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Azumah Resources Limited

Published : August 01st, 2016

Converting Note Redeemed

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Keywords :   9/11 | Cash | Ghana | Gold |

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Converting Note Redeemed


Ghana focused gold explorer and developer Azumah Resources Limited (ASX:AZM) (�Azumah� or �the Company�) advises that it is to redeem its $2 million Converting Note provided by Ausdrill Limited (ASL: ASX)(�Ausdrill�) through the payment of $1 million cash and the issue of 22,727,273 shares at a price of $0.044 each, being the same price as the recently completed share placement and Shareholders Purchase Plan.

The preferred contractor status of Ausdrill and its African contract mining services subsidiary, African Mining Services (�AMS�) will continue until 1st August 2017.

Azumah and Ausdrill have worked closely since the Note was issued (refer ASX release dated 28th January 2014) to enhance and advance Azumah�s Wa Gold Project, in north-west Ghana (�Project�) and will continue to do so.

 

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Data and Statistics for these countries : Ghana | All
Gold and Silver Prices for these countries : Ghana | All

Azumah Resources Limited

DEVELOPMENT STAGE
CODE : AZM.AX
ISIN : AU000000AZM5
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Azumah Res. is an exploration gold company based in Australia.

Its main asset in development is WA in Ghana and its main exploration properties are KUNCHE and BEPKONG in Ghana.

Azumah Res. is listed in Australia. Its market capitalisation is AU$ 18.6 millions as of today (US$ 12.4 millions, € 11.5 millions).

Its stock quote reached its highest recent level on November 05, 2010 at AU$ 0.83, and its lowest recent point on August 02, 2019 at AU$ 0.01.

Azumah Res. has 582 569 984 shares outstanding.

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Corporate Presentations of Azumah Resources Limited
8/1/2007June 2007 Quarterly Report
Financings of Azumah Resources Limited
8/1/2016Converting Note Redeemed
6/20/2016Oversubscribed Placement & Share Purchase Plan
Nominations of Azumah Resources Limited
2/18/2010(Wa)Appointment Of Study Manager
Financials of Azumah Resources Limited
7/27/2016Quarterly Activities Report
Project news of Azumah Resources Limited
9/22/2016EPA Public Forums Successfully Held
9/14/20165,500m Drilling Campaign Commences
5/9/2016(Wa)Major Capital Cost Reductions Reposition Wa Gold Project
1/15/2013(Wa)Azumah Increases Wa Gold Resources 32%
5/15/2012(Wa)Azumah Commences Detailed Engineering for Wa Gold Project
10/6/2011(Wa)Azumah hits gold at two new prospects in heart of Wa Gold Pr...
4/6/2011(Wa)More high-grade results underpin WA Gold Project
3/8/2011(Kunche)Kunche Set For Resource Upgrade After More Outstanding Infil...
7/6/2010(Wa)New zones of mineralisation found
5/28/2010(Wa)Drilling Extends Existing Deposits and Confirms Multiple New...
4/6/2010Set to increase resources after more strong drilling results
3/24/2010(Wa)Boosts Resources to Over 1.1 Million Oz Gold
3/9/2010(Wa)Set For Resource Upgrade
2/1/2010(Wa)Completes Acquisition Of Three New Licences
1/27/2010(Wa)High-Grade Drilling Results to Support Resource Upgrade at W...
1/19/2010(Wa)New Zones Of Mineralisation Confirmed At Wa Gold Project, Gh...
11/6/2009(Wa)Raises A$4.24M To Accelerate Development Of Wa Gold Project
10/27/2009(Wa)Commits to 41,000 Metre Drilling Campaign
8/21/2009(Wa)Preliminary Mining Studies Indicate Robust Operating Margins...
6/29/2009High-grade Gold Intersections at Collette and Julie
6/1/2009(Wa)to Proceed with WA Project Purchase
5/19/2009(Wa)to Raise $5.25M to Rapidly Advance Ghana Gold Projects
2/26/2009(Wa)Drilling Commences At Bepkong and Kunche West
9/4/2008(Wa)Maiden 212,000oz Gold Resource for Bepkong Deposit - Total W...
8/26/2008(Wa)Encouraging Kunche Metallurgical Results
7/17/2008(Wa)Outstanding Drill Results Continue At Bepkong
5/27/2008(Wa)Drilling Underway to Upgrade Wa-Lawra Gold Resource
4/9/2008(Wa) Drilling Extends Bepkong Strike Zone by 1.5km
3/25/2008(Wa)Drilling Extends New Bepkong Discovery
3/12/2008(Wa)Drilling Underway at Bepkong, Butele and Basabli
3/11/2008(Wa) Drilling Underway at Bepkong, Butele and Basabli
2/20/2008(Wa)Bepkong Gold Discovery Confirmed
Corporate news of Azumah Resources Limited
6/22/2016Investor Update Clarification
6/21/2016Share Purchase Plan Booklet
6/21/2016Notice under ASIC Class Order 09-425 Cleansing Notice
5/30/2016Change of Director's Interest Notice x 3
4/27/2016CDT - Assignment of Julie West Sale Agreement
2/1/2016Extension of Converting Note
1/25/2016CDT - Change in substantial holding from AZM
1/20/2016CDT: Final Director's Interest Notice
1/20/2016CDT: Initial Director's Interest Notice
1/19/2016CDT - Appointment of Company Secretary
1/19/2016CDT - Board and Management Changes
12/4/2015Change of Director's Interest Notice x 3
12/4/2015Appendix 3B
11/26/2015Results of Meeting
10/30/2015Quarterly Cashflow Report
10/30/2015Quarterly Activities Report
9/28/2015Annual Report to shareholders
9/28/2015Appendix 4G and Corporate Governance Statement
9/2/2015Investor Presentation ADU Sept 2015
8/23/2015Appendix 3B
7/14/2015New Gold Anomalies Confirmed
7/1/2015Appendix 3B
3/23/2015Company Presentation March 2015
3/22/2015Feasibility Study Update
3/12/2015New Gold Anomalies Confirmed For immediate Follow-Up
3/12/2015Half Year Accounts
12/9/2014Change of Director's Interest Notice x 4
11/20/2014Results of Meeting
10/24/20142014 Annual Report on Website and Addendum to Annual Report
1/23/2014Azumah to Cease Being a Reporting Issuer in Canada
1/21/2014Amended Quarterly Activities Report Clarifying Table 1
1/19/2014Quarterly Activities and Cashflow Report
1/9/2014Appendix 3Y x 3
1/9/2014Appendix 3B
12/10/2013Azumah Resources Limited: Voluntary Delisting From Toronto S...
11/26/2013Placement to Advance Feasibility Study
2/18/2013Argonaut Securities Research Report
9/12/2012High-Grade Results at Julie to Underpin Mineral Reserve Upgr...
7/19/2012Resource Increase Expected For Julie Deposit
6/19/2012(Bepkong)Depth continuity to over 200m confirmed at Kunche and Bepkon...
3/12/2012(Wa)Azumah Lifts Resources At Wa Gold Project
2/29/20121.5km Anomalous Gold Trend Confirmed Between Flagship Deposi...
2/27/2012Azumah Completes C$20 Million Raising
1/20/2012Azumah Undertakes C$20M Capital Raising
12/1/2011Feasibility Study On Track for Completion Early 2012
9/14/2011Argonaut Securities Research Report
9/13/2011Africa Downunder Video Investor Presentation
8/30/2011RBC Capital Markets Research Report
8/29/2011Azumah to list on TSX
8/25/2011Impressive Infill Results From Julie
6/10/2011Stake in Castle Minerals Ltd Increased to 15.23%
6/9/2011Numerous promising targets now being drilled as part of wide...
5/30/2011Azumah builds strategic stake in Castle Minerals
4/29/2011Quarterly Activities Report for the Period Ending 31 March 2...
7/27/2010Quarterly Report for the Period Ending 30 June 2010
6/21/2010Completes A$11.6M Raising to Grow 1.1Moz Resource Inventory
5/29/2010A$11.16M Institutional Placement
5/19/2010BGF Equities Research Report
1/29/2010December Quarter 2009 Operations Report
11/12/2009Commences Drilling At Wa Gold Project, Ghana
10/20/2009Board Changes
7/31/2009 June 2009 Quarterly Report
7/1/2009Blackswan Equities Research Report
3/3/2009Strengthens Dominant Position in North-West Ghana with New G...
1/21/2009December 2008 Quarterly Operations Report
9/1/2008Mineralisation Confirmed at Basabli and Kuo Targets
7/29/2008 Secures Support of Macquarie Bank as Substantial Shareholde...
7/28/2008June 2008 Quarterly Activities Report
4/29/2008Quarterly Activities Report
4/23/2008Executive Chairman Acquires a Further 3 Million Azumah Share...
8/20/2007 Multiple Gold Zones Identified at Kunche East
7/19/2007New Gold Zones Discovered Adjacent to Kunche Deposit
5/23/2007Drilling of New Gold Zones and Kunche Resource Extensions Co...
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