Stellar ; Stellar is now pleased to welcome Resource Capital Funds (“RCF”) as a cornerstone investor. RCF is a mining focused private equity firm that works closely with its investee companies to build strong, successful and sustainable mining businesses. RCF is currently investing the US$1.02 billion raised in its fifth fund, Resource Capital Fund.
Triangle Energy; Triangle Energy (Global) Limited (ASX: TEG) (“Triangle Energy”) is pleased to announce that it has agreed to issue Convertible Unsecured Notes to Standard Chartered Private Equity (Singapore) Pte Ltd (“SCPE”).
Rialto Energy, $20mio from International Finance Corporation
Stellar wants to do a BFS, Triangle to enable it to continue with the development of the Pase field and exploration on the Pase PSC area & Rialto to do more drilling.
Gippsland has a BFS and a 10 year off-take agreement but can neither find a cornerstone investor, or financier, yet companies with projects nowhere near advanced can.
Eternally hopeful of a White Knight but my heart says sell Abu Dabbab.
AR1 Price at posting:
1.9¢ Sentiment: None Disclosure: Held
