Archer Exploration is pleased to report on its activities for the three month period ending 30 June 2016. Highlights: - Oversubscribed Share Purchase Plan successfully completed - $2.034m raised. Closing date to apply for free attaching options is 2 August 2016. - Heads of Agreement signed with Bowmans Intermodal to investigate the potential for [...]
Archer Exploration is pleased to advise that the Share Purchase Plan (SPP) which closed on 7 June 2016, was heavily oversubscribed, with the Company receiving valid applications for $2,239,000 from 361 shareholders. This represents $204,644 above the maximum allowable under the ASX Listing Rules, which is 30% of the Company's share capital. In [...]
Archer Exploration advises shareholders that the opportunity to purchase Archer shares at a price of $0.08 per share (a 19.19% discount to yesterday's closing price on ASX) under the company's Share Purchase Plan (SPP) closes at 5pm (Adelaide time) on Tuesday, 7 June 2016. Key points: - Opportunity to purchase Archer shares at discount to current [...]
Battery grade graphite and magnesite developer, Archer Exploration has expanded its lithium prospective holdings on South Australia's Eyre Peninsula with the acquisition of additional acreage hosting lithium prospective pegmatite rocks. Highlights: - New lithium prospective tenement on Eyre Peninsula acquired along strike of historic spodumene [...]
Archer Exploration and Bowmans Intermodal Pty Ltd have signed a heads of agreement to identify opportunities to jointly progress the development of rail infrastructure at Leigh Creek to support Archer's Leigh Creek Magnesite Project and a possible Bowmans Leigh Creek Intermodal Facility. Bowmans is a joint venture between Toll Group and Balco and [...]
Archer Exploration has identified multiple occurrences of outcropping pegmatite on the Company's Eyre Peninsula Project which hosts the Company's Campoona battery grade graphite project. The tenement area also contains extensive outcropping pegmatite veins with tourmaline and associated tin mineralisation and historic spodumene occurrences reported [...]
Adelaide, Australia (ABN Newswire) - On behalf of the Board of Archer Exploration Ltd. (ASX:AXE), I am pleased to offer Eligible Shareholders with the opportunity to subscribe for up to $15,000 of new fully paid ordinary shares in the Company (New Shares), free of brokerage and commission, under a Share Purchase Plan (SPP or Plan). Eligible [...]
Archer Exploratio is pleased to announce that the Exploration Development Incentive Scheme (EDI) Credits - 2015/2016 Entitlement Statement (Statement) has been sent to all Eligible Shareholders. The Company advises that $162,441 EDI credits have now been distributed to Eligible Shareholders on a pro rata basis, which equates to 0.1916 cents per [...]
The board of Archer Exploration is pleased to announce: - A Share Purchase Plan of up to $0.5 million to be offered to all eligible shareholders at a price of 8.0 cents per new share. Eligible shareholders will be also be entitled to receive one free attaching unlisted option for every one new Share subscribed for under the SPP. Each unlisted [...]
Archer Exploration are pleased to provide the Company's Quarterly Activities Report for March 2016. MARCH 2016 QUARTER HIGHLIGHTS Graphite - Campoona Mining Lease Proposal amended to include small-scale start-up operation to allow for product accreditation phase and the incorporation of the production of graphene - MLP available for lodging May [...]
Archer Exploration are pleased to provide the Company's latest Investor Presentation. Key investment takeaways: Emerging Industrial Minerals Producer - Cryptocrystalline magnesite has superior physical and chemical characteristics enabling the production of high value magnesia products - Management has extensive magnesite marketing expertise [...]
