Enerji Limited (ASX:ERJ) Scales Down Convertible Bond Facility
Perth based green power company Enerji Limited (ASX:ERJ) has renegotiated a previous $25 million convertible bond facility with Fortensa Special Opportunities Fund ("Fortensa").
Perth based green power company Enerji Limited (ASX:ERJ) has renegotiated a previous $25 million convertible bond facility with Fortensa Special Opportunities Fund ("Fortensa").
Asian Activities Report for December 8, 2011 includes: Hailiang Group (SHE:002203) is planning to invest RMB 2 billion to build a Education Park in Zhejiang Province, China; China Suntien Green Energy (HKG:0956) says that its Guyuan Dongxinying 199.5 megawatt wind power project has received UN approval and registered as a Clean Development Mechanism project under the Kyoto Protocol; Nintendo (TYO:7974) says that sales of Nintendo 3DS remains robust, with nearly 3 million units sold in Japan since it was launched in February 2011; Japan's leading global electronics company Hitachi, Ltd (TYO:6501) is scheduling to transfer its hard disk drive business to Western Digital Corporation (NYSE:WDC).
Asian Activities Report for December 2, 2011 includes: Panasonic Electric Works, a Panasonic Group (TYO:6752) company, is to launch a new residential power storage system in late December in Japan; Treasury Wine Estates Limited (ASX:TWE) has appointed Michelle Terry as Managing Director Lindeman's; Algae.Tec Limited (ASX:AEB) will build its first algae to biofuels production facility in Asia; Haranga Resources Limited (ASX:HAR) says today that drilling at the Bayantsogt Prospect within the Selenge Iron Ore Project in Mongolia has intersected significant widths of iron mineralisation; Corazon Mining Limited (ASX:CZN) announces that results from the latest phase of drilling at the Lynn Lake Nickel Sulphide Project in Canada have defined further significant nickel-copper mineralisation.
Asian Activities Report for December 1, 2011 includes: Asahi Group Holdings Ltd (TYO:2502) has conditionally agreed to acquire Mountain H2O Pty Ltd, a bottled water company in Australia that produces high quality spring water; China Longyuan Power Group Corporation Limited (HKG:0916) has received governmental approval for the 49.5 megawatt Shaanxi Qingling Guanritai Wind Power Project; Virgin Blue Holdings Limited (ASX:VBA) and Singapore Airlines (SIN:C6L) will enter into an integrated network aviation alliance; Nufarm Limited (ASX:NUF) has completed the acquisition of Seeds 2000, Inc., a sunflower seed research and production company in USA.
Asian Activities Report for November 18, 2011 includes: MetroCoal Limited (ASX:MTE) announces a significant increase in the inferred coal resource of the Columboola Project from 540 million tonnes to 1.297 billion tonnes; Marmota Energy Limited (ASX:MEU) announces an initial resource estimate of 4.36 million tonnes of uranium mineralisation for its Saffron deposit within the Company's Junction Dam uranium project; Gryphon Minerals Limited (ASX:GRY) announces more outstanding drilling results from the Samavogo Gold Deposit at the Company's flagship Banfora Gold Project in Burkina Faso; Brisbane-based Frontier Solar Limited (SIM:FSO) has launched a A$6 million Initial Public Offering, expected to list on the SIM Venture Securities Exchange in late December 2011.
Asian Activities Report for November 11, 2011 includes: Hastings Rare Metals Limited (ASX:HAS) announces the results of a recent sampling programme at the Yangibana Project in Western Australia; iCash Payment Systems Limited (ASX:ICP) has determined to delay the targeted completion date of the proposed acquisition of further interest in NeoICP Korea Inc.; Globe Metals & Mining (ASX:GBE) has signed an agreement to acquire up to 90% interest in a titanium-vanadium-iron project in Mozambique; Mission NewEnergy Limited (NASDAQ:MNEL) (ASX:MBT) will build a major waste material processing facility in Malaysia.
Emerging green power company Enerji Limited ("Enerji" or the "Company") (ASX:ERJ) has successfully received commitments for approximately A$1m with a placement of approximately 55m shares at A$0.018 per share. The placement proceeds will be allocated towards funding the balance of the Carnarvon project installation, assisting in payment on ordered Powerboxes and working capital.