|
|
 |
|
|
 |
Latest News
-
Read more...
Quarterly Activities Report
The Board of Prairie Downs Metals Limited (“Prairie” or “the Company”) is pleased to present its December 2011 quarterly report.
-
Read more...
Results of Annual General Meeting
The Company’s General Meeting was held today, 30 November 2011 at 1.00pm The Company’s General Meeting was held today, 30 November 2011 at 1.00pm (WST). The resolutions voted on were in accordance with the Notice of Annual General Meeting previously advised to the Australian Securities Exchange. on were in accordance with the Notice of Annual General Meeting previously advised to the Australian Securities Exchange.(WST).
-
Read more...
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.
-
Read more...
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.
-
Read more...
Prairie Downs Metals Limited Annual Report for 2011
ASX Release: 31 October 2011
Quarterly Report for the period ended 30 September 2011
Highlights
-
Ivernia Inc.(TSX:IVW)(“Ivernia”), have indicated their intention to continue with the earn in arrangement at the Prairie Downs Base Metal Project (“the Project”) under the terms contained within the Joint Venture Agreement (“the Agreement”) signed in June 2010. This will enable Ivernia to earn an option to acquire a 60% interest in the Project for payment to Prairie of $10 million in cash or shares.
-
Prairie will raise up to $2.25 million in additional working capital via a placement of up to 22.5 million shares at $0.10 per share to institutional and sophisticated investors. There will be 13.75 million attaching options exercisable at $0.15 expiring 30 June 2015.
-
The Company has appointed Mr Ian Middlemas as Chairman and Mr Mark Pearce as a Director effective from 25 August 2011. Mr Jeremy Shervington and Mr Stuart Hall resigned as Directors.
To view today's announcement in full, please click here.
For further information contact:
John Welborn
Director
Prairie Downs Metals Limited
Tel: (+6 18) 9322 6322
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
|
Information in this release that relates to Exploration Results or Mineral Resources is based on information compiled by Mr Luke Kerr who is a member of The Australasian Institute of Mining and Metallurgy. Mr Kerr has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Kerr consents to the inclusion in this report of the statements based on their information in the form and context in which it appears. |