Western Areas Limited is pleased to announce it has completed the sale of 100% of its shareholding in Bluejay Mining plc following a bookbuild process conducted overnight in London. Western Areas sold its 18.8% holding in Bluejay realising A$27m net of fees. The transaction was placed to a number of institutional holders and is scheduled for financial settlement on 15 June 2017. Western Areas...
PERTH, AUSTRALIA--(Marketwired - June 8, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Limited (ASX:WSA) ("Western Areas" or the "Company") announces its intention to sell up to 100% of its holding in Bluejay Mining plc ("Bluejay") (which represents approximately 18.8% of Bluejay's issued share capital). As announced by Bluejay overnight, a share [...]
Lowest unit costs since June 2015, good free cashflow, Spotted Quoll Mineral Resource upgrade and promising organic growth progress PERTH, AUSTRALIA--(Marketwired - April 25, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. March Quarter 2017 Highlights: ZERO lost time injuries (LTI's) for the quarter - now 1,004 days without an LTI; Increased mine and mill [...]
Sydney, Australia (ABN Newswire) - At a time when the financial world seems to be mesmerised by the actions of (and the reactions to) the new Trump Administration in the US, concerned over rises in interest rates and also with renewed and increasing calls for an impending 'US stock market crash', the global economy of at least 4,500m other people seems to be following its own course and is doing just fine. In fact, the [...]
PERTH, AUSTRALIA--(Marketwired - March 29, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") is pleased to announce the results from the Cosmos Odysseus Pre-feasibility Study ("PFS"), which demonstrates commercial viability of the Odysseus Project ("Project" or "Odysseus") and the potential re-start [...]
PERTH, AUSTRALIA--(Marketwired - March 20, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") is pleased to announce the completion of a farm-in and joint venture agreement ("Agreement") with Kidman Resources Ltd. ("Kidman") for lithium and lithium by-product rights over the Company's northern [...]
PERTH, AUSTRALIA--(Marketwired - Feb. 28, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") provides the following clarification to the news release published on the ASX platform today regarding the sale of two Forrestania tenements to Kidman Resources Ltd. ("Kidman") (ASX:KDR). The third bullet point [...]
PERTH, AUSTRALIA--(Marketwired - Feb. 27, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") is pleased to announce the sale of two Forrestania tenements to Kidman Resources Ltd. ("Kidman") (ASX:KDR) in exchange for an issue of new shares in Kidman to the value of A$6m, and the agreement to pay certain [...]
PERTH, AUSTRALIA--(Marketwired - Feb. 21, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") today announces the Company's financial results for the half year ended 31 December 2016 ("1HFY17") and an upgrade to certain guidance metrics for the financial year (FY17). The Company is pleased to report a [...]
PERTH, AUSTRALIA--(Marketwired - Nov. 28, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") is pleased to announce that is has negotiated and entered into an Offtake Contract (Contract) with BHP Billiton Nickel West Pty Ltd (Nickel West). This is a new contract and not an extension of the previous [...]
PERTH, AUSTRALIA--(Marketwired - Nov. 27, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") is pleased to announce that it has negotiated and entered into an Offtake Contract (Contract) with the Tsingshan Group (Tsingshan), through its associated entity Golden Harbour International Pte Ltd, to import [...]
PERTH, AUSTRALIA--(Marketwired - Nov. 21, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. The Board of Western Areas Ltd. (ASX:WSA) ("Western Areas" or the "Company") is pleased to announce the appointment of Dr Natalia Streltsova as an Independent Non-Executive Director which will take effect from 1 January 2017. Dr Streltsova, a PhD qualified chemical [...]