Macarthur Minerals Ltd. is pleased to update shareholders on a very active third quarter 2020. The Company has continued its primary focus on the delivery of key infrastructure and resource outcomes with the ongoing development of the Company’s flagship, Lake Giles Iron Project . KEY THIRD QUARTER HIGHLIGHTS Macarthur Minerals successfully [...]
Macarthur Minerals Ltd. held its 2020 Annual General Meeting today. Attached are copies of the Chairman’s address and Shareholders questions and responses. On behalf of the Board of Directors, Mr Cameron McCall, Executive Chairman. For more information please contact: Joe Phillips CEO & Director +61 7 3221 1796 communications@macarthurminerals.com [...]
Macarthur Minerals Ltd. is pleased to advise that all resolutions detailed in the Notice of Annual General Meeting of the Company held today in Brisbane, Australia were passed by the requisite of majority on a show of hands. Resolution 10, Approval of 10% Placement Facility was a Special Resolution which passed with the requisite 75% majority. The [...]
Macarthur Minerals Ltd. is pleased to announce it has closed the previously announced private placement of AUD 6,249,440 million with institutional and sophisticated investors with subscriptions totalling 11,362,618 Units. Each placement unit is comprised of one New Share at a price of AUD 0.55 and one attaching whole option to acquire one fully [...]
Macarthur Minerals Ltd. would like to remind its shareholders to vote at the upcoming “hybrid” Annual General Meeting of the shareholders of Macarthur Minerals Ltd. to be held on Friday, October 30, 2020, at 10.00am Australian Eastern Standard Time . Annual General Meeting Reminder The AGM hybrid meeting will be held at the offices of HopgoodGanim [...]
Highlights Firm commitments received from a private placement to sophisticated and institutional investors raising approximately of AUD 6.25 million at an issue price of AUD 0.55 bolsters working capital. AUD 20 million standby equity finance facility secured under Controlled Placement Agreement improves Macarthur’s balance sheet. Facility can be [...]
RCR Mining Technologies completes engineering design report to support the potential development of a cutting-edge ‘Helix’ rail car unloading solution at the Port of Esperance Process for selection of a preferred development option for the new rail unloading infrastructure system is now ready to advance Proposal for development of a [...]
Announcement Highlights Macarthur Minerals files NI43-101 Technical Report for the magnetite Mineral Resource at its Lake Giles Iron Project Measured Mineral Resources totaling 53.9 Mt and Indicated Mineral Resources of 218.7 Mt Inferred Mineral Resource of 997.0 Mt Macarthur now has sufficient Mineral Resources in the appropriate categories to [...]
Macarthur Minerals Ltd. is seeking an extension period of time under BC 51-517, section 4.2 for the filing of a technical report National Instrument 43-101 Standards of Disclosure for Mineral Projects, pertaining to its Lake Giles Iron Project. The Company expects to file the report on or before 10 November 2020 and confirms that Management and [...]
Macarthur Minerals Ltd. announced last week that it is retaining 100% of its tenements in the Pilbara region of Western Australia following the end of the Option Agreement entered into with Fe Ltd. in 2019. The tenements, held by the Company’s wholly owned subsidiary Macarthur Lithium Pty Limited , include the Hillside, Panorama [...]
Macarthur Minerals Ltd. informs shareholders that Fe Ltd. has elected not to earn-in on a 25% Stage 1 Interest in Macarthur Lithium Pty Ltd’s gold and lithium tenements in the Pilbara region of Western Australia, pursuant to the Option Agreement executed between the parties in 2019. Following FEL’s decision, the parties have finalised arrangements [...]
Macarthur Minerals Ltd. announces that it has signed an Agreement with Canaria Technologies Pty Ltd to facilitate the introduction, testing and potential use of Canaria’s Biometrics Safety System at the Company’s flagship Lake Giles Iron Project in the Yilgarn region of Western Australia. Predictive Biometric Systems are a new field of science [...]
