SBL signature metals limited

speculation and food for thought

  1. 2,629 Posts.
    lightbulb Created with Sketch. 1


    Hi Nasitrading et alii,


    To begin with this is speculation on my part so please do your own Research and DD.


    Just some food for thought and trying to connect some "Dots".


    What if the "Boys from MQB" are using SBL to back-door their Kasbah Resources Limited project. See information from MQB's website below. MQB were to list Kasbah Resources Limited on the AIM in the last quarter of 2006. Please see below. This listing has not happened to date.


    So is it possible that MQB has been busy acquiring control of SBL to back-door Kasbah Resources Limited on the AIM using the AIM "Fast Track" method?
    See "The fast track route to AIM" below.



    Any constructive thoughts or comments welcomed.


    Cheers,

    Brantley


    Again this is speculation on my part so please do your own Research and DD.



    From MQB's website:

  2. The Principals of MQB Ventures have acquired a very large tin deposit in Morocco and incorporated Kasbah Resources Limited to mange the financing, exploration and development of this project.
  3. To date Kasbah Resources has raised almost £2million in seed capital to complete the acquisition and to prepare the Company for listing on the Alternative Investment Market (AIM) in London in the last quarter of 2006.





    http://www.mqbventures.com/





  4. See below section of SBL announcement 20/02/2007:

  5. Appoints new directors - review resources opportunities









  6. http://www.londonstockexchange.com/NR/rdonlyres/135D6B35-51A3-4FA7-B048-2B2922840FED/0/2293.pdf

    AIM Designated Markets:

    The fast track route to AIM


  7. The streamlined process to join AIM makes it
    easier for smaller growing companies to join a
    global market that has been specifically designed
    with smaller companies’ needs in mind. AIM
    enables smaller companies to broaden their
    investor base by attracting institutional investors
    and also raises their profile with analysts.

  8. Companies who have had their securities traded
    upon an AIM Designated Market for at least
    18 months prior to the date of admission to
    AIM can apply to be admitted without having
    to publish an admission document. Companies
    using the fast track route to AIM simply need to
    make a detailed pre-admission announcement
    – making it more cost-effective to join AIM.



  9. The current AIM Designated Markets
    are the main markets of:


  10. Australian Stock Exchange

  11. Euronext
  12. Deutsche Börse
  13. Johannesburg Stock Exchange
  14. Nasdaq
  15. NYSE
  16. Stockholmsbörsen
  17. Swiss Exchange
  18. Toronto Stock Exchange
  19. UKLA Official List




  20. Requirements:

    Instead of an admission document, companies
    are required to provide a range of information
    by way of an announcement 20 clear days prior to the
    date of its expected admission to AIM, including:


  21. the size of any capital raising in conjunction
    with the application for admission to AIM;

  22. confirmation that the company has adhered
    to the legal and regulatory requirements of
    the relevant AIM Designated Market;

  23. details of the business of the company and
    its intended strategy following admission;

  24. a description of significant changes in
    the financial or trading position of the
    company since the date to which the last
    audited accounts were prepared;

  25. a statement that the directors have no reason
    to believe that the company’s working capital
    will be insufficient for at least 12 months
    from the date of its admission to AIM;

  26. the rights attaching to, and the
    arrangements for settling transactions
    in, the shares being admitted;

  27. any other information which has not been
    made public which would otherwise be
    required of an AIM applicant; and

  28. the address of a website containing the
    company’s latest published annual report
    and accounts (prepared in accordance with Accounting
    Standards currently acceptable under the AIM Rules)
    which must have a financial year end not more
    than nine months prior to admission
    (otherwise interim accounts will be required).










 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.