Gold producer Troy Resources has completed the initial phase of Resource drilling on the Smarts Deposit in Guyana. The recently completed Resource drilling focussed on about 1km of the 2.5km strike length of Smarts Deposit. The program consisted of 62 holes for a total of 8777m of drilling and included both Reverse Circulation (RC) drilling (18 [...]
Growing junior gold producer, Troy Resources Limited is pleased to advise that the Company's latest presentation from Diggers & Dealers in Kalgoorlie Western Australia can be viewed on the Company's website as follows.
Please be advised that Troy Resources Limited has released its Quarterly Report for the third quarter ending 30 June 2013 to shareholders. A copy of this report can be accessed via the Troy website; www.troyres.com.au under "Latest Announcements". The report can also be found under the Company's profile on the SEDAR website www.sedar.com.
Troy Resources is pleased to advise that as at close of trading on the ASX on 10 July 2013, Troy's relevant interest in Azimuth Resources was 93.97%. Troy will now proceed to acquire the remaining Azimuth shares under the compulsory acquisition provisions of the Corporations Act 2001 (Cth) (Corporations Act).
Information of a scientific or technical nature that which relates to exploration results, Mineral Resources or ore Reserves was prepared under the supervision of Peter J. Doyle, Vice President Exploration and Business Development of Troy, a "qualified person" under National Instrument 43 101 - "Standards of Disclosure for Mineral Projects", a [...]
Gold producer Troy Resources is pleased to announce that it has declared its takeover offer for the shares in Azimuth Resources free from all conditions. As at 2.00pm (Sydney time) on 2 July 2013, Troy's voting power (plus acceptance instructions under the Institutional Acceptance Facility) was 78.23%. As the offer has now been declared [...]
Gold producer Troy is pleased to announce that documentation in relation to the A$40 million in loan facilities with Investec Bank has now been executed. The Company has satisfied the conditions precedent relating to the A$20 million Revolving Corporate Loan Facility and these funds are now available for drawdown. The remaining A$20 million [...]
Gold producer Troy Resources announced a range of initiatives to reduce costs and optimise its business in the face of increasing volatility in gold and silver prices. The changes announced today follow an initial review of the business and further changes will follow over coming months.
Troy Resources advises that the aggregate of: the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the Institutional Acceptance Facility (IAF) as at 7.00pm (Sydney time) on 21 June 2013; and
Azimuth advises that it has received a Notice of Variation under subsection 650D(1) of the Corporations Act (Act) from Troy Resources. The Notice of Variation informs Azimuth that Troy: - Varies its takeover offer, contained in its bidder's statement dated 9 May 2013 as supplementedby a supplementary bidder's statement
Troy Resources advises that the aggregate of: a. the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the Institutional Acceptance Facility (IAF) as at 7.00pm (Sydney time) on 14 June 2013; and
Azimuth advises that Troy has today advised that the aggregate of: a) the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the IAF as at 7.00pm (Sydney time) yesterday; and b) the number of Azimuth shares in [...]