St Brides Weekly News 15-07-2016

A little over a year ago, we launched St Brides Partners – an employee owned business made up of passionate strategists and storytellers – and in that time we have grown as a company, in both size and scope. In honour of these changes, we have a brand spanking new video to give you some insight into what we do and why we love working here! You can view the video on our website.

Client catch-up:

African Potash signed a cooperation and exclusivity agreement with Zambian non-profit enterprise, Nutri-Aid Trust. The agreement gives the Company access to over 2,500 sales outlets for small farm holders across the country, to whom it intends to sell urea and other fertiliser products.

Anglo Asian Mining released its Q2 & H1 2016 production update and operations review, highlighting a 39% increase in gold production over its Q1 results at its Gedabek mine in western Azerbaijan.

Armadale Capital successfully completed its acquisition of the Mahenge Liandu high grade graphite project in south-east Tanzania. The acquisition furthers the Company’s strategy to build a portfolio of high value African resource projects with near term revenue generation potential.

FinnAust Mining has been granted the first ever marine based exploration licence for minerals by Greenland’s government.  The licence extends FinnAust’s Pituffik Titanium Project, which also covers the beaches, and is thought to be one of the highest quartile titanium projects in terms of grade, globally.  In tandem the Company also raised £500,000.

Goldplat signed a Letter of Intent with Gulf Shore Resources for a US$3 million earn-in to the Company’s highly prospective Anumso Gold Project in Ghana.  The arrangement provides Goldplat with continued exposure to the project’s potential upside without the requirement for further near term capital expenditure.

Northcote Energy is poised to deliver revenue growth and positive operational cash flow from Shoats Creek, as its plans for the project start to come to fruition. With Lutcher Moore #20 now sustainably producing net 20 barrels per day from the Frio formation, the Company has been making preparations to bring LM#14 and other Shoats Creek wells producing and tied in for gas sales.

Savannah Resources strengthened its board through the appointment of two Omani based Non-Executive Directors, who will act as representatives for Al Marjan, a cornerstone investor of Savannah, which invested £1,747,473 recently.  The appointments will support Savannah in its target to commence copper production late next year.

Vast Resources is raising up to £1 million via an open offer, with funds raised being channelled into financing of the Company’s Baita Plai and Manaila mines in Romania.

You may have missed…

FinnAust Mining MD Rod McIllree sat down with Share Talk to discuss the Company’s expanded licence in Greenland, which now includes marine extensions of the titanium rich black sands (Drowned Beaches).

In the news this week…

Theresa May became the UK’s second female Prime Minister after being sworn in by HRH Queen Elizabeth II on Wednesday.Read the full coverage in the Daily Mail…

… And shortly after winning the Premiership, Ms. May outlined her plans for the future of the country, including wanting more accountability for big business, workers on company boards and annual shareholder votes on executive pay. Read it in the Guardian.
Nintendo shares have risen more than 50% after launching the wildly successful Pokemon Go app. This could spike even further after the apps UK release on Thursday.

LSE ST Article

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