Australia's largest stock trading and investment forum Australia's #1 stock forum

AUQ

Click for more information

0.00%

3.7¢ alara resources limited

Ann: Investment Agreement Update, page-4

First 4 Last

Share
Profile

Follow
denver

1,723 Posts.

62

29/04/19

17:16

Post #: 38310476
Share

Originally posted by Sir Von Pushe: ↑

From the announcement

PERTH: Alara Resources Limited (ASX: AUQ) (Alara or Company) advises that, further to its ASX announcement regarding the Investment Agreement dated 15 March 2019, counterparty SAMA Global has expressed interest in taking an equity stake in Al Hadeetha Resources LLC.
Terms of the new deal are still being discussed, but are expected to include replacing the 1.5% p.a. fee with a fee of 3 - 5% p.a. (based on the EUR 60m, repayable, non-convertible Investment Amount) plus, as a separate but linked transaction, the sale of between a 5 to 15% interest in the Al Hadeetha Copper Project, for an amount to be agreed. Other terms are expected to remain the same as previously announced.
Alara will update the market with further developments as they occur.

Expand

There is always a catch, not that bad though.

AUQ Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

LML

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

WML

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

JBY

James Bay latest lithium player to pivot to other metals amidst slump

QGL

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

There are more pages in this discussion • 71 more messages in this thread...

First 4 Last

Add AUQ (ASX) to my watchlist

(20min delay)
Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $26.56M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	299966	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	35384	1

View Market Depth

No.	Vol.	Price($)
1	299966	0.035
4	517647	0.034
4	205300	0.033
1	62500	0.032
2	541310	0.030

Price($)	Vol.	No.
0.039	35384	1
0.040	70000	1
0.043	140057	2
0.044	195452	2
0.045	100000	1

Last trade - 10.46am 14/10/2024 (20 minute delay)

AUQ (ASX) Chart

Day chart unavailable