Ivernia elects to enter into Farm In Option Period

Prairie Downs Metals Limited (“Prairie” or “the Company”) is pleased to announce that Ivernia Australia Exploration Pty Ltd (“Ivernia”), a wholly-owned subsidiary of Ivernia Inc. (TSX: IVW), has elected to enter into the Farm-In Option Period as per the terms of the Joint Venture Agreement (“Agreement”) signed between Prairie and Ivernia in June 2010.

Quarterly Report for the period ended 30 September 2011

The directors of Prairie Downs Metals Limited are pleased to present the September 2011 quarterly activities report.

Prairie Downs Metals Limited Annual Report for 2011

Please click here to download the 2011 Annual Report  

Capital Raising and Board Changes

Prairie Downs Metals Limited (ASX: PDZ) (“Prairie” or “the Company”) is pleased to advise that it will raise approximately $2.25 million in additiional working capital. The funds raised will enable the Company to fund ongoing exploration and development of the Company's namesake project at Prairie Downs, fund the exercise of unlisted options held in Papillon Resources Limited , and enable Prairie to accelerate ongoing project generation activities which are focused on the identification of new opportunities in the resource sector. 

Notice of Annual General Meeting 

The Annual General Meeting of Prairie Downs Metals Limited will be held at the Plaza Level, BGC Centre, 28 The Esplanade, Perth Western Australia at 1.00pm (WST) on Wednesday 30 November 2011.

 Please click here to download the Notice of Annual General Meeting and Explanatory Memorandum