Challenger Deep is pleased to announced that, further to its news release dated March 15, 2013, it has now closed a non-brokered private placement consisting of 9,316,667 units of the Company, at a subscription price of $0.15 per Unit for gross proceeds of $1,397,500. Each Unit consists of one common share and one common share purchase warrant [...]
Further to our previously announced execution of an Exclusivity Agreement related to the coal mining and marketing rights for the KEM Project in Central Kalimantan, Challenger Deep is pleased to announce that, through its wholly owned subsidiary, PT Bestindo Energy, it has signed the formal exclusive Mining and Marketing agreement for life of mine [...]
Challenger Deep is pleased to announce a private placement of up to $1,500,000. Pursuant to the Private Placement, which is subject to acceptance by the TSX Venture Exchange, Challenger intends to issue, pursuant to applicable exemptions from registration and prospectus requirements of Canadian and United States securities laws, up to 10,000,000 [...]
Deep Resources is pleased to announce that, through its wholly owned subsidiary, PT Bestindo Energy, it has entered into an Exclusivity Agreement to purchase all of the shares of PT HAAS, a private Indonesian company. HAAS owns mining infrastructure in the area and has the right to mine and market coal from the Alam Bahteria Barito Raya coal [...]
Challenger Deep is pleased to announce that, through its wholly owned subsidiary, PT Bestindo Energy, it has entered into an Exclusivity Agreement relating to the right to mine and market coal from the KEM coal project in Central Kalimantan. The Exclusivity Agreement with CV Kara Elmas Madenleri gives Challenger the exclusive right, for a period of [...]
