2 May 2018 13:38
2 May 2018
Crusader Resources Limited
("Company" or "Crusader")
Notice of Annual General Meeting
Crusader Resources Limited (ASX: CAS, AIM: CAS), the independent gold explorer and developer, announces that it has posted its Notice of Annual General Meeting ("AGM") to shareholders which will be available on the Company's website www.crusaderresources.com shortly.
The AGM will be held at the offices of Deloitte Melbourne, 550 Bourke Street, Melbourne, Victoria 3000, on 30 May 2018 at 10.00am (AEST).
The resolutions to be proposed at the AGM include, inter alia, those to approve the issue of Director Conversion Shares, Performance Rights, Warrants and Placee Warrants as detailed in the Company's admission document dated 12 April 2018. Defined terms used in this announcement have the same meaning as set out in the admission document.
For further information, please contact:
Mr. Paul Stephen | Investor Relations |
Executive Director | Office (Aus): +61 8 9320 7500 |
Office (Aus): +61 8 9320 7500 | Email: admin@crusaderresources.com |
Email: paul@crusaderresources.com | |
Smith & Williamson Corporate Finance Limited | Camarco |
Nominated Adviser | Financial PR |
Azhic Basirov/Katy Birkin/Ben Jeynes | Gordon Poole / Nick Hennis |
+44(0)207 131 4000 | +44(0)20 3757 4997 / +44(0)20 3781 8330 |
Hannam & Partners Joint Broker | |
Neil Passmore / Andrew Chubb/Ernie Bell | |
+44 (0)20 7907 8500 |
About Crusader
Crusader Resources Limited (ASX:CAS, AIM: CAS) is a minerals exploration and development company listed on the Australian Securities Exchange and the AIM market of the London Stock Exchange. Its major focus is Brazil; a country Crusader believes is vastly underexplored and which offers high potential for the discovery of world class mineral deposits.
Crusader has two key Gold Assets:
Borborema Gold Project
The Borborema Gold Project is in the Seridó area of the Borborema province in north-eastern Brazil. It is 100% owned by Crusader and consists of three mining leases covering a total area of 29 km2 including freehold title over the main prospect area.
The Borborema Gold Project benefits from a favourable taxation regime, existing on-site facilities and excellent infrastructure such as buildings, grid power, water, sealed roads and is close to major cities and regional centres. The project's Ore Reserve includes Proven and Probable Ore Reserves of 1.61Moz of mineable gold from 42.4Mt @ 1.18g/t (0.4 & 0.5g/t cut-offs for oxide & fresh). The measured, indicated and inferred Mineral Resource Estimate of 2.43Moz @ 1.10g/t gold, remains open in all directions.
Juruena Gold Project
The Juruena Gold Project is located in the highly prospective Juruena-Alta Floresta Gold Belt, which stretches east-west for >400km and has historically produced more than 7Moz of gold from 40 known gold deposits.
The Juruena Project has been worked extensively by artisanal miners (garimpeiros) since the 1980s, producing ~500koz in that time. Historically there is a database of more than 30,000 meters of drilling and extensive geological data.
CAS.L (CAS)