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Articles by Segue Resources
Arrow raises $5.2m in JV and placement
Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia. To read more, please Login or Register below
GEV resumes trading
Shares in Global Energy Ventures have recommenced trading on the ASX today following a $4 million capital raising and the purchase of a marine transport technology business. Led by chairman and chief executive Maurice Brand, GEV has acquired SeaNG, which focuses on marine CNG transportation projects using its Coselle technology. SeaNG recently developed new technology which GEV intends to utilise for CNG transportation. To read more, please Login or Register below
Perth energy stock completes Canada deal
Shares in Global Energy Ventures have recommenced trading on the ASX today following a $4 million capital raising and the purchase of a Canadian marine transport technology business. Led by chairman and chief executive Maurice Brand, GEV has acquired SeaNG, which focuses on marine CNG transportation projects using its Coselle technology. SeaNG recently developed new technology which GEV intends to utilise for CNG transportation. To read more, please Login or Register below
Kula, Geopacific cut Woodlark capex
Perth-based explorer Kula Gold says it could save $US25 million, or 27 per cent, in the costs of building its Woodlark Island gold project in Papua New Guinea if done so in the current economic environment. Kula’s joint venture partner Geopacific Resources, which is earning up to an 80 per cent stake in Woodlark by spending up to $18.6 million on exploration work, initiated the cost-saving study on the project, appointing Mincore Engineers to undertake the review.
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