Has agreed to purchase the high grade Camperdown gold resource from Solbec Pharmaceuticals Limited for $25,000 cash payment and 1% net smelter royalty on gold produced (capped at $
Offer closed on 29 September with Implats securing 79% of stock. Implats now intends stand in the market at $4.08 per share until 4 pm on Thursday 11 September.
NM Rothschild Australia Holdings Pty Ltd decreased its relevant interest from 10,500,000 ordinary shares (19.63%) to 10,135,000 ordinary shares (14.85%).
Has completed a placement of ordinary shares to two private investors. The placement has been made at 1.5 cents per share with a gross amount of $585,000 being raised.
Will convene a directions hearing in the Federal Court to seek further orders with respect to its claim against Pasminco Ltd and Savage Resources Ltd as Pasminco has failed to file