Syrah Resources (ASX:SYR) is an Australian resource company that is rapidly progressing its flagship Balama Graphite and Vanadium Project in Mozambique to production. The Project hosts the largest graphite ore reserves in the world with an Australasian Joint Ore Reserves Committee (JORC) compliant Ore Reserve of 81.4 Mt at 16.2% total graphitic carbon. Balama is a 110 km2 granted Mining Concession located within the Cabo Delgado province in the district of Namuno in northern Mozambique. The Project is approximately 260 km by road west of Pemba and is accessible by a sealed, main road, running directly from Pemba Airport. The Port of Nacala is approximately 490 km by road south east of the Project and is the deepest port in Southern Africa.
Syrah Resources Ltd
ASX:SYR ISIN:AU000000SYR9
News
During the quarter, Syrah Resources (ASX:SYR) (OTCMKTS:SRHYY) successfully completed a fully underwritten A$211 million capital raising to advance the development of the Balama Project (Balama).
Syrah Resources Ltd (ASX:SYR) are pleased to provide the Company's 2015 Annual Report to Shareholders. Syrah made significant progress during the year in relation to bringing its world class Balama Project in Mozambique into development. With successes throughout the year, the Company is now committed to developing this world class project.
Syrah Resources Limited (ASX:SYR) is pleased to provide an update regarding its development and marketing activities for the Balama Project in Mozambique.
Syrah Resources Ltd (ASX:SYR) today announced the successful completion of its 4 for 19 accelerated renounceable entitlement offer (Entitlement Offer), which concludes the capital raising announced by Syrah on 3 August 2015.
Syrah Resources Limited (ASX:SYR) announced a capital raising of approximately A$211 million by way of a fully underwritten institutional placement and 4 for 19 accelerated renounceable entitlement offer. As announced by Syrah on 6 August 2015, the Placement and the institutional component of the Entitlement Offer were strongly supported and raised approximately A$166 million.
Syrah Resources Limited (ASX:SYR) is pleased to announce the successful completion of its institutional placement (Placement) and the institutional component of its 4 for 19 pro rata accelerated renounceable entitlement offer.
Syrah Resources Limited (ASX:SYR) (Company) announced a fully underwritten accelerated renounceable pro-rata entitlement offer of 4 new shares for every 19 existing shares at an offer price of $3.25 per new share to raise approximately $113 million
Syrah Resources Ltd (ASX:SYR) are pleased to provide a company presentation regarding Syrah's equity capital raising.
Syrah Resources Limited (ASX:SYR) today announced a capital raising of approximately A$211 million by way of an institutional placement and a pro rata accelerated renounceable entitlement offer. Both the Placement and the Entitlement Offer (together, the Capital Raising) are fully underwritten.
During the quarter, Syrah Resources (ASX:SYR) successfully finalised the Feasibility Study and received key regulatory approvals for its graphite project in Mozambique (Balama Project).
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