FerrAus Limited (ASX:FRS) (PINK:FRRAF) has successfully completed the bookbuild for its A$35 million placement as approved by shareholders at the Extraordinary General Meeting held in Perth on 24 January 2011.
Australian Market Report of January 31, 2011 includes: China National Offshore Oil Company Limited (HKG:0883) (NYSE:CEO) has approved the Project Investment and the Overall Development Plan for the development of the three oil fields in China; Copper Strike Limited (ASX:CSE) signed agreements with China to fund multi-deposit project in North Queensland; Jupiter raises A$150 million to advance mining projects in South Africa and Australia; Viralytics Limited (ASX:VLA) (PINK:VRACY) has received Chinese notice for the grant of a patent involving of the use of CAVATAKTM RNA as an anti-cancer agent in human melanoma.
Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that Wayne Zekulich has been appointed Chief Financial Officer of Oakajee Port & Rail (OPR), developer of port and rail infrastructure for the mining industry in Western Australia's mid-west. OPR is jointly owned by Murchison and Mitsubishi Development Pty Ltd.
Equatorial Resources Limited (ASX:EQX) advise that preliminary interpretation of data from the airborne geophysical survey completed during December 2010 at its Badondo Iron Project has identified magnetic anomalies with a combined strike length in excess of 22km. The identified anomalies have the potential to host significant quantities of hematite and itabirite hosted iron mineralisation.
Australian Market Report of January 27, 2011 includes: Universal Coal plc (ASX:UNV) makes strategic coking coal expansion acquisition in South Africa; Marmota Energy Limited (ASX:MEU) received significant iron results in South Australia; African Iron Limited (ASX:AKI) intersected further significant DSO Iron Mineralisation in Congo; Chesser Resources Limited (ASX:CHZ) received further high grade gold results in Turkey.
Meteoric Resources NL (ASX:MEI) wish to announce that the Company has reached agreement with CPS Securities to place 6,000,000 fully paid shares at an issue price of A$0.15 per fully paid share. Several of that brokers' clients have continued to hold significant shareholdings in the Company and their continued support is welcomed.
Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at the Tete iron/vanadium/titanium project.
