Argonaut Advises Sino Gas on Strategic Partnership to Develop Sanjiaobei & Linxing CBM Gas Projects with MIE
Argonaut Advises Sino Gas on Strategic Partnership to Develop Sanjiaobei And Linxing CBM Gas Projects With MIE. Sino Gas & Energy Holdings Limited (Sino Gas) and MIE Holdings Corporation (MIE) are delighted to announce a strategic partnership to develop the Sanjiaobei and Linxing PSCs in Shanxi Province, China. The partnership will combine MIE’s financial strength, on-ground operational capability and Chinese regulatory experience with Sino Gas’ gas projects and technical expertise.
Goldminers Piling Up Cash
Goldminers piling up cash: The Australian Financial Review, Brendon Lau. Gold producers are accumulating cash at a faster rate than most others in the mining fraternity, and the strategic investment by Northern Star Resources offers a small taste of what is likely to come.
Matrix Raising $36.7M
Matrix Composites & Engineering has been forced to launch a discounted $36.7 million capital raising to shore-up its balance sheet after a technical breach of its debt covenants. The company, which specialises in manufactured products for the oil and gas and resources industries, announced today that it would seek to raise $25.9 million in an institutional placement priced at $2.10 and separately raise $10.8 million in a one-for-15 non-renounceable rights issue, also priced at $2.10
Enerdrill to the Rescue
TRANSERV Energy and its Warro joint venture partners may have found a solution to the lack of suitable drilling equipment for onshore oil and gas projects in Western Australia. A new WA-based drilling company, Enerdrill, has been formed to provide a new source of drilling rigs and equipment to the onshore oil and gas industry.
Argonaut Announces Two Senior Appointments
Argonaut is delighted to announce the appointment of two senior mining professionals; Ben Lane & Adam Miethke. Joining as Directors in Corporate Finance and Metals & Mining Research, Ben and Adam have spent over 3 years...