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Annual Report 2014

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Integrated Resources Group Limited

Integrated Resources Group Limited (ASX:IRG) is an Australian Listed Mining and Exploration Company.

 

The Company is focused on exploring and developing high grade copper deposits in Zambia to generate value for shareholders.

IRG is actively exploring its prospective flagship Kalengwa South Project and plans to grow its portfolio of quality exploration projects to become a major copper explorer and developer in Zambia.

Map of Kalengwa South Project Showing Prospect Areas and Historic Exploration Results

 

The Company also holds the Lyndon Base Metals project located in Western Australia.

Proactive Investors

Fortescue Metals, Soilsub Technologies among ASX Volume Leaders

Friday's ASX Volume Leaders at the close.

CompanyCodeLastChangeVolume
Fortescue Metals FMG $2.940 2.80% 42,900,079
Soilsub Technologies SOI $0.002 0% 39,329,531
Quest Petroleum QPN $0.001 0% 33,001,667
Medibank Private MPL $2.170 -0.46% 32,804,689
Telstra TLS $5.690 -0.87% 31,994,655
Birimian Gold BGS $0.017 -10.53% 26,942,468
Qantas QAN $1.920 6.96% 24,111,813
FAR Ltd FAR $0.094 -6% 21,806,834
Mirabela Nickel MBN $0.035 12.90% 21,424,781
Quickflix Ltd QFX $0.003 0% 20,509,711

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Rewardle Holdings offers sophisticated digital marketing strategies

Rewardle Holdings (ASX:RXH) listed on the ASX on the 7th October led by an experienced entrepreneurial team with a background in internet and media businesses.

It is a technology service provider to local SME merchants in the converging worlds of social media, marketing, mobile and payments.

The company harnesses mobile computing, cloud based software and big data analysis to provide local SME merchants with the digital engagement tools and business intelligence used by large retail brands.

On November 24th, Rewardle launched its Enterprise Edition for large corporates, which is a white label edition that permits custom branding.

The licensing of the Enterprise Edition to corporate clients represents a new potential revenue stream for the company with licensing fees to be negotiated on a case by case basis.

A live beta trial of the Enterprise Edition has been in operation for the past 2 months in collaboration with a small, multi-location group with a sophisticated marketing capability.

Rewardle will continue working with this partner as a live beta for the foreseeable future to continue developing and enhancing the offering.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

OGI Group raises $6M for Mozambique graphite

OGI Group (ASX:OGI), which recently acquired alluvial diamond and graphite projects in Mozambique has raised $6 million through the issue of equity loans which will convert to shares following shareholder approval at its upcoming Extraordinary General Meeting.

The loans have a coupon rate of 10% and will convert to an effective price of $0.20 per share following a 1 for 67 consolidation of share capital.

As a result of the strong support received for the issue, the company will now proceed with a prospectus to raise a further $3.5 million.

OGI is presently finalising underwriting agreements and will continue its current suspension until these contracts have been finalised.

Under the terms of the prospectus, existing shareholders will be given a priority right to increase their holdings for a minimum of $2,000 at $0.20 per share.

OGI will deploy some of the first tranche of funds to immediately commence an intensive exploration program at its Save River alluvial diamonds project to delineate and develop the prospects.

This project, comprising two concessions covering 22,000 hectares is located downstream from the prolific Marange fields in Zimbabwe.

OGI holds interests of 51% and 52% in these tenements respectively.

OGI also acquired six graphite tenements in the Balama graphite province, Cabo Delgado.

These prospects are located in close proximity to major graphite discoveries recently made by Syrah Resources (ASX:SYR) and Triton Resources (ASX:TON).

Exploration work conducted in September and October proved high grade graphite mineralization through outcrops and shallow drilling.

OGI intends to recommence exploration work with an airborne electromagnetic survey over all its graphite licenses in January 2015 followed by a resource drilling program and scoping study up to the end of 2015.

The anticipated cash flow from its diamond project together with its strong cash balance following current capital raisings provides the company with the financial flexibility to accelerate its graphite exploration and eventual mining.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

DGR Global secures short term debt funding

DGR Global (ASX:DGR) has entered into a short term secured C$2 million debt facility with Maxit Capital.

The facility has been guaranteed by Nicholas Mather, a Director and major shareholder of the company.

DGR has been working on a strategy to explore debt-based funding options for financing generative and development programs without resorting asset sales or discounted equity issues.

The loan is for planned expenditures and working capital, whilst the overall maturation of its current asset base continues.

DGR holds a number of listed assets that combined, outweigh its current market cap.

These include 18% of Orbis Gold (ASX:OBS) which has recently attracted a $0.65 takeover offer; a 25% interest in Armour Energy (ASX:AJQ), 10.9% in SolGold (LSE:SOLG), 14% in AusNiCo (ASX:ANW) and 28% in Navaho Gold (ASX:NVG).


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quest Petroleum, Mirabela Nickel among ASX % Gainers intra-day

Friday's leading % Gainers on the ASX intra-day.

CompanyCodeLastChangeVolume
Quest Petroleum QPN $0.002 100% 25,501,667
Sth American Ferro SFZ $0.006 100% 350,000
Intercept Minerals IZM $0.003 50% 450,000
Wollongong Coal WLC $0.015 36.36% 54,250
Quantum Resources QUR $0.004 33.33% 1,833,334
Hill End Gold HEG $0.005 25% 150,000
Kangaroo Resources KRL $0.010 25% 500,000
Aurora Minerals ARM $0.032 23.08% 254,000
Mirabela Nickel MBN $0.038 22.58% 10,118,297
Erin Resources ERI $0.006 20% 400,000

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

8common expands software solutions into Asia

8common Limited (ASX:8CO) has unveiled further expansion into the HR software solutions space with a partnership with Microimage HCM Asia.

This comes on the back of its recently announced proposed acquisition of an established SaaS delivered HR survey product.

HR solutions are complex requiring strong methodology, experience and comprehensive support resources. The Microimage solution suite demonstrates these qualities and has been delivered to clients globally since 1995.

Since its IPO August 2014, 8common has moved quickly to form new partnerships to enhance its offering within its Travel and Expense (Expense8) and Real Estate (Realtors8) product verticals.

The Realtors8 business has continued to make strong progress with its revamped product in late June receiving positive feedback and new partnerships.

Custom Design revenue for the first quarter of the 2015 financial year recorded year on year growth of 96.4%.

Realtors8 recently entered into key strategic partnerships that will support both product and marketing ambitions.

Partnerships have been formed with the MobileAds and Dynamic Creative digital ad platforms.

Realtors8 provides a content management platform to realtors with a core base of subscribers in North America, and receives recurring subscription fees as well as a growing product and services model.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

eCargo Holdings trades 2.8 million shares in first hour of public life

eCargo Holdings (ASX:ECG) hit the Australian Stock Exchange boards today Friday 28th November, at 11am AEDST today.

Trading has been brisk with close to 2.8 million shares changing hands in the first hour, in a range from $0.365 to $0.415.

The company has around 88.4 million CHESS Depositary Interests (CDI's) listed.

Under the IPO there were 100 million CDI's offered, with the total following the offer being around 550 million.

eCargo provides integrated online and offline supply chain operations for merchants seeking to broaden their reach to Chinese consumers, and is focused on the rapidly evolving Chinese eCommerce industry.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Rimfire Pacific Mining assays gold in new zone at Sorpresa

Rimfire Pacific Mining (ASX:RIM) has delivered further strong gold results from a 12 hole reverse circulation drilling program at the Gap target within its Sorpresa project in New South Wales.

Highlights include 9 metres at 1.88g/t gold from 43 metres, 2 metres at 6.45g/t gold from 46 metres, and 1 metres at 7.49g/t gold from 33 metres.

Drilling intersected a new gold area; these results are being incorporated into the resource estimation model, currently under construction and near completion.

Further drilling is warranted to determine the extent of this new gold position, which remains open in the shallow oxide zone towards Trench 31.

Results at the Gap demonstrate the capacity of the Sorpresa mineralized system to provide extension and continuity north of the Trench 31 area.

The drill program is ongoing with more holes to be drilled. Shortly RIM will proceed to regional prospect drilling at Carlisle.

Historic intersections at Sorpresa include 14 metres at 24.4g/t gold, 30 metres at 2.39g/t gold, 12 metres at 394g/t silver and 20 metres at 230g/t silver.

In addition to gold and silver, the broader Sorpresa project area is prospective for platinum and base metals.

The company holds over $1.3 million cash as at 14th November.

Rimfire Pacific Mining has assayed 9 metres at 1.88g/t gold from 43 metres, 2 metres at 6.45g/t gold from 46 metres, and 1 metres at 7.49g/t gold from 33 metres.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Eureka Group to make raising, acquisition

Eureka Group Holdings (ASX:EGH) is preparing to divulge details of a capital raising for further village acquisitions.

The company provides quality and affordable rental accommodation for seniors and disability pensioners, with all communities owned or managed by the company.

The company owns a small, but rapidly expanding portfolio of accommodation villages, and is a property asset manager of 25 villages nationally
with 1,409 units managed at the date of this AGM.

Eureka will own 312 units following the settlement of the Elizabeth Vale 2 acquisition in January 2015.

The halt will remain in place until the opening of trade on Tuesday 2nd December 2014, or earlier if a announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.