Director Appointments
Angelo Gaudio2021-06-18T09:49:02+09:30The Company is pleased to announce the appointment of Dr Frank Bierlein and Mr Richard Willson as non-executive directors of the Company effective today.
The Company is pleased to announce the appointment of Dr Frank Bierlein and Mr Richard Willson as non-executive directors of the Company effective today.
The Company advises that there are some minor corrections to the table references in the ASX announcement lodged earlier today (17 June 2021), please see the attached amended ASX Announcement.
The Company is pleased to announce the results of a Preliminary Feasibility Study (PFS) that supports the sequential development of its 100% owned Fountain Head gold and Hayes Creek gold-silver-zinc Projects (Project), both of which are located approximately 170km south of Darwin in the Pine Creek region of the Northern Territory. Over the last 12 months the Company has studied a range of options and completed a comprehensive assessment of the technical and economic parameters relating to the sequential development of the Project, that the Company believes holds the best potential to maximise shareholder returns. The proposed development will make
The Company is pleased to advise that the Environmental Impact Statement (EIS) for the Fountain Head Gold Project (Project) has been lodged with the Northern Territory Environmental Protection Authority. The EIS is an important milestone in the Project approval process and the culmination of a significant detailed body of work by the Company and its Environmental Consultants, ERIAS Group, to identify potential Project environmental impacts and risks and mitigate these through careful and considered management. The EIS contains a comprehensive risk assessment, and studies on groundwater and surface water, biodiversity, Aboriginal and cultural heritage, socioeconomic impacts, transport, air quality, noise,
Quarterly Appendix 5B Cashflow Report for the quarter ended 31 March 2021.
Quarterly Activities Report for the quarter ended 31 March 2021
The Company is pleased to announce its first Mineral Resource Estimate for the Glencoe gold deposit (“Glencoe”) (reported in accordance with the JORC Code, 2012) which is located 3 kilometres north of PNX’s 100% owned Fountain Head Gold Project (“Fountain Head”) in the Pine Creek region of the Northern Territory. The Glencoe acquisition represents a ‘bolt on’ asset that will significantly expand the proposed Fountain Head development as gold resources between Fountain Head and Glencoe now total 235,000 oz. Under the Sale and Purchase Agreement (executed 27 April 2021) with private company, Ausgold Trading Pty Ltd, PNX has acquired Glencoe
PNX advises that the attached presentation will be made at the Annual Geoscience Exploration Seminar (AGES) being held today in Alice Springs and will be presented by the Company’s Resource Geologist, Marco Scardigno. AGES is held every year and is the Northern Territory’s premier exploration focused event. AGES is a technical exploration conference with a range of talks from the Northern Territory Geological Survey, its research partners and the exploration industry.
PNX Metals Limited is pleased to announce that it has received approval from the Northern Territory Department of Industry, Tourism and Trade (DITT) for a variation to the Company’s Mine Management Plan to allow dewatering of the Fountain Head Pit. This approval is the first stage in the approvals process for the development of the Fountain Head gold Project, where the Company is targeting first production in 2022.
PNX Metals Limited is pleased to announce the engagement of Mr Craig Wilson as the Company’s Mining, Infrastructure and Studies Manager who will take a leading role in transitioning the Fountain Head gold and Hayes Creek zinc-gold-silver Projects into production. Craig brings a wealth of operational, mine planning and management experience to PNX which will be invaluable as the Company continues to develop exploration areas into operational mines. He is a Mining Engineer (B.Eng. Mining) with over 30 years of industry experience and has been engaged by the Company for the past two years as a consultant.
Appendix 3Z in relation to final Director's interests in the Company following the resignation of Mr. Peter Watson on 5th March 2021.
Appendix 3Z in relation to final Director's interests in the Company following the resignation of Paul Dowd on 5th March 2021.
The Company advises that Mr Peter Watson and Mr Paul Dowd have resigned as non-Executive Directors of the Company effective from March 5, 2020.
The Company is pleased to provide an update on the Fountain Head Gold Project development with a number of important milestones reached. The Company has finalised the Sale and Purchase Agreement (SPA) with private company, Ausgold Trading Pty Ltd (“Ausgold”), to acquire the Glencoe Gold Deposit (Glencoe) for a total consideration of $1.875 million. A $0.5 million payment was made in Dec 20’ (fully refundable under certain conditions), with a further $0.675 million due upon execution of the SPA, and the balance to be paid by 31 December 2021 (refer to Key Terms in ASX announcement 10 December 2020 for
Appendix 3G in relation to the grant of unquoted Performance Rights under the PNX Metals Limited Employee Performance Rights Plan approved by shareholders at the Annual General Meeting held on 23 October 2019.
See Form 604 prepared by substantial shareholder, DELPHI Unternehmensberatung Aktiengesellschaft.
This notice is given under section 708A(5)(e) of the Corporations Act 2001 (Cth) and the Company’s confirms that it has issued a total of 202,288,206 ordinary shares on 29 January 2021 to sophisticated and professional investors being a placement of the shortfall shares under the non-renounceable rights issue announced to the ASX on 30 November 2020. The related Appendix 2A was lodged with the ASX on 25 January 2021.
Quarterly Appendix 5B Cashflow Report for the quarter ended 31 December 2020.
Quarterly Activities Report for the quarter ended 31 December 2020
Appendix 2A for the quotation of 202,288,626 PNX: Fully Paid Ordinary Shares to be issued on 29 January 2021 for the placement of the non-renounceable rights issue shortfall.
The Company is pleased to advise that it has received firm commitments for the full placement of the non-renounceable pro-rata rights issue shortfall, being 202,288,626 new shares (refer ASX release 22 December 2020) pursuant to the non-renounceable pro-rata rights issue (refer ASX release 30 November 2020) which closed on 17 December 2020.
See Form 604 prepared by substantial shareholder, DELPHI Unternehmensberatung Aktiengesellschaft.
Appendix 3Y Change of Director's Interest Notice for Peter Watson.
Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.