http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Tue, 12 Dec 2017 07:41:08 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Robo 3D attracts $3.15 million to accelerate 3D printer sales ]]> http://www.proactiveinvestors.com.au/companies/news/188378/robo-3d-attracts-315-million-to-accelerate-3d-printer-sales-188378.html Robo 3D Ltd (ASX:RBO) has received firm commitments to raise $3.15 million via a placement of shares to leading institutional investors at $0.045 each.

The company has established itself in the desktop segment of the 3D printing industry, gaining significant traction online and through retail partners including Amazon and Best Buy.

Robo 3D’s R2 is an easy to use printer launched earlier this year with a robust set of features that will enable professionals, designers, entrepreneurs and educators to bring their ideas to life in 3D.

The new capital will allow the company to accelerate sales and marketing activities particularly into education opportunities and investigate new product development opportunities.

The funds will also help in further developing its software and content assets to provide an ecosystem that protects its hardware business.

Robo 3D recorded its highest ever monthly revenue of $1.3 million in the month of October.

Significantly, the company is expected to surpass its full year revenue of $3.2 million in FY17 within the first half of the FY18 financial year.

Robo 3D is well funded to execute its ambitious growth strategy following the capital raising and record-breaking last three months.

]]>
Thu, 07 Dec 2017 08:07:00 +1100 http://www.proactiveinvestors.com.au/companies/news/188378/robo-3d-attracts-315-million-to-accelerate-3d-printer-sales-188378.html
<![CDATA[News - Robo 3D heads to market following expansion in Europe ]]> http://www.proactiveinvestors.com.au/companies/news/183571/robo-3d-heads-to-market-following-expansion-in-europe-183571.html Robo 3D Ltd (ASX:RBO) recently executed a distribution agreement with ColorFabb B.V. to expand its sales and distribution into the Netherlands, Belgium, and Luxembourg.

The company has established itself in the desktop segment of the 3D printing industry, gaining significant traction online and through retail partners including Amazon and Best Buy.

Robo is now heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Monday 11th September 2017, or earlier if an announcement is made to the market.

]]>
Thu, 07 Sep 2017 13:08:00 +1000 http://www.proactiveinvestors.com.au/companies/news/183571/robo-3d-heads-to-market-following-expansion-in-europe-183571.html
<![CDATA[News - Robo 3D widens its footprint in Europe with new agreement ]]> http://www.proactiveinvestors.com.au/companies/news/183047/robo-3d-widens-its-footprint-in-europe-with-new-agreement-183047.html Robo 3D Ltd (ASX:RBO) has executed a distribution agreement with ColorFabb B.V. to expand its sales and distribution into the Netherlands, Belgium, and Luxembourg.

Simultaneously, Robo will also act as a re-seller of ColorFabb’s premium filament products to be introduced into the emerging professional customer segment.

ColorFabb is a developer of high-quality filaments for 3D printing, with an established global distribution footprint in over 60 countries.

The companies are aiming to leverage Robo’s products to ColorFabb’s vast customer base.

Robo has established itself in the desktop segment of the 3D printing industry, gaining significant traction online and through retail partners including Amazon and Best Buy.

The company’s Robo R2 is an easy to use printer launched recently with a robust set of features that will enable professionals, designers, entrepreneurs and educators to bring their ideas to life in 3D.

Robo, by partnering with ColorFabb for their filament, is positioning itself to provide advanced 3D printing solution.

The company is focused on its four strategic objectives - increase presence in the education market, new customer growth, existing customer expansion and product innovation.

Robo’s shares closed 4.7% higher on Monday, at $0.067.

]]>
Tue, 29 Aug 2017 09:07:00 +1000 http://www.proactiveinvestors.com.au/companies/news/183047/robo-3d-widens-its-footprint-in-europe-with-new-agreement-183047.html
<![CDATA[News - 3D Ltd’s shares ride higher on retail launch of 3D printer ]]> http://www.proactiveinvestors.com.au/companies/news/180735/3d-ltds-shares-ride-higher-on-retail-launch-of-3d-printer-180735.html Robo 3D Ltd’s (ASX:RBO) smart 3D printer Robo R2 has been launched across retail and online channels including Amazon, WYNIT and Synnex.

The company’s shares were last trading 28% higher intra-day, at $0.055.

Robo R2 is an intuitive and easy to use printer, with a robust set of features that will enable professionals, designers, entrepreneurs, hobbyists, and educators to bring their ideas to life in 3D.

The release of the Robo R2 to retail channels will build on the strong demand and enquiry that the company has received from existing and new customers, both in the U.S. as well as internationally.

Robo continues to progress new customer accounts in the education segment, a segment that is estimated to spend around US$8 billion per annum on education technology products.

The company completed its initial production run at Foxconn of the Robo R2 in May this year, which was dedicated solely to its pre-order customers.

All pre-orders have now been delivered to these customers.

The manufacturing quality and production throughput from this initial production run exceeded the company’s expectation.

Robo is ramping up production volume to meet the anticipated demand for the R2 printer.

The company recently accepted a Good Design® Award within the Product Design category at the Good Design Festival in Sydney for its smart 3D printers.

Considered Australia’s highest honour for design innovation since 1958, the event celebrates the best new products and services within the Australian market.

]]>
Wed, 12 Jul 2017 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/180735/3d-ltds-shares-ride-higher-on-retail-launch-of-3d-printer-180735.html
<![CDATA[News - Robo 3D raising $1.8M to accelerate sales growth ]]> http://www.proactiveinvestors.com.au/companies/news/179426/robo-3d-raising-18m-to-accelerate-sales-growth-179426.html Robo 3D (ASX:RBO) has received firm commitments to raise A$1.8 million to ramp up the production of desktop 3D printers to meet expected sales demand.

The funding comprises a placement of circa A$800,000 to sophisticated investors at A$0.06 per share, alongside a A$1 million trade finance loan facility from Albion Capital Partners.

Albion is an entity associated with Robo’s major shareholder, Tony Grist.

The trade finance loan facility minimises the dilution of the placement, as conversion into ordinary shares is set at a 17% premium to the issue price of the placement.

The new funds will be used to ramp up stock purchasing from Foxconn to meet expected demand for Robo’s flagship R2 printer from expanded international distribution and reseller networks.

Robo R2 is an intuitive and easy to use printer, with a robust set of features that will enable professionals, designers, entrepreneurs, hobbyists, and educators to bring their ideas to life in 3D.

The company had received pre-orders of over A$800,000 for the Robo R2, which commenced delivery in late May.

Robo is continuing to expand its international footprint, establishing an international sales office and signing its first major distributor in Europe.

The company will also exhibit at the largest education trade show in the U.S., ITSE 2017, on 25-28 June 2017, with the expected attendance of an estimated 15,000 education professionals.

]]>
Mon, 19 Jun 2017 12:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/179426/robo-3d-raising-18m-to-accelerate-sales-growth-179426.html
<![CDATA[News - Robo 3D gets ready to raise ]]> http://www.proactiveinvestors.com.au/companies/news/179112/robo-3d-gets-ready-to-raise-179112.html Robo 3D (ASX:RBO) has been granted a trading halt by the ASX, pending detail of a capital raising.

The halt will remain in place until the opening of trade on Thursday 15th June 2017, or earlier if an announcement is made to the market.

]]>
Tue, 13 Jun 2017 13:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/179112/robo-3d-gets-ready-to-raise-179112.html
<![CDATA[News - Robo 3D to launch its desktop 3D printers in France ]]> http://www.proactiveinvestors.com.au/companies/news/178706/robo-3d-to-launch-its-desktop-3d-printers-in-france-178706.html Robo 3D (ASX:RBO) has expanded the sales and distribution of its desktop 3D printers into France by signing an agreement with Sotec3D.

Headquartered in Le Mans, France, Sotec3D is one of the largest 3D printer suppliers in Europe and is the leading distributor of 3D printers, filaments, and accessories in France.

Sotec3D will be adding Robo products to all its sales channels in the upcoming weeks.

Since the start of 2017, Robo successfully expanded its presence in the U.S. and entered into key international markets including Canada and Mexico.

The company has received over A$800,000 in pre-orders from the U.S. market for its first shipment of Robo R2 printers.

Robo R2 is an intuitive and easy to use printer, with a robust set of features that will enable professionals, designers, entrepreneurs, hobbyists, and educators to bring their ideas to life in 3D.

Foxconn Technology Group is Robo’s production partner for the R2 3D printer.

Robo is actively pursuing new distributors and re-sellers as it looks to continue expanding its footprint in Europe and Asia.

To further support the expansion of Robo’s international expansion, the company has appointed Tomasz Wykowski as international sales director for Europe and Asia.

Tomasz Wykowski was previously at 3D printing firm ZMorph where he held the role of director for sales and business development.

Robo had a cash balance of circa $2.2 million as at 31 March 2017.

]]>
Fri, 02 Jun 2017 14:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/178706/robo-3d-to-launch-its-desktop-3d-printers-in-france-178706.html
<![CDATA[News - Robo 3D to commence delivery of new 3D printer model ]]> http://www.proactiveinvestors.com.au/companies/news/178424/robo-3d-to-commence-delivery-of-new-3d-printer-model-178424.html Robo 3D (ASX:RBO) will commence delivery of its new Robo R2 3D printers to pre-order customers following the receipt of the first shipment from the Foxconn production facility.

With its accessible price point, Robo R2 has the potential to be quite disruptive for the 3D printing industry.

The company has been actively pre-selling Robo R2 to existing customers, including wholesale, retail, and direct-to-consumer, and has received over $800,000 in pre-orders.

Robo R2 is intuitive, easy to use and accessible, with a robust set of features that will enable professionals, designers, entrepreneurs, hobbyists, and educators to bring their ideas to life in 3D.

Foxconn Technology Group is Robo 3D’s production partner for the Robo R2 3D printer.

The printer was awarded the “CES 2017 Best of Innovation Award” for the 3D printing category at the Consumer Electronics Show (CES) in Las Vegas, Nevada.

The company is buoyed by the level of interest in its new products and continues to advance numerous discussions to expand its sales and distribution footprint globally.

Robo has already expanded its sales footprint in the U.S. with a distribution agreement signed with WYNIT Distribution, a wholesale distributor of emerging technology and products.

Interestingly, Robo was recognised as having a top three market share for its R1 3D printer in North America at the end of the March 2017 quarter.

Worldwide shipments of desktop 3D printers are estimated to have almost doubled in 2016, to reach 455,772 units. The volumes are expected to reach 6.7 million by 2020.

]]>
Mon, 29 May 2017 13:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/178424/robo-3d-to-commence-delivery-of-new-3d-printer-model-178424.html
<![CDATA[News - Robo 3D shares rise on imminent shipment of new 3D printer ]]> http://www.proactiveinvestors.com.au/companies/news/177629/robo-3d-shares-rise-on-imminent-shipment-of-new-3d-printer-177629.html Robo 3D (ASX:RBO) has received over A$800,000 in pre-orders for the first shipment of its Robo R2 wifi 3D printers ahead of their delivery this month.

The company’s shares were last trading 12% higher intra-day on Thursday, at $0.075.

For the last few months, Robo 3D has been actively pre-selling the Robo R2 to customers including wholesale, retail and direct-to-consumer.

Foxconn Technology Group is Robo 3D’s production partner for the Robo R2 3D printer.

Foxconn is a major electronics manufacturing company with clients including international electronics and information technology companies Apple, Amazon, Sony and Nintendo.

In conjunction with Foxconn, Robo has completed the design and installation of the new Robo R2 production line.

Full production is now underway after achieving the desired quality of the finished product and print performance.

Robo 3D is expected to deliver Robo R2 printers to customers during May 2017.

With its accessible price point, Robo R2 is a compelling value proposition that has the potential to be quite disruptive for the 3D printing industry.

The printer was awarded the “CES 2017 Best of Innovation Award” for the 3D printing category at the Consumer Electronics Show (CES) in Las Vegas, Nevada.

Worldwide shipments of desktop 3D printers are estimated to have almost doubled in 2016, to reach 455,772 units.  The volumes are expected to increase to 6.7 million by 2020.

Robo 3D started trading on the ASX in December 2016, after successfully raising $6 million via a public offer at $0.10 per share.

]]>
Thu, 11 May 2017 12:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/177629/robo-3d-shares-rise-on-imminent-shipment-of-new-3d-printer-177629.html
<![CDATA[News - Robo 3D teams with major Canadian retailers to expand its footprint ]]> http://www.proactiveinvestors.com.au/companies/news/176121/robo-3d-teams-with-major-canadian-retailers-to-expand-its-footprint-176121.html Robo 3D (ASX:RBO) has reached an agreement with major retailers in Canada including Best Buy, Staples and Amazon Canada to supply its new Robo C2 and Robo R2 3D printers.

These sales partners collectively represent around 1,000 physical locations in Canada in addition to their strong online presence.

Robo 3D is focused on the design and distribution of 3D printers and associated products for the desktop segment of the 3D printing industry.

The company will also offer its complementary products in Canada, including filament and 3D project kits such as Robo’s “build-it-yourself” drone.

Robo 3D has also developed educational curriculum software that provides educators with lesson plans by using 3D printing.

Canada is one of the ten largest economies in the world and is a key strategic market for Robo 3D, given Canada’s high level of technology utilisation in schools and universities.

Last month, Robo 3D signed up with WYNIT Distribution to distribute 3D printers and software in the U.S., with a specific focus on the education sector.

Robo 3D has already expanded into more than 20 new education districts throughout the U.S. and is continuing discussions with key education industry partners.

The company’s revenue for the 12 months ending December 2016 was US$3.7 million, up from US$3.2 million in 2015.

Worldwide shipments of desktop 3D printers are estimated to have almost doubled in 2016 to reach 455,772 units. Unit volumes are expected to increase to 6.7 million by 2020.

Robo 3D is continuing to progress negotiations with many international distributors and resellers across numerous geographies, along with specialist partners in the education segment.

]]>
Fri, 07 Apr 2017 13:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/176121/robo-3d-teams-with-major-canadian-retailers-to-expand-its-footprint-176121.html
<![CDATA[News - Robo 3D expands its reach into the U.S. education sector ]]> http://www.proactiveinvestors.com.au/companies/news/174954/robo-3d-expands-its-reach-into-the-us-education-sector-174954.html Robo 3D (ASX:RBO) has signed up with WYNIT Distribution to distribute 3D printers and software in the U.S., with a specific focus on the education sector.

Robo 3D is focused on the design and distribution of 3D printers and associated products for the desktop segment of the 3D printing industry.

The company has also developed software educational curriculum that provides educators with lesson plans by using 3D printing.

Robo 3D will be backed by WYNIT, a leading North American wholesale distributor of emerging technology and products that includes entry-level as well as professional-calibre 3D printers.

WYNIT has a large distribution reach in the education space, specifically with CDW LLC, Camcor Inc, and numerous other education-focused resellers.

3D printing is set to enhance the learning process in education through interactive visualisations and is transforming the learning process.

Robo 3D has already expanded into more than 20 new education districts throughout the U.S. and is continuing discussions with key education industry partners.

The company’s revenue for the 12 months ending December 2016 was US$3.7 million, up from US$3.2 million in 2015.

Robo 3D had A$5.4 million of cash at bank at the end of the December 2016 quarter.

Shipments of desktop 3D printers are estimated to have almost doubled in 2016 to reach 455,772 units. Unit volumes are expected to increase to 6.7 million by 2020.

]]>
Fri, 17 Mar 2017 12:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/174954/robo-3d-expands-its-reach-into-the-us-education-sector-174954.html
<![CDATA[News - Robo 3D teams with Foxconn to make 3D printers ]]> http://www.proactiveinvestors.com.au/companies/news/171691/robo-3d-teams-with-foxconn-to-make-3d-printers-171691.html Foxconn manufactures products for major electronics and information technology companies, delivering iconic products including the iPhone, iPad, Kindle and Playstation.

The tooling process has commenced, with the first production units of the ‘Robo R2’ wifi 3D printer scheduled for completion during the first quarter of 2017.

The ‘Robo R2’ 3D printer was awarded the “CES 2017 Best of Innovation Award” for the 3D printing category at the Consumer Electronics Show (CES) in Las Vegas, Nevada.

Furthermore, Robo 3D delivered the first production units of its new ‘Robo C2’ smart 3D printer to customers in late December 2016.

The ‘Robo C2’ printer is Robo’s entry level 3D printer model, targeted at desktop users and particularly the growing education market, with its compact build size and price point of US$699.

The company started trading on the ASX last month, after successfully raising $6 million via a public offer at $0.10 per share.

Worldwide shipments of desktop 3D printers are estimated to have almost doubled in 2016, to reach 455,772 units.  The volumes are expected to increase to 6.7 million by 2020.

]]>
Tue, 17 Jan 2017 08:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/171691/robo-3d-teams-with-foxconn-to-make-3d-printers-171691.html
<![CDATA[News - Robo 3D debuts on the ASX; eyes growing 3D printing market ]]> http://www.proactiveinvestors.com.au/companies/news/170837/robo-3d-debuts-on-the-asx-eyes-growing-3d-printing-market-170837.html Adding interest, Robo’s shares were last trading at $0.14, up 40% from its issue price.

The California-based company has positioned itself as an emerging player in the fast-growing desktop 3D printing industry.

Robo has sold almost 11,000 units of its 3D printer models in over 70 countries since delivering its first model in 2013.

The company has seen consistent revenue growth each year since inception, driven by strong market share in the U.S., reaching US$4.4 million in the twelve months ending June 2016.

Robo’s blue chip customers include large U.S. retailers such as Amazon, Best Buy, and Staples, with international expansion underway.

The capital raising will enable Robo to further bolster its sales team in the U.S. and accelerate penetration into international markets.

The funds will also support the production of two new 3D printer models, including the award-winning “R2” model, which is expected to accelerate revenue growth in CY2017.

Worldwide shipments of desktop 3D printers are estimated to have almost doubled in 2016, to reach 455,772 units.  The volumes are expected to increase to 6.7 million by 2020.

Robo generates revenue from a range of products including its 3D printers, filaments, software for 3D educational curriculum and project kits (such as drones).

The company listed on the ASX via a reverse takeover deal with Falcon Minerals.

]]>
Thu, 22 Dec 2016 11:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/170837/robo-3d-debuts-on-the-asx-eyes-growing-3d-printing-market-170837.html
<![CDATA[News - Falcon Minerals Ltd set to acquire 3D printer manufacturer ]]> http://www.proactiveinvestors.com.au/companies/news/165780/falcon-minerals-ltd-set-to-acquire-3d-printer-manufacturer-70939.html Falcon Minerals Ltd (ASX:FCN) has signed a revised agreement for the acquisition of 100% of the issued capital of Robo 3D, a U.S. based 3D printer manufacturer.

The original proposed transaction was for the acquisition of 51% of Robo 3D.

Founded in 2012, ROBO 3D designs, manufactures and sells desktop 3D printers and associated products to the consumer segment of the 3D printing industry.

3D printing or additive manufacturing is the process of creating three dimensional solid objects from a digital file.

Robo3D is experiencing strong growth across its business, generating a revenue of US$4.6 million in the twelve months ending June 2016, compared to US$2.4 million over the prior comparative period.

Sales to date was primarily achieved through online sales channels, including Amazon and robo3d.com.

Robo 3D is now pursuing an aggressive sales expansion program aimed at leading “bricks & mortar” retailers such as Best Buy, Costco, Staples, Target and Walmart.

3D printer shipments are predicted to more than double every year between 2016 and 2019, by which time worldwide shipments are expected to reach more than 5.6 million.

As part of the transaction, Falcon will undertake a capital raising to raise a minimum of $4 million, with oversubscriptions of $2 million available in order to raise up to a maximum of $6 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

]]>
Fri, 09 Sep 2016 09:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165780/falcon-minerals-ltd-set-to-acquire-3d-printer-manufacturer-70939.html
<![CDATA[News - Falcon Minerals Ltd to update on acquisition ]]> http://www.proactiveinvestors.com.au/companies/news/154315/falcon-minerals-ltd-to-update-on-acquisition-68375.html Falcon Minerals Ltd (ASX:FCN) has been granted a trading halt by the ASX this morning, pending an update on the acquisition of Albion 3D Investments Pty Ltd.

The halt will remain in place until the opening of trade on Wednesday 4th May 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

]]>
Mon, 02 May 2016 10:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154315/falcon-minerals-ltd-to-update-on-acquisition-68375.html
<![CDATA[News - Falcon Minerals Ltd: 3D printer company acquisition signs with Staples ]]> http://www.proactiveinvestors.com.au/companies/news/154314/falcon-minerals-ltd-3d-printer-company-acquisition-signs-with-staples-67657.html Falcon Minerals Ltd, (ASX:FCN) which is transitioning into the 3D printer manufacturer with a recent acquisition of  ROBO 3D, Inc., has signed a key agreement to launch into 45 U.S. retail stores of Staples, (NASDAQ:SPLS).

The rollout into Staples, one of the world’s largest office supply chain stores, is another win for ROBO 3D, following the launch in October 2015 into 50 retail stores of Best Buy (NYSE:BBY).

On 3 December 2015, Falcon agreed to acquire 51% of the share capital of ROBO 3D via the acquisition of 100% of the share capital of Albion 3D Investments Pty Ltd, a holding company, subject to shareholder approval.

Founded in 2012, ROBO 3D designs, manufactures and sells 3D printers and associated products to the consumer segment of the 3D printing industry.

3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file.

According to Gartner, Inc.'s (NYSE:IT) 2015 forecast, 3D printer shipments are forecast to more than double every year between 2016 and 2019.

ROBO 3D’s total annual sales reached US$3.47 million in 2015, which is more than double the sales in 2014.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

]]>
Wed, 23 Mar 2016 14:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154314/falcon-minerals-ltd-3d-printer-company-acquisition-signs-with-staples-67657.html
<![CDATA[News - Falcon Minerals: ROBO 3D achieves highest printer sales ]]> http://www.proactiveinvestors.com.au/companies/news/154313/falcon-minerals-robo-3d-achieves-highest-printer-sales-66955.html Falcon Minerals (ASX:FCN) continues to benefit from the acquisition of 51% of U.S. based 3D printer company ROBO 3D after it announced best monthly sales of about US$0.75 million in December 2015.

Falcon entered into a binding agreement to acquire 51% ownership of Robo 3D, Inc via the acquisition of all of the issued shares in Albion 3D Investments Pty Ltd.

ROBO 3D is a recipient of the surge in demand for 3D printers in the desktop and consumer market as well as print speed, resolution and largest print areas of its printers.

3D printing is a process of making three dimensional solid objects from a digital file.

Demand for ROBO 3D's R1+ 3D printer, and related products including its broad range of filament from consumers continues to grow.

ROBO 3D achieved record quarterly sales of about US$1.59 million in the three months ended 31 December 2015, taking total annual sales for 2015 of almost US$3.47 million, 100% higher than 2014.

The company is seeking to divest the existing exploration assets or relinquish the licenses.

Robo 3D was founded in 2012.

 


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

]]>
Wed, 10 Feb 2016 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154313/falcon-minerals-robo-3d-achieves-highest-printer-sales-66955.html
<![CDATA[News - Falcon Minerals soars on 3D printing acquisition ]]> http://www.proactiveinvestors.com.au/companies/news/154312/falcon-minerals-soars-on-3d-printing-acquisition-65976.html Falcon Minerals (ASX:FCN) shares were trading as much as 74% higher today with news the polymetallic explorer was moving into the 3D printing business.

Falcon stock was last trading 39.1% higher at A$0.032, which represents a 191% increase over the past three months.

Trading today has coincided with confirmation that Falcon would acquire Albion3D Investments, which controls Robo3D, a fast growing U.S.-based company that designs and markets a range of consumer-focused products in the emerging 3D printing industry.

Blue chip corporate end users associated with NASA, Intel and Qualcomm validate Robo3D’s technical capability, with sales distribution via pre-eminent retailers such as Amazon and Best Buy in the U.S.

Robo3D is experiencing strong growth across its business, generating revenue of approximately US$1.9 million in the nine months to September 2015, compared to approximately US$0.9 million over the corresponding nine month period in 2014.

Albion 3D is an investment vehicle controlled by Tony Grist, co-founder and former Chairman of Amcom Telecommunications and following its A$1.2 billion merger.

Grist is now Deputy Chairman of ASX 200 company Vocus Communications (ASX:VOC).

With completion of the Albion acquisition, Falcon is expected to change its name to i3D Technologies Limited.

Whilst the desktop/consumer printer segment is growing rapidly, there is no clear dominant brand.

As a result, investor activity is high; MakerBot a competitor to Robo3D, was acquired by Stratasys for US$600 million.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

]]>
Thu, 03 Dec 2015 16:01:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154312/falcon-minerals-soars-on-3d-printing-acquisition-65976.html
<![CDATA[News - Falcon Minerals gets ready to divulge acquisition ]]> http://www.proactiveinvestors.com.au/companies/news/154311/falcon-minerals-gets-ready-to-divulge-acquisition-65951.html Falcon Minerals (ASX:FCN) shares are in pre-open today, following the ASX granting the company a trading halt.

Falcon requested the halt pending details of an acquisition.

The company recently outlined that it is considering non-resource sector opportunities.

The halt will remain in place until the opening of trade on Friday 4th December 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

]]>
Wed, 02 Dec 2015 14:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154311/falcon-minerals-gets-ready-to-divulge-acquisition-65951.html
<![CDATA[News - Falcon Minerals heads to market ]]> http://www.proactiveinvestors.com.au/companies/news/154310/falcon-minerals-heads-to-market-63961.html Falcon Minerals (ASX:FCN) has been granted an ASX trading halt in relation to a capital raising.

The halt will last until the earlier of the announcement being made or the start of trade on Friday, 14th August 2015.

In its quarterly report, the company noted it was reviewing opportunities in the mineral sector and broadened its scope to include IT-related projects and investment.

Partner Minjar Gold intersected gold consistent with known mineralisation at the Keronima Gold Deposit.

Minjar is considering development of the deposit to provide feed to its Minjar Gold Plant.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

]]>
Wed, 12 Aug 2015 14:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154310/falcon-minerals-heads-to-market-63961.html
<![CDATA[News - Falcon Minerals takes flight as top ASX % Gainer intra-day ]]> http://www.proactiveinvestors.com.au/companies/news/154309/falcon-minerals-takes-flight-as-top-asx-gainer-intra-day-63789.html Monday’s leading ASX % Gainers intra-day.

NameCodeLastChangeVolume Falcon Minerals ASX:FCN $0.015 50% 10,394,118 GB Energy ASX:GBX $0.004 33.3% 382,949 King Solomon Mines ASX:KSO $0.004 33.3% 22,725,316 Transaction Limited ASX:TSN $0.004 33.3% 325,000 Kollakorn Corporation ASX:KKL $0.01 25% 359,286 Metminco Limited ASX:MNC $0.005 25% 220,000 Ram Resources ASX:RMR $0.005 25% 4,000,000 iCash Payment System ASX:ICP $0.059 22.9% 81,428 Elk Petroleum ASX:ELK $0.05 22% 81,084 99 Wuxian Limited ASX:NNW $0.24 20% 437,136

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

]]>
Mon, 03 Aug 2015 13:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154309/falcon-minerals-takes-flight-as-top-asx-gainer-intra-day-63789.html
<![CDATA[News - Falcon Oil & Gas: No technical reason for Hess hesitation ]]> http://www.proactiveinvestors.com.au/companies/news/154308/falcon-oil-gas-no-technical-reason-for-hess-hesitation-45115.html Falcon Oil & Gas (LON:FOG) chief executive Philip O’Quigley says there is no technical reason for Hess’s decision not to move forward with the Beetaloo Basin project in Australia.

The explorer’s shares fell 7% today after it was revealed that Hess Corp’s proposed five well drill programme would not go ahead.

In a dramatic twist to events the American giant asked for an extension to the June 28 deadline in order to conclude a farm-out with a third party described as “one of the largest oil and gas companies in the world”.

This request was rejected by Falcon, which means Hess forfeits its right to earn 62.5% in three Beetaloo permits, having invested an estimated US$80mln exploring the area.

Falcon gets to keep 100% of four permits in the basin in Australia’s Northern Territory, which the AIM and TSX-listed explorer says leaves it in a “stronger position going forward”.

The company is still very encouraged by the technical aspects of the assets.

The group’s own interpretation of seismic was completed just two weeks ago and senior staff – including chairman John Craven – have worked closely with the technical teams.

According to O’Quigley there is no technical justification for Hess’s decision not to move forward, and he understands the project had been signed off by the American firm’s teams in both Perth and Houston - before the corporate headquarters in New York stalled ahead of the deadline.

“Granting the extension wouldn’t have guaranteed anything [for Falcon] in a month’s time,” O’Quigley told Proactive Investors.

“Yes, they were talking to a very big company. Yes, they wanted that company in before they went forward. And yes, they told me that if they had the extension they’d be able to finalise a deal with that company.

“But the risk we had was we’d be in a much worse position come August if Hess looked for another extension or in fact pulled out.”

Granting Hess the extension could’ve amounted to ‘delaying the inevitable’, he added.

It is expected that Falcon will now pursue its own farm-out to bring in a new partner.

O’Quigley explains that Falcon has received unsolicited interest in the assets from four major oil companies that have actively been looking for an entry to the Beetaloo Basin.

Most of them have also had talks with Hess and have already been through its data room.

The Beetaloo basin has been identified as a potential world class conventional and unconventional play.

]]>
Tue, 02 Jul 2013 18:53:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154308/falcon-oil-gas-no-technical-reason-for-hess-hesitation-45115.html
<![CDATA[News - Falcon Minerals 60% share spike raises ASX eyebrows ]]> http://www.proactiveinvestors.com.au/companies/news/154307/falcon-minerals-60-share-spike-raises-asx-eyebrows-24401.html Falcon Minerals (ASX: FCN) is well and truly on investor radars at the moment after the company's share price spiked 60% last fortnight to $0.069 on high turnover, prompting an ASX price and volume query.

Falcon said that there is no material information that has not been released to the market which may explain the sudden investor interest.

The company though does have some very promising projects, which includes Collurabbie nickel in Western Australia and Saxby gold in north Queensland, along with greenfield interests including the Peak-Denison and Cloncurry IOCG targets, and joint ventures such as Duketon nickel gold and Wondanning gold iron.

Collurabbie is strategically located 240 kilometres north of Laverton in the Yilgarn Block, with exploration history from last decade including in 2003: WMC discovered disseminated nickel sulphides along Beta Sill; and in 2004: Massive nickel sulphides discovered at Olympia on Falcon joint venture, followed by two years of accelerated exploration including 183 DDH/RC Holes; 231 AC Holes.

Saxby is located in a highly prospective area 150 kilometres north of Cloncurry in the Carpentaria basin, which has a long and proven record of endowment.

Another interesting fact about Falcon are the major miners on the share register, which includes Xstrata with a 15% stake.

 

]]>
Mon, 23 Jan 2012 08:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154307/falcon-minerals-60-share-spike-raises-asx-eyebrows-24401.html
<![CDATA[News - Falcon Minerals drilling expands nickel-copper-PGE zone at Olympia prospect ]]> http://www.proactiveinvestors.com.au/companies/news/154306/falcon-minerals-drilling-expands-nickel-copper-pge-zone-at-olympia-prospect-17734.html Falcon Minerals (ASX: FCN) has intersected more massive nickel-copper-PGE sulphides from drilling in two holes at its wholly-owned Collurabbie Project, extending the mineralisation at the Olympia prospect.

The nine-hole, 3014 metres diamond drill program testing for southern and northern extensions to the main Olympia mineralised zone at the project, located in the Duketon greenstone belt of Western Australia, has now been completed.

Highlights in hole CLD211 include:

- 3.75 metres at 2.21% nickel (Ni), 1.82% copper (Cu) and 3.53 grams per tonne (g/t) platinum group minerals (PGE) Platinum and palladium (Pt+Pd) from 189.75 metres associated with massive to matrix sulphides; and
- 5.05 metres at 0.51% Ni, 0.37% Cu and 0.54g/t PGE (Pt+Pd) from 232.95 metres associated with disseminated sulphides.

The intersection in hole CLD211 is significant as it confirms the continuity of the main massive nickel-copper-PGE zone over a strike length of at least 100 metres to the south of the previously drill-tested mineralised zone.

In addition, the company said a moderately conductive off-hole conductor was detected in the down-hole electromagnetic (EM) survey and appears to be coincident with the mineralised horizon, with the mineralisation remaining open to the south.

The intersections from hole CLD213 indicate that massive nickel-copper-PGE sulphides are still evident some 100 metres north along strike from the main zone at Olympia.

In particular, massive nickel sulphides intersected in fractured footwall basalt in CLD213 are interpreted to be locally-derived and may immediately underlie a significant massive nickel sulphide horizon. This position remains to be drill tested.

Widespread disseminated nickel-copper-PGE sulphides were also intersected in four drill holes at the Spartacus Prospect located 4 kilometres to the north of Olympia.

Further work will be conducted to examine the potential for a large, bulk tonnage low-grade Ni-Cu-PGE deposit at the Spartacus Prospect, and will include the Troy Prospect immediately to the north, which is largely untested.

]]>
Fri, 08 Jul 2011 14:34:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154306/falcon-minerals-drilling-expands-nickel-copper-pge-zone-at-olympia-prospect-17734.html
<![CDATA[News - Falcon Minerals targets nickel, copper and platinum at Collurabbie ]]> http://www.proactiveinvestors.com.au/companies/news/154305/falcon-minerals-targets-nickel-copper-and-platinum-at-collurabbie-15329.html Falcon Minerals (ASX: FCN) has targeted nickel, copper and platinum at the company’s wholly-owned Collurabbie Nickel-Copper-PGE Project in Western Australia.

The company plans to drill 10 diamond drill holes over 4,000 metres several targets at the Spartacus Prospect, and two more holes to test mineralisation extensions at the Olympia Prospect.

A recent electromagnetic survey has collected data on 13 lines. Four highly conductive zones have been identified over a strike of 2 kilometres at Spartacus.

Falcon expects drilling to last six weeks with results soon after the completion of drilling.

Late last year Falcon intersected mineralisation at Collurabbie.

Highlights include:

 - 2 metres at 0.96% nickel, 1.25% copper and 3.49 grams per tonne (g/t) PGE from 143 metres; and
 - 6.79 metres at 0.35% nickel, 0.24% copper and 0.51 g/t PGE from 163.9 metres.

Six diamond drill holes at the project identified mineralisation for a total of 1,375 metres with downhole electromagnetic surveying also carried out on five of the drill holes, aimed to test for significant conductors associated with massive nickel sulphides.

Collurabbie is located 250 kilometres north-northeast of Leonora, Western Australia.

 

]]>
Fri, 08 Apr 2011 08:19:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154305/falcon-minerals-targets-nickel-copper-and-platinum-at-collurabbie-15329.html
<![CDATA[News - Falcon Minerals upgrades high grade gold hits from Saxby ]]> http://www.proactiveinvestors.com.au/companies/news/154304/falcon-minerals-upgrades-high-grade-gold-hits-from-saxby-12999.html Following re-assaying, a high grade gold intersection from the Falcon Minerals (ASX: FCN) Saxby project have been upgraded.

The intercept is now; 15 metres at 9.09 grams per tonne (g/t) gold from 701 metres including 8 metres at 15.09 g/t gold.

This represents a very positive increase from the initial; 14 metres at 4.61 g/t gold and 6.22 g/t silver.

The intersection formed part of a 5 hold diamond drilling program completed in August 2010, targeting gold mineralised structures away from previous AngloAmerican drill hole that intersected; 17 metres at 6.75g/t gold from 631 metres.

High-grade gold mineralisation has now been intersected over a strike length of over 250 metres, with Falcon saying mineralisation is open in all directions.

The Saxby project, located in Queensland, is Falcon 49% and AngloGold Ashanti Australia Ltd 51%, earning up to 70%.

 

]]>
Wed, 12 Jan 2011 12:57:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154304/falcon-minerals-upgrades-high-grade-gold-hits-from-saxby-12999.html
<![CDATA[News - Falcon Minerals hits further massive nickel-copper-PGE sulphides at Collurabbie ]]> http://www.proactiveinvestors.com.au/companies/news/154303/falcon-minerals-hits-further-massive-nickel-copper-pge-sulphides-at-collurabbie-12056.html A new massive nickel-copper-PGE sulphide mineralisation has been identified by Falcon Minerals (ASX: FCN) at the Collurabbie nickel-copper-PGE Project, located in the Duketon greenstone belt of Western Australia.

Intersection highlights include:

- 2m at 0.96% nickel, 1.25% copper and 3.49g/t PGE (Pt+Pd) from 143m; and
- 6.79m at 0.34% nickel, 0.24% copper and 0.51g/t PGE (Pt+Pd) from 163.9m.

The mineralisation was identified from a further six diamond drill holes for a total of 1357 metres, with down-hole electro-magnetic surveying also carried out on five of the drill holes, aimed at testing for significant conductors associated with massive nickel sulphides.

At least 6 prospects have been highlighted and will be the subject of vigorous drill testing commencing in early 2011.

 

]]>
Fri, 26 Nov 2010 13:41:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154303/falcon-minerals-hits-further-massive-nickel-copper-pge-sulphides-at-collurabbie-12056.html
<![CDATA[News - Falcon Minerals hits more high grade gold at Saxby JV with AngloGold Ashanti ]]> http://www.proactiveinvestors.com.au/companies/news/154302/falcon-minerals-hits-more-high-grade-gold-at-saxby-jv-with-anglogold-ashanti-11424.html Falcon Minerals (ASX: FCN) has hit more high grade gold intersections from its Saxby JV Project with AngloGold Ashanti Australia (ASX: AGG), located in the Cloncurry region of north-western Queensland.

Further drilling is required, but Falcon considers these results provide potential for a major tier 1 gold deposit.

Drilling highlights include:

- 14.0m at 4.63 g/t gold from 701m, including 10.0 m @ 6.13 g/t gold; and
- 3.0m at 2.82 g/t gold from 747m.

Falcon said a strong hydrothermal alteration was intersected over a broader enveloping zone from 660m to 715m, indicating that the gold rich zones form part of a larger mineralising system.

The joint venture is Falcon (49%) and AngloGold (51% earning 70%).

 

]]>
Thu, 04 Nov 2010 15:06:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154302/falcon-minerals-hits-more-high-grade-gold-at-saxby-jv-with-anglogold-ashanti-11424.html
<![CDATA[News - Falcon Minerals intersects massive nickel copper sulphides in WA ]]> http://www.proactiveinvestors.com.au/companies/news/154301/falcon-minerals-intersects-massive-nickel-copper-sulphides-in-wa-7638.html Perth-based Falcon Minerals (ASX: FCN) has intersected further massive and matrix-textured nickel copper sulphide zones up to 3.71 metres wide at its wholly-owned Collurabbie Project in the Duketon greenstone belt of Western Australia.

Diamond drilling commenced in May 2010 at the Olympia Prospect in drillholes CLD195, CLD196, CLD197, CLD198, CLD199, CLD201 and CLD202.

The company said the aim of the programme is to better define the strike extent and test the continuity of massive nickel-copper-PGE sulphide lenses intersected in previous drilling by Western Mining Corporation (WMC).

Interestingly, previous drilling by WMC at the Olympia Prospect in 2004, intersected massive nickel-copper-platinum group sulphides on four 100m-spaced traverses - with a best result of 5.77m @ 3.00% Ni, 1.96% Cu and 5.29g/t PGE from 279.43m in CLD159.

Richard Diermajer, managing director, said the results indicate good continuity of Ni-Cu mineralisation between holes and over a strike length of at least 300m. The mineralisation remains open to the north and south of 7026100N and 7026800N respectively.

Preliminary on-site analysis using a portable NITON XRF device has confirmed the nickel-copperbearing nature of the massive sulphide horizon.

Falcon said drill samples are currently being prepared and are being sent to ALS laboratories in Perth for analysis by ICP-AES and Fire Assay methods. Assay results are pending.

A geophysical crew will shortly be arriving on-site to conduct downhole electro-magnetic (EM) logging in order to identify possible conductors associated with additional massive Ni-Cu-PGE sulphide mineralisation away from the current diamond drill holes.

Falcon is looking for further massive Ni-Cu-PGE sulphide discoveries and to test the potential of the Collurabbie belt with exploratory drill holes.

]]>
Thu, 03 Jun 2010 14:08:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154301/falcon-minerals-intersects-massive-nickel-copper-sulphides-in-wa-7638.html
<![CDATA[News - Falcon Minerals completes capital raising for Nickel-Copper-PGE Collurabbie Project, WA ]]> http://www.proactiveinvestors.com.au/companies/news/154300/falcon-minerals-completes-capital-raising-for-nickel-copper-pge-collurabbie-project-wa-5642.html Falcon Minerals (ASX: FCN) has announced the completion of a successful capital raising through Bell Potter Securities Ltd to provide funds to fast track exploration activities on its 100% owned Nickel-Copper-PGE Collurabbie Project in Western Australia.

The fund raising has been offered to institutional and sophisticated investors via a placement of approximately 21 million shares at $0.19 per share to raise $4 million under listing Rule 7.1.

The raising which is the maximum under the company's 15% capacity will be applied towards drilling campaigns at the Collurabbie Project, the first of which is scheduled to commence late April 2010.

]]>
Mon, 15 Mar 2010 06:29:00 +1100 http://www.proactiveinvestors.com.au/companies/news/154300/falcon-minerals-completes-capital-raising-for-nickel-copper-pge-collurabbie-project-wa-5642.html
<![CDATA[News - Falcon Minerals gains AngloGold Ashanti Australia as Saxby JV partner ]]> http://www.proactiveinvestors.com.au/companies/news/154299/falcon-minerals-gains-anglogold-ashanti-australia-as-saxby-jv-partner-2243.html Falcon Minerals (ASX: FCN) has reported that joint venture partner Anglo American Exploration (Australia) Pty Ltd (AAE) has assigned its interest in the Saxby Joint Venture to AngloGold Ashanti Australia Limited (AGAA).

The Saxby project is located in the Mt Isa Inlier approximately 150km northeast of Cloncurry in North West Queensland.

In January 2009, there was excitement as Falcon announced a very significant high grade gold intersection in diamond drill hole SXDD005 consisting of 17m @ 6.75g/t gold from 631m to 648m;.  This included 5m @ 19.30g/t from 635m to 640m and 1.3m @ 67.23g/t gold from 636.7m to 638m (with copper up to 1198ppm). 

The switch to AngloGold Ashanti (AGAA) should not be an issue, in fact more likely that AGAA would be a better fit.  AGAA is a South African based leading gold producer with 21 mining operations and a number of exploration projects worldwide.

AGAA will assume all of AAE’s obligations under the Saxby Joint Venture Agreement by holding a 51% interest (FCN 49%) with the right to earn an additional 19% when total expenditure of AUD$7 million has been incurred on the project area prior to December 20th, 2013.

The gold mineralisation in SXDD005 is associated with extensive wall rock magnetitehaematite-pyrite alteration and has the potential to represent a large iron-oxide-copper-gold (IOCG) system.

Even more interesting, the hole was drilled to test the southern end of a pronounced bedrock conductor which remains untested for a further 7 kilometres to the northeast and southwest of the above gold intercept.

]]>
Thu, 13 Aug 2009 13:46:00 +1000 http://www.proactiveinvestors.com.au/companies/news/154299/falcon-minerals-gains-anglogold-ashanti-australia-as-saxby-jv-partner-2243.html