Ivanhoe Australia Limited: Proposed Company Name Change to Inova Resources Limited
Published : May 22, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Australia | Copper | Gold | Market | Molybdenum | Rhenium |

MELBOURNE, AUSTRALIA--(Marketwired - May 22, 2013) -

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO US PERSONS

Ivanhoe Australia Limited (TSX:IVA)(News - Market indicators) will propose a special resolution at its Annual General Meeting on 28 May 2013 to change the company's name to Inova Resources Limited.

The re-naming of the company underlines the significant changes that have occurred over the past year, including Board renewal, the appointment of a new CEO and the emergence of a clearer direction for the company.

Under the direction of the new Board and CEO, the company has adopted a more disciplined focus on operations, project development and exploration underpinned by strong technical expertise, to deliver commercial outcomes.

Accordingly, the company has renewed its focus on the development of the Merlin Molybdenum and Rhenium Project, with the continuation of the value engineering work aimed at improving project value. In addition, it intends to progress the Mount Elliott / SWAN copper-gold project and continues to progress the value-generating potential from its extensive exploration portfolio in the highly prospective and productive Cloncurry mineral region.

"Inova Resources will bring renewed rigour and technical capability to develop innovative options for our high quality projects such as Merlin," CEO Bob Vassie said.

"Our comprehensive footprint in the Cloncurry region combined with our operating capability and substantial existing infrastructure, support the continued realisation of potential for the company."

The opportunity to re-name the company follows the finalisation of an agreement between the company's former Chairman, Robert Friedland, and its majority shareholder, Turquoise Hill Resources Limited. That agreement required Canadian-based Turquoise Hill (formerly Ivanhoe Mines Limited) to change its name and subsequently applies to Ivanhoe Australia Limited by way of a special resolution to be put the shareholders at the AGM.



Ivanhoe Australia Limited
Stephen Nossal
Senior VP Corporate Development
+61 3 9090 8800
stephenn@ivancorp.net
www.ivanhoeaustralia.com
Data and Statistics for these countries : Australia | All
Gold and Silver Prices for these countries : Australia | All

Ivanhoe Australia Limited

EXPLORATION STAGE
CODE : IVA.AX
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Ivanhoe Australia is a copper and gold exploration company based in Australia.

Ivanhoe Australia develops copper, gold, molybdenum and rhenium in Australia.

Its main asset in development is MERLIN in Australia and its main exploration property is CLONCURRY/ SWAN - MT ELLIOT in Australia.

Ivanhoe Australia is listed in Australia. Its market capitalisation is AU$ 90.0 millions as of today (US$ 82.1 millions, € 60.5 millions).

Its stock quote reached its highest recent level on December 04, 2009 at AU$ 4.24, and its lowest recent point on June 07, 2013 at AU$ 0.10.

Ivanhoe Australia has 418 410 103 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Nominations of Ivanhoe Australia Limited
5/27/2013Chief Executive Officer's Address
1/15/2013Announces Company Secretary Appointment
6/28/2011Appoints Jim Askew as an Independent Non-Executive Director
Financials of Ivanhoe Australia Limited
7/29/2011Quarterly and Cash Flow Report for the Three Months Ending 3...
5/2/2011Quarterly and Cash Flow Report for the Three Months Ending 3...
5/2/2011's Quarterly and Cash Flow Report for the Three Months Endin...
Project news of Ivanhoe Australia Limited
2/24/2011(Cloncurry/ Swan - Mt Elliot)Drilling Continues to Intersect High-Grade Copper and Gold M...
12/8/2008High-Grade Molybdenum and Rhenium Discovery Confirmed by Iva...
Corporate news of Ivanhoe Australia Limited
10/24/2013Inova Resources Limited: Shanxi Donghui Conditional Takeover...
10/17/2013Inova Resources Limited: Shanxi Donghui Receives Chinese NDR...
10/6/2013Inova Resources Limited: Shanxi Donghui Conditional Takeover...
9/27/2013Inova Releases Target's Statement
9/19/2013Inova Resources Limited: Updated Starra 276 Mineral Resource...
9/13/2013Inova Resources Limited: Shanxi Donghui Dispatches Bidder's ...
9/5/2013Inova Resources Limited: Positive Initial Gold Results from ...
8/30/2013Inova Resources Limited: Shanxi Donghui Lodges Bidder's Stat...
8/21/2013Inova Resources Limited: Intended Takeover Offer
7/31/2013Inova Resources Quarterly Report for the Three Months Ending...
7/9/2013Market Update on Inova Resources' Exploration and Drilling P...
6/17/2013Name Changed to Inova Resources Limited
5/22/2013Proposed Company Name Change to Inova Resources Limited
4/23/2013Appoints Highly Experienced Geologist, Mark McGeough, as Gen...
4/11/2013Response to Media Article
3/19/2013Production Successfully Commenced at Starra 276 Underground ...
2/11/2013Revised Share Trading Policy
1/29/2013Pro-Rata Entitlement Issue Shortfall Placement
1/7/2013CORRECTION FROM SOURCE: Ivanhoe Australia Announces New Mana...
10/31/2012Quarterly Report for the Three Months Ending 30 September 20...
9/19/2012Upgrade to Mineral Resource; Over 60% Increase in Contained ...
8/31/2012Sale of Exco Limited Shares
8/23/2012Sale of Exco Resources Limited Shares
8/16/2012Strategic & Business Review Complete
7/30/2012Secures US$50 Million Working Capital Facility
6/26/2012First Phase of Strategic and Business Review
6/15/2012First Shipment of Concentrate From the Osborne Copper-Gold P...
6/8/2012Change of CEO
4/30/2012Significant Drilling Results at Ivanhoe Australia's Kulthor ...
4/12/2012Announces Board Changes
3/8/2012Achieves Producer Status
1/31/2012Accesses Very High Grade Little Wizard Molybdenum & Rhenium ...
1/19/2012Significant High-Grade Copper-Gold Intercepts in Resource De...
1/12/2012Receives $30.1 Million Distribution From Exco Resources' Ass...
10/28/2011Osborne Copper Gold Project on Track to Advance Ivanhoe Aust...
10/13/2011Completes Acquisition of 80% Interest in Exco Joint Venture ...
10/5/2011Foreign Investment Review Board Approval for Ivanhoe Mines t...
9/16/2011to Raise Up to A$150 Million Net Proceeds
4/20/2011Clarifies its Position on Exco Resources Limited's Market Re...
10/30/2009Quarterly Report to 30 September 2009
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AUSTRALIA (IVA.AX)
0.215+0.00%
AUSTRALIA
AU$ 0.215
11/27 13:56 -
0%
Prev close Open
0.215 0.215
Low High
0.215 0.215
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.215 -%
Volume 1 month var.
147,600 -%
24hGold TrendPower© : 18
Produces
Develops
Explores for Copper - Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.48+5.87%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.30+0.88%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 3.10-2.52%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.58-1.03%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.14-6.90%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.65-1.85%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.09+0.42%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-3.92%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.36-1.37%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.91+2.69%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 67.92+5.89%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+6.06%Trend Power :