- Joined
- 1 January 2007
- Posts
- 317
- Reactions
- 1
Yes I hold at the moment - bought in at 27c so happy to hold for now. Saw this as a medium to long term so oppies are welcome for me.
Hi motion,
You must be pretty pleased with today's performance, largely due to the announcement in relation to the generous option issue (1 for 1 at 1c).
Well done.
DYOR
I still have not received the option application form. The close date is 2nd Oct.
I am a little bit worried about it.
Has anyone received the option application form?
hey guys,
Just talking to myself again.. have arv hit something big ? With results out yesterday and now a trading halt today could something have been hit right next to molly mines ? hmmm I'm interested to know anyone thoughts...
well time to research some more... maybe even re read the ann and see if there are any clues...
announced 2nd Nov. ASX release.Australian Resources Company, Artemis Resources
Limited (ASX:ARV) is pleased to advise that it has
completed its capital raising of A$5.4m (before costs)
with the second part of this raising, a 1 for 6 underwritten
renounceable rights issue, closing on 28 October 2010
with very strong support from shareholders.
The capital raising comprised two parts:
- a placement of 54,545,454 shares at A$0.055 (plus a
free 1 for 4 attaching listed option (ARVOB exercise
price $0.05)) to professional and sophisticated investors
raising A$3m, completed on 23 September 2010, and
- a 1 for 6 fully underwritten renounceable rights issue of
46,195,693 shares (plus a free 1 for 4 attaching option
(ARVOB exercise price A$0.05)) to shareholders raising
A$2.4m.
ASX Announcement 3rd November 2010 Rare Earth Results from Yangibana Confirm Strike Potential
• Highly anomalous levels of Cerium (3883ppm), Lanthanum (1727ppm), Neodymium (1585ppm) and Praseodymium (490ppm)
• Auger sampling provides evidence for rare earths continuing along a 7km strike
• Database establishment incorporating 80 historical RC drill holes is well advanced towards modelling
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