Proactiveinvestors Australia African Battery Metals Plc https://www.proactiveinvestors.com.au Proactiveinvestors Australia African Battery Metals Plc RSS feed en Tue, 18 Jun 2019 10:54:54 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Director/PCA Dealings ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190613105131_14109805/ Thu, 13 Jun 2019 19:51:31 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190613105131_14109805/ <![CDATA[RNS press release - Director Dealing ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190612181812_14108854/ Thu, 13 Jun 2019 03:18:12 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190612181812_14108854/ <![CDATA[RNS press release - Director Dealing ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190612125543_14108497/ Wed, 12 Jun 2019 21:55:43 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190612125543_14108497/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190611093921_14106372/ Tue, 11 Jun 2019 18:39:21 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190611093921_14106372/ <![CDATA[RNS press release - Kisinka Project - 7 km Copper Anomaly Identified ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190607091128_14102908/ Fri, 07 Jun 2019 18:11:28 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190607091128_14102908/ <![CDATA[RNS press release - Haneti Nickel project - Exploration Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190521092253_14081643/ Tue, 21 May 2019 18:22:53 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190521092253_14081643/ <![CDATA[RNS press release - Cameroon Cobalt-Nickel Project Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190520114351_14080308/ Mon, 20 May 2019 20:43:51 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190520114351_14080308/ <![CDATA[RNS press release - Kisinka Project Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190517070003_14077663/ Fri, 17 May 2019 16:00:03 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190517070003_14077663/ <![CDATA[RNS press release - Investment and Option Agreement with Katoro Gold ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190515143001_14075333/ Wed, 15 May 2019 23:30:01 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190515143001_14075333/ <![CDATA[RNS press release - Acquisition and Earn-in Agreement ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190513070004_14070634/ Mon, 13 May 2019 16:00:04 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190513070004_14070634/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190507113237_14064828/ Tue, 07 May 2019 20:32:37 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190507113237_14064828/ <![CDATA[RNS press release - Kisinka Project - Operational Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190502070002_14060121/ Thu, 02 May 2019 16:00:02 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190502070002_14060121/ <![CDATA[RNS press release - Kisinka Copper-Cobalt Project Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190412095605_14039333/ Fri, 12 Apr 2019 18:56:05 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190412095605_14039333/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190403142206_14027672/ Thu, 04 Apr 2019 00:22:06 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190403142206_14027672/ <![CDATA[RNS press release - Cameroon Cobalt-Nickel Project Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190403070004_14026340/ Wed, 03 Apr 2019 17:00:04 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190403070004_14026340/ <![CDATA[RNS press release - Posting of documents to shareholders ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190401071337_14022948/ Mon, 01 Apr 2019 17:13:37 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190401071337_14022948/ <![CDATA[RNS press release - Audited Results for the Year Ended 30 Sept 2018 ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190329070006_14020426/ Fri, 29 Mar 2019 18:00:06 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190329070006_14020426/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190328164051_14020156/ Fri, 29 Mar 2019 03:40:51 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190328164051_14020156/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190328163544_14020149/ Fri, 29 Mar 2019 03:35:44 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190328163544_14020149/ <![CDATA[RNS press release - Investment and Option Agreement with Katoro Gold ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190315100003_14003936/ Fri, 15 Mar 2019 21:00:03 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190315100003_14003936/ <![CDATA[RNS press release - Kisinka Copper-Cobalt Project Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190311140005_13997673/ Tue, 12 Mar 2019 01:00:05 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190311140005_13997673/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190307110523_13994164/ Thu, 07 Mar 2019 22:05:23 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190307110523_13994164/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190307110022_13994152/ Thu, 07 Mar 2019 22:00:22 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190307110022_13994152/ <![CDATA[RNS press release - Business Update - Strategic and Operational Plan ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190306070002_13991440/ Wed, 06 Mar 2019 18:00:02 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190306070002_13991440/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190228083044_13985016/ Thu, 28 Feb 2019 19:30:44 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190228083044_13985016/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190227104827_13983663/ Wed, 27 Feb 2019 21:48:27 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190227104827_13983663/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218164112_13973277/ Tue, 19 Feb 2019 03:41:12 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218164112_13973277/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218163553_13973271/ Tue, 19 Feb 2019 03:35:53 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218163553_13973271/ <![CDATA[RNS press release - Restoration of Trading ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218073106_13972378/ Mon, 18 Feb 2019 18:31:06 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218073106_13972378/ <![CDATA[RNS press release - Restoration - African Battery Metals Plc ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218073003_13972377/ Mon, 18 Feb 2019 18:30:03 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190218073003_13972377/ <![CDATA[RNS press release - Result of GM, Director Dealing & Suspension Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190215131800_13971425/ Sat, 16 Feb 2019 00:18:00 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190215131800_13971425/ <![CDATA[RNS press release - Notice of General Meeting ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190129070009_13949558/ Tue, 29 Jan 2019 18:00:09 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190129070009_13949558/ <![CDATA[RNS press release - Conditional Refinancing & Business update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190128124049_13949009/ Mon, 28 Jan 2019 23:40:49 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20190128124049_13949009/ <![CDATA[RNS press release - Statement re. Suspension ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181211162515_13899863/ Wed, 12 Dec 2018 03:25:15 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181211162515_13899863/ <![CDATA[RNS press release - Suspension - African Battery Metals Plc ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181211160003_13899831/ Wed, 12 Dec 2018 03:00:03 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181211160003_13899831/ <![CDATA[RNS press release - Update on Exploration Activities ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181114070002_13865813/ Wed, 14 Nov 2018 18:00:02 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181114070002_13865813/ <![CDATA[RNS press release - Update on Ivory Coast Project ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181016070006_13829626/ Tue, 16 Oct 2018 17:00:06 +1100 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20181016070006_13829626/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180831070004_13773779/ Fri, 31 Aug 2018 16:00:04 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180831070004_13773779/ <![CDATA[RNS press release - Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180830070005_13772212/ Thu, 30 Aug 2018 16:00:05 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180830070005_13772212/ <![CDATA[RNS press release - Result of General Meeting ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180828130003_13770025/ Tue, 28 Aug 2018 22:00:03 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180828130003_13770025/ <![CDATA[RNS press release - Issue of Equity ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180810111758_13751563/ Fri, 10 Aug 2018 20:17:58 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180810111758_13751563/ <![CDATA[RNS press release - Acquisitions, Issue of Equity and Corporate Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180808070004_13747349/ Wed, 08 Aug 2018 16:00:04 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180808070004_13747349/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180620070003_13686126/ Wed, 20 Jun 2018 16:00:03 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180620070003_13686126/ <![CDATA[News - African Battery Metals advanced new strategy in very busy period ]]> https://www.proactiveinvestors.com.au/companies/news/199195/african-battery-metals-advanced-new-strategy-in-very-busy-period-199195.html African Battery Metals Plc (LON:ABM) has reported on six months which it described as “a very busy period” as it advanced plans to become a significant explorer, developer and ultimately producer of battery metals.

The junior mining company, formerly known as Sula Iron & Gold, was relaunched in January alongside the acquisition of a cobalt asset in the Democratic Republic of Congo (DRC) and the appointment of a team.

READ: African Battery Metals completes sampling at Kisinka

“The board, which has proven expertise in African exploration, mining and project generation, recognised the potential for a dedicated London listed vehicle, which could utilise its listing to become a significant participant in the battery metal arena through targeted project generation,” chief executive Roger Murphy said in a statement.

He added: “Since then, we have been identifying and assessing prospective opportunities in proven jurisdictions to acquire or farm into projects that, with investment and development, have the potential to re-rate quickly and increase shareholder value.”

Presently, the company’s main focus is on its Kisinka project, in the DRC, where exploration has commenced – some augur drilling has taken place and samples have been sent to lab for analysis.

A more targeted drill programme is anticipated, subject to the initial results, along with a licence wide soil sampling programme.

In terms of financial results, the newly rebooted company reported a £0.79mln loss for the period.

At the end of March, it had £6.09mln of net assets including £601,000 of cash and equivalents.

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Wed, 20 Jun 2018 07:43:00 +1000 https://www.proactiveinvestors.com.au/companies/news/199195/african-battery-metals-advanced-new-strategy-in-very-busy-period-199195.html
<![CDATA[RNS press release - Update ]]> https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180605070005_13666549/ Tue, 05 Jun 2018 16:00:05 +1000 https://www.proactiveinvestors.com.au/companies/rns/4063/LSE20180605070005_13666549/ <![CDATA[Media files - African Battery Metals initiates second tranche payment for Kisinka licence ]]> https://www.proactiveinvestors.com.au/companies/stocktube/9449/african-battery-metals-initiates-second-tranche-payment-for-kisinka-licence-9449.html Tue, 05 Jun 2018 12:08:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/9449/african-battery-metals-initiates-second-tranche-payment-for-kisinka-licence-9449.html <![CDATA[News - African Battery Metals completes soil sampling at Kisinka, contemplates further deals ]]> https://www.proactiveinvestors.com.au/companies/news/198249/african-battery-metals-completes-soil-sampling-at-kisinka-contemplates-further-deals-198249.html African Battery Metals PLC (LON:ABM) has now completed two auger programmes at its 53 square kilometre Kisinka permit in the Katanga Province of the Democratic Republic of Congo.

These collected soil samples along lines across the seven-to-eight kilometre length of the licence, which is highly prospective for cobalt and copper. 

WATCH: African Battery Metals initiates second tranche payment for Kisinka licence

A number of the resulting samples, after bagging, collation and preparation, are being sent to an independent laboratory in Johannesburg for assay. Subject to customs clearance these should be dispatched by June 15. Assay results will be announced as soon as they are available. 

This initial work on the licence, which is about 40 kilometres east of the city of Lubumbashi, will be followed up by a licence-wide sampling programme including geophysics and soil sampling to test for further anomalies in what is recognised as a highly prospective mineralised district, with seven producing cobalt/copper mines within 30km of the Licence. 

Further to the agreement with Mr Jean-Pierre Ndobo Mwamby, the Congolese vendor of Kisinka, African Battery Metals has now made over the second US$50,000 tranche of its committed US$100,000 payment to acquire 70% of the licence as per the original agreement.

The company has also continued to assess multiple opportunities within the battery metals arena, and with this workflow in hand has been unable to send geologists to the Sakania licence permit in the DRC. 

Accordingly, it has agreed to defer by six months the U$50,000 payment to the vendor Jean-Pierre Mwamby for the acquisition of the project into ABM. 

"We continue to be extremely busy in building a portfolio of projects focussed on the battery metals arena,” said chief executive Roger Murphy. 

“We will be submitting the first set of samples from Kisinka for independent analysis and are currently implementing further exploration initiatives across the licence to assist in quantifying its prospectivity. Concurrently, we have been evaluating multiple opportunities that we have both generated ourselves and been approached on.  We have a defined evaluation and investment process and hope to announce further updates on these in the near future."

 

 

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