Macarthur Minerals advises that in accordance with ASX Listing Rule 3.10A, 4,400,000 ordinary shares in the Company will be released from escrow on 28 September 2022. The Company will apply for the quotation for these shares within 5 business days after the end of the escrow period in accordance with Listing Rule 2.8.5. On behalf of the Board of Directors, Mr Cameron McCall Company profile Macarthur is an iron ore [...]
Macarthur Minerals Ltd. is pleased to note that Infinity Mining Limited has announced a review of their initial assay results of a recent field rock chip sampling program over the western side of the South Tambourah tenement in Western Australia. Infinity Mining has defined exploration targets for Rubidium mineralisation with up to 6,489 ppm Rb within exposed weathered pegmatites. Macarthur Minerals Holding in Infinity [...]
Macarthur Minerals Ltd. is pleased to announce that all resolutions were passed at the Annual General Meeting of the Company held today in Brisbane, Australia. Resolution 7, Amendments to Constitution was a Special Resolution which passed with the requisite 75% majority. The results in respect of each of the resolution put to shareholders at the Annual General Meeting are set out in Appendix 1. On behalf of the Board of [...]
Macarthur Minerals Ltd. is holding its 2022 Annual General Meeting today. Attached is a copy of the Chairman's address. On behalf of the Board of Directors, Mr Cameron McCall, Executive Chairman Company profile Macarthur is an iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Lake Giles Iron Project mineral resources include the [...]
Macarthur Minerals Ltd. is pleased to announce that effective 1 September 2022, Mr Ryan Welker will be appointed to the Company's Board of Directors and that Alan Joseph Phillips will step down as the Company's Chief Executive Officer. Executive Chairman Cameron McCall will also assume the role of Chief Executive Officer. Mr Ryan Welker is Chairman and Co-founder of Vitrinite Pty Ltd a tightly held, private, premium-hard [...]
Macarthur Minerals Ltd. pursuant to the Company's Share Compensation Plans, the Board of Directors of the Company has granted an aggregate of 4,400,000 Bonus Shares to acquire common shares of the Company pursuant to the Plans to Directors or their respective nominees. The Bonus Shares are being issued under the terms of the Company's Share Compensation Plans which were approved by shareholders at the Company's Annual [...]
Macarthur Minerals Ltd. is pleased to update shareholders that it has appointed a strategic Sub-Committee to assist Macarthur's Board of Directors for the purpose of the development, assessment, and implementation of the Company's plan for the development of the Lake Giles Iron Project and associated infrastructure. SUB-COMMITTEE Committee members will comprise Cameron McCall as chair, supported by Andrew Suckling, the [...]
Macarthur Minerals Ltd. is pleased to update shareholders on a very active first quarter 2022 in which the Company delivered a maiden Mineral Reserve and completed the Feasibility Study for its high-grade magnetite Lake Giles Iron Project. The Company will now proceed with post study optimization work, project development approvals and advancing project finance. With the completion of the study process, Macarthur now [...]
Macarthur Minerals Ltd. wishes to advise that the Company's Registered Office and Principal Place of Business with immediate effect has changed to: Suite 1G, Building 1 Kings Row Office Park 40 McDougall Street Milton QLD 4064 All other contact details remain unchanged. On behalf of the Board of Directors, Mr Cameron McCall, Chairman Company profile Macarthur is an iron ore development, and lithium exploration company [...]
Positive economics supporting a 25-year mine life with Pre-Tax NPV of USD 579m Macarthur Minerals Ltd. is pleased to advise that it has filed the NI43-101 Technical Report for the Feasibility Study of the Company's high grade magnetite Lake Giles Iron Project. The results confirm that the project is economically viable under long-term iron ore price forecasts. The Feasibility Study confirms an economically viable project [...]
Macarthur Minerals Ltd. has closed the previously announced private placement of AUD 7.5 million with institutional and sophisticated investors with subscriptions totalling 15,000,000 fully paid ordinary shares at a price of AUD 0.50 per share. For each New Share issued under the Placement, one attaching option will be issued to acquire one fully paid ordinary share in the Company at an exercise price of AUD 0.65, with an [...]
Macarthur Minerals Ltd. is pleased to announce the issuance of a private placement offering of up to AUD$7.5 million. The placement was oversubscribed, and the brokers are working to allocate the scaleback percentages to investors. Details of the Private Placement are set out below. Private Placement The Company has received firm commitments from sophisticated and institutional investors to subscribe for a total placement [...]
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