DGAP

The section "Remuneration Supervisory Board and Management Board" of the Corporate Governance Report 2016 contains a typographical error. The word "not" and the reason for such non-compliance were missing. This section should read as follows: "Petro Welt Technologies does not follow the recommendations of the German Corporate Governance Code [...]

In the first quarter of 2017, Deutsche Rohstoff Group generated sales in the amount of EUR 20.9 million and more than doubled its sales compared to the full year 2016 (2016: 9.2 Mio. EUR). Earnings before interest, taxes, depreciation and amortization amounted to EUR 17.2 million (1st quarter of 2016: EUR -2.9 million) which is three times as high [...]

Updated bankable feasibility study, which includes the expanded 60,000tpa scenario on schedule for completion in Q2-2017 - Feasibility study on downstream processing of Epanko graphite concentrate to produce value added graphite products and increase Kibaran's margins is well advanced - Resettlement Policy Framework and Stakeholder Engagement Plan [...]

Hammer Metals, of which Deutsche Rohstoff owns 17.84%, announced yesterday, that it has entered into a binding term sheet to form a Joint Venture with Global Energy Metals to jointly develop the Millennium cobalt tenement. Hammer had acquired the licenses in May 2016 for a total of approximately 85,000 AUD in cash and shares, drilled 23 holes and [...]

Salt Creek Oil & Gas, 90% subsidiary of Deutsche Rohstoff, reported revenues of USD 2.0 million and an EBITDA of USD 1.4 million from its producing wells in North Dakota in the first quarter of 2017. Production figures were more than 20% above the company's acquisition forecast and amounted to approx. 700 barrel of oil equivalent per day (boepd [...]

Deutsche Rohstoff receives 1.5 million new Almonty shares and agrees to the extension of an existing convertible bond Mannheim/Toronto. Deutsche Rohstoff and Almonty Industries agreed to extend an existing convertible bond in the principal amount of CAD 6,000,000 in favor of Deutsche Rohstoff by two years to March 2019. The bond was issued to [...]

Results 2016: Petro Welt Technologies AG significantly improved its level of profitability Sales revenues converted into rouble increased by 3.4% despite price pressure from the oil majors. Positive operational and economic performance created solid basis for profitability improvement. EBITDA margin widened from 25.3% to 26.8%. Combined with [...]

Kibaran Resources is pleased to report an upgraded Mineral Resource estimate for its Epanko Graphite Project in Tanzania. The upgraded Mineral Resource delivers a significant 40% increase over the Mineral Resource estimate previously announced in 2015. The upgraded Mineral Resource estimate incorporates infill and extensional drilling completed in [...]

King's Bay Sells Menary Gold Project Vancouver, March 28th, 2017 - King's Bay Gold Corporation (TSX-V: KBG), (FSE:KGB1), operating as "King's Bay", a mining exploration and development company based in Vancouver Canada, is pleased to announce that it has entered into an agreement, pending exchange approval, with Destroismaison CLM Holdings [...]

Deutsche Rohstoff: Cub Creek commences with new drilling Mannheim/Denver. Cub Creek Energy commenced the drilling of horizontal wells from its Hailey pad in the DJ Basin. Drilling will continue through the end of May and with well completions thereafter. Start of production is planned for the third quarter. Mannheim, 27 March 2017 Deutsche Rohstoff [...]