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Avanco Resources lodges rights issue prospectus October 14, 2008

Posted by Fortbridge in Mining.
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Brazilian-based copper and gold exploration company Avanco Resources (ASX: AVB) has released a renounceable rights issue prospectus for the offer of securities to raise approximately $2,200,000. The prospectus was lodged today with the Australian Securities and Investments Commission.

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Mosaic Oil releases Operations Update at the Surat-Bowen Basin, QLD, Australia October 14, 2008

Posted by Fortbridge in Energy.
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Mosaic Oil (ASX: MOS) is currently monitoring the well production performance at Taylor-19 (PL 16 – MOS 100%) with a view to increase the production flow rate.

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Linc Energy produces first liquids from Chinchilla GTL Plant and completes $17m capital raising October 14, 2008

Posted by Fortbridge in Energy, Mining.
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Australian clean coal technology leader Linc Energy (ASX: LNC) has produced the first liquids from its Chinchilla Gas-to-Liquid (GTL) demonstration facility in Queensland.

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