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Triton Minerals Ltd (ASX:TON) Nicanda West (P66) - Positive Results

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Triton Minerals Limited (ASX:TON) (Triton or Company) is pleased to announce further encouraging results for the Nicanda West Prospect (also known as P66) which is located within the Balama North Project in Mozambique.

Triton Minerals Managing Director Brad Boyle said:

"The positive initial drilling results together with the consistency of the high-purity large-flake graphite recovered during flotation test work represent another decisive milestone in the development of Triton's Mozambique projects and adds an important new dimension to the TMG product range. The initial assays have confirmed grades that are expected for this style of deposit and the predominance of high-value large flake graphite highlights the diversity of high quality graphite concentrates that may be produced from an integrated Nicanda mining operation.

The wide thicknesses of mineralisation and consistency of grade combined with the lack of any substantial overburden present an ideal open pit mining opportunity which is located on the very doorstep of the world's largest graphite and vanadium resource at Nicanda Hill. The proximity of Nicanda West to the main Nicanda Hill resource allows the sharing of infrastructure and processing facilities and thus improving overall project economics.

Producing Nicanda West concentrates that meets the fundamental battery grade specification of >97%TGC is another important achievement for Triton."

INTRODUCTION

Triton is pleased to announce the initial drilling results from the Nicanda West prospect at the Balama North Graphite Project are considered to be encouraging and of material importance. Nicanda West, which is located 1.2km north west from the main Nicanda Hill deposit, has been tested by a total of 11 diamond and three reverse circulation (RC) drillholes. Assay results have been received for six of these drillholes (Figure 1 in link below).

Nicanda West is distinguished by the dominance of large (>150) and jumbo (>300) flake graphite that forms the main mineral constituent of a gneissic host rock. Given the dominance of high-value flake sizes the minimum targeted average grade of this style of deposit range is 5%TGC. This is in contrast to the more typical deposits of the Balama North region, including Nicanda Hill, where the host rocks comprise graphite-amphibole schist with target average grades of 10%TGC comprising dominantly fine (
The Nicanda West graphite mineralisation is similar in style to that discovered at Triton's Ancuabe Project.

DRILLING RESULTS

Drilling results received to date indicate large thicknesses of graphite mineralisation that form true widths of up to 190m as intersected in GBND0059 which returned an average of 4.6%TGC over the entire length of the hole (including a total of 53m of internal dilution) from near-surface to 200m at the end of hole which finished in mineralisation. Selective higher grade zones, some averaging up to 12.9%TGC, are developed within the broader mineralised zone. The weighted average grade of all intersections above cut off is 6.5%TGC over four stacked units that form a cumulative true width of 92m (Figure 2 and 3 in link below).

The drill results received to date for Nicanda West indicate both uniformity and continuity of graphite grade both along strike and down dip, with increasing graphite mineralisation trending towards the north-east of the prospect. The overburden is limited to a 2m thick veneer of alluvial sediments. The initial target at Nicanda West, as suggested by the VTEM data, extends over a minimum strike length of 1,000m. To date only 400m of strike has been drill tested.

Nicanda West is located approximately 1km west from the Nicanda Hill prospect which contains the world's largest graphite and vanadium resources. Triton's Cobra Plains graphite deposit is located along strike from Nicanda Hill towards the southwest. Including Nicanda West, 232 exploration and resource delineation holes have been completed on the Balama North Project. Numerous geotechnical and hydrological holes have also been completed in support of the Nicanda Hill definitive feasibility study (DFS) which is currently underway.

The scope of the DFS has been expanded to include Nicanda West as part of a proposed integrated operation designed to produce high-purity flake graphite in the preferred size ranges from Nicanda Hill, fine (300).

Although Nicanda West will likely be optimised to produce high-value large and jumbo flake, it will also be able to supply into the
NICANDA WEST CONCENTRATE PRODUCTION

Following the positive outcomes from the initial standard flotation tests, as reported previously, a limited production run was carried out by SGS Lakefield OreTest (Perth) to generate a sufficient sample of battery-specification concentrate in order to ship to interested parties and to carry out, at their request, more detailed particle induced x-ray emission (PIXE) and x-ray diffraction (XRD) test work. These testing procedures are specific to the requirements for producing spherical graphite for application in lithium ion batteries.

By means of a simple four-stage flotation process a total graphitic carbon grade of 97.7% was achieved with a large proportion of large and jumbo flake preserved.

For non-battery applications a lower grade can be targeted. This would preserve an even more dominant proportion of large flake.

Triton considers these initial metallurgical results to be highly encouraging and is expecting further positive results with the completion of additional optimised metallurgical test work.

CONCLUSIONS

- Drilling results received to date indicate a significant and robust graphite deposit at Nicanda West that is characterised by in-situ large to jumbo flake graphite. There is significant exploration upside with only 40% of the targeted strike length currently drill tested.

- The style of the Nicanda West deposit is unique to the Balama North region and has similarities to the high-value Ancuabe style of mineralisation.

- Metallurgical test work completed to date has achieved very high grades of graphitic carbon with a dominant proportion of large and jumbo flake being preserved.

- Nicanda West graphite is fundamentally suited for battery application with a grade of 97.7%TGC being achieved in a concentrate production cycle using simple flotation.
- Nicanda West is ideally qualified as a both a complement to and component of a larger integrated Nicanda Hill Project that can, uniquely, provide a range of enhanced graphite products including spherical graphite.

Triton believes that the positive initial drilling results together with the consistency of the high-purity large-flake graphite recovered during flotation test work represent another decisive milestone in the development of Triton's Mozambique projects and adds an important new dimension to the TMG product range.

To view tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-742239.pdf

Brad Boyle
CEO & Managing Director
Tel: + 61 8 6489 2555
Email: bboyle@tritonmineralsltd.com.au 

Alfred Gillman
Technical Director
Tel: + 61 8 6489 2555
Email: agillman@tritonmineralsltd.com.au

Raya Group Ltd (ASX:RYG) Xped and Leading Chip Manufacturer Collaboration

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Raya Group Ltd (ASX:RYG) ("Raya" or "the Company") wishes to announce that Xped Holdings Limited (Xped) and one of the world's leading semiconductor chip manufacturers are collaborating to identify potential opportunities that will accelerate market adoption of the "revolutionary" and "patented" ADRC IoT technology developed by Xped.

Highlights

- Xped selected as collaboration partner by one of the world's largest semiconductor chip manufacturers

- The collaboration is a strong validation of Xped technology

- The partnership provides a clear route to the global IoT (Internet-of-Things) market that is estimated to grow in excess of $US1 trillion* by 2020

- The information exchange between the companies will accelerate the commercialisation of Xped industry transforming ADRC (Auto Discovery Remote Control) technology

Recently, under the Singapore-based Partnerships for Capability Transformation (PACT) initiative, the semiconductor company nominated Xped as their collaborative partner for the development and test bedding of innovative solutions and products.

PACT initiative works with large organisations, assisting in the identification and implementation of collaborative projects with local SMEs. Xped were the only technology party identified by the chip manufacturer from a number of potential candidates to form a collaboration.

The technology solution that Xped had developed coupled with its near-term commercialisation capabilities, has forged strong interest from the collaboration partner. The partner provides innovative technical solutions, leading edge manufacturing facilities, technical strength and expertise, and strategic partnerships.

Under the collaboration, the semiconductor company will provide access to their latest technology including newly advanced silicon chipsets, internal resource expertise and leading fabrication facilities.

Both companies will now work towards finalising discussions that will provide a framework on utilising Xped's ADRC technology that will enable both companies to jointly assess and explore new opportunities in the IoT sector, which is expected to more than triple in the next four years.

Xped's CEO John Stefanac states "The validation and endorsement of ADRC technology by our partner is another testament to the hard work Xped has spent over the years on our research and development to build the advanced IoT solution we have today. The leading chip manufacturer, through their global footprint and offices, can provide access to new channels for Xped to reach early revenue opportunities."

*Harber Research (2014): What exactly is the Internet of Things.

About Xped

Xped has developed revolutionary and patent protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment.

It's as simple as two people shaking hands. By enabling the Internet of Things, Xped's ADRC platform will bring benefit to Manufacturers, Retailers, Service Providers and Consumers.

At Xped, we're Making Technology Human Again.

Xped Inquiries:
John Stefanac
CEO - Xped Holdings Limited
M 0438 040 304
E jmstefanac@xped.com

Raya Group Inquiries:
Company Secretary
T 03 9642 0655
E info@rayagroup.com.au

Company Advisor:
Faldi Ismail
Otsana Capital
M 0423 206 324
E Xped@otsana.com

Media Inquiries:
Asher Moses
Media & Capital Partners
M 0438 008 616
E Asher.Moses@mcpartners.com.au

FINANCE VIDEO: Story-I Ltd (ASX:SRY) Director Michael Pixley Interview with ABN Newswire

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Storyi Ltd (ASX:SRY) Director Michael Pixley speaks with Tim Mckinnon on the Asian expansion for the consumer and enterprise products and services offered by Storyi.

Briefly, the company strategy covers the following key areas:

New stores

- Solid pipeline of 4 new store openings in Indonesia in FY2016

- Story-I will continue its disciplined approach to selecting new stores based on location and demographics

- Target of 7 stores across Indonesia, Vietnam and Myanmar

Economies of scale

- Attain Apple premium reseller status delivering more favourable pricing terms

Expansion of sales channels

- Appointed as resellers at the retail and enterprise level for Citrix

- Supplying products to schools and universities implementing eLearning programs

- Enterprise solutions for domestic SMEs and multi-national corporations with service & maintenance contracts

- Negotiating distribution rights for well known branded accessories across Indonesia, Vietnam and Myanmar

Platform

- Online sales platform and E-commerce expansion

- Expansion of mobile kiosks with products & device maintenance and service

Acquisitions

- Continually review acquisition targets that are consistent with our strategy of accretive bolt-on acquisitions that add scale to our existing business

To view the video interview, please visit:
http://www.abnnewswire.net/press/en/81530/storyi

Story-I Ltd
T: +6221 52905160
E: info@story-i.com
WWW: www.story-i.com

Liquefied Natural Gas Ltd (ASX:LNG) Magnolia LNG Executes EPC Contract with KBR SK JV

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Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) (LNGL or the Company) is pleased to advise that its wholly owned subsidiary, Magnolia LNG LLC (Magnolia), has agreed a legally binding lump sum turnkey (LSTK) engineering, procurement and construction contract (EPC Contract) with the KBR-SKE&C joint venture (KSJV) in relation to the Magnolia LNG project (MLNG).

Contract Highlights:

- EPC Contract LSTK cost of US$4.354 billion for four LNG trains and associated facilities
- EPC guaranteed production of 7.6 mtpa, or 0.8 mtpa greater than previous guidance
- The EPC Contract LSTK plant design utilises LNGL's patented OSMR(R) technology
- Installed capacity cost/tonne range of US$495 to US$544 based on final design at FID
- LNG plant fuel gas consumption of 8%, or 92% feed gas production efficiency guaranteed
- EPC Contract LSTK price is valid to 30 April 2016

The EPC Contract covers the engineering, procurement and construction of four LNG production trains with design capacity of 2 mtpa or greater each, two 160,000m3 full containment storage tanks, LNG marine and ship loading facilities, supporting infrastructure and all required post-FID approvals and licenses.

On 24 August 2015, MLNG announced selection of the Siemens Energy Inc. (Siemens) process compression and driver equipment. The increased power available from the Siemens equipment potentially enables higher final plant design capacity which, following completion of remaining engineering and analysis, will be confirmed prior to Final Investment Decision (FID). As a result, MLNG's per tonne EPC cost may reduce within the range of US$495/tonne - US$544/tonne based on the final installed capacity design.

The EPC guaranteed production totalling 7.6 mtpa for the four-train MLNG project will not change.

The KSJV also provided pricing on a reduced (three train) project scope. The take out cost for one train, estimated by KSJV at US$630 million, is subject to final confirmation by 31 December 2015.

Other Costs:

Post-FID costs to commercial operations date in early 2019, which include owner's engineer, O&M mobilisation, insurance, commissioning gas, regulatory, other minor contracts, and capitalized overhead costs, are expected to range between 13.5% (US$585 million) and 15.5% (US$675 million) of the EPC Contract price. These estimates exclude capitalised interest during construction.

Equity and debt transaction costs, letter of credit fees, and financing costs will be determined at the time of FID, based on final terms agreed with BNP Paribas, lenders and equity providers.

Managing Director's Comments

LNGL Managing Director and Chief Executive Officer, Maurice Brand said, "We are pleased to announce the final lump sum turn-key EPC contract pricing details after significant efforts by the KSJV and the Magnolia project team, managed by MLNG's Chief Operating Officer, John Baguley. I want to thank the KBR and SKE&C leadership for their diligence and hard work on delivering the LSTK pricing. The total EPC capital cost in the range of US$495 to US$544 per tonne of LNG plant capacity (for the 8 mtpa or greater plant) establishes a new low for U.S. Gulf Coast projects and is substantially lower compared with recent LNG projects around the world (Figure 1, in link below)."

"With execution of the EPC contract in hand, we shall continue with final engineering activities but will not commit to out-sized, non-cancellable commitments in advance of execution of offtake agreements for at least 4 mtpa of additional sales," continued Brand.

"The EPC Contract costs agreed with KSJV reinforce the Company's view that our business model of mid-scale, modular based LNG trains of nominally 2 mtpa design capacity, incorporating the Company's OSMR(R) LNG liquefaction process is valid, providing a sustainable long-term business platform that can be replicated in future projects."

Revenue Sharing Agreement

For a period of up to 15 years following the declaration of commercial start date for each train, the KSJV may be eligible for annual revenue sharing payments ranging from $0 to $30 million across the four-train plant (maximum of about $0.07/mmBtu per annum). Annual amounts to be paid to the KSJV reflect a near linear inclining slope starting at $0 for production below 1.7 mtpa up to $30 million for production over 2.0 mtpa, with all annual payments based on actual LNG production achieved in a year reflected on a per train average across the 8 mtpa or greater liquefaction plant.

The revenue sharing arrangement, associated with KSJV's support of the initial scaled commercialisation of LNGL's OSMR(R) technology and construction approach, when combined with operating and other costs across the 8 mtpa or greater plant is expected to approximate $0.50/mmBtu. The target cost amount of $0.50/mmBtu represents the estimated operating cost implicit in the unchanged EBITDA guidance of approximately $2.50/mmBtu across the four train project.

KSJV Comments

"We are delighted to work with Magnolia LNG on this ground-breaking project for more innovative, cost effective, efficient and greener LNG," said Stuart Bradie, KBR President and CEO. "KBR's long history of success in global LNG, ammonia and plant modularization make us a natural fit for this exciting project and we are pleased to have the opportunity to bring our unique skills, together with our self-perform construction capability and outstanding safety record, to create exceptional value for MLNG," continued Bradie.

Conference Call Details:

LNGL invites shareholders to join a conference call about this ASX release with Maurice Brand (Managing Director and CEO of LNGL), Michael Mott (Chief Financial Officer of LNGL) and John Baguley (Chief Operating Officer of Magnolia LNG) at 9.00am (AEDT) on Monday (today) 16th November 2015 which is Sunday 15th November at 4:00 pm (US-CST).

Conference call (toll free) numbers are as follows:

Australia: 1800 123 296 or +61 2 8038 5221

Outside Australia:

Canada:          1855 5616 766
China:           4001 203 085
Hong Kong:       800 908 865
India:           1800 3010 6141
Japan:           0120 477 087
New Zealand:     0800 452 782
Singapore:       800 616 2288
United Kingdom:  0808 234 0757
United States:   1 855 293 1544

After dialling the conference call number above, please then enter:

CONFERENCE ID: 8006 0604.

To view the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-LNG-742395.pdf

Mr. Maurice Brand
Managing Director & CEO
LNG Limited
T: +61-8-9366-3700

Mr. David Gardner
Company Secretary
LNG Limited
T: +61-8-9366-3700

Mr. Mike Mott
Chief Financial Officer
LNG Limited
T: +1-713-815-6909

Liquefied Natural Gas Ltd
T: +61-8-9366-3700
F: +61-8-9366-3799
WWW: www.lnglimited.com.au

Liquefied Natural Gas Ltd (ASX:LNG) Magnolia LNG Receives Final Environmental Impact Statement From FERC

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Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) (LNGL or the Company) and Magnolia LNG LLC (Magnolia) are pleased to announce that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, and the associated Kinder Morgan Louisiana Pipeline (KMLP) Lake Charles Expansion Project on 13 November 2015. Issuance of the FEIS represents the culmination of FERC Staff's environmental and safety review of the proposed MLNG and KMLP projects. In completing the unified FEIS for the two projects, the FERC conducted a comprehensive environmental, safety and security review analyzing publicly available data, input from other federal and state agencies, comments from interested stakeholders, and information that both MLNG and KMLP provided regarding the construction and operation of the MLNG project and KMLP's related natural gas pipeline infrastructure.

In the FEIS, FERC Staff concludes that construction and operation of the proposed projects would result in limited adverse environmental impacts, but these impacts would be reduced to less-than-significant levels with the implementation of MLNG's and KMLP's proposed mitigations and the additional measures recommended in the FEIS.

The next step in the FERC process is for the FERC Commissioners to act on MLNG's and KMLP's respective applications. U.S. law requires that FERC wait at least 30 days following the issuance of an FEIS before making a decision. Once the 30-day period has elapsed, FERC may then issue an order on the applications.

The FERC Notice of the FEIS and the FEIS itself can be accessed at the links below.

MLNG Environmental Attributes

In line with LNGL's Business Principles regarding the environment, the Company is proud to highlight these unique environmental attributes arising from the MLNG project development.

- The MLNG project will restore up to 300 acres of wetlands in SW Louisiana, enhancing the region's flood protection and restoring indigenous marsh habitat.

- The 8 mtpa or greater MLNG project will be sited on a 115-acre parcel, setting a new benchmark for the minimisation of land use for LNG projects in the US and the world, while still fully satisfying the stringent US safety and security regulations.

- The efficiency of the OSMR technology allows the MLNG project to achieve a lower emission profile per tonne of LNG produced relative to traditional industry applications.

LNGL's Managing Director and CEO, Mr. Maurice Brand said, "We are very pleased with our progress in the FERC regulatory process since we filed our application on April 30, 2014. We look forward to FERC's approval of the project in the near future. The receipt of the FERC approval is one of the important steps to move the Magnolia LNG project through to Financial Close."

The FERC Notice of the FEIS and the FEIS itself can be accessed at:

http://elibrary.FERC.gov/idmws/search/intermediate.asp?link_file=yes&doclist=14398624

http://elibrary.FERC.gov/idmws/search/intermediate.asp?link_file=yes&doclist=14398539

Mr. Maurice Brand
Managing Director & CEO
LNG Limited
T: +61 8 9366 3700

Mr. John Baguley
Chief Operating Officer
Magnolia LNG LLC
T: +1 713 815 6940

Mr. Mike Mott
Chief Financial Officer
LNG Limited
T: +1 713 815 6909

Liquefied Natural Gas Ltd
T: +61 8 9366 3700
F: +61 8 9366 3799
WWW: www.lnglimited.com.au

Strategic Elements Ltd (ASX:SOR) AGM Presentation

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Strategic Elements Ltd (ASX:SOR) are pleased to provide an AGM Presentation for the Company.

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SOR-742389.pdf

Strategic Elements Ltd
T: +61 8 9278 2788
E: admin@strategicelements.com.au
WWW: www.strategicelements.com.au

Orocobre Limited (ASX:ORE) Company Presentation

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Orocobre Limited (ASX:ORE) (TSE:ORL) advises that the attached presentation will be used by Company management for an investor roadshow taking place in Melbourne and Sydney.

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-891711.pdf

Australia and Asia

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

North America

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

Central Petroleum Limited (ASX:CTP) Chairman's letter and Share Purchase Plan

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Central Petroleum Limited (ASX:CTP) is pleased to give eligible shareholders the opportunity to participate in the 2015 share purchase plan ("2015 SPP"), as announced to the market on 10 November 2015.

The 2015 SPP will give eligible shareholders the opportunity to each apply for up to A$15,000 worth of ordinary shares.

All Company directors who are eligible to participate intend to take part in the 2015 SPP.

The proceeds of the 2015 SPP will be allocated towards progressing the previously announced reserves upgrades and payment of the Mereenie acquisition commitments due in June 2016 together with normal Company expenses.

Highlights of the 2015 SPP

The issue price is A$0.19 per share. Applications can only be made for parcels of shares in the amounts specified in the enclosed terms and conditions. The minimum value of an application is A$2,500 in order to maximise the opportunity for all shareholders to participate. The maximum value is A$15,000 (including where shareholders receive more than one offer or hold shares jointly or through a custodian, nominee or trustee).

The closing date for the 2015 SPP is Friday, 4 December 2015 which may be brought forward if the 2015 SPP is oversubscribed. If applications under the 2015 SPP exceed $10.5 million, CTP will scale back allocations for all applications equally on a pro rata basis.

Further details of the 2015 SPP can be found in the enclosed terms and conditions.

Key Dates

- Record Date: 6pm (Brisbane time) Monday, 9 November 2015

- Offer Date: Thursday, 19 November 2015

- Closing Date: 4pm (Brisbane time) Friday, 4 December 2015 or may be an earlier date if the 2015 SPP is over-subscribed

- Allotment Date: Friday, 11 December 2015

- Quotation of newly issued SPP Shares on ASX : Monday, 14 December 2015

- Dispatch of confirmation advice or refunds where applicable: Tuesday, 15 December 2015

CTP reserves the right to vary the Key Dates for the 2015 SPP, including the Closing Date.

Applications

Participation in the 2015 SPP is entirely optional. You should read the terms and conditions and consider seeking independent legal, financial and taxation advice before making a decision to apply.

Due to the application of foreign securities laws, the 2015 SPP is only open to shareholders with registered addresses in Australia and New Zealand. This restriction applies equally to directors and employees of the Company.

If you are eligible to participate and decide to make an application, please:

(a) return your Application Form, together with a cheque; or

(b) pay directly by BPAY(R) on the internet or by telephone (for Australian shareholders only).

Applications must be received by 4.00pm Brisbane time on Friday, 4 December 2015 (unless the 2015 SPP is closed earlier). Please ensure that your application monies are equal to the amount of the parcel of shares you are applying for.

If you are a custodian please note the additional certification requirements in the terms and conditions.

Yours sincerely
Robert Hubbard
Chairman
Central Petroleum Limited

To view the release including invitation to participate in 2015 SPP, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-742426.pdf

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

Central Petroleum Limited (ASX:CTP) Managing Director's Letter Strategy and Share Purchase Plan

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Central Petroleum Limited (ASX:CTP) Managing Director's letter strategy and share purchase plan.

This November marks the coming together of our strategy adopted in the last quarter of 2013 to pivot the Company away from an anticipated softening in crude oil prices and towards exposure to a domestic gas market facing serious short supply. By April 2014 the Company had acquired the Palm Valley and Dingo Gas Fields. In April 2015 we had completed the development of the Dingo Gas Field and 50km gas pipeline into Brewer Estate. In June 2015 we announced the acquisition of a 50% interest in and Operatorship of the Mereenie Oil and Gas Field.

In parallel with the acquisition of these conventional operating gas fields, we began a campaign to cause a gas pipeline to be built to connect the Northern Territory to the Eastern States market. This concept - the North East Gas Interconnect (NEGI) - was endorsed by the Council of Australian Governments (COAG) in October 2014 and the winning bidder should be announced in mid-November.

The NEGI pipeline approval will directly connect Central's gas prone acreage with the in-demand eastern domestic gas market. It will enable us to make direct gas sales agreements with commercial and industrial gas users. Further, we expect the market to re-rate our vast acreage in the Northern Territory which will be directly connected to the market, regardless of the route selected. The announcement of NEGI marks the successful execution of Central's transition to becoming a predominately domestic gas producer.

To advance our program, the company has announced a successful placement of $10.5 million to institutions. Consistent with my undertaking at the last two Annual General Meetings, ordinary shareholders, whose existence is so vital to the company's independence and wealth creation, will be offered the chance to participate. This SPP is capped and priced at the same amount as the recent placement. If only 8% of current shareholders elect to participate to the maximum of their entitlement, the $10.5 million will be raised. If more than $10.5 is committed, the company will scale-back shareholders pro-rata (alternatively the company has the option of closing the SPP once the $10.5 million is raised).

Central already has more than 120PJs of gas ready to sell through the NEGI pipeline with a gross sales contract value anticipated to be over $500 million over the next 10 years. We are confident, however, that with some limited expenditure on appraisal testing and reservoir modelling, the Company will be able to demonstrate that significantly more gas is available to provide for the long term supply of users in the East Coast domestic market.

The additional funds are aimed at maximising our reserves in the next 2 years so that Central is in a position to fill the NEGI pipeline by the time of first gas. In addition, given the gas shortage in the Eastern States and the value uplift occasioned by having access to those markets, it is always prudent to have some cash in reserve to enable the Company to negotiate from a position not of financial vulnerability but financial independence.

Our strategy to date has moved the Company from being 100% dependent on oil pricing in the first quarter of 2014 to a position in the last quarter where approximately 70% of our revenues are derived from domestic gas sales. What an exciting future your company now has. I hope you feel inclined to participate in this SPP.

Yours sincerely
Richard Cottee
Managing Director
Central Petroleum Limited

To view the invitation to participate in 2015 SPP, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-742426.pdf

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

Revolution Metals Releases IRGS Model of Significant Gold Deposits in NSW

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Revolution Metals advises that a conceptual model of the gold mineralization for its projects in northern NSW Australia has been completed. The model is rendered in a video format and shows the conceptual genealogy of the formation of gold in the area covered by the company's licenses.

Recently the company released a JORC 2012 compliant resource statement indicating 571,000 ounces of gold as a stage one exploration target. This includes a 6km strike of low grade, bulk tonnage, and numerous smaller targets consisting of high grade gold in epithermal structures over a wide area.

Indications are that a deeper source for the intrusions exists, and with no modern exploration applied to the area, the opportunity for defining a much larger resource is expected. The company is engaging a strategy to identify a potential > 1M ounce resource.

Initial drilling of the "Pine Creek Lode" has identified a JORC 2012 compliant resource of 26,000 ounces of Gold from only 4% of the strike length of the host ironstone formation.

The company is also progressing exploration, bringing additional resources to JORC compliant status within the exploration area.

To view the conceptual model, please visit:
http://www.youtube.com/watch?v=GhoC3DWwj-4

Apple iPhone users can download the video model and associated information from the iTunes store, please visit:
http://www.abnnewswire.net/iphoneapp

Tim Mckinnon
T: +61-2-8205-7339
W: www.revolutionmetals.com
iPhone: www.abnnewswire.net/iphoneapp

Sayona Mining Ltd (ASX:SYA) Exploration Update

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Sayona Mining Limited (ASX:SYA) is pleased to announce a progress update on the East Kimberley and Itabela graphite projects.

East Kimberley, Western Australia

Planning for a first phase drilling program at the Corkwood project is now advanced. A cultural heritage survey will begin this week followed by a drilling program shortly thereafter. The Company is planning a combined diamond and reverse circulation drilling program of between 2,000 - 3,000 metres, subject to any weather constraints.

Itabela, Brazil

The Company's due diligence program is at an advanced stage and it expects to complete its formal due diligence prior to the end of the four- month option period, ending November 2015. There have been delays in receiving all the information and data required to complete the internal assessment of Itabela's resource potential. The Company has been able to demonstrate the superior product quality characteristics of the Itabela graphite, and has received a number of expressions of interest for product supply.

Corey Nolan
Chief Executive Officer
Phone: +61 7 3369 7058
Email: info@sayonamining.com.au

Sayona Mining Ltd
T: +61 7 3369 7058
WWW: www.sayonamining.com.au

Thomson Resources Ltd (ASX:TMZ) Security Purchase Plan Offer Documents

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On behalf of Thomson Resources Ltd (ASX:TMZ), I am pleased to offer you the opportunity to increase your shareholding in Thomson through a Share Purchase Plan (the SPP).

Share Purchase Plan - Eligible Shareholders may purchase parcels of fully paid ordinary shares up to a value of A$15,000

As announced on 3 November 2015, Thomson recently completed a placement of fully paid ordinary shares at 5.0 cents per share to raise $95,000 (Equity Placement).

The purpose of the Placement and SPP is to raise funds to progress drilling at the Company's Bygoo tin project where outstanding drill results including 35m at 2.1% Sn, 10m at 2.0% Sn and 13m at 1.0% Sn have been returned from shallow depths in recent drilling (detailed in Thomson's quarterly report for September 2015). The new drilling will be targeted to establish the true width of these mineralised greisens and to extend the footprint of the mineralised zone. In addition it is proposed to test the Smith's workings which occur 400m south of Thomson's drilling at Bygoo North.

The Bygoo North tin prospect is located 7km north of the Ardlethan tin mine, south west NSW and is one of several prospects on Thomson Resources wholly owned Exploration Licence 8260. The Ardlethan Mine is the biggest known tin occurrence in NSW, and no significant exploration has occurred in the Ardlethan Tin Field since the mine closed in 1986. The drilling to date at Bygoo North has confirmed the discovery of a new, high grade tin greisen; this success at the first prospect to be explored augurs well for more discoveries in this well-endowed region.

The SPP provides shareholders with the opportunity to take up Thomson shares at the same issue price as the shares issued as the Equity Placement. Details of the Bygoo tin project are provided in the Company's ASX announcements of 19 September 2015 and 20 October 2015, in the Company's September 2015 Quarterly Activities Report and in a recent Company presentation released on 4 November 2015. These can be accessed on the Company website, www.thomsonresources.com.au.

The Share Purchase Plan

The amount that each Eligible Shareholder can apply for under the SPP is capped at A$15,000.

The SPP is being offered to Australian and New Zealand Shareholders at A$0.05 per new fully paid ordinary share (New Shares), being the issue price of fully paid ordinary shares under the Equity Placement (Issue Price).

The Issue Price represents a 0.62% discount to the volume weighted average price ("VWAP") of the Company's Shares on the Australian Securities Exchange ("ASX") during the 5 trading days immediately prior to the announcement date of the Offer (being 9 November 2015). The Issue Price also represents a 3.85% discount to the VWAP of the Shares on the ASX during the 10 trading days prior to the announcement date of the Offer.

The offer

The SPP is offered exclusively to all Eligible Shareholders, being registered holders as at 7pm (Sydney time) on Friday, 6 November 2015 (Record Date) with a registered address in Australia or New Zealand who meet certain other conditions as set out in the Terms and Conditions.

The SPP provides Eligible Shareholders with an opportunity to buy a parcel of New Shares in Thomson valued at A$2,500, A$5,000, A$7,500, A$10,000, A$12,500 or A$15,000. The SPP opens today and is expected to close at 5pm (Sydney time) on Monday, 7 December 2015.

Participation in the SPP is entirely voluntary. All New Shares issued under the SPP will rank equally with existing fully paid ordinary shares and will carry the same voting rights and entitlement to receive distributions. No brokerage costs apply to purchases under the SPP. The issue of New Shares is expected to occur on Friday, 11 December 2015

How to accept this offer

To apply for New Shares under the SPP, please follow the instructions in the accompanying Terms and Conditions and in the enclosed personalised Application Form.

This letter and its attachments set out the details and Terms and Conditions of the SPP. I encourage you to read the enclosed material and seek your own financial advice in relation to the SPP, before you decide whether to participate.

On behalf of the Board, I invite you to consider participation in the SPP.

Yours sincerely
Lindsay Gilligan PSM
Chairman

To view the full release including the personalised Application Form, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TMZ-891826.pdf

Thomson Resources Ltd
T: +61 2 9906 6225
E: info@thomsonresources.com.au
WWW: www.thomsonresources.com.au

MicroEquities Asset Management Launches Global Value Microcap Fund

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Microequities Asset Management (Microequities) today announced the launch of a Global Value Microcap Fund for the Australian wholesale market. This will be the third managed fund for the fast growing Microcap specialised asset manager.

Microequities Global Value Microcap Fund has been established to identify undervalued global Microcap companies with established business models and credible long term growth pathways. The Fund will invest predominantly in advanced economies around the globe and will leverage Microequities' proven expertise in the asset class and value driven approach.

"The Global Fund is a natural extension of Microequities' capability, value disciplined approach to investing and successful track record", said current Chief Investment Officer (CIO) Carlos Gil.

The Global Value Microcap Fund will be managed by Chief Investment Officer Carlos Gil and a team of "Microcap only" specialised analysts. Microequities' in-house research capabilities and specialisation is precisely the main point of differentiation with other fund managers with Microcap products. "Microcaps require a specialised investing skill set and domain expertise and our value long term investing ethos cohabits very well with the nature of the underlying asset class", concluded Gil.

COCKTAIL LAUNCH OF GLOBAL VALUE MICROCAP FUND

Wednesday 18th of November | 6-8 pm |
The Sydney Mint (10 Macquarie St.)
Media enquiries and RSVP:
Eva Lopez Casero (ebeltran@microequities.com.au)
T: 04 0223 3782

T: 02 9009 2900
W: http://www.microequities.com.au

Raya Group Ltd (ASX:RYG) Business Spectator News Article

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Raya Group Limited (ASX:RYG) wishes to advise that an article written by John Stefanac, CEO of Xped Holdings Limited has today been published by Business Spectator.

John discusses the evolution and opportunities of the 'Internet of Things'.

A copy of the online article can be accessed by the link below:
http://www.abnnewswire.net/lnk/0LA6O65P

Raya Group Ltd
T: +61 3 9642 0655
WWW: www.rayagroup.com.au

Balmoral Resources Ltd (TSE:BAR) Intersects 10.50% Ni, 0.74% Cu, 1.87 g/t Pt and 4.87 g/t Pd Over 7.50 Metres in Deep Drilling of H3 Zone, Grasset, Quebec

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Balmoral Resources Ltd. (TSE:BAR) (OTCMKTS:BALMF) today announced that the Company has intersected a very high-grade sulphide vein-breccia system in the immediate footwall to the H3 Nickel Zone, at the 425 metre vertical level, which returned 10.50% Ni, 0.74% Cu, 1.87% Pt and 4.87 g/t Pd over 7.50 metres. This interval, in hole GR-15-97 (see Table and Figures 1, 2 and 3 - in link below) when combined with the more typical, overlying, disseminated style H3 Zone mineralization produced a mineralized intercept of 63.02 metres grading 1.89% Ni, 0.15% Cu, 0.33 g/t Pt and 0.85 g/t Pd.

GR-15-97 intersected the H3 Zone approximately 50 metres down dip and 40 metres southwest of GR-15-87 (42.70 metres grading 1.11% Ni, 0.12% Cu, 0.20 g/t Pt and 0.49 g/t Pd - see NR15-12, Sept. 8, 2015) confirming the continuation of the high-grade core of the Zone to depth. Drilling also continued to expand the overall scale of the mineralized system with nickel bearing sulphides now intersected to a vertical depth of 540 metres along the projection of the H3 Zone.

The very high-grade vein-breccia intersected in hole GR-15-97 consists of a series of massive to semi-massive sulphide intervals cutting the ultramafic hosts at angles ranging from 10 to 85 degrees to core axis, consistent with a breccia-style of mineralization. The individual semi-massive to massive sulphide intervals display nickel grades ranging from 6.34 to 18.95% (the highest grade nickel assay returned to date from Grasset) and platinum + palladium grades of 4.63 to 13.66 g/t. Ni:PGE ratios are consistent with those observed throughout the H3 Zone. This separates this interval from the more typical high copper and PGE-rich footwall veins, suggesting it could mark a more primal or "feeder-type" zone. Additional drilling will be required to determine the extent and geometry of this new discovery.

"The discovery of this type of footwall vein-breccia system beneath H3 provides additional encouragement for further discoveries of very high-grade semi-massive to massive nickel sulphide bodies within the Grasset Ultramafic Complex" said Darin Wagner, President and CEO of Balmoral. "The timing of this discovery is excellent as work towards producing an initial resource estimate for the H3 Zone, which will incorporate the results released today, is underway. We expect these results early in 2016."

Drill hole GR-15-99a-w1 was collared in an attempt to test the central core of the H3 Zone to depth beneath hole GR-15-90a. The hole drifted at depth and ended up intersecting the plane of the H3 Zone approximately 55 metres to the SE of the intended pierce point. The hole did not intersect any significant nickel mineralization along the projected plane of the H3 Zone, possibly as a result of fault complications in this area.

GR-15-99a-w2, which was wedged off the pilot hole, intersected two broad, lower-grade nickel sulphide intervals, similar to those intersected in hole GR-15-80a above. These mineralized intervals appear to mark the vertical extension of the H3 Zone. The central plunge line of the Zone remains open and untested to depth beneath holes GR-15-97 and GR-15-90a (see Figure 2, in link below). Resource infill drilling within the shallower portion of the Zone aided in constraining the central fault corridor and returned a strong intercept of 30.04 metres grading 1.20% nickel in hole GR-15-93a at approximately 160 metres vertical depth (see Figure 4, in link below).

Gold Mineralization

Drill hole GR-15-95 returned a gold-rich intercept in the hanging wall to the H3 Zone. The 9.38 metre interval between 260.80 and 270.18 metres downhole returned an intercept grading 1.31 g/t gold, including 4.35 g/t gold over 1.48 metres between 260.80 and 262.28 metres. The Company currently recognizes three gold zones - two in the hanging wall and one in the footwall to the Grasset Ultramafic Complex - proximal to the H3 Zone.

Drilling is anticipated to resume at Grasset in January of 2016. Further expansion of the H1 and H3 Ni-Cu-PGE Zones, as well as a multi-hole program designed to follow-up on the Company's winter 2015 discoveries of Ni-Cu-PGE mineralization throughout the Grasset Ultramafic Complex will be the principal focus. In addition, the Company may undertake direct testing of one or more of the gold discoveries located proximal to the H3 discovery to determine if they provide a "value add" proposition to the evaluation of the H3 Zone.

Exploration Drilling - Grasset Gap and Hinge Areas

During the fall 2015 program the Company completed a total of nine exploration holes, six in the Grasset Gap VMS target area and three in the Grasset Hinge area. The Grasset Gap target area is located 14 to 21 kilometres east of the H3 Zone. The target is marked by a 7.0 kilometre long trend of stratiform airborne EM conductors which are now known to be associated with semi-massive to massive sulphide mineralization hosted by what are interpreted to be exhalative lithologies. Initial drill testing of five conductors intersected broad zones of massive to semi-massive sulphide mineralization, locally associated with anomalous levels of copper, lead, zinc and silver. Geologically the Grasset Gap Trend exhibits similarities to the productive West Camp in the nearby Mattagami VMS district. The Company will conduct follow-up testing of this new target area during 2016.

Widely spaced testing in the Grasset Hinge area, a strongly folded sequence dominated by mafic intrusive and extrusive rocks located NE of the H3 Zone, reinforced the Company's view that the Hinge is prospective for gold mineralization. All of the samples (163 in total) collected from two of the three holes in this area, GR-15-19 and GR-15-20, returned gold values above detection limits. Overburden cover in the Hinge area is considerably shallower than typically observed throughout the project making it potentially amenable to low-cost geochemical surveying to further refine targets.

To view the release including tables and figures, please visit:
http://media.abnnewswire.net/media/en/docs/81545-TSX_BAR_20151116.pdf

John Foulkes
Vice President, Corporate Development
T: +1 (604) 638 5815
Toll Free: (877) 838 3664
E: jfoulkes@balmoralresources.com

Balmoral Resources Ltd
The Office of the President
Balmoral Resources Ltd
T: +1 604 638 3664
E: info@balmoralresources.com
WWW: www.balmoralresources.com

iQ3Corp Ltd (ASX:IQ3) Chairman's Address to Shareholders - 2015 AGM

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iQ3Corp Ltd (ASX:IQ3) are pleased to provide the Chairman's Address to Shareholders at the 2015 Annual General Meeting (AGM).

Chairman's Address:

Good morning ladies and gentlemen, on behalf of the Board of Directors, I am pleased to present the operational and financial review for iQ3Corp Ltd for the financial year ending 30th June 2015. Before I begin, I would like to thank all Directors for their contributions in what has been a very busy year, and our Executive Team and our employees for their hard work and diligence.

The iQ3Corp team has successfully set up the groundwork to implement the company's strategy, hence fulfilling on its deliverables including:

- Systems and processes, which will allow the company to deliver its services in a compliant and efficient manner;

- Positioning of the company in the capital markets, as well as within its customer segment base, the Australian Biotechnology industry; and

- Recruitment and retention of key people to in order to effectively translate our vision into reality.

The net loss after tax of the group for the year ended 30 June 2015 was $1,910,855 (2014: $975,864), which represents expenditure required for building this infrastructure.

The company was officially listed on the ASX on the 18th May 2015 after successfully raising $4,400,000 through an Initial Public Offering. The utilisation of funds during the year is being applied towards the development of the company's core offerings of:

- Corporate finance and advisory
- Mergers and acquisitions
- Capital raising and distribution channels

The net assets at year-end were $4,227,228 compared to $1,126,477 in the previous year. This provides an overall strengthening of working capital to fund the growth opportunities moving forward.

iQ3Corp is always seeking to deliver value to all its stakeholders and to ensure that we integrate sustainable opportunities into our overall strategy and operations. As previously announced, through our wholly owned subsidiary in the USA, iQ Capital LLC, we are applying to the US regulators, FINRA and SEC, in order to obtain the necessary licensure to operate our own, life science focused, investment banking business. From here we will be creating the pathway to give our life science clients access to capital markets at a global level. This is all part of our strategy in developing our role as the key global partner in the development of these life science companies.

We are confident that our technocratic and innovative iQ3 team, led by an aspirational and committed group of executive management and board members, can deliver on the clear mandate to build the iQ3Corp business and make a difference in the Australian Life Science sector.

Peter Coolentianos
Chairman
iQ3Corp Ltd
T: +61 2 8239 5400
E: info@iq3corp.com
WWW: www.iq3corp.com

KBL Mining Ltd (ASX:KBL) Completes Transition to Low Cost Open Cut Gold Producer

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KBL Mining Limited (ASX:KBL) is pleased to announce that the strategic plan highlighted in the Managing Director's letter of August 2014 is now is now nearly fully implemented.

Key achievements to date have been:

- Arrangement of USD23 million in funding

- KBL has transformed into an open cut, low cost gold and silver producer

- The Pearse open cut is now in full production

- Gold and silver concentrate recovered through the floatation circuit

- The new CIL plant wet commissioned and scheduled for the first slurry from flotation and oxide ore from stockpile within the next week

- Significant underground development

- With open cut production underground activities have been curtailed except for an infill reserve drilling planned for next month.

Production

The removal of over burden in the Pearse open cut is nearing completion with up to 80% of the waste stripped out of the pit exposing the entire top of the orebody. The pit has progressed well with oxide ore stockpiled and sulphide ore mined and fed into the process plant. The reconciled open pit grades are in line with the reserve grades, which gives KBL confidence that the Pearse mining plan will meet it targets. Current grades are averaging 6.9 grams per tonne gold and 35 grams per tonne silver.

Process Plant

The process plant flotation recovery was forecast to be 70% based the results from extensive flotation test work. We are pleased to report, after a slow commissioning period, the recoveries are on budget with the average recovery from flotation for the last seven days at 72.2% (66% for November to date). As reported to the shareholders we sold our first gold concentrate in early November and have recently sold a second batch of some 1300 wet tonnes of concentrate. The concentrate typically has a grade of 60-70 grams per tonne gold and 400-450 grams per tonne silver.

The flotation tailings contain cyanide leachable gold and are stored in a special purpose tails area for CIL plant processing in conjunction with oxide ore currently stockpiled. The oxide ore stockpiled grades between 3 to 5 grams per tonne gold. The stored tails, have a similar grade. Test work indicates the oxide ore gold recovery will be between 95 to 97% and the flotation tails gold recovery will be around 50% recovery through the CIL plant. The commissioning of the CIL in conjunction with the expanded flotation plant is expected to result in overall gold recoveries of 85 to 90 percent.

The CIL plant was wet commissioned earlier this month while the reagent handling has been commissioned over the last 14 days. The process plant will be shutdown for 12 hours on Thursday (19th November) in order to bring the new CIL plant online. The first "Dore" Gold pour is on schedule for December 2015.

Managing Director Comment

In August 2014 we identified the key issues facing KBL and constructed a plan accordingly to remedy these issues in order move the mine to profitability. With the last elements of the project now being commissioned the Company has transformed into an low cost gold producer. The transition into a low cost producer will allow the Company's finances to improve significantly in the next year. Through ongoing infill drilling and further project development we are de-risking and secure future resources for the Company for the longer term.

Brian Wesson
Managing Director
KBL Mining Limited
T: +61 2 9927 2000
E: info@kblmining.com.au
WWW: www.kblmining.com.au

KBL Mining Ltd (ASX:KBL) 2015 Annual General Meeting Chairman's Address

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KBL Mining Ltd (ASX:KBL) are pleased to provide the 2015 Annual General Meeting Chairman's Address to shareholders.

Chairman's Address:

Good morning and welcome to this sixth Annual General Meeting of KBL Mining as an ASX listed Company.

The past financial year was once again constrained by extremely low commodity prices followed by significant reduction in the Australian dollar due to a continuation of slow growth in the US and Europe followed by a slowdown in industrial production in China resulting in difficult operating conditions. However, in March this year the Company was able to successfully refinance the Company with the Quintana US$23 million streaming commodity agreement that enabled the repayment of the $12.6 million Capri loan, and the commencement of the building of the CIL gold plant costing in the order of $9 million and further upgrading of the existing processing plant to enable the commencement of mining of the Pearse open cut gold operations. By mid-year the deterioration of commodity prices resulted in an acceleration of the commencement of the Pearse open cut such that underground operations could be suspended by the end of the third quarter. The processing of gold from the Pearse open cut requires the production of two
separate streams - the surface oxide gold through the CIL plant to produce gold bullion and the deeper transition and sulphide gold floated in the existing concentrator to form a gold concentrate. The remaining gold in the tailings is treated in the CIL plant to get maximum gold recovery.

To date, in excess of 2,000 tonnes of gold concentrate has been produced in advance of the commissioning of the CIL gold plant, which is due this week to commence the cyanidation in the leach tanks of oxide ore and tailings with first gold expected to be poured by mid-December. The underground operations have been suspended until the first quarter of next year, when it is anticipated that new development will recommence in delineating the copper gold G lode located in the Southern Ore Zone. With the significant gold production from the Pearse open cut 2016 is anticipated to be a very rewarding year for shareholders.

As previously reported in April 2014 West Australian Minister for Environment granted environmental approval for the Sorby Hills Project. This project is the most significant asset in the Company and consists of nine shallow high grade deposits within a linear north-south mineralised trend extending over a 10 kilometre strike length. To date, the total Resource of the trend as defined by KBL stands at 16.5 Mt at 4.7% Pb, 0.7% Zn and 53 g/t Ag (at a 2.5% Pb cut-off; Updated to incorporate 29 November 2013 DE Resource Estimate), which is sufficient to support a multi decade operation. The Sorby Hills Project is a joint venture between KBL 75% (Manager) and Henan Yuguang Gold & Lead Limited Co., 25% (Yuguang). With the improved cash position of the Company in 2016 it is anticipated that significant progress will be made for the development of the Sorby Hills Project.

I am confident that economic conditions for the resource industry will significantly improve during the coming 12 months as the major world economies shake off the after effects of the GFC. The closure early next year of a major lead zinc mine should also assist in improving the price outlook for these two commodities which play a critical role in the Company's future.

I would like to thank my fellow directors , management and staff for their commitment in turning the Company's fortunes around in extremely difficult operating and commercial conditions as well as all shareholders and noteholders for their support even though the share price has been at very depressed levels.

To view the Company's AGM Presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-KBL-742554.pdf

Jim Wall
Chairman
KBL Mining Ltd
T: +61 2 9927 2000
E: info@kblmining.com.au
WWW: www.kblmining.com.au

Atrum Coal NL (ASX:ATU) Appoints New Chairman

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Atrum Coal NL (ASX:ATU) is pleased to announce the appointment of Robert W. (Bob) Bell as Executive Director and Chairman of the Company.

Highlights:

- Atrum appoints Bob Bell as Executive Director and Chairman
- Head office moves to Canada
- James Chisholm to remain a Non-Executive Director

Mr Bell has had a long and distinguished career in the coal sector in Canada. He is a mining engineer and business administration graduate with more than 27 years' experience in the Canadian coal industry and in international coal markets. He brings executive management experience with experience in coal mine development, marketing, logistics and operations including mine planning, management of the environment and First Nations relationships. He has strong technical marketing skills, has overseen major capital projects, business development and mergers and acquisitions.

Mr Bell has a well-established network in the Canadian coal industry and has served in the past on the board and as Chair of the Coal Association of Canada. He also served two terms as Chair of Neptune Bulk Terminals (Canada) Ltd., one of the largest bulk commodity export terminals in western North America. He currently serves on the boards of the Western Canadian Shippers Coalition and the Western Canadian Coal Society.

Commenting on the appointment, Bob Bell said:

"I am delighted to have been appointed Chairman of the Board of Atrum and I am looking forward to meeting shareholders and continuing the work started by James Chisholm.

"The Company is transitioning to a developer and the Board has agreed that a local Chairman would facilitate the next stage of growth.

"I would like to thank James and the other directors for putting their faith in me and I look forward to delivering shareholder value as we negotiate a sell-down of the Groundhog North Mining Complex partner with major Asian groups on Panorama North and Panorama South, secure the bulk sample permit and provide samples of our anthracite to various steel mills and other users of high carbon feedstock.

"The Board wishes to thank James for the strategic vision that he brought to the company and for his efforts over the past few years, and in particular, over the last few months during a difficult period for the Company."

In 2007, Mr Bell was appointed Chief Commercial Officer of the coal business unit of Teck Resources, the world's second largest coking coal exporter, responsible for all Teck's coal marketing and transportation. In 2014 he become CEO of Ram River Coal Corporation, a Canadian company with a metallurgical coal project in Alberta, backed by CD Capital, Lundin Mining and Liberty Metals and Mining. Its owners decided on an alternate development path so Mr Bell undertook some consulting assignments while he reviewed Atrum and the Groundhog anthracite project. Since joining the Board in August 2015, Mr Bell has helped navigate the issues surrounding the departure of the Company's founders.

Mr Bell has extensive experience in transportation including negotiation of major rail and port agreements, logistics and arbitration of commercial disputes, transportation strategy, marketing strategy development, major commercial agreement negotiations with steel mills and off-take partners and general corporate development. He also has significant experience in reviewing potential acquisition opportunities.

Bob's education includes a degree in mining engineering from McGill University in Montreal, a master's degree in business administration from Queen's University in Kingston Ontario and the Directors Education Program (ICD.D) from the Rotman School of Management/Institute of Corporate Directors.

With the Bulk Sample Permit process nearing completion, the previous Chairman, James Chisholm, elected to make way for a more experienced Canadian-based executive, to position the Company for its move from explorer to developer. Bob's experience with government, First Nations and with the coal sector in general in Canada, will be invaluable for the transition, not only into a developer but from an Australian-based operation to one with its head office in Canada.

The remuneration payable to Mr Bell will be an annual base salary of C$400,000pa plus 3% superannuation. In addition, subject to shareholder approval the following performance rights will be awarded, with all shares subject to orderly market arrangements during his time as Chairman and for 24 months after the cessation of the role:

- 200,000 performance rights convert into shares on the commencement of the role;

- 100,000 performance rights convert into shares when the Company secures a Bulk Sample Permit;

- 300,000 performance rights convert into shares when the Company sells a minimum 5% stake in the Groundhog North Mining Complex;

- 300,000 performance rights convert into shares when the Company raises A$30m or more;

- 600,000 performance rights convert into shares in tranches depending on the volume weighted average price of the Company's shares as traded on the ASX over 20 days being equal to or exceeding A$0.85 (100,000 shares); A$1.00 (100,000 shares); A$1.25 (100,000 shares); A$1.50 (100,000 shares) and A$2.00 (200,000 shares).

Except for termination with cause or other certain conditions, Mr Bell will be paid two months base salary plus one additional month for every year worked up to a maximum of 12 months if he is terminated by the Company.

As part of the focus on Canadian operations, the Company's head office is now in Vancouver with only the registered office remaining in Sydney, along with some finance, audit and company secretarial functions. Peter Doyle, VP Business Development and Marketing, is in the process of relocating to Canada to take advantage of the proximate Canadian offices of North Asian traders and the large number of local North American manufacturers and mills utilising high carbon feedstock.

James Chisholm
Executive Chairman
M: +61 419 256 690
E: james@atrumcoal.com

Theo Renard
Company Secretary
M: +61 430 205 889
E: trenard@atrumcoal.com

Nathan Ryan
Investor Relations
M: +61 420 582 887
E: nathan@atrumcoal.com

Invigor Group Ltd (ASX:IVO) Appointment of Chief Operating Officer

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Leading big data solutions company Invigor Group Limited (ASX:IVO) ("Invigor") has appointed Richard Granger as Chief Operating Officer (COO) of the company, effective immediately. Richard brings to Invigor Group a strong operational and leadership focus, having had an extensive international career with several senior executive appointments with global responsibilities in information technology.

Richard has a proven track record across a number of different industries including Financial Services, Telecommunications and Health. Prior appointments have included being a partner at Deloitte in London, Director General for Health IT for the National Health Service (NHS) in the UK where he procured and delivered the world's largest healthcare IT program and as the Interim CTO for a Fortune 500 Corporation. He has deep experience both in the procurement and supply of major IT programs.

Richard will report to the CEO and will lead all day to day operations for Invigor worldwide.

Invigor's Chairman and CEO Mr Gary Cohen said: "Richard will be a valuable addition to the Executive Team. His combined industry knowledge and experience will strongly support the growth and development of the business."

Gary Cohen
Chairman & CEO
T: +61 2 8251 9600

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

Invigor Group Ltd
T: +61 2 8251 9600
E: info@invigorgroup.com
WWW: www.invigorgroup.com.au
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