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AUSTRALIA'S TRAFFORD RESOURCES RAISES US$3 MLN VIA IPO.
PERTH, June 1 Asia Pulse - Mining veteran Ian Finch is heading up a new multi-commodity explorer, Trafford Resources (ASX:TRF), which has raised $A4 million ($US3.0 million) ahead of listing on the Australian Stock Exchange.
Trafford's initial public offer was oversubscribed by $1 million, with shares issued at 20 cents each.
The company has an option to purchase the Wilcherry Hill base metal project in South Australia's Gawler Craton and another option to buy the Lynas Find gold project in Western Australia's Pilbara region.
At Lynas Find Trafford is working towards establishing a resource of 500,000 ounces before starting a feasibility study considering a mining operation.
In the company's prospectus Mr Finch said both areas showed potential to substantially benefit from increased commodity prices and the application of ...
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MELBOURNE, June 19 Asia Pulse - Shares in junior explorer Trafford Resources Ltd (ASX:TRF) began trading in line with their issue price on the Australian Stock Exchange today. Trafford first traded at...
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...of the 2.2 million ounce Thunderbox gold project and the Pilgangoora project which sits adjacent to the Lynas Find Deposit. Lynas Find is the largest known Archaen gold producing location in the Pilbara. The company has earmarked about $A2...
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- News wire article from: AsiaPulse News June 1, 2006 700+ words
...adjusted profit of $215 million. AUSTRALIA'S TRAFFORD RESOURCES RAISES US$3 MLN VIA IPO PERTH - Mining veteran...is heading up a new multi-commodity explorer, Trafford Resources (ASX:TRF), which has raised $A4 million...
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- News wire article from: AsiaPulse News July 11, 2007 700+ words
...per cent stake in the Wilcherry Hill project from Trafford Resources Ltd, by spending $10 million of exploration...study undertaken by Promet on Wilcherry Hill for Trafford Resources has indicated it could cost between $188 million...
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- News wire article from: AsiaPulse News February 9, 2007 700+ words
PERTH, Feb 9 Asia Pulse - Investors jumped aboard Trafford Resources today after the minerals explorer confirmed it had a 44 million tonne deposit of premium iron ore in South Australia. Trafford...
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- News wire article from: AsiaPulse News June 25, 2008 700+ words
SYDNEY, June 25 Asia Pulse - Trafford Resources Ltd (ASX:TFR) has taken a 19.98 per cent stake in Robust Resources Ltd (ASX:ROL). The interest has been effected through...
- Australia : Ironclad, Trafford shares jump.
- News wire article from: TendersInfo November 16, 2009 700+ words
Byline: manish03 Shares in Ironclad Mining Ltd and Trafford Resources Ltd jumped after the joint venture was granted mineral claims in South Australia. The move brings both a step closer to developing...
- BRIEFING - ASIA MINING - OCT 3, 2008.
- News wire article from: AsiaPulse News October 3, 2008 700+ words
...PERTH - Australian explorer Robust Resources Ltd's (ASX:ROL) shareholders today approved the acquisition by Trafford Resources Ltd (ASX:TRF) of a 19.9 per cent stake in the company. Trafford will buy 7.2 million shares at 20 cents...
Source: HighBeam Research, AUSTRALIA'S TRAFFORD RESOURCES RAISES US$3 MLN VIA IPO.