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EUZ Europa Metals Ltd

1.15
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Europa Metals Ltd LSE:EUZ London Ordinary Share AU0000090060 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.15 1.10 1.20 1.15 1.15 1.15 75,000 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -3.38M -0.0359 -0.32 1.08M

Ferrum Crescent Ltd Update re Moonlight Project's BFS Phase I (1481U)

16/01/2017 7:00am

UK Regulatory


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TIDMFCR

RNS Number : 1481U

Ferrum Crescent Ltd

16 January 2017

16 January 2017

Ferrum Crescent Limited

("Ferrum Crescent", the "Company" or the "Group")(ASX, AIM, JSE: FCR)

Update re Moonlight Project's BFS Phase I

Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that, with regard to the farm-in and joint venture agreement (the "Agreement") with Business Venture Investments No. 1709 (Proprietary) Limited ("BVI"), first announced on 14 October 2015, for the production of a bankable feasibility study ("BFS") for the Company's Moonlight Iron Project in Limpopo Province, northern South Africa (the "Moonlight Project"), BVI has not completed Phase I of the BFS in accordance with the terms of the Agreement and the extended deadline of 12 January 2017.

The Company, while reserving its rights under the Agreement, is in ongoing discussions with BVI and is considering its options in relation to the potential development of the Moonlight Project. The Company will keep the market informed of material developments going forward as appropriate.

For further information on the Company, please visit www.ferrumcrescent.com or contact:

Ferrum Crescent Limited

Justin Tooth, Executive Chairman

   Grant Button, Director and Company Secretary        T: +61 8 9474 2995 

UK enquiries:

   Laurence Read (UK representative)                           T: +44 7557 672 432 

Strand Hanson Limited (Nominated Adviser)

   Rory Murphy/Matthew Chandler                                 T: +44 (0)20 7409 3494 

Beaufort Securities Limited (Broker)

   Elliot Hance                                                                 T: +44 (0)20 7382 8300 

Bravura Capital (Pty) Ltd (JSE Sponsor)

Doné Hattingh T (direct): +27 11 459 5037

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

UPDBJMBTMBJBBRR

(END) Dow Jones Newswires

January 16, 2017 02:00 ET (07:00 GMT)

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