Avebury 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 moreAvebury 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 moreAcquisition 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 moreQuarterly Activities/Appendix 5B Cash Flow Report
March 2022 Quarterly Activities Report
Read moreAvebury 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 moreUpdate - 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 moreBawdwin 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 moreMYL Half Yearly Report and Accounts
MYL Half Yearly Report and Accounts
Read moreSignificant 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 moreAvebury 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 moreMYL - 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 moreSubmission 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 moreQuarterly 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 moreUpdate on Bawdwin Sale Transaction
Mallee Resources Limited (ASX: MYL) provides the following update in respect of the Bawdwin sale transaction.
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