June 29 2022MYL Enters into Binding Commercial Agreements
Mallee Resources Limited (“MYL” or the “Company”) is pleased to announce that it has entered into the binding commercial agreements with Hartree Metals LLC (“Hartree”) required as a condition precedent to its acquisition (“Acquisition”) of Allegiance Mining Pty Ltd (subject to deed of company arrangement) (receivers and managers appointed) (“Allegiance”) pursuant to the deed of company arrangement in respect of Allegiance, including a life of mine offtake agreement, subscription agreements for loan facilities, a hedging agreement and security documentation (collectively the “Agreements”).
Read moreJune 29 2022Chairman's Address to Shareholders
The following Chairman’s Address is to be presented to shareholders at today’s EGM.
Read moreJune 29 2022Managing Director Presentation to General Meeting
The following Presentation is to be delivered to shareholders at today’s EGM by the Managing Director, Mr John Lamb.
Read moreJune 29 2022Results of Meeting
In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), Mallee Resources Limited (ASX:MYL) provides the results of the resolutions considered at the Company’s General Meeting held earlier today.
Read moreJune 16 2022Expiry of Unlisted Options
The MYL unlisted option series with an expiry date of 15 June 2022 and an exercise price of 78 cents has expired.
Read moreJune 14 2022MYL Investor Presentation
June 2022 Investor Presentation.
Read moreJune 10 2022Avebury Nickel Project - Acquisition Process Update
Mallee Resources Limited (“MYL” or the “Company”) is pleased to announce that orders to approve the transfer of shares in Allegiance Mining Pty Ltd (Subject to Deed of Company Arrangement) (Receivers and Managers Appointed) (“Allegiance”) to MYL have been approved in the Supreme Court of Western Australia.
Read moreMay 30 2022Notice of Extraordinary General Meeting / Proxy Form
An extraordinary meeting of the Company’s shareholders is scheduled to be held at Level 8, Exchange Tower, 2 The Esplanade, Perth, Western Australia on 29 June 2022 at 11am (AWST) (Meeting).
Read moreMay 16 2022Avebury Nickel Project - Acquisition Process Update
Mallee Resources Limited (MYL or the Company) provides the following update on the status of the Avebury Nickel Project (Avebury) acquisition (Acquisition).
Read moreMay 16 2022Avebury Nickel Project Update
Mallee Resources Limited (“MYL” or “the Company”) is pleased to announce that the status of the Avebury Nickel Mine in western Tasmania (“Avebury”), as advised to Tasmanian regulatory bodies (Mineral Resources Tasmania, Worksafe Tasmania and EPA Tasmania), has changed from care and maintenance to an operational mine site.
Read moreMay 16 2022Acquisition of Highly Prospective Exploration Licence
Mallee Resources Limited (“MYL” or “the Company”) is pleased to announce that it has entered into a binding agreement with Zebs Minerals Pty Ltd (“Zebs”) and D&B Mining Pty Ltd, a wholly owned subsidiary of Zebs, Moina Gold Pty Ltd and Mr Geoffrey Summers (collectively “the Vendors”), to acquire the exploration licence EL5/2020 in western Tasmania near to the Avebury Nickel Project, a Sandvik LH517 mine loader and all the geological and mining data and information held by the Vendors in relation to both the Melba tenements and the Avebury Nickel Project (“the Agreement”).
Read moreApril 29 2022Quarterly Activities/Appendix 5B Cash Flow Report
March 2022 Quarterly Activities Report
Read moreApril 09 2022Avebury Nickel Project - Mineral Resource Estimate
Mallee Resources Limited (“MYL” or “the Company”) is pleased to announce that independent consultants CSA Global Pty Ltd, an ERM Group Company, (“CSA Global”) have reported a Mineral Resource estimate in accordance with the JORC Code (2012 Edition) (“JORC Code”) in respect of the Avebury Project (defined below).
Read moreApril 08 2022Update - Myanmar Banking Regulations
Mallee Resources Limited (“MYL” or “the Company”) retains a total of US$12.1 million in Myanmar as a result of the divestment of its interests in the Bawdwin project. Repatriation of these funds to Australia is pending approval from the Central Bank of Myanmar (“CBM”).
Read moreMarch 16 2022Bawdwin Sales Process Completes
Mallee Resources Limited (“MYL” or the “Company”) is pleased to announce that all proceeds from the US$30 million divestment of its interest in the Bawdwin project and the shares in BJV Company Limited have been received.
Read moreMarch 15 2022MYL Half Yearly Report and Accounts
MYL Half Yearly Report and Accounts
Read moreMarch 11 2022Significant Milestone towards Acquisition of Avebury Project
Mallee Resources Limited (“MYL” or the “Company”) is very pleased to announce that the deed of
company arrangement (“DOCA”) proposed by the Company with Hartree Metals LLC (“Hartree”) has
been executed.
Read moreFebruary 23 2022Avebury DOCA and Board Roles Update
Mallee Resources Limited (“MYL” or the “Company”) is very pleased
to advise that creditors of Allegiance Mining Pty Ltd (Administrators
Appointed)(Receivers and Managers Appointed) (“Allegiance”)
have resolved to authorise the Joint Administrators of Allegiance to
execute a Deed of Company Arrangement (“DOCA”) in accordance
with the DOCA proposed by the Company with the sole secured
creditor Hartree Metals LLC (“Hartree”). The DOCA proposal
contemplates MYL acquiring all the shares on issue in Allegiance,
which wholly owns the Avebury mining licences, exploration
licences, the underground mine, processing plant and associated
mine infrastructure (“Avebury”).
Read moreFebruary 18 2022MYL - Allegiance DOCA Proposal - Further Information
Mallee Resources Limited (“MYL” or the “Company”) refers to its announcement of 16 February 2022 (“Previous Announcement”) and provides the following additional information with respect to the deed of company arrangement (“DOCA”) proposal (“Proposal”) made with Hartree Metals LLC (“Hartree”). Capitalised terms in this announcement have the same meanings as given in the Previous Announcement, unless the context otherwise requires.
Read moreFebruary 16 2022Submission of a Proposed DOCA in Relation to Avebury Nickel
Mallee Resources Limited (“MYL” or the “Company”) advises that it has submitted a deed of company arrangement (“DOCA”) proposal (“Proposal”) to Richard Tucker and John Bumbak of KordaMentha (“Administrators”) in their capacities as administrators of Allegiance Mining Pty Ltd (Administrators Appointed)(Receivers and Managers Appointed) (“Allegiance”) and various of its related entities (together, the “Allegiance Group”). The Allegiance Group wholly owns the Avebury nickel sulphide mine, near Zeehan in Tasmania (“Avebury Project”). The Proposal was made by MYL together with Hartree Metals LLC (“Hartree”), the sole secured creditor of the Allegiance Group.
Read moreJanuary 31 2022Quarterly Activities / Appendix 5B Cash Flow Report
* Cash position increases to A$36 million. Bawdwin sale proceeds continue to add to MYL’s strong financial position.
* New project search is now advanced with a small number of high quality projects progressed to detailed due diligence.
Read moreJanuary 04 2022Update on Bawdwin Sale Transaction
Mallee Resources Limited (ASX: MYL) provides the following update in respect of the Bawdwin sale transaction.
Read more