Energio has been welcomed back to ASX after complying with the Listing Rules to change the company's strategic focus. Anticipation is building as assays continue to be announced from Agbaja - which has an exploration target of 1-2Bt of iron ore.
Energio (ASX: EIO) has multiple wholly owned large scale exploration projects in Nigeria. The company is focused on the exploration and development of its priority project, the Agbaja Plateau iron ore project.
The granted licence areas for exploration are situated in Kogi State which is part of the central region of Nigeria. Kogi State is home to the largest iron and steel factory in Nigeria. Close proximity of the licences to existing rail, road and power infrastructure provides potential advantages in reduced capital expenditure and allows fast track project development.
14/03/2012
Energio has been welcomed back to ASX after complying with the Listing Rules to change the company's strategic focus. Anticipation is building as assays continue to be announced from Agbaja - which has an exploration target of 1-2Bt of iron ore.
06/02/2012
Energio continues to prove up the potential of its Agbaja Iron Ore Exploration Project in Nigeria as it moves closer to a maiden JORC Resource. A third batch of assays show grades of up to 55%, confirming the consistency of the grade and thickness compared with previous results.
19/01/2012
Energio is already making progress at the 1-2 billion tonne Agbaja project, with drilling results returning good grades and a maiden JORC Resource about to get underway.
15/11/2011
Energio is ringing in positive change as it goes in search of a major iron ore bounty in Nigeria, with an Exploration Target of over 1 billion tonnes of iron ore with proximity to infrastructure.
05/06/12
Energio continues to build strong case for Agbaja Iron Ore project in Nigeria09/05/12
Energio accelerates exploration at Agbaja, delivers more high grade iron of above 54%03/05/12
Energio builds strong case for Agbaja Project with more DSO potential iron grades02/05/12
Energio well supported by market in new role as iron ore explorer, shares up 17.5% since relisting20/04/12
Energio appoints Matrix Metals director to its boardNo documents available.
No documents available.
Mr Nathan Taylor B.Com LLB
Non Executive Chairman
Mr Taylor is Co Head of Equity Capital Markets at StoneBridge Securities Limited, a boutique stockbroker headquartered in Sydney.
Prior joining StoneBridge in late 2008, Mr Taylor worked within the UBS Equity Capital Markets team and prior to this within the Macquarie Bank Equity Capital Markets team.
Throughout his investment banking career, Mr Taylor has been involved in raising over A$6bn for ASX listed companies in the resources and related sectors and over A$10bn for other ASX listed companies.
Prior to working for Macquarie Bank, Mr Taylor worked as a corporate lawyer for Blake Dawson where he was involved in conducting due diligence and structuring a large number of regulated and unregulated M&A transactions.
Dr Ian Burston
Non Executive Director
Dr Burston has more than 30 years of top level experience in Western Australian and international iron ore mining and export sales. He has held executive management and Board positions with some of WA’s largest and most successful mining operations.
Dr. Burston presently serves on the board of a number of iron ore companies including Fortescue Metals Group Limited, Cape Lambert Iron Ore and African Iron Limited. Dr Burston is also involved in a number of mining services companies including Imdex Ltd and NRW Holdings.
During his career, he has developed several multi-million tonnes per year exporting operations with outstanding track records in maximising production, transport efficiencies and project development.
He has also held major roles in industry associations and local government. He was awarded Citizen of the Year (Industry and Commerce) 1992, Member of the Order of Australia (General Division) 1993, and Honorary Doctor of Science (Curtin) 1995. He is a Fellow of the Institute of Engineers of Australia, the Institute of Mining and Metallurgy and the Institute of Company Directors.
Mr Don Carrol
Non Executive Director
Mr Don Carroll has been appointed as the Non-Executive Director. Mr Carroll is a former executive with BHP Billiton with over 30 years of experience in the mining industry, principally overseas in Asia, the United States and West Africa.
During this time he was responsible for the early development of the Kalimantan coal projects, the marketing of minerals in Asia, including China, and was the President for BHP Billiton in Japan and India. He was also the CEO for the Guinea Alumina project in West Africa.
He holds a Bachelor degree in Mining Engineering from Sydney University, is a member of the Australian Institute of Mining and Metallurgy and the Institute of Company Directors.
Mr Kevin Joseph
Non Executive Director
Mr Joseph has extensive experience in Nigeria and the West African region. A 17 year resident of Nigeria, he has invaluable in-country relationships.
Mr Joseph is a former Executive Director of Operations for OANDO Petroleum, one of two major local marketers of petroleum in Nigeria, where he headed up Supply Chain Development in the West African Region, with Executive responsibility for new business development.
Mr Athan Lekkas
Non Executive Director
Mr Lekkas has participated in a broad range of business and corporate advisory transactions and projects for a diverse range of ASX listed and unlisted companies, including the banking, mining and corporate finance industries in Australia and abroad. He is experienced particularly in the treasury and financial market sectors including financial feasibility studies for the provision of debt or equity for project funding.
Athan has more recently focused and specialised on the restructure and recapitalisation of a wide range of ASX listed companies with a specific focus in the resource sectors and currently serves as Director for ASX listed Pan Asia Corporation (PZC)
Athan is also a Director and Head of Corporate Finance for "Soaring Securities Pty Ltd" a boutique stock broking firm, and is also an associate member of the AICD.
No info available.
In Person:
C\- FJH Solutions
21 Teddington Road
Burswood WA 6100
Australia
By Mail:
C\- FJH Solutions
PO Box 6918
East Perth WA 6892
Australia
By Phone:
(02) 8336 7440 within Australia
+61 2 8336 7440 from overseas
By Fax:
(08) 9355 4580 within Australia
+61 8 9355 4580 from overseas
Email:
Email: info@energio.net.au
Website:
Website: http://www.energio.net.au
No info available.