Atlas Iron Limited (ASX:AGO) is an independent Australian iron ore company, mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Since listing on the ASX in late 2004, Atlas has grown rapidly and is now a member of the ASX100 index.
Atlas Iron Limited (ASX:AGO) and Aurox Resources Limited (ASX:AXO) (PINK:AUOXF) are pleased to announce that Atlas and Aurox have reached agreement for Atlas and Aurox to merge by way of scheme of arrangement. Atlas will issue Aurox shareholders with one Atlas share for every three Aurox shares they hold upon implementation. Atlas will also make offers to Aurox optionholders to issue Atlas shares to them on a ratio determined by reference to the respective exercise price and expiry date of their options.
ABN Newswire stocks to watch today include: Atlas Iron Limited (ASX:AGO), Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Carpentaria Exploration Limited (ASX:CAP), Brickworks Limited (ASX:BKW), iSOFT Group Limited (ASX:ISF), Iron Road Limited (ASX:IRD), and Havilah Resources NL (ASX:HAV).
Atlas Iron Limited (ASX:AGO) and Aurox Resources Limited (ASX:AXO) today announced that they have entered into a Utah Point Port Cooperation Agreement in relation to Aurox's port capacity allocation at the Utah Point port facility, currently being constructed by the Port Hedland Port Authority (PHPA). The execution of this port cooperation agreement will ensure Atlas' and Aurox's port capacity allocations at Utah Point are used to their maximum and in a highly efficient cost effective manner.
Atlas Iron Limited (ASX:AGO) is pleased to provide a Quarterly Activities Report for the period ended 31 December 2009.
Atlas Iron Limited (ASX:AGO) is pleased to announce a substantial increase in the Wodgina DSO Project Reserves to 20.9Mt at 57.7%Fe. The Wodgina Project Reserves have been updated taking into account additional exploration and infill drilling, with the inclusion of 2 additional mining areas, 'Dragon' and 'Constellation'.
ABN Newswire stocks to watch today include: Atlas Iron Limited (ASX:AGO), Emergent Resources Limited (ASX:EMG), Carbon Energy Limited (ASX:CNX) (PINK:CNXAF), Magnetic Resources NL (ASX:MAU), and Pike River Coal Limited (NZE:PRC) (PINK:PKRRF).
Atlas Iron Limited (ASX:AGO) has taken another significant step towards achieving its key growth targets, with the Company striking two long-term off-take agreements with medium-sized Chinese steel mills covering a total of 1.1 million tonnes per annum of Atlas DSO product.
Atlas Iron Limited (ASX:AGO) is pleased to announce that its resource inventory of Direct Shipping Ore has doubled to 186.6 million tonnes at 56.6% Fe, paving the way for the planned increases in production and sales revenue over the next three years.
ABN Newswire Stocks to Watch today include: Mesoblast Limited (ASX:MSB) (PINK:MBLTY), Metallica Minerals Limited (ASX:MLM), Atlas Iron Limited, Warwick Resources Limited (ASX:WRK), AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF), D'Aguilar Gold Limited (ASX:DGR) and Lions Gate Metals Inc (CVE:LGM) (PINK:LGMFF).
Atlas Iron Limited (ASX:AGO) is pleased to announce that the Schemes of Arrangement between Warwick Resources Limited ("Warwick") (ASX:WRK) and its shareholders and option holders (the "Scheme Participants") in relation to the merger of Warwick with Atlas have now been implemented. All Warwick ordinary shares have been transferred to Atlas. All Warwick options to acquire shares in Warwick will now be cancelled.
