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Hastings Technology Metals Ltd (ASX:HAS) Board Changes and Senior Management Appointment

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Hastings Technology Metals Limited (ASX:HAS) ("Hastings" or the "Company") announces that Mr Guy Robertson has retired from his role as Non-Executive Director and Joint Company Secretary following the 2018 AGM. Mr Robertson has served as Non-Executive Director and Company Secretary since 2011 and during this time has helped guide Hastings through a period of significant exploration success.

Mr Robertson has been succeeded by the appointment of Mr Neil Hackett as Non-Executive Director and Company Secretary. Neil has over 20 years' ASX director, company secretary and senior executive experience in mining, industrials and funds management industries and a further 10 years corporate experience with the ASIC. Neil is currently Non-Executive Chairman of ASX listed lithium and gold explorer Ardiden Limited, Non- Executive Director of ASX listed oil and gas explorer Calima Energy Limited, Council Member of John XXIII College and Independent Board Advisor and Company Secretary to Footwear Industries Pty Ltd (trading as Steel Blue Boots). Neil holds a Bachelor of Economics from the University of Western Australia, post-graduate qualifications in Applied Finance and Investment, and Financial Planning, is a Graduate and Facilitator with the AICD and is a Fellow of FINSIA.

The Board of Hastings also welcomes the appointment of Mr Andrew Reid as Chief Operating Officer. Andrew has 25 years of expertise in mine management with experience in construction, commissioning and plant operation. Andrew has developed and managed mining projects in West Africa and Finland and was previously COO of Finders Resources Ltd, GM of Kevista Mine and First Quantum Minerals.

Charles Lew, Executive Chairman of Hastings commented that "I am very appreciative of the support and guidance over the last 5 years from Guy Robertson and welcome Neil Hackett whose qualifications and experience will make him a valuable addition to the Hastings Board. In addition, the arrival of Andrew Reid adds further depth to the management team."

Hastings Technology Metals Ltd
E: info@hastingstechmetals.com
WWW: www.hastingstechmetals.com

Environmental Clean Technologies Ltd (ASX:ECT) Chairman's Address to Shareholders

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Environmental Clean Technologies Ltd (ASX:ECT) provides the Company's Chairman Address to Shareholders.

Welcome Fellow Shareholders,

I'm pleased to be reporting to you after a significant year of development for our Company.

It's been a long road for the Company and you all, our shareholders, however we've made several important advances in the past year which will be touched on here and in the following presentation.

Notably, on 30 May we signed the MOU which set the direction for the largest ever research and development (R&D) collaboration between Australia and India.

And while the past year has entailed additional layers of process as we reach 'financial close', shareholders will recognise that to be successful in India requires a high level of on-the-ground engagement and disciplined diplomacy, in addition to patience with polite persistence.

India has been our most important objective and for that we make no apologies about the focus and concentration of resources we have directed to finalising this initiative. Delivering on our promised first deal is critical to all other initiatives going forward and sets the baseline for management's ability to India is full of opportunity - growth rates of 8.5%, one of the largest populations in the world and the largest population of young people under 25, who are highly educated, speak fluent English and will become the middle-class consumers that will drive India to being a powerful consumer market to rival China.

Despite this, there are necessary reforms yet to take place, which still make it a complex place to do business as a foreign company. But this is changing, and we are seeing the effect of reforms like GST, and changes to insolvency and bankruptcy laws in India which evidence that the Government has the will to change and following suite are companies like NLC and NMDC showing great dedication towards global best practise in many areas of how they do business.

With that in mind, this year's strategic objectives have been guided by the following themes:

1. Evidence Adoption - Apply our technology to commercial projects

2. Secure Value - Improve our development and protection of our technology

3. Demonstrate Value - Reach operational revenues to underpin the economic sustainability of 1 & 2 above

Consistent with our 3-year strategic plan, our objectives cover:

1. Commercialisation

1.1. Commercialise the Coldry technology

1.2. Commercialise the Matmor technology

2. Innovation and Market Development

2.1. Continual development and leverage of existing technologies

2.2. New and evolving technologies and markets

3. Corporate Capacity and Capabilities

3.1. R&D program management & administration

3.2. Capital, finance and resource management

3.3. Communications, marketing and stakeholder engagement

3.4. Governance, risk and compliance

This has manifested in the following key result areas:

1. Progressing our Indian project and making way for feasibility of new projects.

2. Improving large-scale R&D capability and processing efficiency at our Bacchus Marsh facility

3. Developing markets with near-term revenues for our products and projects

4. Restructuring the organisation and right-sizing roles and responsibilities

5. These key result areas (KRA's) and the relevant Key Performance Indicators (KPI's) of each staff member, give us the day to day focus as we embark on the challenge of meeting our strategic objectives.

India Project

This world-first collaboration involves the joint development of our Coldry and Matmor technologies via a research and development (R&D) project in India to the value of ~AUD70M.

The objective of the project is to successfully deploy a pilot scale integrated Coldry-Matmor plant as a prelude to broader commercial rollout in India and globally.

Our partners in the project, NLC India Limited (NLCIL) and NMDC Limited (NMDC) are Indian government public sector undertakings (PSU's) with a combined market value of ~$10 Bn.

NLCIL is India's lignite (brown coal) custodian, with an extensive mining and power generation portfolio.

NMDC is India's largest iron ore miner and the 10th largest iron ore miner in the world, producing over 35 million tonnes in 2017.

NLCIL and NMDC will each contribute 50% of the ~AUD30 million project capital cost in return for a 51% stake in the project entity.

As we stand today, with NLC board approval in hand, we await the NMDC board approval after which our India project is poised to proceed through to 'financial close' upon signing of the detailed Research Collaboration Agreement (RCA).

Following 'financial close' our partners, NLCIL and NMDC will release funding in parallel with ECT providing the Project Bond and the project will commence, ushering in the transition from project development, to project execution.

We all agree that delivering this project has been the most important objective for our Company, and the team has worked diligently to achieve this outcome.

Bacchus March High Volume Test Facility (HVTF)

Our facility, located 50km northeast of Melbourne on the outskirts of the town of Bacchus Marsh, has been the focus of our fundamental and applied research and development for both Coldry and Matmor since 2006.

Its importance has continued to grow over the past year, with ongoing testing and improvement of our technologies. Our facility not only allows us to generate new knowledge, it also allows us to do so in an environment where we have a high level of control and protection over the test work that leads to new discoveries and future value.

Our Coldry facility has been re-engineered to be productive and efficient enough to provide the closest approximation we can currently achieve at small scale, of a commercial application of Coldry, with the intention that the resultant product from our research and development activities is able to be sold as solid fuel into end-user demonstration projects and other commercial customers.

Progress with the Bacchus Marsh plant and the subsequent delivery of our R&D programs ensure that the intellectual property that we currently have under patent protection will be rigorously tested and continually improved.

Our technology suite features vertical and horizontal integration across our proprietary processes and equipment. This approach is intentional, allowing us to develop further intellectual property within the protective framework of our pre-existing technologies and know-how.

The Bacchus Marsh HVTF provides the essential infrastructure and apparatus to further develop and refine our intellectual property through on-going R&D as well as prepare for, and support, data collection and project specific designs for future demonstration and commercial projects.

Over time, our research has led to the accumulation of a more sophisticated and detailed understanding of underlying processes which has, in turn, led to new intellectual property, particularly around the Packed Bed Dryer (the 2012 Design for Tender program with engineering firm Arup).

More recently, the innovation process has led to new discoveries around the chemical reactions underpinning Matmor, resulting in two new technologies; HydroMOR and COHgen.

HydroMOR is the subject of an international patent application (PCT) lodged last November (2017), while fundamental research activity has commenced on our newest discovery, COHgen, with the aim of lodging a provisional patent in due course.

As we head into 2019, our HVTF continues to provide critical support to our R&D programs that will allow us to continue pursuing IP protection as we develop our technologies.

Developing markets for our products and projects

Supported by our ongoing R&D effort, and consistent with our commercialisation strategy, ECT continued a period of establishing operational revenues to underpin the feasibility of our technology suite.

Last year we began developing markets that have near-term potential for generating operational revenues.

Over this period, in tandem with the upgrade programs at the HVTF, we developed a pipeline of sales leads, culminating in our announcement during July of a $1.3 million five-year deal to provide a turnkey solution for 'steam services' for a Victorian customer.

The deal includes the end-to-end delivery of steam including ongoing operation and maintenance. Importantly, it will run on Coldry solid fuel produced from our HVTF at Bacchus Marsh.

We're currently engaged with several other existing and potential customers to develop a similar solution and anticipate that over the coming year, we will continue to develop local opportunities, improve our operational capabilities and establish contracts for the supply of solid fuel pellets and turnkey boiler and steam solutions.

Building on our endeavours in the local market for utility-scale heat applications, the economic landscape in Victoria has become increasingly conducive to larger scale deployment of our Coldry technology, justifying further exploration of the broader market.

Last year (September 2017) we commenced the early stages of a feasibility study for a commercial scale, zero emissions, solid fuel pellet (Coldry) demonstration plant in the Latrobe Valley. We partnered with the owners of Yallourn mine and power station, Energy Australia, narrowing down the site options and identifying integration requirements. This led to a compelling business case, providing a clear path for increased capacity beyond our HVTF.

Progress on this feasibility study was suspended whilst we dedicated resources to completing the India deal but as was announced on the 28th of November, we have restarted the next stage of feasibility. If a project were to proceed on the basis of this feasibility, it would become the largest, most environmentally friendly, economical gateway to upgraded brown coal in Australia and with the current State Government policy statement of the "Future Use of Brown Coal", ECT is in a good position to test Coldry's application on our local market.

A Coldry plant in the Latrobe Valley would aim to not only improve energy affordability and reliability to businesses threatened by rising electricity and natural gas costs, but also help realise the potential of brown coal in Australia for prospects such as High- Efficiency Low Emissions (HELE) power plants, low emission hydrogen production, fertiliser production and other downstream chemical conversion methods.

As we approach 'financial close' for our India project and advance local market opportunities we look forward to continuing all these efforts through 2019 and on behalf of the board of directors, executive and staff, we thank you, our shareholders for your continued, invaluable support.

To view the AGM Presentation, please visit:
http://abnnewswire.net/lnk/1J22CQ69

Glenn Fozard
Chairman
Environmental Clean Technologies Ltd
E: info@ectltd.com.au
WWW: www.ectltd.com.au

MMJ Group Holdings Ltd (ASX:MMJ) MediPharm Labs (CVE:LABS) Enters Contract with Canopy Growth

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MMJ Group Holdings Limited (ASX:MMJ) (OTCMKTS:MMJJF) ("MMJ") is pleased to attach a copy of a news release announcing that MediPharm Labs Inc ("MediPharm Labs") (CVE:LABS) has entered into an 18-month strategic supply agreement with Canopy Growth Corporation ("Canopy Growth") (TSE:WEED) (NYSE:CGC).

MMJ owns 4.4 million shares for a 4.6% shareholding and 2.9 million warrants (exercisable at CAD$1.20 per share by October 2020) in MediPharm Labs.

To view the news release, please visit:
http://abnnewswire.net/lnk/158CLC02

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

MMJ Group Holdings Ltd (ASX:MMJ) Harvest One (CVE:HVT) Q1 2019 Results

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MMJ Group Holdings Limited (ASX:MMJ) (OTCMKTS:MMJJF) ("MMJ") is pleased to note the attached news release by Harvest One Cannabis Inc. (CVE:HVT) ("Harvest One") announcing record revenues for the first quarter of fiscal 2019.

MMJ owns 55,557,994 shares in Harvest One for a 30.5% shareholding.

To view the news release, please visit:
http://abnnewswire.net/lnk/D52P4GE7

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

New Energy Minerals Ltd (ASX:NXE) Transaction Completed with Strategic Investor

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New Energy Minerals Limited ("New Energy", the "Company) (ASX:NXE) (FRA:GGY) announces that the strategic investment and joint venture transaction with Hong Kong-based investor UBezTT International Investment Holdings (BVI) Ltd (or Nominee)("UBezTT") has now been completed(see Note below).

Pursuant to the transaction, New Energy completed a A$1.5million placement in two tranches to UBezTT at $0.065 per share for a total of 23 million shares, which is a premium to the current share price. Shares were issued to UBezTT under the Company's existing ASX LR7.1 and LR7.1A placing capacity. Please see Appendix 1 (see link below) for further disclosures in relation to ASX LR 3.10.5A.

In addition to the placement, the A$3.5 million equity investment by UBezTT in Balama Resources Pty Ltd ("Balama") has been concluded in return for 50% of the enlarged capital of Balama. Balama is the holder of an 80% interest in the Caula Vanadium-Graphite project. All funds in relation to the placement and the Balama investment have been received by the Company and all relevant shares issued.

New Energy Minerals Managing Director Bernard Olivier Commented: "We are pleased to have completed this transaction and we welcome Mr Ching's investment into New Energy. With the scoping study now completed, we look forward to applying these funds to fast-tracking the development of the Caula Vanadium Graphite Project".

Note: Refer to ASX Announcement dated 7 November 2018 for full details of the transaction

To view the Appendix, please visit:
http://abnnewswire.net/lnk/YS1ND7R4

New Energy Minerals Limited
Bernard Olivier
Managing Director
E: bernard@newenergyminerals.com.au
M: +61-4-08948-182
T: +27-66-4702-979

Jane Morgan Management
Jane Morgan
Media & Investor Relations
E: jm@janemorganmanagement.com.au
T: +61-405-555-618

Mithril Resources Limited (ASX:MTH) Spargos Reward Scoping Study

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Mithril Resources Ltd ("Mithril" or the "Company") (ASX:MTH) advises that a Positive Scoping Study has been completed for the Spargos Reward Gold Deposit by Perth-based public unlisted company Corona Minerals Limited ("Corona"), Mithril's exploration partner at Spargos Reward.

Spargos Reward is located 30 kilometres west of Kambalda, WA and lies within ML15/1828 which is held in a Joint Venture between Corona (65%) and Mithril (35%).

An announcement providing details of the Scoping Study can be viewed on Corona's website - http://www.abnnewswire.net/lnk/776XRZC9

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

GoldFund.io ICO Launches With over 10,000 Users in 90 Countries

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The December 1, 2018 launch of the GoldFund.io ICO after a pre-ICO period of only a month, saw 10,250 registrations and 200 Million GFUN coins circulated.

Registrations were received from 93 Countries and a successful airdrop saw many registered users increase their GFUN holdings.

The ICO will run for one month from December 1 to December 31.

To be involved in the ICO, go to:
http://www.goldfund.io

GoldFund.io
T:+61-2-8205-7340
W: www.goldfund.io

Nova Minerals Ltd (ASX:NVA) Potential for a Globally Significant Gold Project at Estelle

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The directors of Nova Minerals Limited (Nova or Company) (ASX:NVA)(FRA:QM3) are pleased to announce a significant upward revision to the Estelle Exploration Target Estimate (EETE) to 2.2 to 5.3 Moz gold based on the results of the scout drilling and the utilisation of pathfinder element geochemistry obtained from the chip samples/mapping campaign completed this past summer on the Oxide gold prospect.

HIGHLIGHTS

- Pathfinder element geochemistry demonstrates major gold system situated in an emerging large scale gold camp

- Upward revision to the Estelle Exploration Target estimate that will provide additional potential mineralisation to one of 15 significant targets

- Exploration Target* supported by whole rock analysis, chip sample assay results, soil geochemical assessment, historical drilling, scout drilling, detailed geological modelling and analysis of geophysical data

- Further focused geophysics surveys are planned to refine the existing targets and define new targets for the next round of drilling at Oxide

The new data from Oxide adds an exciting new dimension to the Company's ongoing search for a world-class gold deposit that shares many similar characteristics with the Pebble Project in Alaska. Analysis of all the data collected during the limited summer field season demonstrates that the Oxide project has the potential to host large scale bulk minable mineralisation and the project remains firmly on track regardless of the minor delays in drilling. The Oxide prospect is one of 15 highly prospective occurrences on the Estelle project and these outside occurrences may also host large-scale gold mineralisation.

NVA Managing Director, Mr. Avi Kimelman said:

"We are extremely pleased with the findings in our very first pass exploration activities on the Estelle Gold project in Alaska with a major upward revision in the exploration target at Oxide, which is only one of the 15 known prospects on the project. This exploration target outlines the larger scale potential and scope of these systems within the project area. Besides some early delays we have come away with great pathfinder geochemical tools for identifying economic mineralisation and see a great opportunity to develop a significant bulk minable deposit within the Estelle Gold land holding. Moreover, we think the region shows positive indicators for additional gold and we believe that many other large scale bulk minable deposit could be found within the project area"

"Alaska is well known as elephant country and was the focus of the 1890's gold rush; it has experienced a resurgence of activity since the late 1990's, stemming from major discoveries such as the 45Moz Donlin Creek, 105Moz Pebble Project and 12Moz Fort Knox deposits. Also, major and mid-tier miners including Barrick, Teck, South 32, Newmont, Hecla, Royal Gold Inc, Kinross and Coeur Mining are extremely active in the region. To add to the majors entering the region, our local ASX listed peer Northern Star Resources (ASX: NST) recently acquired the Pogo gold mine. Alaska is a tier 1 jurisdiction, pro-development and supportive of mining; we believe our project is in the right address to unlock another globally significant gold project."

Estelle gold project (Oxide) Exploration Target Estimate (EETT)

Nova is pleased to advise that it has upgraded its Exploration Target* on a very small area of the Estelle gold project (Oxide prospect) between 115Mt and 249Mt grading 0.6 to 0.67 g/t Au for a total of 2.2 to 5.3 Moz Au.

The Exploration Target* is supported by whole rock assay results, soil geochemical assessment, historical drilling, first pass drilling completed in September 2018, detailed geological mapping, modelling and analysis of geophysical data.

The original exploration target defined in November 2017 assumed the strike was orientated southeasterly to northwesterly in-line with historic drilling. New information from the 2018 exploration program shows the strike for all zones sampled is orientated on north-south strike. Detailed geological mapping and sampling conducted exceeds the Exploration Target* zone which shows substantial dimensions with length up to 1000m and width up to 550m. The Exploration Target* zone (Figure 1 in link below) includes the higher grade zone to the south of the original exploration target defined in November 2017.

The northern part of the Exploration Target* zone is evident of higher tonnage lower grade as per Nova's previous exploration target announced on 27 November 2017; Nova has assumed the same weighted average of mineralisation within this zone at 0.60 g/t Au.

Nova has calculated the weighted average mineralisation contained within historic drill hole SE12-004 (as announced by Nova on 27 April 2018), which is located within the southern part of the Exploration Target* zone, at 0.80 g/t over 99m (Table 1 in link below).

The Exploration Target* now includes both northern and southern zones where Nova has calculated the combined weighted average grade at between 0.60 g/t Au and 0.67 g/t Au.

Conservatively the Specific Gravity (SG) of 2.6 has been used for the calculation which is based on the nearby Whistler gold-copper deposit (Gold Mining Inc.) and reported with Nova's (formally Quantum Resources) previous exploration target announced on 23 November 2017.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/92FCDJ51

Nova Minerals Ltd
P: +61-3-9614-0600
F: +61-3-9614-0550
WWW: novaminerals.com.au

Regeneus Ltd (ASX:RGS) Chinese Patent Granted for Biomarkers for Stem Cell Therapy

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Regeneus Ltd (ASX:RGS) (Regeneus or the Company), a clinical-stage regenerative medicine company, is pleased to announce the State Intellectual Property Office of China has granted the Company a patent for the use of biomarkers to monitor disease progression in a patient having mesenchymal cell therapy for inflammatory conditions.

- Chinese Patent to issue covers use of biomarkers to monitor disease progression for mesenchymal stem cell (MSC) therapy for inflammatory conditions

- Grant of patent application No. 201480060270.X will provide commercial rights in China until 2033

- Patent covers use of a broad range of allogeneic and autologous MSC therapeutics for inflammatory conditions in combination with biomarkers and is not limited to MSCs sourced from adipose tissue

- Patent will provide protection for licensing the Company's Progenza allogeneic MSC therapeutics in China

The granted Chinese Patent Application No. 201480060270.X, entitled "Biomarkers for cell therapy", will provide the Company with commercial rights in China until 2033.

The patent covers use of a broad range of MSC therapeutics for the treatment of inflammatory conditions in combination with the biomarkers. The therapeutics include allogeneic and autologous cells where the MSCs can be sourced from any tissue type such as adipose, bone marrow or placental tissue and includes MSCs sourced from induced pluripotent stem cells and embryonic stem cells.

MSCs have well recognised anti-inflammatory effects and are used and being developed to treat a range of chronic inflammatory conditions including graft versus host disease, Crohn's disease, cardiovascular disease and osteoarthritis.

Biomarkers associated with inflammatory disease are a useful way to measure the effects of MSC therapies and can be analysed simply in a patient's blood or other body fluids. The patent covers the biomarkers MIF (Macrophage Migration Inhibitory Factor), COMP (Cartilage oligomeric matrix protein) and CTX II (crosslinked C-telopeptides of type II collagen) in MSC therapies. MIF is recognised as a key modulator in promoting and modulating the magnitude of the inflammatory response, while COMP and CTX-II are degradation products of joint tissues, especially the cartilage extracellular matrix.

This patent will provide protection for licensing the Company's Progenza allogeneic stem cell therapy platform in China.

There is increasing interest in China for in-licensing cell therapy technology platforms like Progenza. In December 2017, the Chinese government announced new laws to accelerate the approval pathway for cell therapy products. Under the new regime, cell therapy products will need to go through 2 clinical phases: an early phase focused on safety and a confirmatory phase to demonstrate probable efficacy. These new cell products will be available for government reimbursement.

Regeneus has over 80 patents or patent applications across multiple patent families, providing the Company's product pipeline with a significant competitive advantage.

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

Media
Imogen Conyers
Media and Capital Partners
T: +61-405-191-257
E: imogen.conyers@mcpartners.com.au

The Betmakers Holdings Limited (ASX:TBH) BetEasy signs Agreement with The BetMakers

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The BetMakers Holdings Limited (ASX:TBH) ("Company") is pleased to announce that its wholly-owned subsidiary, Global Betting Services Pty Ltd ("GBS"), has extended and upgraded its Agreement with Australian wagering operator BetEasy Pty Ltd ("BetEasy") for a further 3 years.

Highlights

- TBH signs Agreement with Australian wagering operator BetEasy

- Extended deal begins immediately

- Update to PlayUp transaction for sale of retail assets

BetEasy is licensed in Australia's Northern Territory and majority owned by The Stars Group.

www.beteasy.com.au

While the commercial terms are confidential, the Agreement continues to push the Company to its forecasted cash flow positive 2019 goal.

CEO of The BetMakers Todd Buckingham said: "The contact extensions from BetEasy as well as the previously announced deal with William Hill Global show the importance of The BetMakers offering towagering operators globally."

Retail transaction update

The Company would like to advise it has received the next instalment in full, from PlayUp Australia Pty Limited of $750,000 in line with its agreement. Payment was received on Friday 30 November by the way of cheque.

The remaining $2 million is payable to the Company on or by 31 December 2018.

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

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

Sayona Mining Ltd (ASX:SYA) Backs Joint Study on Quebec Green Battery Future

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Emerging lithium miner Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:DMNXF) announced today its support for Quebec's clean energy future, with the Company participating in a joint study on the development of a lithium ion battery industry in the Canadian province.

Highlights

- Sayona joins study supported by Quebec Ministry of Economy and Innovation on development of an industrial cluster for lithium-ion battery production in the Province of Québec

- Opportunity for Quebec to be at forefront of clean energy revolution amid rising global demand.

The study, which will be carried out with the financial support of the Quebec Ministry of Economy and Innovation and other partners, represents a major step forward by Quebec in the fast-growing lithium ion battery industry for energy and transport.

It will assess how Quebec can leverage its competitive advantages, including low-cost hydro-electric power and access to major markets, to ensure the province is strategically positioned to benefit from the clean energy revolution that is driving demand for lithium-ion battery technology.

The study will be led by Propulsion Quebec, an industrial cluster that aims to promote electric and smart transportation. It will include a portrait of the North American lithium-ion battery market and an analysis of the opportunities for Québec, ranging from the extraction of raw materials to the manufacturing of components and battery cells and their ultimate recycling.

The study's results are expected to be published by the Northern Hemisphere spring of 2019.

In addition to the Quebec government, the other financial partners are la Société de développement de Shawinigan, Call2Recycle(R), the Northern Plan Society, Hydro-Québec's Center for Excellence in Electrification of Transportation and Energy Storage, Nemaska Lithium, Mason Graphite and North American Lithium, Nouveau Monde Graphite, Lithion Recycling, RNC Minerals and Sayona Quebec.

Welcoming the study, Sayona's Managing Director, Dan O'Neill said: "Sayona is proud to participate in this initiative, which should help put Quebec at the forefront of this global clean and green energy revolution. With its hydroelectric platform, the province could become a leading world producer of lithium-Ion batteries with the smallest environmental footprint.

"As a company that is committed to sustainable development, we look forward to making our own significant contribution to Quebec's energy future through the development of a sustainable and profitable new lithium mine at our Authier Lithium Project."

Sayona's 24 September 2018 announcement of a positive definitive feasibility study for its flagship Authier project highlighted the opportunity for Quebec, with analyst estimates of rising global demand for lithium in applications including electric vehicles and bicycles along with battery storage and consumer electronics.

Quebec is uniquely positioned to benefit, with its excellent infrastructure including globally competitive, low-cost gas and electricity prices, skilled labour, road and rail transport network and its close proximity to US markets, including the Tesla Giga factory in Nevada.

Dan O'Neill
Managing Director
Phone: +61 (7) 3369 7058
Email: info@sayonamining.com.au

MMJ Group Holdings Ltd (ASX:MMJ) Shareholding in Harvest One

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MMJ Group Holdings Limited (ASX:MMJ) (FRA:2P9) (OTCMKTS:MMJJF) ("MMJ") confirms the expiry of its notice of intention to sell up to 5 million shares held in Harvest One Cannabis Inc. (TSX-V:HVT) ("Harvest One") that was filed in the Form 45-102F1 under Harvest One's SEDAR profile on 31 October 2018 and announced by MMJ on 1 November 2018. MMJ had sold on-market a total of 935,500 Harvest One shares pursuant to that notice.

Commenting on MMJ's shareholding in Harvest One, MMJ's CEO Jason Conroy said "With Harvest One's share price recently underperforming its market peers, we have not renewed our expired notice to sell any more of its shares. We now look forward to monitoring and assessing Harvest One's progress through its quarterly results and other public announcements."

MMJ owns 55,557,994 shares in Harvest One for a 30.5% shareholding.

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

Australian Bauxite Ltd (ASX:ABX) 2nd Milestone Achieved. ALCORE Lab Lock-Up Stage Completed

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Australian Bauxite Ltd (ASX:ABX)(FRA:A7B) (ABx)'s wholly-owned subsidiary, ALCORE Limited has acquired the equipment needed to produce test samples of key products and constructed the Stage 1 Core Laboratory to lock-up stage, thus staying ahead of schedule and within budget.

An Open Day for seed investors was held last Wednesday 28 November. A video of construction made by members of the ALCORE team showing development of of the Lab can be seen at Australianbauxite.com.au/Interviews&News.htm and photos below show some images from the Open Day.

- ALCORE's patent (pending) application technology is designed to refine raw bauxite to produce Aluminium Fluoride (AlF3) and other valuable co-products including the Corethane gas-substitute - see Figures 1 & 2. AlF3 is a key electrolyte ingredient in aluminium production by aluminium smelters.

- Global demand for AlF3 and associated co-products continues to increase as aluminium smelter production increases and the use of AlF3 in lithium ion batteries increases.

- Site construction and design for Stage 1 of the ALCORE project commenced on 1 July as planned at ALCORE's pre-approved Pilot Plant site in Berkeley Vale, Central Coast NSW.

- Stage 1 is designed to produce AlF3 test samples for pre-qualified aluminium smelter customers & then produce Corethane, which is pure hydrocarbon powder refined from low-value coals.

- Corethane has been used to provide thermal and electrical power. It has been used as a gas-substitute to fuel a large gas turbine for 14 months and achieve accreditation as a turbine fuel to generate electricity, with very low CO2 emissions similar to natural gas.

- Corethane has also been used as a diesel substitute for fuel security purposes and is ideally suited for use as a sulphur-free bunker fuel.

- Corethane also has industrial applications and several potential customers have already requested test samples for their industrial plants.

- Graphite refining to a very high purity for use in high-efficiency batteries will also be tested.

- Discussions continue with governments, agencies and major companies in the aluminium industry.

ABx CEO, Ian Levy commented: "ABxs subsidiary ALCORE is sufficiently funded to deliver Stage 1 of the ALCORE project, thanks to strong support from seed capital investors. ALCORE's powerful new bauxite refining technology can lead to Australia's first production of AlF3 products to provide security of supply for Australasian aluminium smelters. ALCORE's production of Corethane hydrocarbon can change the energy supply and fuel security outlook for eastern Australia"

ALCORE Limited is expected to unlock considerable value for shareholders in the short and medium term."
Achieving another milestone ahead of schedule has taken an extreme effort by many ALCORE staff, which has given us the confidence to overcome any unexpected obstacles that may arise."

"ABx is also pressing ahead with its three core bauxite projects; the Tasmanian mine, the large Binjour Project in central QLD and the Penrose refractory bauxite project 90km inland of Port Kembla NSW.

Planning is underway for trial mining and processing testwork at the Binjour Project."

To view full photo library, please visit:
http://abnnewswire.net/lnk/VTNDSH44

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

YPB Group Ltd (ASX:YPB) Settlement Convertible Notes

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YPB Group Ltd (ASX:YPB) is pleased to advise that, further to the passing of Resolution 7 atthe Extraordinary General Meeting held 30 October 2018, the convertible notes summing to an aggregate face value of $1.5m, have been settled and the associated funds net of costs have been receipted by the Company.

The Company thanks and welcomes the new strategic funding providers that, in addition to their investment through the convertible notes, are facilitating and supporting the tokenlisting that has been set to progress pending the settlement of the notes.

The Company is excited to be moving ahead with its plans and will provide an update on the token listing and timing shortly.

Mr. John Houston 
Executive Chairman
YPB Group Limited
T: +61-458-701-088
E: john.houston@ypbsystems.com 

Mr. Gerard Eakin
Director
YPB Group Limited
T: +61-427-011-596
E: eakin@manifestcapital.com
W: www.ypbsystems.com

Emmerson Resources Limited (ASX:ERM) Accelerated Mining and Gold Production

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Emmerson Resources Limited (ASX:ERM) announces accelerated Mining and Gold Production.

Highlights

- Territory Resources Limited (Territory) purchase the Edna Beryl Mining Company (EBMC) as part of the larger Strategic Alliance with Emmerson.

- Immediate plans to develop and re-commence mining the high-grade gold ores from the Tribute Area, with Emmerson and Territory executing a revised Tribute Agreement under the same terms, whereby Emmerson receives 12% of the produced gold.

- Subject to Territory achieving certain performance hurdles, the Tribute Area will be expanded under the same commercial terms.

- Emmerson to retain 100% ownership of the underlying mining tenement, with Territory the new registered Operator of the mining lease.

- Emmerson has received approval from the Northern Territory Government for additional dewatering capacity, allowing extension and additional development of the Edna Beryl Mine.

- Under the renewed Tribute Agreement, Territory is responsible for establishing an underground exploration drive to provide Emmerson with multiple sites for drilling, with the potential to greatly expand the mineralisation.

Emmerson's Managing Director; Mr Rob Bills commented:

"The purchase of the EBMC by Territory is a fantastic outcome for all concerned as it provides a quick route to the mining of high-grade gold. Establishing for the first time, commercial production from the Edna Beryl Mine via the refurbished Warrego Mill or third-party processing routes.

We thank the NT Government for the timely approval of our recent Mine Management Plan, which provides for additional dewatering capacity from the underground workings. This is instrumental in extending the underground development and establishing an exploration drive - providing an effective platform to drill test the multiple, subparallel ironstones…some of which have yielded extremely high-grade gold from surface drilling.

Also noting that high-density fan drilling from underground was instrumental to discovery in many of the famous historic mines across the Tennant Creek Field.

This development and exploration strategy significantly de-risks the future for Emmerson shareholders, in generating early cash flow and providing a better understanding of the orebody. Furthermore, the recently announced Mining Joint Venture with Territory is aimed at scaling this strategy across Emmerson's other small mines within the Southern Project Area, whereby Emmerson retains either a profit share or gold royalty.

Emmerson will continue to apply its expertise as exploration manager across the entire Tennant Creek Mineral Field, including the 100% owned Northern Project Area which hosts the Edna Beryl Mine and the recent discovery at Mauretania"

Quotes from the Minister for Primary Industry and Resources, Ken Vowles:

"Creating local jobs is this Government's number one priority.

"Tennant Creek has a long, proud mining history and the Territory Labor Government is creating new mining opportunities for the region.

"When our Government approved Edna Beryl officially opening last year, six immediate operator jobs were created, with additional personnel such as surveyors, engineers, geologists and truck drivers employed at various stages throughout operation.

"This latest approval means another four jobs during construction of the pipeline, including two positions for Aboriginal Territorians.

"The new pipeline will also mean the mine can grow and stay in production for longer, which could result in further jobs in the future."

Quotes from the Member for Barkly, Gerry McCarthy:

"The Edna Beryl gold mine is a real local success story - it was the first gold mine to open in Tennant Creek in more than a decade.

"Seeing the project receive approval for this next stage of development is exciting for our town."

Purchase of the Edna Beryl Mining Company

Emmerson is pleased to advise that our strategic alliance partner, Territory Resources Limited (Territory) have recently purchased the Edna Beryl Mining Company. This includes the rights to the mining and processing from the existing Tribute Area, plus all related assets including the headframe, winders, generators and accommodation facilities. Note Emmerson retains ownership of the Mining Lease.

In addition, Emmerson has negotiated a future expansion of the Tribute Area to include new mineralisation within the Edna Beryl Mining Lease (figure 2). Under the terms of this extension, which is subject to Territory achieving certain performance hurdles, the EBMC (now owned by Territory) will complete the development, mining and processing from the existing Tribute Area. In addition, Territory are responsible for completing the exploration drive to Edna Beryl West and building the new dewatering infrastructure as recently approved by the NT Government.

The exploration drive will enable further drilling of the multiple subparallel ironstones, some of which host bonanza gold grades. Keeping in mind that high-density underground drilling was instrumental to growing the resource base of many of the famous historical mines in the Tennant Creek Mineral Field.

Once this drilling is completed, Emmerson and Territory will establish a Life of Mine plan to cover the future development, mining and processing of the greater Edna Beryl mineralisation.

It is anticipated that the mining within the existing Tribute Area together with establishing the exploration drive will be completed within the next quarter. With Territory's refurbishment of their Warrego Mill now scheduled for completion in the first half of 2019, the ore mined from the existing Tribute Area may either be stockpiled, or toll treated outside of the Tennant Creek district.

Accelerated Mining and Processing

Territory is an experienced mining and processing operator with a successful track record at other sites around Australia.

The Edna Beryl Mine will now become an important early producer in the Territory mining schedule. It is anticipated that aggressive exploration programs both as part of the Earn-in by Territory in the Southern Project Area(SPA) and, from Emmerson funded exploration in the Northern Project Area (NPA) has potential to expand this production profile over time. Particularly considering the promising recent results at Emmerson's Mauretania and Edna Beryl projects.

Under the terms of the agreement with Territory, Emmerson will receive a 25% profit share from any mine within the SPA, other than Edna Beryl and Chariot (where Emmerson will receive 12% and 6% respectively of the gold produced). Territory will receive a 75% share of profits in exchange for planning, funding, developing and operating the mines. At this stage, Emmerson's 25% portion of the profit share cannot be determined until the mining, processing and recoveries can be better ascertained for each individual mining project.

Conclusion and Next Steps

Once the dewatering of the Edna Beryl workings is complete, reinstallation of the mining infrastructure will allow resumption of mining. An expanded workforce is already onsite.

Given that the refurbishment of the Territory owned Warrego Mill is scheduled for commissioning in the first half of next year, ores mined from Edna Beryl will either be stockpiled or as a temporary measure, toll treated off site. Irrespective of either processing route, Emmerson will receive 12% of the gold dore produced.

As previously announced, drilling is about to commence in both the NPA (100% owned by ERM) and SPA (under JV with Territory). As part of the NPA drilling, Emmerson has planned a number of drill holes at Edna Beryl to test for shallow high-grade gold in the oxide zone. Plus, additional drilling at Mauretania and new targets generated from the recent airborne geophysical survey. The second drill rig is about to commence in the SPA, as part of the $5m Earn-in and JV with Territory. This drilling is aimed at testing for extensions to our portfolio of small mines, assisting with mine planning ahead of potential production.

To view tables, please visit:
http://abnnewswire.net/lnk/G2G939BJ

For further information, please contact: 

Rob Bills
Managing Director and CEO
E: rbills@emmersonresources.com.au
T: +61-8-9381-7838
www.emmersonresources.com.au 

Media enquiries

Michael Vaughan, Fivemark Partners
E: michael.vaughan@fivemark.com.au
T: +61-422-602-720

The Betmakers Holdings Limited (ASX:TBH) Signs Agreement for Global Racing Solution

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The BetMakers Holdings Limited (ASX:TBH) ("Company") is pleased to announce that its wholly-owned subsidiary, Global Betting Services Pty Ltd ("GBS"), has signed an agreement with Unibet ("Unibet"), to provide a global racing solution for Unibet's global platforms.

Highlights

- TBH extends deal with international operator Unibet and begins immediately

- The Agreement covers Unibet Australia and all Unibet's proprietary racing locations including Unibet UK

- Unibet to integrate the Global Tote to give its traders and customers access to Tote pools

Unibet is a brand of Kindred Group PLC ("Kindred") www.kindredgroup.com and is one of the largest global operators with licenses in 13 countries. The Unibet deal covers Unibet Australia and Unibet globally including Unibet UK.

GBS will provide Unibet with key offerings from its global products and services suite, including:

- Premium Price Manager, which allows Unibet to automatically and instantly price thousands of racing events simultaneously without the need to increase resources, such as traders and IT staff;

- Racing Data Delivery Services, which combines data feeds from numerous jurisdictions into a single, manageable solution, enabling Unibet to expand the number of events Unibet can offer; and

- Tote access, which allows Unibet to offer a choice of wagering products in addition to its fixed odds racing solutions.

- Dynamic Odds trading, allowing the Unibet trading team access to customized platforms to manage their pricing and trading.

Ben Colley, Head of Global Racing for Kindred Group said "With GBS being long-term partners to our Australian business, we quickly saw the value in including the expansive GBS provision to supply our global proprietary racing platform, localising this content across all of our key territories.

"Outside of the obvious benefits of aggregating what we see as key feed requirements with ancillary, complementary racing services, we also enjoy the benefit of a Global Tote connection and expanded International racing content from The BetMakers."

The BetMakers CEO Todd Buckingham commented: "To onboard another truly Global operator such as Kindred Group, highlights the offering that is delivered by The BetMakers. We have previously stated that we believe The BetMakers racing offering is unparalleled which would be apparent to all now with the onboarding of some of the world's leading operators for their racing."

"We are excited to bring our full solution including Global Tote access and our Global Racing distribution to Unibet (Kindred)."

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

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

White Rock Minerals Ltd (ASX:WRM) Red Mountain - New Geochemical Anomalies Identified

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White Rock Minerals Ltd (ASX:WRM) is pleased to announce that it has identified a number of high priority geochemical anomalies within its recently expanded 100% owned Red Mountain high-grade zinc - silver - lead - gold - copper volcanogenic massive sulphide ("VMS") Project in Alaska.

Highlights:

- A detailed regional stream sediment survey identifies 8 high priority geochemical targets for follow-up.

- Strong base metal anomalism up to 1.1% zinc in streams indicates high prospectivity for outcropping massive sulphides.

- Strong precious metal and other pathfinder elements detected.

- Target areas cluster in two distinct areas; west of the known mineralisation at Dry Creek (the southern limb of the Bonnifield syncline) and in the Glacier Creek area with strong sulphide footwall alteration on the northern limb of the Bonnifield syncline.

During the 2018 field season White Rock completed a detailed regional stream sediment program over prospective stratigraphy within the Red Mountain project area. This part of the comprehensive 2018 exploration program was optimised based on the geochem orientation survey completed across known mineralisation at Dry Creek. This "calibration" provided a geochemical signature of base metal and precious metal elements together with other pathfinders to use for future exploration of the VMS prospective stratigraphy on both the northern and southern limbs of the regional Bonnifield syncline.

This 2018 reconnaissance program identified a number of extensive alteration features for future exploration. Some of these extend on surface for several kilometres of strike. The results from the regional stream sampling program have successfully highlighted 8 priority anomalies within the area of alteration (Figure 1 in link below), providing areas for immediate focus through follow-up ground reconnaissance, surface sampling and the application of electrical geophysics prior to drill targeting.

The significance of some of the geochemical anomalies is illustrated by the tenor of anomalism with one stream sample returning 1.1% Zn in an area towards the top of the VMS prospective stratigraphy to the west of the Dry Creek deposit. No previous exploration has prospected the immediate catchment area indicating how prospective the immediate surrounds remain.

In addition, the area of the northern limb known as Glacier Creek displays footwall sulphide alteration that extends for over 10km of strike. The stream sediment survey has identified 4 discrete high priority targets within the area of alteration. Follow-up work will now be able to focus on these discrete areas of anomalism to enable rapid advancement to drill testing in 2019.

CEO Matt Gill said "We recently expanded our tenement footprint three-fold, to now hold a strategic land package of some 475km2. This expansion follows a successful first year of field activities for White Rock where drilling intersected multiple high-grade intervals of zinc-silver-lead-gold-copper mineralisation at Dry Creek and West Tundra (ASX Announcements dated 18 June 2018, 4 July 2018 and 20 August 2018). With some drill hole results returning in excess of 17% zinc, 6% lead, 1,000 g/t silver, 6 g/t gold and 1.5% copper, the 2018 field season also saw three reconnaissance crews out in the field mapping and sampling. The culmination of this work encouraged White Rock to expand its strategic tenement holding to take in more of what has been identified as a highly prospective geological setting.

In addition to this successful drilling campaign, including a new discovery of high-grade zinc-rich VMS mineralisation at the Hunter prospect, we now have the results from our regional stream sediment sampling campaign. These results reinforce our belief that the Red Mountain project could yield a camp of VMS deposits in the year ahead.

Together with the expansion of the tenement package to 475km2 and coverage of multiple new VMS occurrences throughout the Bonnifield district (Figure 2 in link below), White Rock is now poised to advance the project rapidly in 2019 through a second year of aggressive prospecting and drilling."

To view tables and figures, please visit:
http://abnnewswire.net/lnk/684O73PJ

Matthew Gill (Managing Director & CEO)
Phone: +61-3-5331-4644

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

Investigator Resources Ltd (ASX:IVR) Maslins IOCG Target Update

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Investigator Resources Limited (ASX:IVR) provides herein an update regarding its 100% owned Maslins iron oxide copper gold ("IOCG") target - located in the Olympic Dam belt of the Stuart Shelf in South Australia's Gawler Craton (Figure 1 in link below).

Originally applied for by Investigator in 2015, the area was identified using regional gravity plus new Magneto-Telluric ("MT") data which defined a deep MT conductivity corridor connecting the Olympic Dam, Carrapateena and the recently discovered Oak Dam IOCG deposits. As shown in Figure 2 in link below, this corridor extends southwards into Investigator's 1,950 km2 Whittata tenement package. The Maslins IOCG gravity anomaly lies within these tenements.

The Maslins target has been reasonably interpreted as a significant mass and, in terms of size and density, represents a significant IOCG target.

Complementing the gravity data and the 2015 MT data, Geoscience Australia ("GA") has completed a further detailed MT survey of the Olympic Dam-Carrapateena region, the findings of which are to be re-leased by GA on 5 December 2018.

In January 2018 Investigator joined with GA and the Geological Survey of South Australia ("GSSA") to undertake an infill MT geophysical survey across the Maslins target area. Investigator has received the data from its sole-funded infill stations and in-tends to integrate these results with the detailed GA data when received. This should allow the Maslins gravity anomaly to be refined.

The outstanding BHP Oak Dam discovery lies about 85 km along trend to the north from the Maslins target. It is relevant in that it was a revisited target evidently modelled solely on gravity and lies below about 1 km of cover.

Maslins is an undrilled gravity anomaly interpreted as having a shallower depth to basement (estimated at about 600m).

The anomaly is 6 km in length and comprises a trend punctuated by individual gravity highs.

BHP's Oak Dam and Investigator's Maslins gravity anomalies are compared in Figure 3 in link below.

As previously reported, Investigator has been actively seeking prospective joint venture partners to drill the Maslins target in 2019. These discussions have been deferred pending the release of the additional GA and GSSA data and reinterpretation of the geophysical model.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/H4N1V26Y

Mr Andrew McIlwain
Acting CEO/Director
Investigator Resources Limited
E: info@investres.com.au
T: +61-8-7325-2222

Cobalt Blue Holdings Limited (ASX:COB) Thackaringa JV Dilution Triggered

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On 24 October 2018 COB elected out of the Earning Period process of the Exploration Farmin Joint Venture Agreement with BPL (TJV Agreement). COB had concluded that the risk of attempting to fast track Bankable Feasibility Study (BFS) work into a period of only 12 months, to meet the BFS timetable in the TJV Agreement, would significantly impair the project and pose undesirable risk.

KEY POINTS:

- Cobalt Blue Holdings Limited (COB), as [Interim] Manager of the Thackaringa Joint Venture (TJV) issued a Billing Statement and Called Sum to the Joint Venture partners, COB and Broken Hill Prospecting Limited (ASX:BPL).

- BPL failed to pay the Called Sum as required by the TJV Agreement and then issued an Optional Dilution Notice.

- COB has recalculated BPL's Joint Venture Interest and notified this to BPL as required by the TJV Agreement Dilution Provisions.

- As a result of this recalculation, COB believes it now holds an effective 93.68% beneficial interest in the Thackaringa Cobalt Project and BPL an effective 6.32% beneficial interest.

Subsequently, a TJV Management Committee meeting was convened (16 November 2018). At that meeting work programmes and budgets were discussed and approved by the TJV Management Committee. COB, as [Interim] JV Manager then issued BPL and COB with a Billing Statement (16 November 2018) specifying a Called Sum for payment within 7 days.

When no monies were received from BPL, the JV Manager issued a Non Payment Notice to BPL (26 November 2018) following which BPL notified COB that it does not wish to contribute to Joint Venture Activities (29 November 2018). As this is an Optional Dilution Notice, the interest of BPL in the Joint Venture must be diluted and the JV Manager is required to recalculate and notify the Joint Venturers of their respective interests.

BPL has been notified that as a result of this recalculation BPL holds a 6.32% beneficial interest in the TJV, with COB holding the balance of 93.68%. COB has also requested BPL to transfer a 23.68% interest in the Joint Venture to COB to give effect to this dilution.

As BPL's Optional Dilution Notice means BPL has elected not to contribute to the current approved work programme and budget, COB believes BPL's Joint Venture Interest will reduce to below 5% once the drilling campaign expenditure for November and December 2018 has been incurred. COB expects this further recalculation to occur in late January 2019.

The TJV Agreement also defines a minimum interest as 5% of the Joint Venture. Below this interest a Joint Venturer is deemed to have withdrawn from the TJV. Amongst other requirements, the withdrawing Joint Venturer, must, within thirty (30) days of withdrawal, execute and deliver all deeds and documents necessary for, and complete, the assignment of its Joint Venture Interest to Non Withdrawing Joint Venturers.

COB has also served notice to BPL that it intends to pursue its rights, and failing appropriate actions, will enforce such rights with an expedited Court determination.

Finally, while TJV Disputes have been initiated by BPL, the TJV Agreement specifies that disputes are not to interrupt JV activities or performance by the parties.

Cobalt Blue believes it has the following beneficial interests in the tenements:

EL 6622 - 93.68% beneficial interest

EL 8143 - 93.68% beneficial interest

ML 86 - 93.68% beneficial interest

ML 87 - 93.68% beneficial interest

Joe Kaderavek
Chief Executive Officer
Cobalt Blue Holdings Limited
Ph: +61-2-8287-0660
Website: www.cobaltblueholdings.com
Email: info@cobaltblueholdings.com

EON NRG Ltd (ASX:E2E) Silvertip Gas Well Update

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EON NRG Ltd (ASX:E2E) (OTCMKTS:ICRMF) is pleased to announce that a workover rig has been mobilized to the Silvertip Field and is now on location to commence work on recompleting of the 64-28F gas well.

- Rig on location for recompletion of the 64-28F well

- Gas price remains strong on further strategic reserve drawdowns

This recompletion will target gas from the Meeteetse Formation at around 2500'. If successful, the well will immediately be put into production through Eon's gas processing and liquids stripping plant and sold via its sales pipeline.

Gas prices remain high with CIG Rockies benchmark price at $4.43/Mcf over the last week, and continue to be influenced by lower than expected storage volumes. The US Energy Information Administration (EIA) reported that natural gas stocks had fallen by 59 Bcf for the week ending November 23, decreasing by 17.4% to 3,054 Bcf from the 3,698 Bcf that was in storage at this point last year and is 19.1% below the five-year average of 3,774 Bcf.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/7XY4BH99

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

USA -
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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