Company Updates
First Drill Results Have Wide and High-Grade Intersections of Cobalt Mineralisation at the Offset and Railway Prospects Near Broken Hill
BPL’s planned 21 hole reverse circulation (‘RC’) drill program is now well advanced at the Thackaringa cobalt project near Broken Hill in NSW (Figure 1). The program was planned to test large geophysical anomalies (zones of strongly conductive and chargeable rocks) which extend for more than four kilometres north-east from the Big Hill Cobalt deposit […]
Cobalt Resources Set to Grow with Discovery of New, High-Grade Intersections of Cobalt Mineralisation at the Railway Prospect
Drilling at the Railway Cobalt Prospect near Broken Hill has intersected thick, high-grade zones of cobaltiferous pyrite. Drill intersections of more than 45 metres of 3.85 pounds per tonne cobalt is similar in thickness but more than double the cobalt grade than the nearby Pyrite and Big Hill Cobalt Deposits. The wide-spaced drilling intersected near-surface […]
Cobalt Deposits Continue to Grow
The wide-spaced drilling has intersected near-surface cobaltiferous pyrite mineralistaion within a zone which trends for more than 1.5 kilometres and is up to 300 metres wide (Railway Cobalt Prosperct). The mineralistation is open at depth. BPL has commenced a resources assessment and will undertake a scoping study to investigate a 7.5 million tonne per year […]
Agreement to Sell Austock’s Property Fund Management Business to Folkestone
Austock Group Limited (ASX:ACK) and Folkestone Limited (ASX: FLK) advise that they have reached agreement for the sale of all of Austock’s shares in its subsidiary Austock Property Funds Management Pty Ltd and related entities in the property funds management business (“Austock Property”). Details are included in the appendix. Austock Property manages four funds – […]
TopBetta Offers Unique Betting Concept
There are many online opportunities where punters can bet on the result of football and racing events, but TopBetta is the only one in Australia where punters can bet against each other – and not the house – in a tournament. TopBetta is the brainchild of Newcastle-based sports agent Todd Buckingham and his team, who […]
Austock’s Agrees to Sell its Property Funds Management Business to Folkestone
The acquisition of the Austock property business is consistent with Folkestone’s strategy to expand its funds management platform. Mr Greg Paramor, Managing Director of Folkestone said, “We are delighted that the Austock Property team led by Nick Anagnostou will be joining Folkestone. The Austock Property team has an excellent reputation in managing property related social […]
3rd Annual Australian Microcap Investment Conference
Hear firsthand from over 20 of Australia’s leading microcap CEO’s about their strategies and the market they operate in. The conference will also include keynote presentations on the economic conditions and market factors impacting the microcap sector. Companies presenting include: NewSat Limited (NWT) Adrian Ballintine, Chief Executive Officer TFS Corporation Limited (TFC) Quentin Megson, Chief […]
Further Funding Raised Through Convertible Loans
Sprint Energy Ltd (“Sprint”) (ASX Code: SPS) wishes to advise whilst the Company continues the process of evaluating and making positive steps to re-establishing value in the current and future assets of the Company, further working capital has been acquired through the use of convertible loans entered into during June 2012 raising a total of […]
VOCUS Communications Limited Announces Institutional Equity Placement And Share Purchase Plan
VOCUS Communications Limited announced that it has launched a fully underwritten placement of approximately 9.15 million new VOC shares to raise approximately AUD 14.9 million of additional capital (Placement). The funds raised from the Placement will be used to fund the Company’s growth strategy and provide working capital. The Placement is being offered to institutional […]
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