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New Energy Minerals Ltd (NXE.AX)

NXE.AX on Australia Stock Exchange

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20 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Fura Provides Update On Ruby Transaction In Mozambique
Saturday, 29 Jun 2019 

June 28 (Reuters) - Fura Gems Inc ::ANNOUNCES EXTENSION OF DROP DEAD DATE FOR CLOSING OF MERGER OF RUBY ASSETS AGREEMENT DATED JULY 14, 2018, AS AMENDED.FURA PROVIDES UPDATE ON RUBY TRANSACTION IN MOZAMBIQUE.FURA GEMS -IN ACCORDANCE TO MRAA,ON JUNE 28, CO GAVE NEW ENERGY MINERALS WRITTEN NOTICE TO EXTEND DROP-DEAD DATE OF MRAA FROM JUNE 30 TO JULY 31, 2019.  Full Article

New Energy Minerals Says Christiaan Jordaan Appointed As Full-Time Managing Director
Wednesday, 12 Jun 2019 

June 12 (Reuters) - New Energy Minerals Ltd ::CHRISTIAAN JORDAAN HAS BEEN APPOINTED AS FULL-TIME MANAGING DIRECTOR.BERNARD OLIVIER HAS STEPPED DOWN AS MANAGING DIRECTOR OF NEW ENERGY MINERALS LIMITED.  Full Article

Fura Provides Update On Ruby Transaction In Mozambique
Thursday, 30 May 2019 

May 29 (Reuters) - Fura Gems Inc ::FURA PROVIDES UPDATE ON RUBY TRANSACTION IN MOZAMBIQUE.ANNOUNCES EXTENSION OF DROP DEAD DATE FOR CLOSING OF MERGER OF RUBY ASSETS AGREEMENT DATED JULY 14, 2018.ON MAY 28, 2019, CO GAVE NEW ENERGY MINERALS LTD WRITTEN NOTICE TO EXTEND DROP-DEAD DATE OF MRAA FROM MAY 31, 2019 TO JUNE 30, 2019.  Full Article

New Energy Minerals Signs Deal To Sell Remaining 50 Pct Of Balama Resources
Friday, 8 Feb 2019 

Feb 8 (Reuters) - New Energy Minerals Ltd ::AGREEMENT TO SELL REMAINING 50% OF BALAMA RESOURCES PTY LTD.DEAL FOR AUS$7 MILLION.ON COMPLETION, AUSPICIOUS VIRTUE INVESTMENT WILL BE SOLE SHAREHOLDER OF BALAMA.SIGNS DEAL TO SELL REMAINING 50% OF BALAMA RESOURCES TO AUSPICIOUS VIRTUE INVESTMENT HOLDING.AS PART OF DEAL CO TO CONDUCT CAPITAL REDUCTION FOR SHAREHOLDERS, OF NOT LESS THAN 60% OF PURCHASE PRICE LESS COSTS INCURRED.  Full Article

New Energy Minerals Announces Amendment To Fura Gems Merger Of Ruby Assets Agreement
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - New Energy Minerals Ltd ::ANNOUNCES THAT TERMS OF MERGER OF RUBY ASSETS AGREEMENT WITH FURA GEMS INC HAVE BEEN AMENDED.UNDER TERMS OF AMENDING AGREEMENT, CONSIDERATION PAYABLE TO NEW ENERGY UPON CLOSING OF DEAL WILL NOW BE A$2.8 MILLION IN CASH.CONCURRENTLY WITH AMENDING AGREEMENT, NEW ENERGY ALSO ENTERED INTO LOAN AGREEMENT WITH FURA FOR A$2.8 MLN.  Full Article

Mustang Resources Says To Merge Its Ruby Interests With Fura Gems Inc For $10 Mln In Fura Shares
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Mustang Resources Ltd ::AGREES TO MERGE ALL ITS RUBY INTERESTS WITH FURA GEMS INC FOR $10 MILLION IN FURA SHARES.  Full Article

Mustang Resources Secures $19.95 Mln Funding From Investor
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Mustang Resources Ltd ::MUSTANG SECURES $19.95M FUNDING FROM INSTITUTIONAL INVESTOR.‍CO WILL ALSO BE OFFERING SHAREHOLDERS 1:5 NON - RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO A$4 MILLION AT 2.6 CENTS PER SHARE​.  Full Article

Mustang Resources ‍says Christiaan Jordaan resigns as managing director​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Mustang Resources Ltd :‍Christiaan Jordaan has resigned as managing director​.‍Ian Daymond becomes interim executive chairman until a new managing director is appointed​.  Full Article

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