Alto Metals are pleased to provide an exploration update on the Company's Sandstone Gold Project in Western Australia. Highlights: - Induced Polarisation (IP) surveys to better define drill targets associated with known unmined gold mineralisation to commence in early September - Lord Nelson mineral resource [JORC 2012 compliant] being estimated by Snowdens - Tenements expected to be granted on or about 18 September 2016 - Planned [...]
Alto Metals advises that a Research Report titled: "Alto Metals Ltd.- Targeting a ~1moz Mineral Resource for Potential Gold Production of ~100kozpa." Issued by Eagle Research Advisory Pty Ltd and can be viewed on the Company's website under Investor Information and Media Articles. The Research Report was compiled by Keith Goode and commissioned by Alto Metals. To view the report, please visit:
Alto Metals are pleased to provide the Company's latest presentation Sandstone Kalgoorlie, Gateway to Gold. Company Overview - Well funded for immediate exploration programme (Cash and liquid assets of ~$4 million) - Experienced Board and management team, with track record of exploration success in +1Moz gold systems - Dominant land holding over well endowed goldfield (+1.3Moz mined to date) with considerable [...]
Alto Metals is pleased to advise that the Shareholder Purchase Plan announced on 16 June 2016 has closed fully subscribed. The Company received valid applications from eligible shareholders for 28,660,960 new shares raising $1,698,000, and all shareholders will receive the full number of shares that were applied for. As a result, 28,660,960 new fully paid ordinary shares in Alto will be issued at an issue price of 5.9 [...]
Alto Metals is pleased to announce the appointment of Mr Robert Samuel (Sam) Middlemas as Company Secretary and Chief Financial Officer with immediate effect. Sam Middlemas is a chartered accountant with more than 20 years' experience in senior financial management and executive roles with a number of listed public companies operating predominantly in the resources sector. He is the principal of a corporate advisory [...]
The Directors of Alto Metals Ltd are pleased to invite you, as an eligible shareholder of the Company at 5pm WST on the record date of 15 June 2016 to subscribe for additional fully paid ordinary shares in the Company, free of all brokerage and commission costs, under the terms and conditions of the Company's Share Purchase Plan enclosed with this offer. As announced to the ASX on 16 June 2016, the Company is offering to [...]
Alto Metals is pleased to announce that it has completed the acquisition of the Sandstone Gold Project. Under the Sandstone Sale and Purchase Agreement, Alto paid the vendors a deposit of $100,000, and was required to pay a further $400,000 and issue 19 million fully paid Alto shares and 25 million performance shares to the two Sandstone shareholders upon grant of the Exploration Licences and Prospecting Licences [...]
Alto Metals is pleased to announce a Share Purchase Plan (SPP) to shareholders. The Directors have resolved to seek to raise up to $1.7 million under the SPP which offers eligible shareholders the opportunity to subscribe for fully paid ordinary shares in AME at an issue price of 5.9 cents, matching the placement issue price announced on 26 May 2016. Funds raised by the SPP will be primarily directed towards the Sandstone [...]
Enterprise Uranium is pleased to advise that it has successfully raised a further $141,010 via a share placement of 2,390,006 fully paid ordinary shares at 5.9 cents per share to professional and sophisticated investors as defined under Section 708 of the Corporations Act (2001). The issue price of 5.9 cents per share represents a 22% discount to the 15 day traded VWAP. The funds, which are additional to the $1 million [...]
Enterprise Uranium is pleased to advise that it has successfully raised a total of $1 million via a share placement of 16,949,152 fully paid ordinary shares at 5.9 cents per share to a professional and sophisticated investor as defined under Section 708 of the Corporations Act (2001). The issue price of 5.9 cents per share represents a 22% discount to the 15 day traded VWAP. The funds raised will be used to initiate gold [...]
Enterprise Uranium: A Company defining acquisition of majority in Sandstone Goldfield The Project, the People & the Company - Substantial land holding over well endowed goldfield (1.1Moz mined to date) with considerable exploration upside - Highly experienced exploration team, with track record of exploration success in +1Moz gold systems in Western Australia (Eg. Jundee, Rosemont) - Company focus on meaningful [...]
Enterprise Uranium are pleased to provide the Company's Quarterly Activities Report for March 2016. SUMMARY On 23rd March 2016 the Company announced the signing of an agreement to acquire the majority of the Sandstone Archaean Greenstone Belt in Western Australia which has produced over 1 million oz of gold. The agreement includes a staged cash and shares acquisition of Sandstone Exploration Pty Ltd which hold 5 [...]
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