TYX - TYRANNA RESOURCES LIMITED

[blacksheep]

Up 61% @ 2.9c currently - 30 Mil shares traded. Received a speeding ticket. Turns out they are large shareholders in two gold companies that have projects in the conglomerate-hosted

Pilbara district. Hopefully KAI's results bear fruit - watermelon seeds

 

The Company is the largest shareholder in Kairos Minerals Limited (ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“KAIÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ) which is currently in trading

halt pending the release of an announcement to be made in connection with further exploration

results from KAIÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s recent activities in the Pilbara WA.

 

The Company is also a major shareholder in Orinoco Gold Limited (ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“OGXÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ) which today released an

announcement that confirms significant Conglomerate-Hosted Gold Potential over a total strike

extent of ~16km at its Eliseo Project.

[blacksheep]

TYX recently enjoyed a high on watermelon seeds - conglomerate gold - rush

 

Today it has appointed Klaus Eckhof as Strategic Advisor - he does a lot of strategic advising recently - and have an agreement to acquire 100% interest in high grade CobaltÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“Base Metals Project in USA - located in stable mining friendly state of Nevada, 700kms from TeslaÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Gigafactory.

 

What a combo Eckhof - cobalt - Tesla. All the right ingredients to get punters excited. One has to wonder with cobalt being so highly sought after why the owners/vendors of these overseas so called highly prospective assets don't undertake their own exploration/development.

 

SP up 45% @ $0.029 - 88.8 mil shares traded

 

The key commercial terms include:

1. Cash payment of $100,000 for 14-day exclusive option agreement

2. 14 days to complete due diligence

3. Tyranna will issue 141,176,470 ordinary shares in Tyranna Resources Ltd at deemed price

of $0.017. The shares will be issued pursuant to the CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s placement capacity under

Listing Rule 7.1 (71,529,796 shares) and 7.1A (69,646,674 shares).

4. Mr Klaus Eckhof will be issued 20 million options (TYXOC), and Mr Greg Smith will be issued

10 million options (TYXOC) as part of consulting arrangements. Mr Paul Lloyd (director of

US Cobalt) will be issued 20 million options (TYXOC). These options will be issued after the

general meeting of shareholders to be held on 19 April 2018 under Listing Rule 7.1.

 

AGS - Alliance Resources Limited - holds 71,393,843 ordinary shares in Tyranna Resources Limited,but their SP has not moved.

[nipper]

been a while ... TYX has been plodding along under 1c for the last three years or more, In May, it announced involvement in a Lithium project  and jumped from 0.6c to above 2c.

[nipper]

And today it announced it had signed the Sales Agreement for Angolan Lithium prospect. A bit more of a rise, from 1.9c to 2.2c

[nipper]

and in a Trading Halt of its securities granted by ASX with immediate effect today, on Thursday, 4 August 2022.
 
For the purposes of Listing Rule 17.1, Tyranna provides the following information:

• The trading halt is requested in connection with its General Meeting (on 05 Aug) to approval the Angolan Minerals project acquisition.  

 ... now 3.3c, got to 3.5c before the TH.