Macarthur Minerals Ltd. is pleased to announce that the Initial Public Offering of its spin-out company, Infinity Mining Ltd. has now closed. The IPO offer opened on 5 November 2021 and closed oversubscribed on 19 November 2021 under its Prospectus dated 28 October 2021. Key points Under the offer, the Company intended to raise between $7 million [...]
Macarthur Minerals Ltd. is pleased to announce that the Offer to subscribe for shares in the IPO of Infinity Mining Ltd. opened on 5 November 2021. The prospectus can be downloaded from the Infinity website here: www.infinitymining.com.au. Macarthur Australia Limited, a subsidiary of Macarthur, as the majority shareholder, will work closely with [...]
Macarthur Minerals Ltd. is pleased to announce the appointment of RSM Australia Partners to act as Auditor of the Company as approved by shareholders effective from the Annual General Meeting held on 27 October 2021. RSM Australia is one of Australia's leading professional services firms, with a national footprint and more than 35 offices across [...]
Macarthur Minerals Ltd. is holding its 2021 Annual General Meeting today. Attached is a copy of the Chairman's address. On behalf of the Board of Directors, Mr Cameron McCall, Chairman For more information please contact: Joe Phillips Managing Director +61 7 3221 1796 communications@macarthurminerals.com Investor Relations - Australia Investor [...]
Macarthur Minerals Ltd. is pleased to announce that all resolutions were passed at the Annual General Meeting of the Company held today in Brisbane, Australia. Resolution 10, Approval of 10% Placement Facility was a Special Resolution which passed with the requisite 75% majority. The results in respect of each of the resolution put to shareholders [...]
Macarthur Minerals Ltd. is pleased to announce that on 18 October 2021, Infinity Mining Ltd. entered into a Sale and Purchase Agreement with Zanil Pty Ltd and Alec Charles Pointon to acquire 100% of the Central Goldfields Tenements detailed in the table below, situated in and around the Leonora region, approximately ~220 km north of Kalgoorlie in [...]
Macarthur Minerals Ltd. would like to remind its shareholders to vote at the upcoming Annual General Meeting of the shareholders of Macarthur Minerals Ltd. to be held on Wednesday, October 27, 2021, at 10.00am Australian Eastern Standard Time . Annual General Meeting Reminder The health and wellbeing of our shareholders is of paramount importance [...]
Macarthur Minerals Ltd. is pleased to announce that it has closed its fundraising for Infinity Mining Limited for A$1.5 million prior to its intended Initial Public Offering on the Australian Securities Exchange . Infinity has completed a short but detailed programme of soil sampling over the Hillside tenements recently, to inform and support drill [...]
Macarthur Minerals Ltd. is pleased to provide an update on the steady progress being made on the Feasibility Study for its high-grade magnetite Lake Giles Iron Project. The mine planning work for the Feasibility Study is advancing, with the geotechnical drill programme of work almost complete. The drill core from the programme is required to [...]
Macarthur Minerals Ltd. is pleased to provide an update on the solid progress being made on the Feasibility Study for its high-grade magnetite Lake Giles Iron Project. An extensive body of work has been undertaken on rail and port logistics which will result in the completion of a concept plan of operations that can ensure that Macarthur achieves [...]
Macarthur Minerals Ltd. is pleased to provide an update on the solid progress being made on the Feasibility Study for its high-grade magnetite Lake Giles Iron Project. The metallurgical process test work and the non-process infrastructure design for the Feasibility Study is complex but has now moved past 60% design completion. The balance of the [...]
Macarthur Minerals Ltd. is pleased to announce that it has secured access to 190 half height shipping containers to support DSO rail haulage services to Kwinana Bulk Terminal . Macarthur has a confirmed reservation of access to sufficient half height shipping containers with Seaco Australia Pty Ltd to support rail capacity under a recently [...]