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LogiCamms Wins Timaru Bulk Fuel Terminal Engineering Design Contract

LogiCamms Limited (ASX: LCM) has announced that its New Zealand subsidiary, LogiCamms New Zealand Limited, has been awarded the engineering design work for a new bulk fuel terminal and wharfline to be built in Timaru, on the South Island of … Continue reading LogiCamms Wins Timaru Bulk Fuel Terminal Engineering Design Contract

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Zenith Energy Signs Power Purchase Agreement (PPA) with Dacian Gold

Pursuant to the ASX announcement on 28 August, remote power generation specialist Zenith Energy Limited (ASX: ZEN) has announced that its wholly-owned subsidiary, Zenith Pacific Pty Ltd, has now executed the PPA to build, own and operate a 17MW gas-fired … Continue reading Zenith Energy Signs Power Purchase Agreement (PPA) with Dacian Gold

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Talon Petroleum Proposes Capital Raising

Talon Petroleum Limited has announced that, it has entered into a mandate agreement with Chieftain Securities Pty Ltd (“Chieftain”) to undertake a capital raising of up to $1.9 million to fund the ongoing activities and growth of the Company.  Details of the capital raising are as follows: Capital injection of up to $1.9 million via the placement of up to 633,333,333 shares at an issue price of $0.003 per share The issue of 90 million incentive options with an exercise price of $0.005 per option and an expiry of 31 December 2020 Current Director, Troy Harry, to participate in the capital raising in an amount of $300,000, subject to shareholder approval Issue of securities under the capital raising to be subject to shareholder approval at a shareholders’ meeting to be held in late November. Proceeds from the capital raising will be used to: Retire debt of $300,000 owed to current Director, Troy Harry Undertake a technical and strategic review of the Talon’s MR Olmos project, located onshore Texas, to optimise the value of the project Review the position relating to the Lessor dispute in relation to specific leases within the MR Olmos Project Fund Talon’s search for new strategic and growth assets to deliver material shareholder value. Disclaimer The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or … Continue reading Talon Petroleum Proposes Capital Raising

WorleyParsons successfully completes Institutional Entitlement Offer

WorleyParsons Limited has announced successful completion of the institutional component (“Institutional Entitlement Offer“) of its 1 for 10 accelerated non-renounceable pro-rata entitlement offer (“Entitlement Offer“) announced to the Australian Securities Exchange (“ASX”) on Monday, 9 October 2017. The Entitlement Offer … Continue reading WorleyParsons successfully completes Institutional Entitlement Offer