Geopacific Resources

Milan Jerkovic has been appointed as a non-executive director of Geopacific Resources. Mr Jerkovic was the founding chairman of Straits Asia Resources, and was most recently chief executive officer of Straits Resources.

Geopacific Resources has announced a $6.6 million funding package it will use to ramp up its copper and gold exploration efforts in Cambodia and Fiji.

Gold and Copper exploration company Geopacific Resources has achieved a $5 million share placement primarily to fund activities in Cambodia.The placement of nearly 92 million shares at $0.055 will be used for exploration in its Kou Sa project and to supplement working capital.

Shares in Geopacific were up 9.3 per cent today as the company announced a $3 million rights issue, with the company planning to step up exploration activity at its Cambodian Kou Sa project.

Gold and copper miner Geopacific Resources has launched a $23 million capital raising to fund an exploration program at its Kou Sa project in Cambodia.

Perth-based explorer Geopacific Resources has entered into an agreement to farm-in to Kula Gold’s Woodlark Island gold project in Papua New Guinea, in a deal worth up to $18.6 million.

Local explorer Geopacific Resources has kicked off a $15 million capital raising to fund the earn-in and development of the Woodlark gold project in Papua New Guinea.

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state’s gold sector, and 2017 is looking to be a similarly positive year.

Philippa Leggat has been appointed executive director corporate at Geopacific Resources.

Perth-based explorer Kula Gold says it could save $US25 million, or 27 per cent, on the cost of building its Woodlark Island gold project in Papua New Guinea if done so in the current economic environment.

Perth-based Geopacific Resources has put forward a takeover bid for its joint venture partner, gold-focused Kula Gold, in an all-scrip deal that values the target at about $9.3 million.

Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer.

Colin Gilligan has been appointed non-executive director of Geopacific Resources. Mr  Gilligan is a mining engineer with over 25 years’ experience in the resources sector.

Aspire Mining is pleased to announce that pre-commitments for the minimum $1.7 million dollar raising condition of the $15m Strategic Funding package have been received. Due to strong demand the Board has approved an increase in this placement to $2.1 million.

Eon NRG is pleased to announce that the Company’s rights issue, as detailed in the Prospectus dated 6 February 2019, has been well supported by Eon’s shareholders and new investors and is now closed having raised total of ~$2.544 million before costs. 

Ian Clyne has been appointed non-executive chair of Geopacific Resources, following the retirement of Milan Jerkovic after 5 years in the role. Mr  Clyne has been a non-executive director of the company since 2016.

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