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EME, ENERGY METALS LIMITED
wolverine
post Posted: Jun 16 2010, 08:53 PM
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Just when you thought things have gotten all sleepy.....

(note current shareprice 43c)

PROPOSED PLACEMENT OF SHARES
Energy Metals Limited (ASX: EME) is pleased to advise that Camry Development
Hong Kong Limited (“Camry”) has agreed to subscribe for 19,472,773 shares at $1.02
per share to raise approximately $19,862,228
(“Placement”). On completion the
Placement shares will represent 14.5% of the issued capital of Energy Metals.
The Placement is conditional on the receipt of all necessary regulatory approvals
from public authorities, with subscription for the Placement to be completed by 30
September 2010. Upon completion of the Placement, Camry will have the right to
appoint a non-executive director to the Energy Metals board.
Camry is a wholly owned subsidiary of the Kangde Group, a private investment and
trading company with declared assets of A$600 million. Camry has warranted to
Energy Metals that it has the financial capacity to complete the Placement.
The proceeds of the Placement will be used to accelerate exploration of Energy
Metals’ projects in the Northern Territory, to fund other opportunities and for working
capital.



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TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
wolverine
post Posted: Feb 22 2010, 06:51 PM
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In Reply To: mme's post @ Feb 5 2010, 12:52 PM

Hi mme

Vols not shabby today for a pretty thin stock.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
mme
post Posted: Feb 5 2010, 12:52 PM
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In Reply To: wolverine's post @ Feb 5 2010, 12:30 PM

Looks like another no brainer to me for us previous share holders. Get paid $1.02 and buy back at 70 cents! biggrin.gif

 
wolverine
post Posted: Feb 5 2010, 12:30 PM
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In Reply To: mme's post @ Feb 5 2010, 12:04 PM

cashed up and ready to drill when its finished too...



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
mme
post Posted: Feb 5 2010, 12:04 PM
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In Reply To: wolverine's post @ Feb 2 2010, 07:52 AM

Again the fully underwritten issue is going ahead at 90 cents!! Got to love being able to buy on market at 70 cents! biggrin.gif

 
mme
post Posted: Feb 2 2010, 08:46 AM
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In Reply To: wolverine's post @ Feb 2 2010, 07:52 AM

Yeah well my reasoning is why pay 90 cents when I can buy them for around 70 cents!! biggrin.gif

 


wolverine
post Posted: Feb 2 2010, 07:52 AM
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In Reply To: mme's post @ Feb 2 2010, 07:17 AM

Certainly a bit of buying been going on albeit slightly on the back foot.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
mme
post Posted: Feb 2 2010, 07:17 AM
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In Reply To: wolverine's post @ Dec 7 2009, 08:52 AM

Grabbed a few more of these around these levels over recent days! biggrin.gif

 
wolverine
post Posted: Dec 7 2009, 08:52 AM
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in case we didn't know it, CUD can announce the offer as unconditional and cheques will be in the mail within a week.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
mme
post Posted: Dec 5 2009, 05:53 PM
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In Reply To: mme's post @ Dec 5 2009, 02:15 PM

Sorry market cap should be around 4.5 to 5 million with partly paids for SXX! biggrin.gif

 
 


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