Short Term Trading Week Starting: 16 Jan, page-170

STTDIARY AXE, 17/1/2017, Archer Exploration Ltd, Ketchowla forms an important part of Archer’s larger tenement area that is prospective for cobalt. The exploration program at Ketchowla will be planned in conjunction with the next stage of development of the larger cobalt exploration effort. By way of background, Archer has entered into a farmin and Joint Venture Agreement with Cobalt Bull Pty Ltd (CB) whereby CB can earn a 75% joint venture interest in the Ketchowla Project and other tenements by spending $2.0m on exploration over 3 years (ASX announcement 31/08/16). The farmin and JV is subject to one outstanding condition precedent which must be satisfied by 31 January 2017. (Source:ASX announcement 17^th January 2017 https://hotcopper.com.au/threads/an...chowla.3168365/?post_id=21938549#.WH3EuBt96Uk )

Cheers GF