Sprint Energy raises over US1 Million for Tomsk Basin project in West Siberia May 15, 2013
Posted by Fortbridge in Energy.Tags: capital raising, Russia, Sprint Energy, tomsk Project, West Siberia
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Sprint Energy Limited (ASX: SPS) has raised $1,040,000 via an unsecured convertible debt instrument. The debt is convertible at the lower of a 20% discount to the 30 day VWAP or 0.5 cents, with an interest rate of 10% per annum. The termination date is 31 January 2015. Directors and management have agreed to co-invest up to $100,000 of the raising, subject to shareholder approval.
Quarterly reports for March 2013 April 30, 2013
Posted by Fortbridge in Energy, Mining.Tags: 2013, Azimuth Resources Limited, Celsius Coal Limited, Cue Energy Resources Ltd, Exalt Resources, Highlands Pacific, Hillgrove Resources Limited, Hot Rock Limited, International Coal Limited, March quarterly report, Minotaur Exploration Limited, Mozambi Coal Limited, PanTerra Gold Limited, Potash Minerals Limited
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Hillgrove Resources (ASX: HGO), Azimuth Resources (ASX: AZH), Celsius Coal (ASX: CLA), Cue Energy Limited (ASX: CUE), Exalt Resources Limited (ASX: ERD), Highland Pacific Limited (ASX: HIG), Hillgrove Resources Limited (ASX: HGO), Hot Rock Limited (ASX: HRL), International Coal Limited (ASX: ICX), Minotaur Exploration (ASX: MEP), Mozambi Coal (ASX: MOZ), Panterra Gold Limited (ASX: PGI) and Potash Minerals Limited (ASX: POK) have released its quarterly reports for the three-month period ending 31 March 2013.
Sprint Energy signs $11M funding with Hanhong for Tomsk Project April 29, 2013
Posted by Fortbridge in Energy.Tags: funding, Hanhong, investment, Sprint Energy Limited, tomsk Project
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The Board of Sprint Energy Limited (ASX:SPS) has advise that a non-binding Letter of Intent (“LOI”) has been executed with Hanhong to start an investment process for capital funding of the Tomsk Project.
ASX Spotlight Hong Kong and Singapore – May 2013 April 24, 2013
Posted by Fortbridge in Energy, Mining.Tags: ASX Midcap conferences, Hong Kong, singapore
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Fortbridge, On behalf of the Australian Securities Exchange (ASX), is inviting you to attend the exclusive ASX Small to Mid-Caps Asia Conferences being held in Hong Kong on 14th of May at the Island Shangri-La and in Singapore on 16th of May at The Ritz Carlton.
Scheme of Arrangement with U&D Mining Becomes Effective April 22, 2013
Posted by Fortbridge in Energy, Mining.Tags: approval, Australian Securities Exchange (ASX), Endocoal Limited, Federal Court of Australia, U&D Mining Industry Pty Ltd
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Endocoal Limited (ASX: EOC) has announced that the orders of the Federal Court of Australia approving the scheme of arrangement under which U&D Mining Industry Pty Ltd will acquire all of the issued shares in Endocoal were lodged with the Australia Securities and Investments Commission today, at which time the Scheme became legally effective.
Cue Appoints Chief Executive Officer April 18, 2013
Posted by Fortbridge in Energy.Tags: appointment, Chief Executive Officer, Cue Energy Resources, David Biggs
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The Board of Cue Energy Resources Limited (ASX: CUE) announced that following an extensive search, the Company has appointed Mr David Biggs as Chief Executive Officer. David will commence work on 22 April 2013.
U&D Mining waives condition related to PRC regulation April 16, 2013
Posted by Fortbridge in Energy, Mining.Tags: china, Endocoal Limited, U&D Mining Industry Australia, waive
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Endocoal Limited (ASX: EOC) announced that U&D Mining Industry (Australia) Pty Ltd (U&D Mining) has this afternoon waived the condition that U&D Mining receives PRC regulatory approval to proceed with its proposed acquisition of Endocoal via a Scheme of Arrangement (the Scheme) as it relates to the National Development and Reform Commission of China, the Ministry of Commerce of the PRC and the State Administration of Foreign Exchange of China.
ICX signs Joint Venture on Surat Thermal Coal Project April 12, 2013
Posted by Fortbridge in Energy, Mining.Tags: Coal Face Resources, ICX, International Coal, JV agreement, surat basin, thermal coal
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International Coal Limited (ASX: ICX) is pleased to announce that the company has signed a Joint Venture Agreement with Coal Face Resources to progress development of EPC 2286 (Don Juan) in the Surat Basin.
Celsius Coal: Company Insight – Unique 250mt+ Coking Coal Project April 11, 2013
Posted by Fortbridge in Energy, Mining.Tags: Alexander Molyneux, Celsius Coal, Company Insight
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Celsius Coal (ASX: CLA) has released a transcript of the lodged company insight recorded from Celsius Coal Executive Chairman Alexander Molyneux by companyinsight.net.au.
New Guinea Energy receives affirmation that prospect is likely a significant oil play April 5, 2013
Posted by Fortbridge in Energy.Tags: New Guinea Energy, NGE, PPL 267, Significant Oil Play/Target
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New Guinea Energy Limited (ASX:NGE), Operator and 100% equity owner of Petroleum Prospecting Licence (PPL) 267 is pleased to announce the results of an independent technical review of prospective resources by Gaffney, Cline & Associates (GCA), a qualified reserves evaluator.
Consuelo Project Progresses Toward Grant- Additional Information March 12, 2013
Posted by Fortbridge in Energy, Mining.Tags: Consuelo project, International Coal Limited, progress report, update
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International Coal Limited (ASX:ICX) has released additional information on the latest progress report for the Consuelo Project this March 2013.
Celsius receives first A$5 Million funding from Blumont Group March 11, 2013
Posted by Fortbridge in Energy, Mining.Tags: Blumont Group Limited, Celsius Coal Limited, funding, Grant Thomas, singapore
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Celsius Coal Limited (ASX:CLA) has announced the first payment of $5m has been received from Blumont Group Limited (“Blumont’) as per the strategic funding arrangement announced to the market on 7 February 2013. Accordingly 227,272,727 ordinary shares in Celsius Coal Limited have today been issued to Blumont at the price of $0.022 per share.
Consuelo Project progresses towards grant March 11, 2013
Posted by Fortbridge in Energy, Mining.Tags: Consuelo project, ICX, International Coal, update
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International Coal Limited (ASX: ICX) has released the latest progress report for the Consuelo Project this March 2013.
