Alliance Resources Ltd

Entity type image
Type: Company
Name: Alliance Resources Ltd
First reported Jun 04 2013 - Updated Jun 04 2013 - 1 reports

Axiom Mining forays into energy sector with Queensland uranium project

Mineral exploration company Axiom Mining has entered into the uranium exploration segment by lodging the Exploration Permit for Minerals (EPM) application to explore a known sedimentary hosted uranium deposit in Eden Vale, Queensland.The latest move also ... [Published Energy Business Review - Jun 04 2013]
First reported May 27 2013 - Updated May 27 2013 - 1 reports

Canada : WEST AFRICAN arranges $2M unsecured convertible deb. . .

Canada : WEST AFRICAN arranges $2M unsecured convertible debenture funding deal with SARI [TendersInfo (India)]Al Bawaba Ltd.A $2 million unsecured convertible debenture funding deal has been arranged between Canada-based West African Iron Ore Corp. and ... [Published Equities.com - May 27 2013]
First reported May 26 2013 - Updated May 26 2013 - 1 reports

West African Iron Ore announces additional funding agreement and provides corporate update

West African Iron Ore Corporation has arranged a CAD 2.0 million unsecured convertible debenture financing agreement with Sky Alliance Resources Inc.SARI has agreed to finance up to CAD 2.0 million by way of up to four drawdowns of CAD 500,000. Each drawdown ... [Published Steel Guru - May 26 2013]
First reported Apr 05 2013 - Updated Apr 05 2013 - 1 reports

Orovero closes $1.39-million private placement

Orovero Resources Corp. (formerly Golden Alliance Resources Corp.) has received regulatory approval from the TSX Venture Exchange for the company's non-brokered private placement originally announced on Dec. 10, 2012, Dec. 14, 2012, and Feb. 7, 2013. ... [Published Stockwatch - Apr 05 2013]
First reported Jan 29 2013 - Updated Jan 29 2013 - 1 reports

Alliance Resource Partners, L.P. CEO Discusses Q4 2012 Results - Earnings Call Transcript

Alliance Resource Partners, L.P. ( ARLP ) Q4 2012 Earnings Call January 29, 2013 10:00 AM ET Executives Brian Cantrell - SVP and CFO Joe Craft - President and CEO Analysts David Peltier - Raymond James Mark Levin - BB&T Paul Forward ... [Published Transcripts from Seeking Alpha - Jan 29 2013]

Quotes

West African said : "SARI has agreed to finance up to CAD$2.0 million by way of up to four drawdowns of CAD$500,000. Each drawdown will be in the form of a convertible debenture (collectively the Debentures ) with a term of 5 years and an 8% annual interest rate. During the term of the Debentures, SARI will have the option to convert all or any portion of the outstanding Debentures into common shares of the Company at a conversion price of CAD$0.10 per share for the first CAD$500,000 drawdown. All other drawdowns will have the option to convert any portion of the outstanding Debentures at the market price at the time of drawdown, subject to a minimum conversion price of CAD$0.10 per share. Subject to TSX-V approval, the remaining CAD$1.5 can be drawn down at WAI's election after completion of a resource report in a form prescribed by National Instrument 43-101 with respect to the Forcariah tenement."
Mr Guy Duport CEO of West African Iron Ore Corporation said that "The continued funding from our partners SARI and CIF provides us the necessary resources to release our initial 43-101 Technical Report. We structured these financings in order to limit dilution and provide security for our shareholders in these difficult capital markets. As well, we wish to thank Craig Angus and Harald Ludwig for the support over the previous years, and wish them the best on their future endeavours."
"We are pleased to announce the closing of the financing and to welcome Dicon Gold as the new control person. The combination of Dicon's ability to deal with complex social issues, the history of exploration success at the Grosso Group and our significant property portfolio establishes a solid basis for growth" stated Len Clough, president and chief executive officer

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Axiom Mining forays into energy sector with Que... [Published Energy Business Review - Jun 04 2013]
Canada : WEST AFRICAN arranges $2M unsecured co... [Published Equities.com - May 27 2013]
West African Iron Ore Corp.: New West African I... [Published TransWorldNews - May 26 2013]
West African Iron Ore announces additional fund... [Published Steel Guru - May 26 2013]
West African arranges $2-million financing with... [Published Stockwatch - May 24 2013]
West African Iron Ore announces an additional f... [Published Canada NewsWire - May 24 2013]
“NATO post ISAF Mission: Collective Defense or ... [Published Eucom - May 21 2013]
Orovero closes $1.39-million private placement [Published Stockwatch - Apr 05 2013]
Smart Card Alliance 2013 Payments Summit conclu... [Published PR Newswire via Green Sheet - Feb 11 2013]
Alliance Resource Partners, L.P. CEO Discusses ... [Published Transcripts from Seeking Alpha - Jan 29 2013]
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