Shares: 28.4 mill + 28.4 mill (escr for 2 years); a total of 42.3 mill. ( 6.52 mill shares from founders; 12.5 mill shares to acquire projects and the issue to the public of 23.3 mill shares @25 cents or $5.8 mill. before costs. Altogether 42.3 mil shares). Also 9.5 mill contr. shares escr. for 2 years.
Listed Options (CGMO): 26.63 mill, to be converted @ 25 cents on 31 Dec. 2006. Also 1.45 mill conv. notes @ 20 cents.
Jan 22, 2004: Further high grade gold mineralisation identified at Cue Prj http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=253880
March 19, 2004: New high-Grade Zone Identified at Cue Goldfield Project Completion of this drilling program also marks the end of stage 2 of the requirements of the Cue Joint Venture with St Barbara Mines Limited. As a result, the Company’s equity in this ground will increase from 49% to 80% (St Barbara Mines Limited has several options for further involvement - see the Company’s IPO prospectus dated 17 October 2003 for further details).
March 22, 2004: Media Release - High Grade Gold Discovery at Cue Goldfield: http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=258010
March 31, 2004: New Discovery Extended-Further High-Grade Gold Intersections http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=258588
May 25: Cue Joint Venture - Cougar to retain 80% interest: http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=262126
2. TOOMEY HILL-- NICKEL. Febr. 19, 2004: Resource Drilling Commences at Toomey Hill Project: http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=255725
March 9, 2004: Update on Resource Drilling at Toomey Hill Project: http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=257053
May 19, 2004: Resource drilling at Toomey Hill returns High-Grade Nickel Cougar Metals NL (ASX Code: CGM) is pleased to announce that it has completed resource drilling on its nickel-cobalt laterite resource at the Toomey Hill Project in Western Australia.
An independent geological resource consultant has commenced preparation of a Measured Resource estimate that is expected to be completed by the end of May. The resource drilling program completed at the Toomey Hill Project consisted of 164 vertical RC holes
May 24: 21/5/04 media release re Toomey Hill Nickel Project http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=262067
3. WAITE KAURI NORTH PROJECT--NICKEL. April 13, 2004: Cougar Metals NL (ASX Code: CGM) is pleased to announce that it has been granted an exclusive option to acquire the nickel laterite rights at the Waite Kauri North Project located 20km north of the Murrin Murrin Operation in Western Australia.
4. MT REMARKABLE PROJECT--NICKEL The Mt Remarkable Project, located 45km south of the Murrin Murrin Operation, is considered prospective for nickel laterite mineralisation owing to previous exploration undertaken at, and adjacent to, the project.
5. PYKE HILL--NICKEL.. May 3, 2004: Option over Pyke Hill Project: http://stocknessmonster.com/news-item?S=CGM&E=ASX&N=260829
7. OTHER-SEE WEBSITE. 7.1 WELD RANGE--GOLD. 7.2 PORTELL--GOLD AND BASEMETALS. 7.3 NORTH CUDDINGWARRA: GOLD + BASEMETALS. 7.4: THE ISLAND PROJECT--GOLD.
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any security.
CGM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
