here it is11 Mar 2009 16:25
Change of strategy to include a focus on the Company's fluorspar interests.
Preliminary conclusions received on the Bou Jabeur-Gite de l'Est Scoping Study with the full study expected to be completed shortly. The preliminary findings confirm that the Bou Jabeur - Gite de l'Est is a project worthy of merit and further exploration is required to prove it to be a viable mine.
Completion of the work programme and application made for the transfer of a 90% interest in the Fej Ladhoum Exploration Permit to Maghreb with the 10% interest being retained by Office National des Mines.
Funds of £371,000 at 31 December 2008 with an additional £500,000 agreed to be injected by Firebird Global Master Fund II, or its affiliates, on 10 March 2009 to support the Company's future objectives by means of a convertible loan.
Appointment of new directors and Chairman.