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LIVIUM LTD — Capital/Financing Update 2017
Mar 27, 2017
65239_rns_2017-03-27_90a2556e-e9d8-4784-8b7f-8f138c0cebfc.pdf
Capital/Financing Update
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ASX Announcement
28 March 2017
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COMPANY DETAILS
PARKWAY MINERALS ANNOUNCES ACCEPTANCE OF LITHIUM AUSTRALIAS’ OFFER FOR LEPIDICO SHARES
ABN : 62 147 346 334
PRINCIPAL AND REGISTERED OFFICE Parkway Minerals NL Level 1 675 Murray St West Perth WA 6005
POSTAL ADDRESS PO Box 1088 West Perth WA 6872
Fertilser developer, Parkway Minerals NL (ASX:PWN) ( PWN ) announces that it has completed the transaction foeshadowed in the ASX announcement of 6[th] February 2017.
PWN has accepted Lithium Australias ( LIT ) conditional offer of 1 LIT share for 13.25 Lepidsico shares held. Parkway Minerals looks forward to the completion of the offer and a renewed focus on developing new technologies that will enhance processing options for lithium minerals..
W www.parkwayminerals.com.au E [email protected] Subscriptions to the value of For further details please contact: P +61 8 9479 5386 Parkway Minerals NL: F +61 8 9475 0847 Patrick McManus Managing Director ASX CODE Mob:+61 408 956 798 PWN FRANKFURT CODE Email:[email protected] A1JH27 Web: www.parkwayminerals.com.au OTC PINK CODE PWNNY
CORPORATE INFORMATION (28 March 2017) 353M Ordinary shares 123M Partly paid shares 18M Listed Options 5M Unlisted options
BOARD OF DIRECTORS Adrian Griffin (Non-Executive Chairman) Patrick McManus (Managing Director) Chew Wai Chuen (Non-Executive Director) Natalia Streltsova (Non-Executive Director)
Parkway Minerals NL: LIT-LPD update
March 2017
About Parkway Minerals
Parkway Minerals (ASX:PWN) is an exploration company focused on developing large greensand deposits in West Australia’s Perth Basin. The Company aims to define a substantial resource base and investigate how best to recover phosphate, potash and other minerals from the Dandaragan Trough. The project is well situated in relation to infrastructure, with close access to rail, power and gas. A successful commercial outcome will allow the Company to become a major contributor to the potash and phosphate markets at a time of heightened regional demand.
The Company has a major land holding over one of the world’s largest known glauconite deposits, with exploration licenses and applications covering an area of over 2,082km[2] . Previous exploration indicates glauconite sediments are widespread for more than 150km along strike and 30km in width. Current JORC compliant Indicated Mineral Resources stand at 250Mt at 2.9% P2O5 of phosphate mineralisation and 175Mt at 4.2% K2O, amenable to processing by the K-Max process (ASX release:3 June 2015). A pre-feasibility study is in progress for stage 1, production of phosphate fertilisers.