AI assistant
IRON BEAR RESOURCES LTD Capital/Financing Update 2006
65091_rns_2006-04-19_46673fcb-da3a-4cc7-b962-b8fa1ba69c1a.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
20 April 2006
The Company Announcements Office Australian Stock Exchange Limited
Via E Lodgement
CFE TO LIST ON AIM (4 MAY 2006)
Cape Lambert Iron Ore Ltd (ASX: CFE) is pleased to announce that its shares will be officially quoted on AIM on 4 May 2006.
The Company believes the AIM listing will maintain and enhance its global profile and facilitate greater exposure and access to European-based capital, enhancing the fundraising ability of the Company.
The Company will be conducting a roadshow in London in the lead up to the AIM listing, commencing 24 April 2006, with sponsoring broker Collins Stewart.
Please find to follow our presentation to be used during the roadshow.
Yours faithfully CAPE LAMBERT IRON ORE LTD
Tony Sage Executive Chairman
Westem Australian Iron Ore Project
April 2006
Convoiette Profile
| Total Shares on Issue | 250 m |
|---|---|
| options | |
| 31 October 2008 @ \$0.277 (ASX: CHEO) | Kolom |
| 31 October 2009 @ \$0.327 | FORM |
| 31 October 2010 @ \$0.377 | ZIO HAN |
| Ozstrzielziak | To the Second Second |
| Lighter Assets | 201 |
Current as of April 2006
AO
Majority Shareholders
| Nama | Number | % Issued Capital | |
|---|---|---|---|
| National Nominees Ltd | 46120682 | 18,51% | |
| JP Morgan Fleming Aust Lid | 22 750 000 | 9.13% | |
| Power United Limited | 18,828,666 | 785% | |
| Westpac Custodian Nominees Ltd. | THE STREET | 481% | |
| AWP Sage | 1172010763 | 470% | |
| Citicorp Nominees Pty Ltd. | 101974510549 | 4 40% | |
| Waterloo Australia Pty Ltd. | 7361326 | 2 94% | |
| Sandal Wood Resources Pty Ltd | 5 498 488 | 2.20% | |
| Helen Wells & Associates | 5498488 | 2 20% | |
| 140248350 | 5622V |
Shareholders as at April 2006
AO
Majatelahan k
Mr Tony Sage - Executive Chairman
Mr Sage has in excess of 25 years of experience in the field or corporate advisory services, funds management and capital raising. Mr Sage has been involved in the management and financing of listed mining companies in Australia and internationally for the last 12 years.
Mr Timolhy Tumer - Director/Secretary
Mr Turner specialises in offshore and domestic business structuring, corporate and trust tax planning and has in excess of 20 years experience in new ventures and capital raising.
Mr Brian Maher - Technical Director
Mr Maher has over 40 years in the mining industry, covering both Underground and open our operations, as a miner, supervisor, mining engineer, mine manager consultant, contractor and managing director. He has worked intoughout the world, including Australia, Liberia, Cuyana and the Philippines.
CONTROLLER STREED
- John Venture / Sell the Romanian Copter/Gold Project 0
- Disposal of shareholdings in Jackson Gold, Republic 3 Gold Great Australian and Polaris (ngrapprox SAUD2 Smillon
- Excelless BES on Gabe Lamber Deposit and initals Exploration work at Mi Anketell
CONDUCTS OF STANDARD
O Hiralise regional ons which a right Chinese groups Shandong and Sinosteel.
Striton
Finalise negotiations to purchase 19.9% of CFE on market for 100% of the off take.
Shosteel
Second largest Chinese steel group wishes to JV (50/50) and build intrastructure for 100% of the officike, MOU sighed March 2006.
Oaoo Lanbart Region ETA VATSIONA TAURIST
(OG by Dennisch Maria (OHN (OG besonder)
8
2.5 Billion Tonnes @ 30%Fe 1.4bt in Indicated Resource category 1715 in Interret Resource category (250m depth & 25%Fe cut off)
1.2 Billion Tonnes @ 38%Fe 0.67bt in Indicated Resource category 0.53bt in Inferred Resource category (250m depth & 30%Fe cut off)
This Resource was calculated from 22,662 metres of Robe historical drilling consisting of 189 drill holes
Qualification: The mineral Resource is based on information compiled by Martin Reynolds who is a fellow of the Australian Institute of Mining & Metallurgy. Mr Reynolds is a Director of Mackay & Schnellmann Pty Ltd, an independent geological consultant. Mr Reynolds is qualified as a Competent person as defined in the 2004, "Australasian Code for Reporting of Mineral Resources and Reserves (JORO)
Ceperatoria provincia (Celeitoria V
OS DE LA PROVINCIA
Logistic Advantages
- Skiniforn Goast 0
- Direct connection to Gas, Power, D Infrastructure, Local Workforce etc
- S2 5million per/km-U Fortesore (FMG) ZI50Km Mt Gibson (MGX) 200300 Iron Ore Holdings (IOH) 250km 2603m Gindalbie (GBG)
IVISIOIS AUSTRISTE MODERN Exposito
Cape Lambert deposit is located on the north west coast of Western Australia, 20km north of Karratha which is a major distribution hub for iron ore, gas, etc.
Note: All locations and distances approximate
Behikade Eessialin EST ORDER TO PARTIES
- · 2.5 Billion Tonnes JORC compliant Resource
- 50+ year mine life
- $\sim$ 5milea 10milea concentrator to >60% from
- Capital exireculiements to turn key, est. \$850 million
- · AVG Waste Ratio 0.6: 1
- Recovery 30 35% C
Gonoarson d'Siniter Oonoenies
| Capital Situature | Ourant | ||||
|---|---|---|---|---|---|
| Shares WILLICOD |
Opilons WILLED |
Markat Capital Salion (Million S) |
ESIMOZIO EX. |
Tonnes (Williem) |
|
| RofeseteMetels (EMC) | 22. | Й | 1850 | 2500 | 1100 |
| Mt Gibson (MGX) | 201 | 25 | 870 | 800 | 250 |
| Gindalbie Metals (GBG) | 835 | 22 | 2765 | 1100 | 760 |
| Grange Resources (GRR) | 95 | 166 | 274 | 1300 | 226 |
| Cape Lambert Iron Ore Ltd (CFE) | 24 | 2270 | TIO | 350 | 2.500 |
Comentes of April 2006
STORIAL
- Location 5km's from Coast 3
- Significant infrastructure already in place 3 (power, road, warer and populared areas)
- Sticstantal Tonnage with Stemheant upside D
- Stable political and economic environment 0
- Proximity to Asian markets 2