PNX – Non Renounceable Rights Issue Offer Memorandum
Angelo Gaudio2022-01-20T14:32:11+10:30Offer Memorandum for the PNX - Non Renounceable Rights Issue announced to the market on 20 January 2022.
Offer Memorandum for the PNX - Non Renounceable Rights Issue announced to the market on 20 January 2022.
PNX Investor Presentation in relation to the Non Renounceable Rights Issue announced to the market on 20 January 2022.
Appendix 3B for Proposed issue of securities - PNX in relation to the Non Renounceable Rights Issue announced to the market on 20 January 2022.
The Company is pleased to announce that it is offering eligible shareholders the opportunity to acquire New Shares at $0.005 (0.5 cents) per share through a one (1) for four (4) non-renounceable pro-rata rights issue to raise up to $4.6 million (before costs and expenses) (“Offer”). Full details of the Offer are set out in the Offer Memorandum and Appendix 3B lodged with ASX today. The Offer Memorandum will be sent to Eligible Shareholders on 31 January 2022.
The Company is pleased to announce further positive gold assay results from its 2021 reverse circulation (RC) drilling program at the Glencoe gold deposit (“Glencoe”) which comprised 54 RC drill holes for a total of 4,470 metres. The program was extremely successful in confirming and enhancing historic drill results, and identifying along-strike gold lode extensions that remain open. Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. The Glencoe Project represents a ‘bolt-on’ asset that has
The Company is pleased to provide a comprehensive update on the development of the Fountain Head Gold Project.
The Company is pleased to announce further positive drill results from its latest 14 reverse circulation (RC) drill holes at the Glencoe gold deposit (“Glencoe”), which continues to build as the Company makes significant progress towards the near-term sequential development of its 100% owned Fountain Head gold and Hayes Creek gold-silver-zinc Projects. In a highly successful first drill program at Glencoe (refer ASX 14 September 2021), immediate extensions to near-surface gold mineralisation were delineated, extending the strike by more than 200 metres to the southeast of the current Mineral Resource Estimate. High-grade, near surface gold in rock-chips of up to
The company provides this market announcement in accordance with the requirements of the Treasury Laws Amendment (2021 Measures No. 2) Act 2021. Please see the attached notification form for the Company’s disclosure in relation to Jobkeeper payments received.
The Company is pleased to advise that a 2,000m RC drill program has re-commenced at the Glencoe gold deposit (“Glencoe”) which is located on a granted Mineral Lease approximately 170 km south of Darwin, and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Drilling will predominantly focus on testing the ‘Eastern Zone’ extensional area, and increasing geological confidence within the current Mineral Resource Estimate. Significantly, during recent geological field mapping and sampling, numerous occurrences of coarse gold were detected at surface in a discontinuous sub-cropping quartz vein traced for over
The Company advises the outcome of the resolutions considered by Shareholders at the Company’s Annual General Meeting held earlier today, 27 October 2021. All resolutions were decided by way of a poll.
Quarterly Appendix 5B Cashflow Report for the quarter ended 30 September 2021.
Quarterly Activities Report for the quarter ended 30 September 2021.
Notice of Meeting for the Annual General Meeting to be held 10:30am Weds 27 October 2021, level 3/170 Frome Street, Adelaide
Appendix 4G with Key to Disclosures for 2021 Corporate Governance Statement.
Annual Report to shareholders for year ended 30 June 2021.
The Company is pleased to advise that it has received assay results from rock chip samples taken during geological mapping of the Glencoe gold deposit (“Glencoe”) and the surrounding area. Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Numerous high-grade gold values in excess of 1.0g/t were returned from the newly defined ‘Eastern Zone’, including 6.02g/t Au (TGU5467), 4.04g/t Au (TGU5459) and 3.05g/t Au (TGU5486). These samples were collected from outcropping quartz-sulphide veined and altered mafic rocks
Audited Financial Report for year ended 30 June 2021.
The Company is pleased to advise that it has successfully completed 27 reverse circulation drill holes for 2,352 metres at the Glencoe gold deposit (“Glencoe”). Glencoe is located on a granted Mineral Lease approximately 170 km south of Darwin and 3 km north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory. Glencoe represents a ‘bolt-on’ asset that has significantly expanded the proposed Fountain Head development. In a highly successful first drill program at Glencoe, immediate extensions to near-surface gold mineralisation were intersected, extending the strike by more than 200 metres to the southeast of
The Company is pleased to advise that it has received assay results from reverse circulation drilling of ‘near-mine’ exploration targets at the Fountain Head Gold Project (“Fountain Head”). Fountain Head is 100% owned by PNX and located on granted Mineral Leases approximately 170km south of Darwin in the Pine Creek region of the Northern Territory.
Quarterly Appendix 5B Cashflow Report for the quarter ended 30 June 2021.
Quarterly Activities Report for the quarter ended 30 June 2021.
The Company is pleased to advise that a reverse circulation (RC) drill program of up to 2,000 metres has commenced at the Glencoe gold deposit (“Glencoe”). Approximately 1/3 of the drill program is designed to test for immediate extensions where near-surface gold anomalism highlights along-strike potential, with the remainder to be drilled within the boundary of the Mineral Resource to increase geological confidence. Glencoe is located on a granted Mineral Lease approximately 170km south of Darwin and 3km to the north of PNX’s Fountain Head Gold Project in the Pine Creek region of the Northern Territory.
Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.