The Company is pleased to announce its first Mineral Resource estimate for the 100% owned Fountain Head gold Project (reported in accordance with the JORC Code, 2012), which together with the Iron Blow and Mt Bonnie VMS deposits comprise the Hayes Creek zinc-gold-silver Project (“Hayes Creek or Project”) in the Pine Creek region of the Northern Territory.
The Company is pleased to announce that all assay results have been received from diamond drilling at the Iron Blow VMS deposit. The Iron Blow and Mt Bonnie VMS deposits, along with the Fountain Head gold prospect collectively form the Company’s Hayes Creek zinc-gold-silver project (“Hayes Creek”) in the Pine Creek region of the Northern Territory. Three diamond drill holes were drilled down-dip to the mineralisation for approximately 650 metres at Iron Blow with thick intervals of massive sulphide mineralisation intersected in both the eastern and western lodes further confirming the geological model.
Appendix 3B in relation to Shares issued on 20 May 2019 under the Underwritten Non-renounceable Rights Issue.
The Company is pleased to advise that its underwritten non-renounceable pro-rata rights issue (ASX release 18 April 2019) closed at 5:00pm (ACST) on 10 May 2019. The Company received acceptances for 371,111,697 new shares at an issue price of $0.006 per share for a total $2,226,670, representing an approximate 41% take-up (including oversubscriptions). This included participation by a number of major shareholders, including DELPHI Unternehmensberatung Aktiengesellschaft (“DELPHI”) which took up its full entitlement together with the Board and management of the Company. Pursuant to the underwriting agreement, DELPHI will be allocated the remaining shortfall of 539,073,425 shares for a total
PNX Metals Limited reminds shareholders that the underwritten non-renounceable pro-rata rights issue (“Rights Issue”), announced on 18 April 2019, closes at 5pm (ACST) on Friday 10 May 2019. All eligible shareholders should have received their Offer Booklet by now. If you have not received your booklet and wish to participate, the Company encourages you to contact your broker or custodian, or you can contact the Company directly.
The Company advises that the offer documents in relation to an underwritten non-renounceable rights issue (Refer to ASX Announcement on 18 April 2019 for further detail) were despatched to Shareholders today.
Activities Report and Appendix 5B Cashflow Report for the quarter ended 31 March 2019
Letter sent to PNX Shareholders providing details of the Underwritten Non Renounceable Rights Issue announced on 18 April 2019
Letter sent to PNX Optionholders in relation to the launch of the Non Renounceable Rights Issue
Cleansing Statement in relation to the launch of the Non Renounceable Rights Issue and notice under Section 708AA of the Corporations Act
Non Renounceable Rights Issue Offer Memorandum
Investor Presentation for Non Renounceable Rights Issue
Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.
