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[NRRP] following the recent placing of shares with Greenstone Resources LP, it has been notified by David and Monique Newlands that they are now interested in 60,500,000 ordinary shares representing 3.66 per cent of the issued share capital. Martin French, Managing Director, continues to be interested in 90,261,918 ordinary shares and Taurus Mineral Limited, a company connected with Zuyuan He (Chairman) and Qi Yu (Non-executive Director), continues to be interested in 266,666,667 ordinary shares, representing 5.45 per cent and 16.11 per cent respectively of the issued share capital as enlarged by the issue of shares to Greenstone. An undated table of significant shareholders can be found on the company website. For further information please visit www.northriverresources.com
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[NRRP] Announces the appointment of Mr. Mark Sawyer as a Non-Executive Director with immediate effect. Mr. Sawyer is a Senior Partner at Greenstone Capital LLP and a co-founder of Greenstone Resources LP ('Greenstone'), the private equity fund which recently signed a US$12.0 million agreement with the Company to provide the project equity for its flagship project, re-opening the Namib Lead-Zinc-Silver Mine in Namib. Mr. Sawyer co-founded Greenstone in 2013 after a 17 year career in the mining sector including as co-head of group business development at Xstrata plc, and senior roles at Rio Tinto plc and Cutfield Freeman & Co Ltd. Together with Greenstone's co-founder, Mr. Sawyer oversees all aspects of the management of the business. He serves as a director of Greenstone Management Ltd, the fund's General Partner, and is a member, and co-Chairman, of the Investment Committee. Martin French, Managing Director of North River, commented: "We are delighted to welcome someone of Mark's calibre to the Board. He is a well-respected figure in the mining sector both in London and internationally. He shares our ambition to build North River into a notable high-growth company, both organically and through acquisition. I think he will be a great asset to the Company, and we are all keen to get to work."
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[NRRP] Has been granted environmental clearance for its Environmental Assessment and Environmental Management Plan for the proposed re-commissioning of its Namib Lead Zinc Mine in Namibia. The clearance was granted by the Ministry of Environment and Tourism of the Republic of Namibia. The Company has recently engaged CSA Global (UK) Ltd (CSA) and Bara Consulting (Bara) to elevate its Mine Development Plan (MDP), released on 30 June 2014, to a full Feasibility Study. The process will involve a new resource estimate prepared by CSA, verification and mine design work by Bara which will update the MDP to provide reserves and a feasibility study. The Company has also commissioned a magnetic separation study, and lock-cycle testing from a diversified sample of recently-drilled core, to optimise the metallurgy of the project. Martin French, Managing Director of North River Resources said "Environmental clearance is a major milestone, and is a prerequisite for the granting of a Mining Licence for Namib. Detailed implementation planning and site preparation is also underway at Namib. Site offices are being installed and heavy equipment procurement is being evaluated. We are pleased with the project progress."
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[NRRP} North River Resources Plc (LON:NRRP)‘s stock had its “buy” rating reaffirmed by equities research analysts at VSA Capital in a research note issued to investors on Thursday. They currently have a GBX 2 ($0.03) target price on the stock. VSA Capital’s price target points to a potential upside of 142.78% from the company’s current price. North River Resources Plc (LON:NRRP) opened at 0.8238 on Thursday. North River Resources Plc has a 1-year low of GBX 0.37 and a 1-year high of GBX 0.985. The stock’s 50-day moving average is GBX 0.62 and its 200-day moving average is GBX 0.64. Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of North River Resources Plc in a research note on Monday, July 7th. North River Resources plc (LON:NRRP) is a mineral exploration and development company operating in sub-Saharan Africa.
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[NRRP] on the ascent ! FTSE 100 6,775.03 0.50% Basic Mater... -0.64% NRRP 0.848 18.53% 0.848 +0.133 (18.53%) Real-time: 2:20pm BST LON real-time data - Disclaimer Currency in GBX unless noted Range 0.75 - 0.85 52 week 0.37 - 0.99 Open 0.71 Vol / Avg. 2.20M/2.71M Mkt cap 12.86M* P/E - Div/yield - EPS 0.00* Shares 1,654.94M Beta - Inst. own - *GBP
Posts: 12,284
[NRRP] VSA Capital reaffirmed their buy rating on shares of North River Resources Plc (LON:NRRP) in a report released on Thursday. VSA Capital currently has a GBX 2 ($0.03) price objective on the stock. North River Resources Plc (LON:NRRP) opened at 0.8244 on Thursday. North River Resources Plc has a 52-week low of GBX 0.37 and a 52-week high of GBX 0.985. The stock’s 50-day moving average is GBX 0.61 and its 200-day moving average is GBX 0.6. Separately, analysts at Beaufort Securities reiterated a speculative buy rating on shares of North River Resources Plc in a research note on Monday, July 7th. North River Resources plc (LON:NRRP) is a mineral exploration and development company operating in sub-Saharan Africa.
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[NRRP] Significant increase in underground Mineral Resources at Namib, and operational update · 36% increase in total underground resources to 1,250,000 tonnes · Increases in the reported zinc and lead grades to 6.5% and 2.5% respectively · Several unusually long drill intercepts encountered under the historic mine · A maiden Ore Reserve, prepared in accordance with the 2012 JORC Code, is expected within weeks North River Resources is pleased to announce that its JORC 2012 compliant Mineral Resource Estimate for the Namib Lead Zinc Mine has seen tonnage increase of 36%, to 1,250,000 tonnes, over the previous statement released in December 2013. Within this, Indicated Resources have increased by 33% to 877,000 tonnes, at 2.7% Pb, 6.0% Zn and 44.4 g/t Ag. The Estimate of underground resources was prepared by CSA Global (UK) Ltd) http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12088618
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[NRRP] Overview: · The Company has made significant progress towards first production at its flagship Namib Lead-Zinc-Silver Project, this includes: o a 36% increase in the underground Mineral Resources from 0.92Mt to 1.25Mt o an increase in the reported zinc and lead head grades from 5.2% and 2.4% to 6.5% and 2.5% respectively o Completion of the Mine Development Plan ('MDP') o Multiple high grade drill intercepts (up to 9.76% Zn and 2.73% Pb over 46.3m) below known existing mineralisation · Engaged CSA Global (UK) Ltd and Bara Consulting to elevate the MDP to a full Definitive Feasibility Study · Namibian Government clearance for Environmental Impact Assessment ("EIA") and Environmental Management Plan ('EMP') · Application for a Mining Licence submitted · $12.0m project equity funding secured from Greenstone Resources LP (subject to meeting project miletsones) · Detailed implementation planning and site preparation underway: o construction of site offices o surface and underground communications installed o mine access road upgraded o long lead-time equipment procurement process started · Loss before taxation of £1,726,901 for the period (30 June 2013: loss of £772,515) as the Company continues its development of the flagship Namib Lead-Zinc-Silver Mine http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12099761.html
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[NRRP] Announces that it will host a shareholder conference call at 9.00 a.m. UK time on Tuesday 31 March 2015. The conference call will be hosted by Managing Director James Beams and Non-Executive Director Brett Richards, and during the call they will discuss operational and corporate developments made by the Company in Q1 2015 and will answer queries from shareholders. North River is committed to maintaining a regular and constructive dialogue with its shareholders and accordingly it will hold shareholder conference calls on a quarterly basis moving forward, in addition to supplementary communications as appropriate. To participate in this conference call, please dial +44 (0) 808 109 0701, or +44 (0) 20 3003 2701 if you are calling from outside of the UK, and type in 7704979# as the participant code. Please note that all lines will be muted with the exception of North River's management, however the Company invites shareholders to submit questions to its public relations advisers, St Brides Partners Ltd, ahead of the call via email to info@stbridespartners.co.uk. The management team will strive to answer as many questions as possible during the course of the call. In addition, to view a copy of the presentation online, please go to www.meetingzone.com/presenter and log on as a participant using 7704979# as the participant code. On the right hand side of your computer screen you will find an option to submit questions during the call (please note you will only be able to see the presentation and the Q&A section once the call has been made live by the host). Unfortunately the online presenter programme is not compatible with iPads and iPhones but if you are listening to the call and would like to send questions during this time, please email them to info@stbridespartners.co.uk referencing 'North River Resources' in the subject line and these will be passed onto the Company for you. Please note, the call and webpage will be made live at 8.50 a.m. UK time to give you time to log on but the call will not commence until 9.00 a.m.
Posts: 12,284
Posts: 12,284
[NRRP] announce that, as part of its investor relations programme, it has scheduled shareholder conference calls on the following calendar dates in 2015 in line with its commitment to interact regularly with its shareholder and stakeholder base. Shareholder conference calls will be held on: · Tuesday 30 June, 2015 - 09h00 BST · Tuesday 1 September, 2015 - 09h00 BST · Tuesday 3 November, 2015 - 09h00 GMT Further conference calls will be held on a regular basis beyond the dates outlined above with details to follow in due course. The conference calls will be hosted by Managing Director James Beams. Further details on dial in and participation in these conference calls will be provided in due course and those with questions can submit them ahead of the next call via email to the Company's public relations advisers, St Brides Partners Ltd, at info@stbridespartners.co.uk. Please reference 'North River Resources' in the subject line and these will be passed onto the Company for you. The management team will strive to answer as many questions as possible during the course of the call. Please note that the online presenter programme that will be enabled to accompany the call is unfortunately not compatible with iPads and iPhones.
Posts: 12,284
Posts: 12,284
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