Investor Update Presentation
Emmerson Resources Limited (ASX:ERM) managing director and CEO Rob Bills speaks to Proactive about its capital raising of up to $4.5 million to accelerate NSW exploration. Existing shareholders will have the opportunity to acquire new shares and options through a share purchase plan under the same terms as the $3.5 million placement to raise up to a further $1 million.
Proactive - Emmerson Resources raising up to $4.5 million to accelerate NSW gold exploration
Emmerson Resources Ltd (ASX:ERM) has secured commitments to raise up to $3.5 million in an oversubscribed placement to institutional and sophisticated investors with a Share Purchase Plan (SPP) also planned to raise up to a further $1 million.
Proactive - Emmerson Resources in trading halt ahead of capital raising announcement
Emmerson Resources Ltd (ASX:ERM) is in a trading halt pending the release of a capital raising announcement.
Proactive - Emmerson Resources intersects copper sulphides in Kiola drilling
Emmerson Resources Limited (ASX:ERM) has intersected visible copper sulphides in all holes during the first stage of diamond drilling at Kiola project within the prolific Lachlan Fold Belt of NSW.
Proactive: Emmerson Resources forms strategic alliance to share technology and fast-track gold-copper discoveries
Emmerson Resources Ltd (ASX:ERM) has formed a strategic alliance with Longreach Mineral Exploration to share new technology and fast-track discovery of gold-copper projects in Australia.
Proactive - Emmerson Resources outlines three-pronged gold strategy during Proactive online session
Emmerson Resources Limited (ASX:ERM) has a three-pronged strategy with gold as the primary focal point and today managing director Rob Bills outlined progress to investors during a Proactive online session.
Bloomberg Article - Gold Giant Australia Is Firing Back Up a Record Exploration Boom
Gold miners in Australia -- set to leapfrog China next year to become the top producer -- are resuming a pandemic-disrupted exploration spree as prices surge amid a dearth of major discoveries. â€œGold does really well in volatile times, so my sense of this is weâ€™re on the cusp of a fairly major boom,â€ said Rob Bills, chief executive officer of Emmerson Resources Ltd., which plans to restart exploration drilling this week as the nation continues to ease Covid-19-related curbs. â€œThose companies that have got cash will turn the tap on fairly quickly.â€
Proactive - Emmerson Resources starts drilling at Kiola GoldCopper Project in Molong Volcanic Belt of NSW
Emmerson Resources Ltd (ASX:ERM) has started drilling at Kiola Gold-Copper Project in the highly-ranked Molong Volcanic Belt of Central West New South Wales to test targets within the 15-kilometre Kiola Geochemical Zone.
Proactive: Emmerson Resources to present gold strategy at Proactive online conference on Wednesday
Emmerson Resources Limited (ASX:ERM) managing director Rob Bills will present at a Proactive online conference this Wednesday, May 27, from 12 noon AEST.
Proactive: Emmerson Resources substantial shareholder Noontide lifts stake to 18.2%
Emmerson Resources Limited (ASX:ERM) substantial shareholder Noontide Investments Ltd has lifted its substantial holding to 18.2% from 16.8% after a series of on-market purchases during March and April.