IMX Resources advises that the previously announced application for voluntary de-listing of its securities from trading on the Toronto Stock Exchange has been accepted and that its securities will be de-listed from the TSX with effect from the close of business on 10 August 2015. No change will occur to the quotation and trading of IMX securities on the Australia Securities Exchange and IMX securities remain available for [...]
IMX Resources is pleased to advise that a Fixed Loop Electromagnetic survey has identified two strongly conductive, high quality drill targets in close proximity to the high-grade Shimba resource at its flagship Chilalo Graphite Project in south-east Tanzania. The new targets, highlighted in Figure 1, are both located within 300m of the Shimba resource and are believed to represent extensions to the existing Mineral [...]
IMX Resources advises that it has applied for voluntary de-listing of its securities from trading on the Toronto Stock Exchange. Subject to the application being accepted, it is expected that the Company’s securities will be de-listed and therefore no longer traded on the TSX after the close of trading on Monday 10 August 2015. The de-listing date will be announced following confirmation from the TSX.
Coventry Resources announced that thick semi-massive to massive sulphide mineralisation, comprising predominantly chalcopyrite (copper-sulphide) and pyrite, has been intersected in all five diamond core drill holes completed to date at the highly prospective high-grade Caribou Dome Copper Project in Alaska, USA, with exceptional drilling results including: 18.1m at 9.34% copper and 18.4m at 6.25% copper. Graphite [...]
IMX Resources is pleased to advise that it has secured a strategic cornerstone investment by a prominent Chinese business leader for over half of a $3.0 million share placement comprising 250 million shares at 1.2 cents per share. The Placement is subject to the approval of IMX shareholders at a General Meeting which is expected to be held on 25 August 2015.
IMX Resources is pleased to advise that its joint venture partner in the Ntaka Hill Nickel Project in Tanzania, Loricatus Resource Investments, an investment vehicle on behalf of Mauritius-based mining private equity fund, Fig Tree Resources Fund II, has provided a summary of its technical work completed to date. The full Fig Tree summary is attached to this news release.
Further to its announcement of 15 June, IMX Resources is pleased to advise that it has now received a cash payment of US$1.7 million (A$2.2 million) from Loricatus Resource Investment, an investment vehicle on behalf of Mauritius-based mining private equity fund, Fig Tree Resources Fund II. This payment represents the remainder of the first tranche of US$2.0 million payable by Fig Tree under the Ntaka Hill Nickel Project [...]
IMX Resources Limited is pleased to announce that GMP Securities Australia Pty Limited has issued a research report on IMX. To access the report, please visit our website at imxresources.com.au under Investors – Research Reports.
IMX Resources is pleased to advise that it recently concluded a successful marketing visit to China, during which it received positive feedback on the quality and commercial potential of its flagship Chilalo Graphite Project in south-east Tanzania and also obtained valuable market information. The end-users targeted by IMX have exposure to either existing spherical graphite production facilities and/or lithium-ion battery [...]
IMX Resources is pleased to advise that it has amended its agreement with Loricatus Resource Investments, an investment vehicle on behalf of Mauritius-based mining private equity fund, Fig Tree Resources Fund II (‘Fund’), and as a result Fig Tree will make a US$1.7 million (A$2.2 million) cash payment to IMX on or before 22 June 2015. This payment represents the remainder of the first tranche of US$2.0 million that is [...]
IMX Resources is pleased to report further results from ongoing metallurgical testwork on core from the high-grade Shimba deposit, at its flagship Chilalo Graphite Project in south-east Tanzania. The results show high purity across all flake sizes is a distinguishing characteristic of Chilalo graphite concentrate, and it is therefore well suited to the battery market where purity is the key characteristic desired by end [...]
IMX Resources is pleased to announce that a diamond drilling program has commenced at the Chilalo Graphite Project in south-eastern Tanzania, designed to underpin the rapid completion of a Pre-Feasibility Study. The drilling program will comprise 13 diamond holes for 1,400m of drilling, and will be focused on upgrading approximately half of the existing Inferred Resource at Chilalo1 to Measured and Indicated status.
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