Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Up nearly 14%!
She has long legs that are going to climb today!
Just paid:)
Could easily rise to 7p:)
A chilly pint of beer please:)
About to move:)!
It's an excellent Rns etc... Also... With having a tiny Market Cap and so few shares on offer... She has the potential to move upwards soooo easily! As Always My Friend... DYOR!!!
About to tick upwards again:)
:) So few shares on offer and a tiny market cap!
Rns:)
EastCoal Inc. Update on Rights Offering and Operations Update 10 October 2013 Vancouver, British Columbia - EastCoal Inc.(TSX VENTURE EXCHANGE: ECX, AIM: ECX) ("the Company" or "EastCoal") announces that it has received a ruling from the TSX Venture Exchange ("the TSX-V") stating that it no longer requires the Company to proceed with a rights offering at a post consolidated share price of 20 cents per share which was first announced in the Company's press release of June 3, 2013 (the "Private Placement Press Release"). On May 30, 2013, the Company gave the TSX-V an undertaking that it would complete such rights offering in return for the TSX-V's relaxation of certain pricing rules in the context of the private placement first announced in the Private Placement Press Release. In a letter dated October 8, 2013, the TSX-V has informed the Company that it will not require the Company to complete such rights offering. The Board is also pleased to announce that the Company's Verticalnaya North Mine (the Mine") has now reached a Run of Mine production rate of 3,000 tonnes per month equivalent and that it has commenced washing the coal at the neighboring wash plant. The Company has also completed its first coal sales. As previously noted in the Company's Management Discussion and Analysis ("MD&A") dated August 29, 2013, the Company's continued operations are dependent upon its ability to raise additional funding. The Board is therefore looking at a number of alternatives for future financing and holding discussions with potential investors. A decision is expected shortly. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results to differ materially from those expressed in the forward looking information. These and all subsequent written and oral forward-looking information are based on estimates and opinions on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, EastCoal assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change. For more information please contact: EastCoal Inc. Abraham Jonker, President and Acting CFO +1 (604) 973 0079 / +1 (604) 992 5600 (Cell) www.eastcoal.ca Cenkos Securities plc Ken Fleming
10 October 2013 Trap Oil Group plc ("Trapoil" or the "Company") Update on Trent East Terrace Area Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces an update in respect of its proposed farm-in to the Trent East Terrace Area and its existing interests in certain adjacent acreage. Proposed Farm-in to the Trent East Terrace Area As announced previously, on 7 February 2013 Trapoil entered into a conditional sale and purchase agreement (the "Agreement") to potentially acquire a 33.33 per cent. working interest in Licence P.685 (Block 43/24a) (the "Trent East Terrace Area" or "TET"), containing the Trent East gas discovery, from Perenco UK Limited ("Perenco"). Holywell Resources Limited ("Holywell") is also a party to this Agreement under the terms of which it agreed to acquire Perenco's residual 66.67 per cent. interest in TET. In the event that all of the conditions precedent were not satisfied or waived by 30 September 2013 any of the parties were thereafter entitled to provide 10 days notice of their intention to terminate their involvement. As at 30 September 2013 some legal documentation relating to certain conditions precedent, although acceptable to Trapoil, had not been agreed by Holywell. Given the circumstances Trapoil had no confidence that funds would be placed in an escrow account to cover the anticipated costs of an appraisal well. On 9 October 2013 Perenco issued a notice of its intention to terminate the Agreement in the event that the conditions precedent are not fulfilled by 19 October 2013. Acreage adjacent to TET Trapoil's subsidiary, Trap Oil Ltd, currently holds a 30 per cent. working interest in the Conrad prospect (Licence P.1923, Block 43/20c)("Conrad"), an adjacent block to TET, which it acquired from Holywell last year for a nominal consideration. Trapoil's partners in Conrad are Centrica Resources Limited ("Centrica") (40 per cent. working interest and operator) and Holywell (30 per cent. working interest). A decision to either drill or drop this licence will need to be made by the partnership group by 30 January 2014. Trapoil also has an outstanding licence application under the Department of Energy and Climate Change's ("DECC's") 27th Seaward Licensing Round for acreage proximate to the Trent East Terrace Area containing the Opal discovery. This potential full or partial licence award by DECC remains pending. The Company has to date been assessing the possible development of Conrad, and the abovementioned potential additional licence award from DECC, as part of its envisaged development plan for TET which comprised a single well tie-back to the Trent platform operated by Perenco. In light of the termination of the TET farm-in opportunity, Trapoil will now pro
Goes trade #4 :)
May see .49 - .50p today...:)
Volatility is fantastic!:) Nice Rns...!
Flying!
10 October 2013 DIXONS RETAIL PLC Unieuro and marco polo form new electrical retailer GROUP for italian market Dixons Retail plc ("Dixons Retail"), Europe's leading specialist electrical multi-channel retailing and servicescompany, today announces that it has signed an agreement with the shareholders of SGM Distribuzione s.r.l (which trades as Marco Polo in Italy ("Marco Polo")) to form a new entity ("NewCo"), that will indirectly own both Unieuro S.p.A ("Unieuro") and Marco Polo. Rhône Capital is the controlling shareholder of Marco Polo and will become the controlling shareholder of NewCo. Under the terms of the agreement, Dixons Retail will leave the business with EUR25m of cash and will invest up to EUR10m in the form of a loan note based on an expected closing date at the end of November 2013. Dixons Retail will own a 15% share in NewCo with the owners of Marco Polo holding the remaining 85% of the share capital. Marco Polo and Unieuro are both leading integrated multi-channel electrical retailers in Italy and the combined group will operate from 173 own stores as well as through a number of franchise partners. The transaction is subject to, inter alia, competition clearance. For the year to April 2013 Unieuro generated losses before tax of GBP4.1 million on sales of GBP516.0 million and gross assets of GBP209.2 million. The transaction is expected to be accretive to underlying earnings for Dixons Retail in the current financial year. Commenting on the transaction, Sebastian James, Group Chief Executive, said: "This is a terrific outcome for both Unieuro and Marco Polo, as it creates a unified force that has the potential to be at the forefront of electrical retailing in this large European market. I am pleased that we remain a shareholder and that this transaction gives clarity on the long-term future for the business and for our colleagues. For Dixons, this transaction follows our agreed disposals of ElectroWorld in Turkey and of PIXmania in France. Once completed, these changes will enable the Group to focus on those territories where we have market-leading multi-channel operations. I have no doubt that this increased simplicity and clarity will enable us to deploy our resources better and drive better value for all of our stakeholders." Commenting on the transaction, Giancarlo Nicosanti Monterastelli, CEO of Marco Polo said: "This agreement is the first stage of a long-term plan to create a leading integrated multi-channel retailer group in the Italian electrical market. The agreement is designed to achieve important benefits for customers, employees and suppliers. While market conditions in Italy remain challenging, the complementary channel strategy and store portfolios of the two companies will enable the new group to attract more customers across Italy and build long-term growth." For further information David Lloyd-Seed, IR, PR &
10 October 2013 DP Aircraft I Limited Acquisition of Aircraft Further to its announcement of 4 October, the Board of Directors of DP Aircraft I Limited is pleased to announce that the Company, through its wholly-owned subsidiary DP Aircraft Ireland Limited, yesterday completed the purchase of the two Boeing 787-8 aircraft (serial numbers 35304 and 35305) detailed in the Company's prospectus dated 27 September 2013. As further described in the prospectus, DP Aircraft Ireland Limited has been novated as lessor under the Leases attaching to each of the aircraft. For further information please contact: Gillian Newton 01481 732814 Dexion Capital (Guernsey) Limited Company Secretary
10 October 2013 The Real Good Food Company plc (AIM: RGD) Napier Brown wins major new sugar supply contracts from Asda and Booker The Real Good Food Company plc ("the Group" or "RGFC"), the diversified food group, owns Napier Brown (Europe's biggest non-refining sugar distributor) as well as Renshaw and R&W Scott (bakery ingredients), Garrett Ingredients (dairy ingredients) and Haydens Bakery (patisserie and desserts). The RGFC Board is pleased to announce that its sugar trading subsidiary, Napier Brown, has secured two major new supply contracts for its branded range of Whitworths sugars from supermarket retailer Asda and from Booker, the leading food wholesaler. These new contracts, which begin later this month, will include the supply by Napier Brown of a range of more than 60 separate product lines, including the Whitworths everyday and specialist ranges, "Whitworths for Baking", as well as a number of new product lines targeting specific consumer needs. Whitworths Sugar has become the fastest growing brand in the sugar category following a re-launch of the brand last year and the introduction of the "Whitworths for Baking" range in summer 2012. The new agreements with Asda and Booker will see a doubling in retail value of Whitworths sugar sales. Around 80 new jobs will be created at Napier Brown's headquarters in Normanton, West Yorkshire, following award of these new contracts. At the same time, construction is nearing completion of Napier Brown's "Sugar Hub", a GBP3.5 million development in new sugar handling facilities at Immingham on Humberside, which is due for completion by the end of the current year. This will enable the efficient handling of bulk sugar shipments arriving by sea and their onward distribution to food manufacturers and other customers across the north of England. Pieter Totté, Group Chairman, comments: "I am delighted by the success of John Tanner and his team at Napier Brown in securing these important new contracts, which represents the culmination of 18 months' hard work. We look forward to building our relationships with both Asda and Booker and believe that the Whitworths brand still has huge growth potential." 10 October 2013 ENQUIRIES: The Real Good Food Company Tel: 020 3056 1516 Pieter Totté, Chairman Andrew Brown, Marketing Director Shore Capital & Corporate Tel: 020 7408 4090 Stephane Auton Patrick Castle
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