Malachite Resources NL

Published : April 27th, 2015

Share Purchase Plan Closing Date Extended

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Keywords :   Gold | K Street | Market |

Share Purchase Plan Closing Date Extended

ASX AnnouncementASX Code: MAR 27 APRIL 2015

CLOSING DATE FOR SHARE PURCHASE PLAN EXTENDED


Malachite Board is currently offering shareholders the opportunity to participate in a Share Purchase
Plan ("SPP"). The SPP allows eligible shareholders to purchase shares in the Company at 0.5 cents
per share. The Board has resolved to extend the Closing Date for the SPP from 30 April 2015 to
Tuesday 12 May 2015.
The funds raised by the SPP will be used by the Company for working capital purposes and subject to
$500,000 being raised pursuant to the SPP the Company intends to carry out exploration at its 100% owned Lady Mary prospect, which is located on EPM 18908, approximately 5km west of the Lorena Gold Project

LORENA GOLD PROJECT

As previously advised, Malachite has now advised BCD and its Receiver and Manager that BCD has not met its obligations to develop the Lorena Gold Project and that Malachite has a right to terminate the agreement with BCD. Accordingly, Malachite is now engaged in discussions with BCD's Receiver and Manager and interested third parties in relation to the ongoing development of the project.
Malachite confirms that it currently holds 100% unencumbered ownership of the Mining Licences relating to the Lorena Gold Project and that the project remains robust given its high gold grade. The Project has gold resource potential at depth, regional exploration potential, and gold processing opportunities, all of which enhance the project's viability.
Malachite will keep the market informed of all material developments in relation to the development of the Lorena Gold Project at the earliest opportunity.

About the Lorena Project

The Lorena Gold Project is located about 15km east of Cloncurry in northwest Queensland. It is expected that in the first year of production the Lorena project will produce around 30,000 ozs of recovered gold from an open cut operation at an all in cash cost of around A$900/oz. The Lorena gold project has potential for resource extensions at depth which requires confirmation by drilling which is expected to occur as soon as funding allows.

For further information, please contact Malachite Resources Limited on (02) 9251 0032 or by email at [email protected] or visit the company's website at www.malachite.com.au

Malachite Resources Limited

ABN 86 075 613 268

Suite 2, Level 10, 8-10 Loftus Street, Sydney NSW 2000

P O Box R1295, Royal Exchange NSW 1225

Tel: (02) 9251 0032 Fax: (02) 9475 0439

www.malachite.com.au

Read the rest of the article at www.noodls.com

Malachite Resources NL

EXPLORATION STAGE
CODE : MAR.AX
ISIN : AU000000MAR2
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Malachite Res. is a tin and lead exploration company based in Australia.

Malachite Res. holds various exploration projects in Australia.

Its main exploration properties are ELSMORE, MT LIDSTER, RIVERTREE, TOOLOOM, VOLGA, ABINGTON, CONRAD SILVER and DELUNGRA in Australia.

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Corporate Presentations of Malachite Resources NL
5/28/2008Lonsec Research Report- Resources Update (includes on Malach...
Annual reports of Malachite Resources NL
2008 Annual report
Project news of Malachite Resources NL
2/18/2011(Conrad Silver)ASX Announcement - Conrad Silver Project Update
2/11/2011Acquisition of Lorena Gold Project Completed
2/28/2010(Conrad Silver)New Work Extends Silver Mineralisation at Conrad
2/25/2010(Tooloom)Boardroom Radio Interview - Dr. Garry Lowder: Encouraging Ne...
1/11/2010(Tooloom)Drilling at Tooloom Gold Project Resumes after Bushfi
12/10/2009(Tooloom)Drilling at Tooloom Suspended due to Bushfires
10/20/2009(Tooloom)Drilling commenced at Tooloom Gold Project
9/7/2009(Delungra)Drilling to commence at Delungra
11/18/2008(Conrad Silver)ASX Announcement - Conrad Silver Project - Update
8/11/2008(Conrad Silver)Major Resource Upgrade for the Conrad Silver Project
8/4/2008(Conrad Silver)Conrad Silver Project - New Drilling Results Continue to Bui...
5/9/2008(Conrad Silver)Conrad Silver Project - Good Results continue
4/2/2008(Elsmore)INTERVIEW WITH MANAGING DIRECTOR
4/1/2008(Elsmore)New Tin Discovery at Elsmore Project
1/16/2008(Conrad Silver)Exciting Regional Potential at Conrad Silver Project
11/5/2007(Conrad Silver) Estimate over 10Moz of Silver Equivalent
10/8/2007(Conrad Silver)Spectacular New Results at Conrad Silver Project
8/13/2007(Conrad Silver)Resource Drilling at King Conrad Extended
6/3/2007(Conrad Silver)Conrad Silver Drilling Report #3
4/27/2006Silver drilling at Conrad highly successful: exciting…
Corporate news of Malachite Resources NL
7/14/2016Quarterly Activities and Cashflow Reports - June 2016
5/25/2016Shareholder Approval - Convertible Notes
5/24/2016Response to ASX Appendix 5B Query
12/16/2015Assays received from Lady Mary Prospect
12/4/2015Change of Director's Interest Notice - Andrew McMillan
12/4/2015Change of Director's Interest Notice - Terry Cuthbertson
12/4/2015Change of Director's Interest Notice - James Dean
11/30/2015Results of Meeting - AGM
11/26/2015Drilling Completed at Lady Mary Prospect
11/2/2015Quarterly Activities and Cash Flow Report
10/29/2015Notice of Annual General Meeting/Proxy Form
10/19/2015Appendix 3B - Convertible Note Rollover Fee Shares
10/1/2015AGM to be held 30 November 2015
9/30/2015Full Year Statutory Accounts - Year Ended 30 June 2015
9/30/2015Project and Corporate Update
9/2/2015Revised Terms Agreed re Sale of Conrad Silver Project
7/31/2015Quarterly Activities and Cashflow Report - June 15 Qtr
7/15/2015Proceeding with the Development of Lorena Gold Project
4/27/2015Share Purchase Plan Closing Date Extended
4/16/2015Share Purchase Plan Letter and Application Form
3/31/2015Trading Halt
3/16/2015Half Yearly Report and Accounts
3/2/2015MAROA Options Expire 31 March 2015
1/30/2015Quarterly Activities and Cash Flow Report - Dec 14 Qtr
1/22/2015Malachite Reviewing Position at Lorena Gold Project
1/21/2015Lorena Gold Project Update
1/21/2015Reinstatement to Official Quotation
1/21/2015Suspension from Official Quotation
1/15/2015Trading Halt
12/3/2014Appendix 3B - AGM approved Shares and Convertible Note
12/1/2014AGM Presentation
11/2/2014Convertible Notes
3/4/2011ASX Announcement - Placement Completed Raising $517,500
7/19/2010Quarterly Activities Report
5/26/2010Results of Meeting and Exploration Update
5/18/2010From Successful Explorer to Emerging Miner
4/29/2010Boardroom Radio Broadcast
1/28/2010Quarterly Activities Report
12/8/2009Completes $300k Placement
10/20/2009Boardroom Radio interview with Dr. Garry Lowder
10/15/2009form strategic alliance with Chinese Investor Group
9/4/2009Share Purchase Plan successfully raises $933,295
7/6/2009Tin Mining Plans Boosted by Results of Dry Processing Test W...
5/28/2009ASX Announcement - Placement Raises $312,140
3/11/2009(Audio) Audio Broadcast - 1.30 pm Today
2/17/2009(Audio) Interview with Dr. Garry Lowder - Exploration Update...
12/18/2008Interview with Dr. Garry Lowder - Upgraded Resource at Conra...
11/28/2008ASX Announcement - Directors Options to be Amended - Exercis...
11/7/2008Interviews with Dr. Garry Lowder
11/5/2008Tin Strategy
9/22/2008AGM to be held Tuesday 25 November 2008
9/17/2008Interview with Dr. Garry Lowder
8/20/2008ASX Announcement - Exploration Update
8/3/2008Silver Lining From Commodity Resurgence
7/24/2008June 08 Quarter Activities Report
7/2/2008Finance News Network - Interview with Dr. Garry Lowder
5/30/2008Lonsec Resources Update - Malachite Resources NL
4/23/2008(Video) Finance News Network Interview
2/11/2008Malachite Resources NL: ASX Announcement - Exploration Updat...
1/21/2008Quarterly Activities Report
12/18/2007Volga Drilling Further Update
12/14/2007Placement Raises $5.7m
11/21/2007Chairman's Address to the Annual General Meeting
11/19/2007Volga Project Update
11/16/2007 Placement of up to 20m Shares
9/17/2007Robust Mining Project Emerging
5/1/2007Exploration Update on Conrad Silver, Tooloom Gold and ISA re...
3/28/2007Conrad Drilling Update
2/28/2007Corporate Insights Interview
4/20/2006quaterly report ending 31 march 2006
1/26/2006More gold at Phoenix: deeper drilling enhances mine potentia...
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