Gippsland Limited (ASX: GIP, FRA: GIX) reports Noah’s Rule, Risk and Financial Advisor has been appointed to help raise funds and financial structuring of the company. Noah’s Rule team of banking, treasury and industry trained professionals, which has worked with a broad range of highly successful resource companies both within Australian and overseas, is well [...]
Gippsland (ASX: GIP, FRA: GIX) reports firm commitments from clients of Patersons Securities Ltd for the placement of 80 million fully paid ordinary shares at $0.04 per share to raise $3.2 million. The proceeds will be used to progress its flagship 44.5 million tonne Abu Dabbab Tantalum-Tin-Feldspar Project in Egypt and for working capital. For complete news [...]
Gippsland Ltd (ASX:GIP, FRA:GIX) reports it has resigned from TIC with immediate effect. Since January 9, more than nine(9) prominent companies involved in the tantalum industry have resigned from the TIC. For complete news release, click here. For Gippsland’s company profile, click here.
Gippsland Ltd (ASX:GIP, FRA:GIX) reports a market and the Abu Dabbab tantalum project update. Gippsland has an Offtake Agreement with the German tantalum refiner HC Starck GmbH, whereby HC Stark has contracted to purchase 600,000 pounds a year of Abu Dabbab tantalum (in the form of tanalum peantoxide for a period of 10 years. [...]
Gippsland Limited (ASX: GIP, FRA: GIX) reports that it has began an independent geological consultant to prepare a Mineral Resources and Ore Reserves Report to its Abu Dabbab and Nuweibi tantalum deposits, Egypt. While the Australian JORC Code classification is accepted worldwide, the North American market is in general more familiar with, and tends to rely more [...]
Friday, October 15, 2010