Proactive: Emmerson Resources launches $1 million SPP as part of $4.575 million capital raising to accelerate NSW exploration
Emmerson Resources Ltd (ASX:ERM) has launched a share purchase plan (SPP) to raise $1 million as part of its $4.575 million capital raising with funds to advance its gold strategy.
Proactive - Emmerson Resources' partner NT Bullion talks plans for near-term production at Tennant Creek
NT Bullions Rodney Illingworth discusses with Proactives Andrew Scott the near-term exploration and production plans for the Northern Project Area (NPA) at the Tennant Creek Mineral Field in the Northern Territory. The firms in partnership there with Emmerson Resources Limited (ASX:ERM). As part of the exploration earn-in and joint venture NT Bullion will fund the next $5 million of NPA exploration.
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.