Monday, 15 November, 2010 - 11:36
St George Mining completes $4m IPO
West Leederville-based St George Mining has completed a $4 million Initial Public Offering and expects to list on the Australian Securities Exchange later this week.
St George Mining Limited is a nickel and gold explorer with the goal of creating shareholder value through successful exploration of under-explored mineral properties that are prospective for the discovery of world class deposits. Its flagship asset is the 100% owned East Laverton Property in the North-Eastern Goldfields region of Western Australia.
The property covers over 2,000sq km and encompasses multiple greenstone belts. This is a dominant landholding within a favourable geological setting on the eastern margin of the Yilgarn Craton.
Rank | Company | 1 Yr | 5 Yr |
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1166th | Bio-Gene Technology | -24.15% | -21.22% |
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1168th | St George Mining | -24.25% | -28.63% |
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Rank | Company | # | |
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300th | ![]() |
St George Mining | $80.98k |
327th | ![]() |
Si6 Metals | $49.61k |
328th | ![]() |
XCD Energy | $44.04k |
329th | ![]() |
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West Leederville-based St George Mining has completed a $4 million Initial Public Offering and expects to list on the Australian Securities Exchange later this week.
St George Mining shares have risen 16 per cent after BHP Billiton Nickel West agreed to proceed with a farm-in arrangement over nickel rights to tenements at St George’s East Laverton project.
BHP Billiton has withdrawn from a farm-in agreement with St George Mining over nickel rights attached to the East Laverton project just months after agreeing to proceed with the deal.
St George Mining has completed an oversubscribed capital raising of $1.2 million.
St George Mining has completed a capital raising of $1.75 million to sophisticated investors.
Perth-based company director and accountant Marcus Michael, who worked with multiple mining and exploration companies, passed away last Thursday at the age of 48.
Western Areas founder Terry Streeter has emerged as a major shareholder in nickel and gold explorer St George Mining, after participating in a $2.13 million capital raising.
Shares in junior mining explorers Draig Resources and St George Mining have nearly doubled today after both companies announced positive drilling results.
Emerging Western Australian nickel company St George Mining is pleased to announce it has successfully raised $4.0 million from institutional and sophisticated investors via a placement at an issue price of $0.18 per share.
Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government’s Junior Minerals Exploration Incentive announced today.
Our daily board moves wrap includes Ken Chee, Trevor Schultz, Robert Schafer, Chris Singleton, Kobe Li, Graeme Smith, Tim Hronsky, John Dawson and Mathieu Ageneau.
Eagle Mountain Mining has completed an entitlement offer raising $1.7 million. Axxis Technology Groups’ recompliance public offer, launched as part of ECS Botanic’s reverse takeover, has closed, with $6.5 million raised.
A summary of last week's smaller deals that did not get included in our normal coverage of the daily news.
Kingwest Resources has raised $4 million via a share placement, while St George Mining has also completed a share placement, raising $3.3 million.
Nickel-explorer St George Mining has completed an institutional-led placement to raise $5.8 in funding for its flagship project at Mt Alexander, in the north-eastern Goldfields of Western Australia.
St George Mining has launched a new capital raising to secure further funding for its Mt Alexander nickel-copper sulphide project in Western Australia, with the next major drill program to begin this month.
High-quality copper prospects are becoming harder to find, but juniors are poised for the challenge.
Caravel Minerals will use $7.5 million raised from a share placement to fast-track the development of its namesake copper project in the Wheatbelt while St George Mining is raising $7 million.
Western Areas co-founder and former managing director Julian Hanna said he was excited to return to a promising nickel and base metals exploration story.
St George Mining is understood to be conducting a $6.5 million equity raise to fund further nickel-copper exploration efforts at the Mt Alexander project in WA’s Yilgarn Craton.
St George Mining has signed a memorandum of understanding with battery giant SVOLT Energy Technology, marking its second major deal in the space of a week.
West Perth-based St George Mining has appointed an experienced industry executive as a non-executive director.
Critical minerals-focused St George Mining has confirmed plans to raise $20 million, as it moves closer towards acquiring the Araxá niobium-rare earth elements project in Brazil.
Following news it is moving closer towards the potential acquisition of the Araxá niobium-rare earth elements project in Brazil, St George Mining has ticked off another key component.
St George Mining’s push to further de-risk its desired Araxá niobium-rare earth elements project in Brazil has received another boost.
St George Mining’s commitment towards generating success at its Araxá niobium rare earth elements project in Brazil has been backed by another major Chinese company.
St George Mining executive chair John Prineas has heralded the company’s acquisition of the Araxá niobium-rare earth elements project in Brazil as a “landmark” day.
Several WA junior miners are making positive forays into Latin America, where they’re finding fit-for-purpose regulations and local skills.
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