micky468
- 08 Feb 2007 10:29
FOR IMMEDIATE RELEASE 8 February 2007
Brinkley Mining Plc
("Brinkley Mining" or "the Company")
Agreement signed to source additional Uranium Projects
Brinkley Mining Plc (AIM: BRM), is pleased to announce that it has entered into
an Agreement to source additional uranium projects in South Africa with one of
the Brinkley Group's Economic Empowerment Partners, Blue Nightingale 709
(Proprietary) Limited ("Blue Nightingale").
Under the terms of the Agreement Blue Nightingale will offer a right of first
refusal on any uranium projects in South Africa to the Brinkley Group. In
consideration, Brinkley Mining will issue 6 million fully paid ordinary shares
in the Company to Blue Nightingale. These shares will be subject to a 12 month
lock-in arrangement and will be issued within 20 days after Blue Nightingale
has obtained approval of this arrangement from the Reserve Bank of South Africa.
Blue Nightingale is the Brinkley Group's joint Economic Empowerment Partner over
5 Prospecting Applications in the Karoo region of South Africa and also is a
25% shareholder in Western Uranium (Proprietary) Limited, a subsidiary of
Brinkley Mining. Blue Nightingale has a management team with mining and
commercial expertise and experience. Its principals comprise experienced
practitioners in a wide range of business activities, including mineral-resource
management, corporate finance, project management and the provisioning of legal
and business accounting services.
Gerard Holden, Executive Chairman of Brinkley Mining, commented:
"Brinkley Mining is delighted to have expanded our relationship with Blue
Nightingale. We all view this as an important step in enhancing the Company's
portfolio of uranium properties whilst working together with one of our partners
Blue Nightingale."
survived87
- 25 Jan 2008 18:02
- 122 of 134
also note that this share seems to be being talked down on some boards (e.g. LSE - thats London South East - not London Stock Exchange) ..... so whether thats due to someones genuine concern to stop PI's losing money or because of a hidden adenda I don't know`....
hlyeo98
- 25 Jan 2008 22:34
- 123 of 134
disappointing!
survived87
- 26 Jan 2008 05:27
- 124 of 134
hlyeo98.... might be 'disappointing' but it would have been a 'surprise' if it had been any different. As mentioned before, this was a result of an appeal against an earlier refusal. Found the original RNS now. It's from 5 Feb 2007 ans says "In relation to the Flagfontein and Damsfontein / Blomfontein applications, the DME indicated to Western Uranium that it did not intend to grant the rights citing a lack of financial capacity of Western Uranium and an inappropriate work programme and budget."
14m cash at last interims. And main project, the Waterval concession remains on-going with the prospecting rights over that area already notarised and executed. Seems a few people took the dip after the announcement as a buying opportunity. So whether it is 'disappointing' or not depends on you perspective i.e. the entry price you bought in at.....
survived87
- 29 Jan 2008 16:47
- 125 of 134
not so bad after all, was it? back-up today +21%. now 5.9 / 6.3 .....
Master RSI
- 06 Apr 2008 23:32
- 126 of 134
Thre is still live on the Indicators though had a good rise after the news of the bid approach last Friday.......
Brinkley Mining says received an approach for company
LONDON (Thomson Financial) - Brinkley Mining Plc. said it has received an
approach that might lead to an offer for the company.
In a statement, the company said a further announcement will be made as and
when any firm proposal is made or if the talks are terminated.
Deutsche Bank has been raising its stake in the company and as of Feb. 22,
holds a 19.15 pct stake.
Master RSI
- 06 Apr 2008 23:37
- 127 of 134
From The Times -- April 5, 2008
Brinkley Mining, the uranium explorer with rights to reserves in South Africa but whose prospecting rights in Congo are in doubt, rose 2.3p to 6p after it said that it had received a bid approach.
The Telegraph - April 5, 2008
Brinkley Mining rose 2.3 to 6.5p after revealing it had received a takeover approach. The UK-based company floated on Aim at 50p in June 2006.
robertalexander
- 20 May 2008 16:11
- 128 of 134
deleted : - as Master RSI has inserted info for me and shown me how below
Alex
Master RSI
- 20 May 2008 16:41
- 129 of 134
20 May 2008 ---Brinkley Mining Plc
Chad Exploration Permits
Brinkley Mining is pleased to announce that its wholly-owned Chad subsidiary, Brinkley Exploration (Tchad) S.A. ('Brinkley Exploration'), has been granted three exploration permits in Chad. The three permits include Ribao, Zalbi and Massonebare which together cover an area of 423km in the Mayo-Kebbi area of South West Chad adjacent to the Cameroon border (the 'Permits'). The Permits, which have been granted for a five year period expiring on 7 March 2013, provide for the exploration of uranium, gold and base metals. Osumare Investments Limited, Brinkley Mining's commercial partner in Chad, has a beneficial 30 per cent. interest in the Permits.
The Mayo-Kebbi region covers an area of approximately 8000km of exposed basement complex with syntectonic alkaline intrusions and Cretaceous platform cover with historical occurrences of copper, nickel, gold and tin. Following a wide-spaced airborne radiometric survey, uranium mineralisation was discovered in 1977 at Mandagzang. Subsequent diamond drilling confirmed disseminated mineralization within a syenite body in at least three holes with a reported best intersection of 29 meters at a grade of 761ppm Uranium. Shorter intercepts returned values in excess of 1 per cent. Uranium and surface investigations showed zones of supergene enrichment. The Zalbi Permit issued to the Company is contiguous with the Mandagzang discovery permit.
Recent work undertaken by Brinkley Mining includes stream sediment sampling with significant gold values identified at rates of up to 975ppb. A detailed 100 meter-spaced airborne survey has been conducted over the area by Brinkley Mining which has delineated a number of radiometric anomalies that are currently being followed up by ground surveys.
Brinkley Mining believes that the Mayo-Kebbi region has potential for uranium and gold mineralisation and the exploration of this region is part of the Company's broader strategy to develop its interests in prospective areas of Sub-Saharan Africa.
Brinkley Mining will provide a loan of up to US$5 million to Brinkley Exploration to finance exploration and drilling costs. Brinkley Mining has an option to acquire Osumare Investments Limited's 30 per cent interest in the Permits at market price should a feasibility study be completed in relation to the Permits. Brinkley Mining has also agreed to issue 5 million new Brinkley Mining ordinary shares to Osumare Investments Limited in respect of services and assistance provided to date.
Dunbar Dales, Chief Executive Officer, commented:
'We are pleased to be operating in South Western Chad. Our field crew is on the ground and has a detailed work programme to undertake. The aim of this current programme is to identify drill ready targets with the intention of starting drilling towards the end of 2008.'
Qualified Person
Kiran Morzaria has reviewed the information contained in this announcement. Kiran Morzaria holds a B. Eng Honours degree in Industrial Geology and a MBA in Finance. Kiran is a Non-executive director of Brinkley Mining. He has compiled, read and approved the technical disclosure in this regulatory announcement.
robertalexander
- 20 May 2008 16:46
- 130 of 134
master RSI
how do you do that?[links that is]
Do the charts still think BRM is one for the UPS after news that T/O 'bid' terminated and CEO departing at end of month? Chad permits may help?
Alex
Master RSI
- 20 May 2008 16:54
- 131 of 134
Alex
re - link
Is not easy as it must be add some extra signs in other to show here
Alex
re - link
<a href='(add address here) target='window'> </a>
Master RSI
- 20 May 2008 17:04
- 132 of 134
Master RSI
- 20 May 2008 17:20
- 133 of 134
YES
At least the company has changed the TOP ( CEO) and can do business as usual now
This price was already at the time of the aproach, so not much point in going lower
The share price is supported by cash, so I can not see downside, as the new permits have been positive news for the last couple weeks, and the new CEO is a way of changing direction as the share price have been going nowhere but down lately.
At the moment the Indicators are reaching oversold, so should see a movement up, share price have had capitulation yesterday and again this afternoon with the news
Indicators turning up at the end of the day