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ACB - A-Cap Energy News Story

A$0.018 0.0  5.9%

Last Trade - 2:15am

Sector
Energy
Size
Micro Cap
Market Cap £7.90m
Enterprise Value £10.9m
Revenue £n/a
Position in Universe 1292nd / 1836

BUZZ-Aussie gold miner Blackham surges on finalising A-Cap Energy JV

Wed 30th January, 2019 3:28am
** Shares of Blackham Resources Ltd  BLK.AX  rise as much as
20 pct to A$0.060, their highest since July 18 last year
    ** Gold miner finalised JV agreement with cobalt and nickel
explorer A-Cap Energy Ltd  ACB.AX , for which A-Cap will pay
initial A$2.9 million ($2.09 million) at 20 pct interest in the
reserved minerals located on Wilconi Project Tenements
 urn:newsml:reuters.com:*:nASX1xq9wf
    ** On Dec 20, A-Cap and Co entered into JV agreement to
acquire 75 pct farm-in interest in cobalt, nickel and associated
reserved minerals of the tenements 
    ** Stock posts biggest intraday pct gain since March 8; on
track for third consecutive session of gain
    ** About 24.1 mln shares change hands, compared with the
30-day average volume of about 4 mln 
    ** Stock has fallen 43.3 pct in 2018


($1 = 1.3902 Australian dollars)

 ((Simran.Lakhotia@thomsonreuters.com;))
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