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Investegate |Equatorial Palm Oil Announcements | Equatorial Palm Oil: Interim Results for CML for 6m to 30 Sep 2020


 
The six months ended 30 September 2020 and subsequent period, have been transformative for CML towards the achievement of its objectives to list on a renowned international stock exchange for resource companies, and procurement of funding to significantly advance the Development Study and Work Programme of the Eastern Minerals Project in Sri Lanka (the Project ), the principal asset of CML.
 
On 21 October 2020, EPO announced that it had reached conditional agreement with parties holding a majority of the shares (51.4 per cent.) ( CML Majority ) in the Company, for EPO to acquire their shares in CML in exchange for ordinary shares in EPO. This proposed acquisition ( Proposed Acquisition ) constitutes a reverse takeover transaction pursuant to the AIM Rules for Companies. Following the Proposed Acquisition, the Company s business will constitute all of EPO s business.  ....

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Investegate |Phoenix Copper Ltd Announcements | Phoenix Copper Ltd: Launch of New Website


 
Phoenix Copper Limited is a North American focused, base and precious metal explorer and developer, which has carried out a drilling programme and generated a copper, gold, silver and zinc resource on which it is carrying out a feasibility study to bring the historically producing Empire Mine in Idaho, USA, back into production. It is also evaluating the silver and gold resources around three other past producing mines within the 23 km

Empire claims block as well as cobalt in two claims blocks north of Empire in Idaho.
Phoenix s primary operations are focused near Mackay, Idaho in the Alder Creek mining district. This district includes the historical Empire, Horseshoe, White Knob and Blue Bird Mines, past producers of copper, gold, silver, zinc, lead and tungsten from underground mines in the first half of the twentieth century. Additionally, the district includes Navarre Creek a Carlin-trend gold discovery which hosts ....

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