Posts by Larry

Ex-Nexus Energy Managing Director and founder of Queensland Gas, Richard Cottee will join Austin Exploration in tandem with a large capital raising to aggressively push forward with the companies US shale gas exploration plans. The company plans to raise $15-$20m to fund the drilling of its Texan shale gas assets. See the companies website for more details: http://www.austinexploration.com/

708capital is participating in the current $15-$20m capital raising. See: Current opportunities

 

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The company has announced the execution of a binding agreement to acquire all of OZL’s Cambodian gold assets. The project package includes a 730k oz in situ resource¬† at the Okvau deposit where mineralisation remains open at depth and along strike. OZL has spent $35m on the suite of projects to date but has elected for focus on its Australian projects. The project has been funded by way of a staged series of cash and scrip considerations totalling 26.4m RNS shares and cash of $35.3m subject to the meeting of a number of milestones (please see http://www.renaissanceminerals.com.au for more information)

708capital is participating in the current $12m capital raising. See: Current opportunities

 

Please note: Links on this page are provided for your convenience only. We cannot guarantee the accuracy of the information contained on these websites.

Ventnor resources (VRX) announced more spectacular drill results incl. 10m at 6.82% and 29m at 2.22%.

VRX announced a $3.5m placement to further advance drilling at their Thaduna and Green Dragon exploration projects.