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Emmerson Resources Ltd

Emmerson Resources completes $1 million second tranche placement, expands gold royalty funding

Emmerson Resources Limited (ASX:ERM) managing director Rob Bills updates Proactive Investors on the company's $1 million share placement with joint venture partner Territory Resources at 10.35 cents a share.
 
The placement finalises conditions of the companies' exploration earn-in joint venture and the small mines joint venture agreements. 
 
Bills also notes the addition of further gold royalty payment funding, to further exploration success at Mauritania.

Quick facts: Emmerson Resources Ltd

Price: $0.13

Market: ASX
Market Cap: $55.23 m
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Emmerson Resources finalises sale of Warrego Mill

Emmerson Resources (ASX:ERM) managing director Rob Bills updates Proactive Investors finalising the sale of the Warrego Mill in the Northern Territory.   Final payment from Territory Resources of $300,000 wraps up the sale and transfer of the mill and mining...

on 4/7/19

2 min read