AME - Alto Metals

[System]

Following the acquisition of its five uranium exploration projects from Enterprise Metals Limited and its wholly owned subsidiaries in October 2012, Enterprise Uranium Limited is currently exploring five uranium projects targeting calcrete and sand hosted uranium mineralisation. Some of these projects also include other commodities as a secondary target. All projects are located on the Yilgarn Craton in Western Australia.

http://www.enterpriseuranium.com.au

 

[System]

On May 27th, 2016, Enterprise Uranium Limited (ENU) changed its name and ASX code to Alto Metals Limited (AME).

 

[aus_trader]

Wow, can't believe there has been no coverage on this stock since 2016 !

I think now that the company is focused on Gold exploration and Goldie's are firing up again it should do well. So entered for June stock tipping comp.

Drilling furiously for a junior explorer at multiple targets. If a sizeable ore body gets hit this thing will win the compo...

 

[signalFollower]

Wow, can't believe there has been no coverage on this stock since 2016 !

I think now that the company is focused on Gold exploration and Goldie's are firing up again it should do well. So entered for June stock tipping comp.

Drilling furiously for a junior explorer at multiple targets. If a sizeable ore body gets hit this thing will win the compo...

still drilling, saw them present to Gold Events 2022 and have some high quality gold strikes

not sure how productive watching this thread will be though ?????

 

[Dona Ferentes]

up 75 percent to 5.8c out of TH

• Acquisition of 100% of the fully paid ordinary shares in Alto Metals Limited via ascheme of arrangement
• Each Alto shareholder will receive 4.0 Brightstar Resources Limited fully paid ordinary shares for every Alto share held
• Alto owns the Sandstone Gold Project comprising a significant land position in the East Murchison and current Mineral Resource of 1.05Moz Au at 1.5g/t1
• Scheme unanimously recommended by the Alto Board, subject to no superior proposal emerging and an independent expert concluding (and continuing to conclude) that the Scheme is in the best interests of Alto shareholders
• Alto Managing Director, Matthew Bowles, to be appointed to the Brightstar Board as Non-Executive Director from implementation of the Scheme
• Alto’s largest shareholder, Windsong Valley Pty Ltd, representing 15% of shares on issue in Alto, has confirmed to Alto that it intends to vote all Alto shares held in favour of the Scheme, in the absence of a superior proposal and subject to an independent expert concluding (and continuing to conclude) that the merger is in the best interests of Alto shareholders
• Scheme is conditional on the Placement, but not the Montague Acquisition
• Scheme expected to be implemented 13 November 2024