PERTH, Australia, Dec. 19, 2012 /CNW/ - Elemental Minerals Ltd (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce that it has successfully closed its Share Purchase Plan (the "SPP") announced on 23 November 2012. Elemental has raised ~A$3.25 million resulting in the issue of ~8.4 million new fully paid ordinary shares at A$0.385 per share. The SPP supplements the recent ~A$14 million share [...]
PERTH, Australia, Dec. 17, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") wishes to advise the resignation of Mr. John Sanders as Executive Director of Elemental Minerals Limited.Mr. Sanders joined Elemental as General Manager on the 1 October 2009 before being appointed as Executive Director on 6 December 2010.Mr. Sanders was integral to the development of the Sintoukola Project in [...]
PERTH, Australia, Nov. 28, 2012 /CNW/ - Elemental Minerals Ltd (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce that it has today completed the private placement offering of ordinary shares announced on 20 November 2012 (the "Placement").The Placement of 36,542,142 new fully paid ordinary shares at A$0.385 per share has been made within Elemental's 15% placement capacity under the ASX Listing [...]
/NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES/PERTH, Australia, Nov. 23, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce results of its recently announced capital raise.HIGHLIGHTSPrivate placement commitments received from sophisticated and institutional investors to raise ~A$14 millionShare purchase plan targeting a further A$5 millionFunds raised will be [...]
/NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES/PERTH, AUSTRALIA, Nov. 21, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce further details of its private placement.HIGHLIGHTSElemental enters into placement agreement with BMO Capital Markets, Renaissance Securities (Cyprus) Limited and National Bank Financial Inc.Placement agreement provides for an offering [...]
PERTH, Australia, Nov. 20, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to provide an updated investor presentation replacing the version lodged with ASX earlier today as part of its proposed capital raising announced this morning.The presentation is available on the ASX platform (http://www.asx.com.au/) and on the Company's website.As part of the presentation, which [...]
PERTH, Australia, Nov. 20, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to provide an updated investor presentation as part of its proposed capital raising announced this morning.The presentation is available on the ASX platform (http://www.asx.com.au/) and on the Company's website.As part of the presentation, which details information about the proposed raising, the [...]
PERTH, Australia, Nov. 20, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce a proposed private placement offering of ordinary shares (the "Placement").The Placement will be conducted pursuant to the Company's available 15% placement capacity through the issue of up to 36,542,142 ordinary shares. The Company also intends to implement a share purchase plan [...]
NPV10 of US$ 2.97bn, IRR of 29.3%PERTH, Australia, Sept. 20, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce results of the independent Pre-Feasibility Study ("PFS") on its Sintoukola Potash Project (the "Project") in the Republic of Congo.PFS HIGHLIGHTSProject after-tax NPV10 of US$ 2.97bn, IRR of 29.3%Project pre-tax NPV10 of US$ 3.90bn, IRR of 31.3%Production [...]
PERTH, Australia, Sept. 4, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce results of the first Dougou Prospect borehole (ED_01).HIGHLIGHTSExceptional 36.41% K2O (57.66% KCl) from first Dougou Prospect drill hole (ED_01), intersecting a thick sylvinitic Hangingwall Seam (HWS) of 4.47 metres, including an interval of 1.74 metres grading 39.91 K2O (63.20% KCl).At [...]
Measured and Indicated Sylvinite Resource increases 38% to 573Mt at 20.92% K2O (33.13% KCl)Excellent conversion to Measured and Indicated ResourcesKola deposit remains open in several directionsPERTH, AUSTRALIA, Aug. 21, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce its updated Mineral Resource estimate for the Kola deposit on the Sintoukola property located in [...]
Highest Potash Grades, 37.80% K2O and 34.20% K2O, Reported to Date.Opportunity to Enhance Sintoukola EconomicsPERTH, Australia, Aug. 9, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elemental" or "the Company") is pleased to announce exceptional results from two additional intersections of the new Hangingwall Seam of the Kola deposit (see Figures 1 to 3).HIGHLIGHTS:Highest grade potash intersections identified by [...]