AIM Resources: ASX Announcement |
20 February 2008
APPOINTMENT OF SALES ADMINISTRATION SERVICES PROVIDER FOR THE PERKOA ZINC PROJECT
AIM Resources Limited (“the Company”, “AIM Resources”) (ASX: AIM; AIM: AIMR) is pleased to announce that it has appointed Transamine SAS (“Transamine”) to provide Sales Administration Services for the Perkoa Zinc
Project in Burkina Faso. Transamine is an international metals trading company, which specialises in ores and concentrates.
Under the agreement, Transamine will provide logistical and administrative services for the transportation of zinc concentrate from the load port at Abidjan, in Côte d'Ivoire, to various smelting customers worldwide.
In announcing the partnership with Transamine, AIM Resources Chief Executive Officer Bill Cash said, “We are pleased to have been able to secure an agreement with Transamine to provide comprehensive services, which will remove
the need for AIM Resources to set up its own internal Sales Administration Department.”
“Transamine will take responsibility for day to day functions such as overseeing product movement from mine to customer, chartering vessels as required, invoicing sales and monitoring customer payments, supervising product
assay exchanges and final accounting for each shipment of Perkoa zinc concentrates.”
Transamine is an independent and privately owned international trading company with over 55 years experience in the non-ferrous industry. Through its long term commercial connections and recognised marketing expertise,
Transamine has assisted various major and emerging mining and smelting companies. Transamine’s global network and its reputation for thorough follow-up will be of substantial benefit to AIM Resources.
Transamine’s sales administration office is based in Paris France, and is staffed by experienced, multi-lingual employees who already maintain close contact with AIM Resources’ future buyers. Burkina Faso and Côte
d’Ivoire, through which the concentrates will transit, are Francophone countries and Transamine‘s French speaking staff will be very useful in providing efficient translation and communication. In addition, being in the same time zone as the Perkoa
mine and some of Perkoa’s major customers is also advantageous.
Mr Helge Schmidt, of Transamine said, “We are honoured to have been chosen to carry out these very important commercial tasks for AIM Resources and the Perkoa Mine”.
To download the full ASX Announcement please click
here.
Should you require further information please contact:
Bill Cash
Managing Director - AIM Resources
+ 61 2 9357 9000
James Moses
Professional Public Relations
0430 038 338
AIM RESOURCES LIMITED
ABN 63 009 193 980
Level 2, Suite 201
80 William Street
Sydney NSW 2011
t 61 2 9357 9000
f 61 2 9332 1336
Website www.aimresources.com.au
Email info@aimresources.com.au
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Blackthorn Resources Limited
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DEVELOPMENT STAGE |
CODE : AIM.AX |
ISIN : AU000000AIM1 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Blackthorn Res is a zinc and nickel development stage company based in . Blackthorn Res develops zinc, nickel and silver in Burkina Faso, and holds various exploration projects in South Africa. Its main asset in development is PERKOA in Burkina Faso and its main exploration properties are MUMBWA in Zambia and MOKOPANE in South Africa. Blackthorn Res is listed in Australia. Its market capitalisation is AU$ 374.1 millions as of today (US$ 244.1 millions, € 228.1 millions). Its stock quote reached its highest recent level on January 04, 2008 at AU$ 1.60, and its lowest recent point on December 01, 2008 at AU$ 0.01. Blackthorn Res has 1 068 849 953 shares outstanding. |