Image Resources provides the Company's latest presentation at Mineral Sands Conference. Investor Snapshot Opportunity to invest in company transitioning to profitable mining operator - Company fully funded to positive cashflow o $50M as debt; $25M as equity - Project construction underway - Plant and equipment already acquired - First production [...]
Image Resources is pleased to announce its Equity Raising has closed fully subscribed. The AU$25m Equity Raising was launched on 11 March 2018 with Euroz Securities Limited, the Sole Lead Manager and Sole Bookrunner. Demand has come from new and existing investors. In accordance with the Subscription Deed with Vestpro International, Vestpro will be [...]
Image Resources is pleased to announce it has entered into two Equity Subscription Deeds to fully underwrite the issue of 250 million fully paid ordinary Image shares at an issue price of 10 cents to raise AU$25M . - Image launches fully underwritten AU$25M Equity Raising - Cornerstone investor secured for minimum 10.1% position - Euroz appointed [...]
Image Resources is pleased to announce that the Company has entered into a Loan Note Subscription Agreement with Pala Investments Limited and Castlelake IV, L.P. and CL V Investment Solutions LLC which are entities controlled by Castlelake L.P. as the Loan Note Holders, to raise AU$50M1 from the issue of senior secured loan notes. AU$50M to be [...]
Image Resources is pleased to advise the Company is finalising the issue of a contract to BMD Constructions for the construction of the site entry road intersection for its 100%-owned, high-grade, zircon-rich Boonanarring Mineral Sands Project located in the infrastructure-rich North Perth Basin, located 80km north of Perth, Western Australia. The [...]
Image Resources provides the Company's Quarterly Activities Report for the quarter ended 31 December, 2017. HIGHLIGHTS - Zircon prices continue to rise; - Boonanarring Project NPV increased to A$197M; - A number of indicative funding proposals evaluated and a preferred debt provider selected with due diligence well advanced; - Interim equity [...]
Image Resources is pleased to announce a placement of 40,000,000 new ordinary shares at an issue price of 10 cents per share to qualified institutional and sophisticated investors to raise $4,000,000 . The Placement was significantly oversubscribed and the funds raised will enable the Company to continue to advance planning and preparations for [...]
Image Resources is pleased to announce updated Bankable Feasibility Study results for its 100%-owned, high-grade Boonanarring and Atlas mineral sands deposits located in the infrastructure-rich North Perth Basin, with Boonanarring approximately 80km north of Perth, Western Australia. FX: - Project Pre-Tax NPV of AU$197M at 8% discount rate [...]
Image Resources is pleased to announce Image has received the final approval required for the construction and commissioning of its 100%-owned Boonanarring Minerals Sand Project located approximately 80 km north of Perth in the North Perth Basin. As a central pillar of the process of fast-tracking the development of its high-grade, high-zircon [...]
ABN Newswire interviews Managing Director Patrick Mutz at the International Mining and Resources Conference (IMARC) in Melbourne, Australia. Following the company's presentation to investors at IMARC 2017, Patrick Mutz is interviewed about the minerals sands project the company is developing. With 100% of the product already sold, the company is [...]
Image Resources provides the Company's Quarterly Activities and Cashflow Reports. HIGHLIGHTS Boonanarring Project Capital Financing The Company's primary focus during the quarter was investigating and actively seeking project finance to support the development of its 100%-owned, high-grade Boonanarring mineral sands project in the North Perth [...]
Image Resources provides the Company's latest presentation at 121 Mining Investment, Hong Kong. Company Description and Focus Emerging mineral sands producer Actively focused on fast-tracking the development of its 100%-owned, high-grade and high-zircon flagship Boonanarring mineral sands project in the North Perth Basin in Western Australia [...]