Cardinal Resources is pleased to announce that Lycopodium Minerals Pty Ltd and Golder Associates Ltd have been engaged to complete the next study phase at the Company's Namdini Gold Project. HIGHLIGHTS - Lycopodium appointed to complete process pre-feasibility study - Golder Associates appointed to complete mine scoping study - The combined [...]
Cardinal Resources is pleased to announce that it has received commitments for a share placement of 45,598,266 at $0.50 per share ("Placement"). The Placement was heavily oversubscribed, reflecting strong support from a wide range of domestic and international institutional and sophisticated investors, as well as continued support from the majority [...]
TORONTO, April 5, 2017 /CNW/ - 6 April 2017 (Perth) - Cardinal Resources Ltd. ("Cardinal" or the "Company") is pleased to announce that it has applied for the listing of its ordinary shares on the Toronto Stock Exchange (the "TSX") and has filed a preliminary non-offering prospectus (the "Preliminary Prospectus") with the Ontario Securities [...]
Cardinal Resources is pleased to announce that it proposes to undertake a capital raising to sophisticated and professional investors to subscribe for fully paid ordinary shares via a placement of up to 35.5 million shares at a proposed price of $0.50 per share, with the ability to accept oversubscriptions of up to a further 10.0 million shares [...]
Cardinal Resources is pleased to announce that it has applied for the listing of its ordinary shares on the Toronto Stock Exchange and has filed a preliminary non-offering prospectus with the Ontario Securities Commission. Cardinal's decision to seek dual listing on the TSX is driven by the strong and increasing levels of interest in Canada and [...]
Cardinal Resources is announcing that Gold Fields has become a substantial shareholder of Cardinal through on-market purchases. Gold Fields became a substantial shareholder of Cardinal on 3 April 2017 with an ordinary shareholding of 6.4%. Further, the Company advises that Gold Fields is, or is entitled to be, the registered holder of 24,887,425 [...]
Cardinal Resources is pleased to announce that Van Eck Corporation from New York, USA has increased its holding in Cardinal. Van Eck held an equity position of 7.42% and has now increased its holding to 8.49% buying on market since Cardinal's "Interim Metallurgical Update" was announced on the ASX platform. Archie Koimtsidis, CEO/MD of Cardinal [...]
Cardinal Resources is pleased to report a second interim metallurgical update for the Namdini Project. HIGHLIGHTS - A number of conventional gold recovery improvement techniques are showing that overall gold recoveries of 84% are easily achievable. - A conventional crush-float-fine grind-CIL flowsheet continues to be the preferred processing [...]
The Directors are pleased to submit their report on Cardinal Resources for the half-year ended 31 December 2016. JULY - DECEMBER 2016 REVIEW OF OPERATIONS The Board is pleased to provide the following Review of Operations for the half year period to 31 December 2016. GHANA GOLD PROJECTS Cardinal Resources Ltd., through its wholly owned [...]
Cardinal Resources is pleased to announce that Van Eck Corporation from New York, has increased its holding in Cardinal. Van Eck held an equity position of 6.32% and has now increased its holding to 7.42% buying on market since Cardinal's recent "Interim Metallurgical Update" was announced on the ASX platform. Archie Koimtsidis, CEO/MD of [...]
Cardinal Resources is pleased to announce that 1832 Asset Management LP - Dynamic Fund (from Toronto, Canada has increased its holding in Cardinal. Dynamic Fund held an equity position of 9.07% and has now increased its holding to 10.85% buying on market since Cardinal's recent "Interim Metallurgical Update" was announced on the ASX platform [...]
Sydney, Australia (ABN Newswire) - In this issue: Inflationary pressures and higher prices are building for gold and resources commodities, but how should you play it and which stocks should you look at? Read this latest Dawes Points to better understand the global forces that drive resources sector investment. Key Points - Australian gold [...]
