Melior Resources Inc. today announces that further to its press release on September 9, 2019 disclosing, among other things, that its wholly-owned subsidiaries, Goondicum Resources Pty. Ltd and Melior Australia Pty. Ltd , appointed a voluntary administrator pursuant to Section 436A of the Corporations Act 2001 , the TSX Venture Exchange has advised [...]
Melior Resources Inc. refers to its press release of September 9, 2019 regarding the appointment of voluntary administrators to the Company’s wholly-owned subsidiaries, Melior Australia Pty Ltd and Goondicum Resources Pty Ltd . As a consequence of the appointment of the voluntary administrators to the Subsidiaries, the Company and its [...]
Melior Resources Inc. today announces that its wholly-owned subsidiaries, Goondicum Resources Pty. Ltd and Melior Australia Pty. Ltd appointed a voluntary administrator pursuant to Section 436A of the Corporations Act 2001 . In the opinion of the directors of the Subsidiaries, the Subsidiaries are insolvent or are likely to become insolvent at some [...]
Melior Resources Inc. today announces that it has signed and closed an amendment to the loan agreement entered into between Melior and Pala Investments Limited dated August 9, 2018 as amended on November 16, 2018, February 4, 2019 and June 6, 2019 , to, among other things, increase the principal amount of the loan facility by US$2,000,000 to [...]
Melior Resources Inc. today announces that the board of directors has received and accepted the resignation of Mark McCauley as Chief Executive Officer of the Company, effective from August 5, 2019. Martyn Buttenshaw, Chairman of Melior, stated: “On behalf of the Board, and the entire Melior team, I would like to thank Mark for his [...]
Melior Resources Inc. today updated the market about progress at its Goondicum Ilmenite Project. Commissioning at Goondicum is on-going with June ilmenite production of 9,580 tonnes and apatite production of 900 tonnes against budget goals of 12,300 tonnes and 3,7001 tonnes respectively. Total FY2019 production since the November 2018 restart was [...]
Melior Resources Inc. today announced that Mr Philip Day would be joining the board as a non-executive director effective 8 July 2019. Phil is head of the Technical and Operations Team at Pala, with oversight of all technical matters relating to Pala’s investments. Phil has over 20 years’ experience in mining projects globally, focusing [...]
Melior Resources Inc. today confirms that it has signed and closed an amendment to the loan agreement entered into between Melior and Pala Investments Limited dated August 9, 2018 as amended on November 16, 2018 and February 4, 2019 to, among other things, increase the principal amount of the loan facility by US$2,500,000 to approximately [...]
Melior Resources Inc. has agreed with Pala Investments Limited to amend the loan facility currently in place with Pala pursuant to a loan agreement entered into between the parties on August 9, 2018 as amended on November 16, 2018 and February 4, 2019 to increase the principal amount of the loan by US$2,500,000 for a total of approximately US$21 [...]
Melior Resources Inc. today updated the market about progress at its Goondicum Ilmenite Project. Commissioning at Goondicum continued through April with ilmenite production of 7,830 tonnes and apatite production of 860 tonnes against budget goals of 10,700 tonnes and 2,300 tonnes respectively. Cumulative ilmenite production since start of [...]
Melior Resources Inc. today updated the market about progress at its Goondicum Ilmenite Project. Figure One Figure Two Apatite stocks at Goondicum Goondicum 24/7 First ilmenite cargo being loaded Entire vessel chartered for first cargo Commissioning and production ramp-up at Goondicum continued successfully through February and March. Ilmenite [...]