Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

Forte Energy

Publié le 10 mars 2014

Share Exchange Agreement

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Johnson | K Street | Uranium |

Share Exchange Agreement


10 March 2014

Share Exchange Agreement

Forte Energy NL ("Forte Energy" or "the Company") (ASX/AIM: FTE) is an emerging international uranium company focused on the exploration and development of a portfolio of uranium assets in the Republics of Mauritania and Guinea, West Africa and acquisition opportunities that would complement those assets.


Forte Energy NL announces that it has entered into a Share Exchange Agreement (the
'Exchange Agreement') with Global Resources Investment Trust Plc ('GRIT'). The Board of Forte Energy believe that this transaction with GRIT, a new company recently admitted to the main market of the London Stock Exchange (the 'LSE'), founded by a group of highly successful fund managers to focus exclusively on investing in the junior mining sector, will provide the Company with an important new strategic investor and will support Forte Energy's investment policy to identify and develop uranium assets.

Under the Exchange Agreement, which became unconditional when GRIT's shares listed on Friday, 7 March 2014:

Forte Energy has agreed to exchange 170,000,000 new ordinary shares in the
Company ('Exchange Shares') at a price of 0.4 pence per Exchange Share
The board of Forte Energy has approved the allotment and issue of the Exchange Shares in consideration for the allotment to Forte Energy, following GRIT's shares listing, of 680,000 ordinary shares of £0.01 each in GRIT ('GRIT Shares') at a price of £1.0 per GRIT Share
The GRIT Shares will be subject to a six month orderly market provision
The Company will be able dispose of the GRIT Shares to raise working capital
The Exchange Shares issued to GRIT will represent approximately 12 per cent of the issued share capital of the Company as enlarged by the issue of the Exchange Shares
Application has been made for the new shares to be admitted to trading on both the ASX
and AIM. Trading in the new shares is expected to occur on AIM on or around 14 March
2014.
Mark Reilly
Managing Director

For further information contact:

Mark Reilly, Managing Director

Forte Energy NL Tel: +61 (0) 8 9322 4071

Geoff Nash/Ben Thompson Tel: +44 (0) 207 220 0500

Elizabeth Johnson (broking)

finnCap

Stuart Laing

RFC Ambrian Ltd Tel: +61 (0) 8 9480 2506 (AIM Nominated Adviser to the Company)

Forte Energy NL

Suite 3, Level 3

1292 Hay Street

West Perth WA 6005

Ph: +61 (0)8 9322 4071

Fax: +61 (0)8 9322 4073

Email: [email protected]

Web: www.forteenergy.com.au

About Forte Energy

Forte Energy is an Australian-based minerals company focused on the exploration and development of uranium and associated bi-products in Mauritania and Guinea in West Africa. The Company has an extensive pipeline of assets and total JORC resources of 76.8Mt @ 266ppm

UOfor 44.9Mlbs contained UO (100ppm cut-off).

Its flagship assets are the A238 prospect (23.4Mlbs UO) and the Bir En Nar project (2.06Mlbs

UO) in Mauritania, and the Firawa Project in Guinea (19.5Mlb UO).

Forte Energy UO JORC resources (all at a 100ppm cut-off):

Project

Resource

Category

M tonnes

ppm U3O8

Contained U3O8 Mlbs

* A238NW Anomaly included in the A238 Inferred Resources

Forte Energy's strategy is to target high grade uranium ore bodies and build a low cost West African-focused uranium producer. The Company is quoted on the Australian Stock Exchange (ASX: FTE) and AIM market of the London Stock Exchange (AIM: FTE). For more information, visit www.forteenergy.com.au

Note:

The information in this report that relates to the reporting of Mineral Resources is based on information compiled by Mr. Galen White, who is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr White is the Principal Geologist of CSA Global (UK) Ltd. CSA Global have an on-going role as geological consultants to Forte Energy NL. Mr. White has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration

Results, Mineral Resources and Ore Reserves'. The total JORC resources tabulated here are as at 6th of July

2012. There has been no change, material or otherwise to the resource figures quoted here, since this date, and as such the resources remain reportable to JORC 2004 under which they were estimated. Any

subsequent reporting of Exploration Results, Mineral Resources and Mineral Reserves to the market that

represent a material change will be reported under JORC 2012, currently in force. Mr. White consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

Lire la suite de l'article sur www.noodls.com

Forte Energy

EXPLORATEUR
CODE : FTE.AX
ISIN : AU000000MUR0
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Forte Energy est une société d’exploration minière de cuivre et d'uranium basée en Australie.

Forte Energy détient divers projets d'exploration en Australie et en Guinee.

Ses principaux projets en exploration sont BOHODUO et FIRAWA en Guinee et MAROOCHYDORE et MT CUTHBERT en Australie.

Forte Energy est cotée au Royaume-Uni, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 5,0 millions AU$ (4,0 millions US$, 3,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 22 janvier 2010 à 0,22 AU$, et son plus bas niveau récent le 17 avril 2015 à 0,00 AU$.

Forte Energy possède 2 478 889 984 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Projets de Forte Energy
22/03/2010(Bir En Nar)Further High Grade Assay Results From Bir En Nar
04/02/2010(Bir En Nar)Bir En Nar Resource Drilling Update, Mauritania
01/09/2009(Bir En Nar)Resource Drilling Commences at Bir En Nar Uranium Project in...
01/07/2009(Firawa)Firawa Uranium Project: Maiden Resource Estimate
13/08/2008Maroochydore Copper Project Scoping Study Update
13/03/2008(Bir En Nar) Drilling Returns High Grade Uranium Intercepts in Mauritani...
Communiqués de Presse de Forte Energy
14/01/2016BGL Shareholders Accept Offer
02/01/2016AGM Completed
02/01/2016Exercise of Option Agreement
21/12/20152015 Annual Report
21/12/2015Share Issue for Darwin Conversion Notice
18/12/2015Share Issue for Darwin Conversion Notice
17/12/2015Share Issue for Darwin Conversion Notice
17/12/2015Transaction Funding Agreement
16/12/2015Share Issue for Darwin Conversion Notice
15/12/2015Share Issue for Darwin Conversion Notice
14/12/2015Adjournment of AGM
14/12/2015Share Issue for Darwin Conversion Notice
08/11/2015Notice of AGM
07/10/2015Operational Update
01/10/2015Share Issue for Darwin Conversion Notice
27/08/2015Director Resignation
06/08/2015Share Issue for Darwin Conversion Notice
06/08/2015Slovakian Update
03/11/2014Quarterly Activities & Cashflow Report Sept 14
21/10/2014Cleansing Notice for Share Issues
23/04/2014Share Subscription in European Uranium Resources Ltd
10/03/2014Share Exchange Agreement
03/02/2014Quarterly Activities & Cashflow Report December 2013
06/01/2014Corporate Update
01/11/2013Quarterly Activities & Cashflow Report September 2013
01/11/2013Results of Meeting
01/05/2013Quarterly Activities & Cashflow Report March 2013
10/04/2013Drilling to Commence in Mauritania
10/04/2013Clarification on Reporting Guidelines
27/07/2010New mineralisation and additional targets identified in init...
19/07/2010Maiden JORC Resource for Mauritanian Uranium Project
03/05/2010March 2010 Quarterly Report
05/03/2010Market Update
01/02/2010Quarterly Report December 2009
04/01/2010Maiden Resource Pending; Exploration Generating Highly Promi...
11/06/2009Assay Results Continue to Impress at Firawa Uranium Project ...
17/06/2009Firawa Uranium Project: Final Assays Received
01/06/2009Announces A$10M Capital Raising for West African Uranium
21/01/2009Uranium Resource Drilling Programme Completed at Firawa Proj...
07/08/2008Mauritanian Political Situation
31/07/2008June 2008 Quarterly Activities Report
25/06/2008Moves Into Uranium's Big League with Areva Strategic Allianc...
09/05/2008- Uranium Drilling to Commence in Guinea, West Africa
01/05/2008Quarterly Activities Report
26/03/2008Final Downhole Logging Results From Bir En Nar Uranium Prosp...
31/01/2008Quarterly Report for December 2007
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
AUSTRALIA (FTE.AX)LSE (FTE.L)
0,00200,780+0.00%
AUSTRALIA
AU$ 0,002
17/04 08:10 -
0%
Cours préc. Ouverture
0,002 0,002
Bas haut
0,002 0,002
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,002 -%
Volume var. 1 mois
3 362 365 -%
24hGold TrendPower© : -31
Produit
Développe
Recherche Cobalt - Copper - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 23/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
6,90 AU$+0,80%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
9,47 US$+7,86%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,58 GBX+0,00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+10,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,00 CA$+1,27%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
12,11 CA$+4,13%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,34 CA$+1,52%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,18 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,80 CA$+7,14%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
40,02 US$+0,24%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.