Trafford Resources Limited
ASX:TRF ISIN:AU000000TRF6
News
Asian Activities Report for September 5, 2011 includes: Trafford Resources Limited (ASX:TRF) has commenced an exploration programme on its 100% owned Peterlumbo tenement in South Australia; Energy Ventures Limited (ASX:EVE) has commenced a diamond drilling programme at its Maybell uranium project in USA; Rex Minerals Limited (ASX:RXM) has received further drilling results from its 100% owned Hillside Copper Project in South Australia; Minotaur Exploration Limited (ASX:MEP) has discovered a large copper-gold mineralized system at the Cormorant Prospect in western Queensland; Lupin Limited (BOM:500257) has received final approval from the US Food and Drug Administration for the new drug application for Tramadol Hydrochloride Extended Release Tablets.
Robust Resources Limited (ASX:ROL) today announced two key developments in the company's growth as an emerging exploration company.
Shareholders in Robust Resources Limited (ASX:ROL) have today approved the acquisition of a 19.9 shareholding in the company by Trafford Resources Limited (ASX:TFR) through a placement of 7.2 million fully paid shares to be issued at 20c each, raising a total of A$1.4 million.
Trafford Resources Limited (ASX: TFR) has offered to acquire a 19.98% interest in Robust Resources Limited (ASX: ROL) with a placement of $1.4 million for 7.2 million fully paid shares to be issued at 20c each, to take a position in Robust's 25,000 sq. km Romang Island gold and base metals project in Indonesia's Magmatic Arc.
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