Korab Resources

Korab Resources Ltd 31-Aug-05 Andrej Karpinski became a substantial shareholder with a relevant interest of 7,142,850 ordinary shares (15.87%).

Korab Resources Ltd 31-Aug-05 Rheingold Investments Corporation Pty Ltd became a substantial shareholder with a relevant interest of 3,221,956 ordinary shares (7.16%).

Korab Resources Ltd 31-Aug-05 Discovery Capital Pty Ltd became a substantial shareholder with a relevant interest of 5,000,000 ordinary shares (11.1%).

Gold ore from external and internal sources is expected to bring prospector Mark Creasy’s Bronzewing discovery back in production in the first half of next year.

Korab Resources Ltd 14-Oct-05 Mulloway Pty Ltd increased its relevant interest from 3,664,284 ordinary shares (8.14%) to 4,213,385 ordinary shares (9.36%).

2,793,738 ordinary fully paid shares will be released from voluntary escrow on 1 March 2006.,

1,073,150 ordinary fully paid shares will be released from escrow on the 31 March 2006

Western Australian-based Korab Resources Ltd will drill its Batchelor uranium project south of Darwin, mid-year, adding to the growing number of resources explorers active in the uranium sector.

Advised that 430,000 fully paid ordinary shares will be released from compliance escrow on 19 April  2006.

Advise that 2,163,023 ordinary fully paid shares will be released from voluntary escrow on 1 June 2006.

Shareholders in Perth-based minerals explorer Korab Resources Ltd will be entitled to one share in the company's uranium and thorium spinoff for every three Korab shares held, the company announced today.

Fresh from withdrawing plans to list its gold assets on the ASX, Korab Resources has completed a $1.78 million capital raising to fund exploration and development activities at its projects in Western Australia and the Ukraine.

WA’s corporate finance sector is getting back to business as a late flurry of deals get the sector warmed up for better year.

Korab Resources has granted an extension to Estonian group Augur Investments for the completion of the sale of the Winchester magnetite deposit in the Northern Territory.

Bowen confronts a gloomy outlook

Korab Resources boss Andrej Karpinski has threatened legal action against online stock market discussion site HotCopper over a report sent to the forum’s members.

Dreamscape Networks is pleased to announce that it has entered into a Binding Heads of Agreement to acquire 100% of Hong Kong based hosting and domain business PacHosting from privately held Pacificnet Hosting Limited for a total consideration of USD$3.0 million. 

Cougar Metals provides an update on the funding agreement with the Australian Special Opportunity Fund, LP, an entity managed by New York based, The Lind Partners, LLC (Together, Lind).

Zelda Therapeutics has announced that on of its directors Mara Gordon, has sold 35.5 million shares. Of these, 26.9 million have been acquired by Merchant Funds Management in a deal facilitated by CPS Capital. 

Aurora Minerals has closed its fully underwritten 1-for-1 entitlement offer, raising $1.17 million at 1 cent a share. The offer was heavily undersubscribed, with only $258,630 in subscriptions, while the shortfall of 91,270,212 shares was issued to the underwriter. 

A summary of last week's smaller deals that did not get included in our normal coverage of the daily news.

Dan Smetana will be retiring as non-executive director of Korab Resources at the start of next year. Mr  Smetana has been with the company since 2013.

A summary of the smaller deals from last week, which may not have been included in our daily news coverage.

Our board moves wrap includes David Greenwood, Johnathon Busing, Nicholas Poll, Davide Bosio, Dean Tuck, Roger Higgins, George McKenzie, Linda Hale, Rodney Skeet, Alicja Karpinski, Fiona Harris, Sophie Raven, and Matthew Fitzgerald.