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CYL, CATALYST METALS LIMITED
blacksheep
post Posted: Nov 27 2019, 12:51 PM
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Posts: 6,791
Thanks: 2305


Gina Hancock's Hancock Prospecting invests a further $7.8m

QUOTE
Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pleased to advise that Gold Exploration
Victoria Pty Ltd (GEV) (a wholly owned subsidiary of Hancock Prospecting Pty Ltd and Joint Venture
Partner on the Four Eagles Gold Project
) has agreed to subscribe for a $7.875 million placement of
Catalyst shares at a subscription price of $2.25 per share.


The placement comprises 3,500,000 ordinary fully paid shares at a subscription price of $2.25 per share
and is being made pursuant to ASX Listing Rule 7.1. No Catalyst shareholder approval is required for
the placement.

Proceeds from the share placement will strengthen the Company’s working capital position and enable
it to continue to move forward with its advanced projects at the Four Eagles Gold Project and Tandarra
Gold Project and to continue to pursue aggressive exploration programmes in the Whitelaw Gold Belt
north of Bendigo and adjacent belts north of the Fosterville and Inglewood goldfields.

The subscription price represents a discount of approximately 9.6% to the 20 day volume weighted
average price of the Company’s shares prior to the date of the subscription agreement.

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
Standinglong
post Posted: Jan 2 2009, 04:45 PM
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Aren't CYL due to start drilling at the Everton, Vic prospect shortly?

Anyone know anything about that?

 
Standinglong
post Posted: May 22 2008, 01:14 PM
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In reply to: Standinglong on Monday 21/04/08 10:56am

Shouls be getting the assay results from the recent drilling program shortly.

Could be some interest coming.

 
Standinglong
post Posted: Apr 21 2008, 10:56 AM
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In reply to: dlux on Sunday 20/04/08 09:56pm

Don't know about a "fight" but the treat of all that stock being dumped seems to have been
taken care of.

If it had been dumped we would off course seen there shares fall but we would also probably seen a drawn out period to regain crediblity and investor interest. In over words probably a negative plateau and low liquidity for a while.

 
dlux
post Posted: Apr 20 2008, 09:56 PM
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In reply to: Standinglong on Sunday 20/04/08 07:46pm

I take it you mean that because there was a big parcel available there was a 'fight' to get hold of all the stock. Certainly says something about CYL in that case.

 
Standinglong
post Posted: Apr 20 2008, 07:46 PM
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Posts: 142


In reply to: RADIO on Monday 19/02/07 09:28am

Opes situation seams to have been handled well.
Could explain the upward move in SP.

 

sentifi.com

Share Cafe Sentifi Top themes and market attention on:


RADIO
post Posted: Feb 19 2007, 09:28 AM
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-------------------------------------------------------------------------------------------------------------
PROMO: Special one month free offer expires end of February. Visit the exclusive StockAnalysis Energy Newsletter page for ShareScene members to view recent samples of their weekly report http://www.stockanalysis.com.au/ss_subform.htm.
-------------------------------------------------------------------------------------------------------------

user posted image

Recent ShareScene.com Radio Broadcast (Thu, 11 Jan 2007 12:45PM):
Encouraging Drill Results - Mr Mark Thompson, Exploration Director


N.B. ShareScene.com Radio can normally be accessed by the 'RADIO' link, top of every page.

-------------------------------------------------------------------------------------------------------------
ShareScene.com Radio delivers investor presentations from ASX listed companies. Keep up to date with the latest corporate dealings of the shares you follow. Hear news direct from the source. Listen to directors and investor relations mangers discuss their company, give investor updates and brief on current results. ShareScene.com Radio keeps you informed about company announcements and events, and provides you daily market wraps and industry discussions.
-------------------------------------------------------------------------------------------------------------

 
rooster
post Posted: Dec 10 2006, 03:12 PM
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In reply to: Kopernicus on Saturday 09/12/06 09:40pm

Thanks Kopernicus.

I thought this was the case but just needed confirmation.
Now that the oppies have been issued a suspect we will start to some movement upwards based on recent results.

 
Kopernicus
post Posted: Dec 9 2006, 09:40 PM
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In reply to: rooster on Monday 27/11/06 03:05pm

Since no-one seems getting back to you on this Rooster, yes, the options can be 'converted' to shares for 20c any time up to December 2008.
The options are also tradeable as themselves and sales have been around 10c each for CYLO.
With the CYL being about 27c, that's a combined value near peak and lots more upside. Did you see the visible moly they drilled in the last release?
CYL - the Cudeco of the moly world? : )))

 
rooster
post Posted: Nov 27 2006, 03:05 PM
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In reply to: rooster on Sunday 12/11/06 03:32pm

Alright, so i have filled out the request for options form and paid my 0.01 cent per option. Does this mean that when they are granted, I can convert them to ordinary shares at any time by paying 20 cents a share up until the expiry date?

 
 


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