Company Overview and News
Heron Resources is buoyant about the spike in zinc prices as it advances development of the Woodlawn project in New South Wales.
Heron Resources will use Glencore’s IsaMill technology at its Woodlawn zinc-copper project in New South Wales.
A disused mine is set to reopen outside of Goulburn to Canberra's north as mineral prices for zinc reach a ten-year high.
(Editor's Note: Investors should be minful of the risks of transacting in securities with limited liquidity, such as ARRRF. Ardea Resources listing in Australia, ARL.ASX, offers stronger liquidity.)
Heron Resources Limited (ASX:HRR)(TSX:HER) ("Heron" or the "Company") is pleased to announce that it has filed and obtained a receipt for a preliminary short form prospectus (the "Preliminary Prospectus") with the Ontario Securities Commission, pursuant to which the Company proposes to qualify the exercise of 39,285,715 Subscription Receipts as announced on August 1, 2017. A copy of the Preliminary Prospectus is available under the Company's profile at www.
Heron Resources Limited (ASX:HRR)(TSX:HER) ("Heron" or the "Company") announces the closing of the North American tranche of the Institutional Placement noted in the Company's press release of 30 June 2017 (the "Financing Announcement"). A total of 39,285,715 subscription receipts of the Company (the "Subscription Receipts") were sold at a price of C$0.07 per Subscription Receipt for gross proceeds of C$2,750,000.
Despite the surge in the metal, many mining stocks are still consolidating and range-bound, seemingly unaware of the good news.
LONDON, UK / ACCESSWIRE / July 10, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Metals & Mining industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Heron Resources, Wellgreen Platinum, Continental Gold, and Golden Star Resources.
The GDXJ re-balance is most likely not at fault if your favorite mining stock has sold off recently. More data on the topic to come in this week's Resource Sector Digest.
GUERNSEY, CHANNEL ISLANDS--(Marketwired - July 4, 2017) - Greenstone Resources L.P. is pleased to announce that its affiliate and nominee, Greenstone Management (Delaware) LLC, acing in its capacity as general partner of Greenstone HRR Holdings II L.P., ("Greenstone") has agreed to subscribe for an aggregate of 398,496,241 common shares of Heron Resources Limited ("Heron"), at a price per common share of Cdn$0.
Heron Resources Limited (ASX:HRR)(TSX:HER) ("Heron" or the "Company") is pleased to announce that it has secured the full A$240(3) million funding package required for the construction and ramp-up of its 100% owned Woodlawn Zinc-Copper Project ("Woodlawn"), located in New South Wales, Australia.
Aspiring miner Heron Resources has tapped investors for about $240 million and says it is now fully funded to develop its Woodlawn zinc-copper project in NSW.
Heron Resources (ASX:HRR) has been granted a trading halt by the ASX, pending details of a financing transaction.
Cautionary Statement: Please see Risk Factors in Heron's annual information form and other disclosure documents, which are available under the issuer profile on SEDAR of Heron Resources Limited at www.sedar.com.
Note: This article was first published on my SA Marketplace service on May 16, 2017, so the stock prices and data are as of that date.
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