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."
fliper
- 07 Mar 2007 17:07
- 27 of 134
Not sure about the two 16 mil trades . RNS looks like they are getting ready to start .
micky468
- 07 Mar 2007 19:01
- 28 of 134
it looking good fliper some good trades today .
hlyeo98
- 08 Mar 2007 12:20
- 29 of 134
This is starting to zoom upwards, micky. Well spotted!
micky468
- 08 Mar 2007 14:31
- 30 of 134
98 i sold this as lose when mining was hit bad not to happy about this one i hope it comes back down.a moment of madness..............lol......thats all i can do
fliper
- 08 Mar 2007 15:44
- 31 of 134
Well , great day for brm , anybody else on this ? I bet cynic is not !
micky468
- 08 Mar 2007 15:53
- 32 of 134
fliper did you buy
fliper
- 08 Mar 2007 16:04
- 33 of 134
Yes , missed the 17.5/18 window but got in at 19.5
micky468
- 08 Mar 2007 16:07
- 34 of 134
good buy fliper ............now look at (DCD)it a good buy
fliper
- 08 Mar 2007 16:22
- 35 of 134
It looks like the 34 mil trades the other day were buys , someone knows something .
hlyeo98
- 08 Mar 2007 17:28
- 36 of 134
BRM clearly is a BUY, something is brewing seriously.
micky468
- 08 Mar 2007 17:33
- 37 of 134
i told you 98
hlyeo98
- 08 Mar 2007 19:39
- 38 of 134
Thanks for the tip, micky.
micky468
- 08 Mar 2007 21:03
- 39 of 134
98/fliper...... This will start to full next week come back to 25p and hold i think but if it dose not then it will zoom upwards. 50p+........it was here a year ago; the thing that makes me think this will go up this time is....................................
As part of the above agreement with the CGEA, Brinkley Africa has entered into
an addendum to the original Memorandum of Understanding which provides for the
parties to incorporate a new company in the DRC. This new company is called
Societe d'Inspection des Matieres Nucleaires et des Substances Radioactive
("SOCIMAR"). SOCIMAR is mandated by the CGEA to conduct radiation testing and
certification of export materials with a view to implementing proper controls
and to restrict the illicit export of radioactive material. SOCIMAR will receive
a fee per unit certified.
Brinkley Africa will have board control of SOCIMAR and an approximate 40%
economic interest. A project implementation plan has been agreed with the CGEA
and the first personnel have been recruited. It is SOCIMAR's objective to have
the required controls operational at a number of border crossings in the next
four months.
hlyeo98
- 09 Mar 2007 12:46
- 40 of 134
Micky I think it is a good time to top up now
micky468
- 09 Mar 2007 13:47
- 41 of 134
i think this will come down 98 but here's one to look at (GLA)also it as shaers in......UraMin Inc (UraMin), in which Galahad holds 9.3% (8.4% fully diluted), have a look at the post
hlyeo98
- 09 Mar 2007 17:33
- 42 of 134
There is a 1.4 million buy at the end of the day
fliper
- 09 Mar 2007 18:02
- 44 of 134
Did they force the price down for this buyer ? 1.4 mil
micky468
- 09 Mar 2007 18:23
- 45 of 134
no fliper there a funny lot this will come down fliper also have alook at (GLA) i put a
thread or post wt ever earlier
hlyeo98
- 09 Mar 2007 20:48
- 46 of 134
driver, I think both VML and BRM are both very good shares to keep.