Posts Tagged ‘NAV’

Share Purchase Plan: Navigator Resources

Thursday, July 8th, 2010

Navigator Resources (NAV) announced on the 7/7/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 6/7/2010 on which shareholders must own the share to participate in the SPP. The closing date is 2/8/2010. Shares will be issued on 5/8/2010 and begin trading on 6/8/2010. A maximum of $15,000 can be purchased by each shareholder at $0.17.

Discount : 5.6% Liquidity : Poor Profitability : Ok  Stability : Poor

www.navigatorresources.com.au

* Note: Discount is based on the closing price on the 7 July 2010.

Navigator Resources Share Purchase Plan

Thursday, May 28th, 2009

Navigator Resources (NAV) announced on the 27/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 10/6/2009.  Shares are to be issued on 15/6/2009 and begin trading on 17/6/2009.  A maximum of $5,000 can be purchased by each shareholder at a 15% discount to the volume wieghted average price (VWAP) prior to issue.  

Discount : 15% Liquidity : Poor Profitability : Ok Stability : Poor

www.navigatorresources.com.au

* Note: Discount is based on the closing price on the 27 May 2009.

Navigator Resources Share Purchase Plan

Thursday, May 28th, 2009

Navigator Resources (NAV) announced on the 27/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 10/6/2009. Shares are to be issued on 15/6/2009 and begin trading on 17/6/2009. A maximum of $5,000 can be purchased by each shareholder at a 15% discount to the volume wieghted average price (VWAP) prior to issue.

Discount : 15% Liquidity : Poor Profitability : Ok Stability : Poor

www.navigatorresources.com.au

* Note: Discount is based on the closing price on the 27 May 2009.

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

Navigator Resources To Buy Bronzewing Gold Project

Friday, April 3rd, 2009

Navigator Resource Limited (NAV) advises that it has entered into a conditional agreement to purchase the assets of the Bronzewing Gold Project from the Aministrators of View Gold Pty Ltd and View Resources Limited (Subject to Deeds of Company Arrangement). The purchase price for the acquisition of the Bronzewing Gold Project is A$9.55M plus the assumption of various environmental bonding obligations totalling A$6.45M. 

The Bronzewing Gold Project, located approximately 83km northeast of Leinster and 800km northeast of Perth, comprises the Bronzewing and McClure group of mines within a semi-contiguous landholding of approximately 1,000km2. The Bronzewing deposit was discovered in 1992 and was developed at an initial cost of US$59M in 1994. Normandy Mining acquired the Bronzewing operation in 1999 and was subsequently taken over by Newmont Mining in 2002. 

http://www.navigatorresources.com.au/