Alkane Resources

PERTH-based junior gold producer Alkane Exploration NL plans to become a significant player in the zirconia industry.

10,088,665 ordinary fully paid shares have been allotted,being the second and final stage.

Lodged response to ASX query

Perth-based gold explorer Alkane Exploration Ltd has received a $3.29 million AusIndustry Commercial Ready Grant to be allocated towards advancement of its Dubbo Zirconia project in New South Wales.

Perth-based gold and base metals miner and explorer Alkane Exploration Ltd has closed its non-renounceable rights offer undersubscribed, having raised $1.1 million of the $1.4 it aimed for.

Perth-based Alkane Exploration Ltd aims to raise $12.8 million through the underwritten issue of 40.1 million shares to existing shareholders on the basis of one new share for every five shares held.

Alkane Resources Ltd non-executive director Ian Gandel has invested $10.6 million buying extra shares in the company, after he was required to take up a big shortfall in its $12.8 million rights issue.

Perth-based Alkane Resources has reaped $9.7 million from the sale of its remaining 5.95 per cent interest in BC Iron to offshore and domestic institutional investors.

Alkane Resources has passed significant milestone in the development of its Dubbo zirconium project, after announcing a joint venture to produce zirconium oxychloride at its plant in Kwinana.

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Alkane Resources has set out to raise $107 million to fund the development of two significant resource projects in New South Wales.

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Alkane Resources has appointed a syndicate of banks to secure a $1 billion finance package for its Dubbo Zirconia project in New South Wales.

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Alkane Resources says its Dubbo zirconia project is financially and technically robust, after completing a definitive feasibility study that put a $996 million price tag on the development.

Alkane Resources has appointed Nicholas Earner chief operations officer and Tony Wright as commercial manager.Mr Earner was most recently executive general manager at Straits Resources.

Alkane Resources has contracted international engineering group Hatch to provide front end engineering and design works for its Dubbo zirconia project.The work provided by Hatch will give Alkane capital and operating cost estimates for the project.

Gold producer Alkane Resources has raised $10.4 million through a placement of 40 million shares to institutional and sophisticated investors.

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Alkane Resources has hired Finnish technology services supplier Outotec to provide early contractor involvement work at its Dubbo zirconia project in New South Wales.

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Aspiring mineral sands miner Sheffield Resources has appointed engineering group Hatch to undertake a bankable feasibility study on its Thunderbird project near Derby.

Perth-based Alkane Resources has announced plans to raise up to $16 million from investors to progress its Dubbo zirconia project in New South Wales.

Paul Thomson has signed a new service agreement with A-CAP Resources and will transition from his current role of managing director to chief executive.

88 Energy advises that the Non-Renounceable Rights Issue announced to the ASX on 3rd October 2018, closed on the 26th October 2018.

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Alkane Resources has appointed current chief financial officer James Carter as joint company secretary.