Subject up 12% Posted 28/09/05 21:14 - 30 reads Posted by macrae12 IP 61.68.xxx.xxx Post #735077 - start of thread - splitview
Now 5.7. Nice 33% gain for this hungry gorilla with much more to come.
Subject one other minnow Posted 25/07/05 15:00 - 59 reads Posted by macrae12 IP 61.68.xxx.xxx Post #658674 - start of thread - splitview
Your call.
Sydney - Thursday - July 14: (RWE Australian Business News) -
Impress Ventures Ltd (ASX code: ITC) has signed a conditional agreement to increase its interest in the six Cooper Basin exploration and production permits PEL 86, 87, 89, 104, 111 and 115 from 15 per cent to 27.5 per cent. Impress has agreed to buy the extra interests from Tacnas Pty Ltd, a fellow joint venturer, under certain conditions. The agreement calls for Impress to pay $500,000 in cash and to pay to the joint venture account the outstanding cash calls owed by Tacnas, estimated to be $500,000. In addition, Tacnas will receive 35 million shares in Impress and a $200,000 convertible note, valid for two years and convertible at 8c a share. Further payments are to be made upon certain recoverable reserve milestones being met. Impress chairman Mr Eddie Smith said: "ITC is pleased to increase its interest in these highly prospective areas to a more meaningful level such that any future success will have a greater benefit to the company. "The deal gives ITC a 27.5 per cent stake in the recently-discovered Mirage and Ventura oilfields." Shares in Impress Ventures fell 0.2c to 4.3c today
ITC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held