Pacton Gold Inc.

- CAD$350,000 cash to Impact and 2.125 million shares in Pacton (current value A$1.7 million).

- CAD$500,000 cash for discovery of an Inferred Resource >250,000 oz of gold.

- 2% NSR: Pacton have the right to buy-back 1% for CAD$500,000.

- Subject to a Final Share Sale Agreement and Approval by the TSX:V.

IMPACT'S CORPORATE STRATEGY

Over the past few years Impact has generated and acquired a first class portfolio of 100% owned exploration projects in some of Australia's most prolific mining regions as follows:

Commonwealth Project: 1,000 sq km in the Lachlan Fold Belt in New South Wales prospective for gold and copper deposits and where drilling will commence by the end of June.

Clermont Project and the new Blackridge Project: 161 sq km in the Drummond Basin (and underlying basement) in Queensland and prospective for epithermal and conglomerate-hosted gold deposits (see Figure 2 in link below).

Broken Hill Project: 718 sq km in the Broken Hill region prospective for deposits of silver-lead-zinc, nickel-copper platinum group metals and copper-cobalt-gold.

Mulga Tank Project: 510 sq km in the Yilgarn region of Western Australia prospective for gold and nickel deposits.

Pilbara Gold Project: 1,126 sq km in the Pilbara region of Western Australia prospective for conglomerate-hosted gold in the Hardey Formation and sub-Mt Roe Basalt position.

Impact's intention has always been to add value to these projects, focus on the most advanced and, where appropriate, search for well funded partners on the least advanced. The requisite partners were not available during the recent 5 to 6 year downturn in the resources sector.

The sale of the Pilbara project, following an approach by Pacton Gold, is now a justification of Impact's longer term strategy. Pacton is very focussed on gold exploration in the Pilbara and has assembled a large prospective ground-holding in the region. In addition Pacton is well funded for its work following a recent CAD$5.5 million capital raising which includes a CAD$2 million investment from well known mining investor Eric Sprott, who is also a major direct and indirect holder of shares in Novo Resources Corp.

Impact's funds will be directed in the short term to immediate follow up drilling at the Commonwealth Project, scheduled to start by the end of June, as well as drilling at the Clermont Project and initial exploration at Blackridge, both in Quarter 3 this year.

Partners are being sought for Impact's other projects with some exploration continuing where appropriate and to maintain the licences in good standing.

DETAILS ON THE BLACKRIDGE GOLD PROJECT

Impact Minerals has acquired an option from Rock Solid Holdings Pty Ltd, an unrelated private company,to purchase a 95% interest in one exploration permit (EPM 26066) and four mining lease applications (ML 100158, 59, 60 and 61) that cover the Blackridge and Springs gold mining camps which were discovered as part of an early gold rush north of Clermont commencing in about 1862 (see Figures 2 and 3 in link below).

Recorded production from the Blackridge area from 1879 to the early 1900's is reported by the Geological Survey/Department of Mines in Queensland to be at least 185,000 ounces of gold. Virtually all of this gold has come from within the licences optioned by Impact or within the Company's new exploration licence application (see Figure 3 in link below). Further discoveries were made in the Clermont region including the Springs field in the 1930's and the total production from conglomerates in the region is estimated by the Survey to be more than 300,000 ounces of gold.

The gold was mostly hosted in basal conglomerates of Permian-aged sedimentary basins which include the mined coal measures that unconformably overlie the Anakie metamorphic rocks of Middle Ordovician age and older (see Figures 2 and 3 in link below).

The basal conglomerates at the unconformity are reported to contain most of the gold. Average mining grades at Blackridge were between 10 g/t and 20 g/t gold with higher grades of up to 10 ounces per tonne (320 g/t) gold in places, for example at the Bantam shaft (see Figure 3 in link below) as recorded by Lionel Ball of the Geological Survey of Queensland. Ball completed detailed studies of the gold field at Blackridge in a report published in 1905 (Geological Survey of Queensland Publication No. 201: publicly available).

Figure 4 (see link below) is a coloured reproduction of a figure from Ball's report showing the distribution of gold within the basal six feet (1.8 metres) of sedimentary rock at the Bantam shaft (see Figure 3 in link below). There are high grades of gold throughout the sequence with very high grades of up to 10 ounces per tonne in the basal conglomerate "wash" which also contains narrow units of black shale.

These "black shale" layers may be small scale and discontinuous equivalents to some of the "carbon leaders" in the Witwatersrand Basin.

Of note, gold has also been reported in places from the overlying Permian coal beds including Blackridge (see below and Figure 6 in link below) and also including the fly ash from nearby Blair Athol coal mine. However these occurrences have not been systematically evaluated.

Previous Modern Exploration at Blackridge

Extensive exploration occurred at Blackridge in the late 1980's and early 2000's but with little completed since that time.

The most comprehensive exploration work was completed by Denison Resources Limited (Herbert, 1989: Geology and Gold Potential, Blackridge, Clermont, Queensland #CR20347) and included extensive RC drilling, opening up of some of the underground workings, bulk testing, mineralogy, geochemistry and isotope analysis.

A key outcome of Denison's work is that the gold may be related to a delicate interplay between sedimentary and hydrothermal processes. Figure 1 (see link below) shows that many of the nuggets have water and or wind worn edges to them and these are clearly transported clasts. They are similar in some respects, although generally smaller than, some of the nuggets from the Pilbara discovered by Novo-Artemis.

However Dension also presented evidence of hydrothermal alteration throughout the lower sedimentary pile and this may have played a role in the formation of some of the gold.

Impact is now undertaking a synthesis and review of this and other previous exploration data. Some pertinent details and previous Exploration Results are given below.

Cautionary Statement

Investors should note that all previous Exploration Results at Blackridge were completed in the 1980's and early 2000's and accordingly were not reported in accordance with the 2012 JORC Code.

Impact' Competent Person has not done sufficient work to disclose the Exploration Results in accordance with the JORC Code 2012. It is possible that following further evaluation and/or exploration work that the confidence in the prior reported Exploration Results may be reduced when reported under the JORC Code 2012.

Nothing has come to the attention of Impact that causes it to question the accuracy or reliability of the previous Exploration Results. However Impact has not independently validated the previous results and therefore is not to be regarded as reporting, adopting or endorsing those results.

However, it is Impact's opinion that the work was done diligently and in accordance with best practices at the time. Indeed, the associated reports lodged by Denison (#CR20347) are some of the most comprehensive company reports submitted to any state Government department Impact has come across.

Accordingly it is Impact's view that these are material Exploration Results that require reporting. The Exploration Results have not been used in any estimate of Mineral Resources, of which there are none at Blackridge.

Evidence for a Significant Nugget Effect at Blackridge

Impact's evaluation of the Blackridge Project suggests that there may be a significant nugget effect in previous exploration drilling results which may have potentially led to an underestimate of the gold present in the sedimentary units there.

Work by Novo Resources in the Pilbara has demonstrated an extreme nugget effect associated with the conglomerate-hosted gold in that region and indeed exploration is more akin to diamond exploration with a requirement for very large bulk samples (currently in excess of several tons).

Denison completed a number of Reverse Circulation (RC) drill holes on several traverses ay Blackridge. On selected one metre samples, a split of about 25% of the sample was sent for Screen Fire Assay for gold. The remaining 75% of the sample was processed manually by sluicing and panning to produce a concentrate with the number of gold "colours" then counted for each 1 metre interval sampled. The grade of each sample was back-calculated by accurately weighing the hand picked recovered gold colours and comparing that to the original weight of the sample.

Figure 5 in link below shows a comparison of the two methods for the 66 samples where both methods were completed by Denison. It is clear that there is a very poor correlation between the two methods which demonstrates the extreme "nugget effect" typical of gold deposits containing coarse gold.

In detail, there are 55 screen fire assay samples below detection limit 0.01 g/t (shown as 0.002 g/t gold) which returned gold values above 0.01 g/t and up to 12.5 g/t gold by the calculated method. This is most likely because more nuggets are recovered from the larger sample size in the calculated method.

In addition, the entire RC drilling-sluicing-panning method was probably very prone to poor sampling quality for reasons including, but not limited to: poor weighing procedures; poor sample/nugget recovery from the RC process; loss of fine gold not visible to the eye or inaccurately identified; and poor chain-of-security measures during the panning process.

In all these cases there is the potential for an underestimation of the gold grade.

Despite these sampling issues, Figure 6 (see link below), taken from Denison's report, shows that the RC drilling demonstrated the presence of reasonably continuous gold-bearing sedimentary units over a distance of 1.2 kilometres on a cross-section which itself lies about 2 kilometres down dip to the northwest from the surface outcrops. Evidently the conglomerate that hosts the gold is present over a very large area within Impact's licences. The relevant drill collars for this section are given in the table at the end of this report (see link below).

Gold grades reported by Denison in the basal units near the unconformity of up to 1 m at 11.9 g/t gold are good evidence for high grade lenses at depth as illustrated at the Bantam shaft (see Figure 4 in link below). In addition, there is significant potential closer to surface for gold hosted by carbonaceous black shale horizons which returned calculated gold grades of up to 2 m at 12.6 g/t gold (see Figure 6 in link below). The screen fire assay for these samples returned 0.75 g/t gold and less than the detection respectively (see Figure 5 in link below).

In addition the time and cost involved in the nature of the sampling caused Denison to be selective in their sampling and there are clear indications in Figure 6 (see link below) of multiple gold-bearing horizons that have not been sampled.

Accordingly it is possible that previous work has significantly underestimated the amount of gold present at Blackridge and that higher grades may be delineated with an appropriate sampling methodology. Many of these procedures are currently being developed by Novo Resources in the Pilbara with good success.

Refining sampling and drilling techniques at depth will be the key to successfully delineating significant gold resources at the Blackridge Project.

Exploration Potential Along Strike

In addition to the option to acquire Exploration Permit 26066 which covers 9.6 square kilometres and four mining lease applications ML's 100158, 59, 60 & 61 that cover 2.7 square kilometres at Blackridge, Impact has lodged Exploration Permit Application 26806 that covers a further 79.3 square kilometers over the Springs gold mining area and extensions to the conglomerate channel beneath recent sand and gravel and Tertiary basalt along strike to the southeast (see Figure 3 in link below).

This tenement holding now covers at least 23 strike kilometres of Permian basins with the highly prospective gold-rich basal unconformity interpreted to be preserved at depth over at least 37 square kilometres. Most of this area has never been drilled.

Next Steps at Blackridge

The review and synthesis of previous exploration data at Blackridge is on-going. In addition compilation of previous production data and historical maps from the early 1900's is in progress to more accurately assess the likely positions of the richer portions and palaeochannels of the Blackridge gold field. Once complete, areas will be selected for detailed mapping and bulk sampling.

This work will be undertaken concurrently with the drill programmes scheduled for Commonwealth and Clermont over next few months.

TERMS OF THE SALE OF THE PILBARA GOLD LICENCES

Under the terms of the binding Letter Of Intent (LOI) with Pacton Gold Inc, a Share Sale Agreement will be formalised between Pacton and Impact for the purchase by Pacton of a 100% ownership interest in Impact's wholly owned subsidiary Drummond East Pty Limited. Drummond East holds seven 100% owned granted Exploration Licences E45/4971-72-73; E46/1171-72; and E46/1188-89. The total consideration to be paid by Pacton to Impact for the purchase will be CAD$350,000 and 2,125,000 common shares of Pacton as follows:

- CAD$25,000 on signing of the LOI (completed);

- CAD$75,000 on the later of the signing of the formal agreement or approval by the TSX Venture Exchange (TSX:V);

- CAD$250,000 and 2,125,000 common shares in Pacton Gold Inc on Completion of the Share Sale Agreement. The Pacton shares will be subject to a four month escrow period;

- CAD$500,000 if an Inferred Resource of 250,000 ounces or greater is discovered on the licences;

- A 2% NSR with Pacton retaining the right to buy back 1% of the royalty for CAD$500,000 at anytime.

This transaction is subject to the approval of the TSX Venture Exchange. It is anticipated that Completion will occur within two months.

Impact also will provide on-going technical advice to Pacton's team and looks forward to working with them as exploration in the Pilbara progresses.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/NSGDG69R

Dr Michael G Jones
Managing Director
Impact Minerals Limited
T: +61-8-6454-6666
E: info@impactminerals.com.au

Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or "Company") advises that the $3.9 million one for twenty-two renounceable rights issue (Rights Issue) as announced on 4 May 2018 closed on 24 May 2018.

Applications were received under the Rights Issue for a total of 22,484,154 fully paid ordinary shares for a total subscription amount received of $1,146,692. This comprises 20,452,943 entitlement shares and 2,031,211 additionally subscribed shares.

Pursuant to the ASX Listing Rules, the Company gives notice of a shortfall in subscriptions of 54,474,889 shares (Shortfall Shares).

Under the terms of the Rights Issue, the Company has the right to place any or all of the remaining Shortfall Shares within three months after the Closing Date (i.e. by 24 August 2018) on the same terms as the Rights Issue.

The Company will issue and allot all New Shares and Options on Thursday 31 May 2018.

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

Cryptocurrency Exchange Binance.com (CRYPTO:BNB) will open trading for CVC/BNB (CRYPTO:CVC), CVC/BTC and CVC/ETH trading pairs at 2018/05/28 09:00 AM (UTC). Users can now start depositing CVC in preparation for trading.

Introduction

Civic is a decentralized identity ecosystem that allows for on-demand, secure and lower cost access to identity verification via the blockchain. Through a digital Identity platform, users to set up their own virtual identity and to store it along with their personally identifiable information on the device. This information will go through a verification process conducted by the identity validators on the platform and then ported into the blockchain where service providers can access it with the proper permission from the user.

CVC is an Ethereum-based token used by service providers that are looking to acquire information about a user. These can make a payment in CVC. The smart contract system employed will then see funds delivered to both the validator and the identity owner (user).

Max Supply: 1,000,000,000 CVC

Circulating Supply: 342,699,966 CVC

Issue Price: $ 0.100000

To view the Whitepaper, please visit:
http://abnnewswire.net/lnk/8P46V9UF

Civic
WWW: www.civic.com

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

Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) Executive Chairman is interviewed by ABN Newswire in Sydney regarding the recent advances in the progress of the company with its Yangibana Rare Earth Project.

Mr Lew talks about the recent offtake agreement, the near term development of the mining infrastructure, the construction of accommodation units and the long term financials around the project.

With German and Chinese off-take agreements forming, the company has the majority of early production material "sold off the plan".

To view the video interview, please visit:
http://www.abnnewswire.net/press/en/93291/has

Charles Lew
Executive Chairman
T: +65-9790-9008

Guy Robertson
Finance Director
T: +61-9078-7674

BIG Un Limited (ASX:BIG) (OTCMKTS:BGGNF) (or 'BIG') wishes to inform stakeholders and the market that, whilst the search for a new CEO is being conducted, effective 28 May 2018 Mr Nicholas Jordan has been appointed as Executive Chairman of BIG by the Board. Mr Jordan will be working closely with existing management teams of the BIG subsidiary companies, and is continuing to conduct negotiations with all relevant stakeholders during this transition period. There has been no change to Mr Jordan's remuneration arrangements.

Corporate Enquiries
Sonia Thurston
Executive Director
E: sonia@bigreviewtv.com