New kid on the block, tungsten on the rise and all this in devon....what devon ?.....yes : devon...by jove....!.

RNS Number : 5453C

Wolf Minerals Limited

18 March 2014

18 March 2014

Wolf Minerals Limited

Update on ASX Voluntary Suspension

Further to the Australian Securities Exchange ("ASX") voluntary suspension request of 14 March 2014, specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf", the "Company") advises it is finalising the documentation for an announcement regarding the proposed capital raising and it is now anticipated that an announcement will be made prior to the commencement of normal trading on the ASX on Wednesday 19 March 2014. The Company's ordinary shares continue to trade on AIM during this period.

A further announcement will be made in due course.

GBP99.2m Fundraise for Tungsten-Tin Project

Looking more positive.

Notice of General Meeting


Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf", the "Company") is pleased to announce that, pursuant to the Fundraise announced on 18 March 2014, it has today sent to shareholders amongst other things a Notice of General Meeting incorporating an explanatory statement and independent expert's report. The General Meeting is being convened at 10.00 a.m. Western Standard Time on 13 May 2014 at The Celtic Club, 48 Ord Street, West Perth, WA 6005, Australia.

The purpose of the General Meeting is to approve the Fundraise and, inter alia, approve the issue of shares to Resource Capital Fund V L.P. and TTI (NZ) Limited.

Copies of the General Meeting notice are now available on the Company's website, www.wolfminerals.com.au.

Numis Buy 17.13 17.13 - 23.00 Reiterates

Hemerdon Tungsten Project Construction Update

Specialty metals exploration and development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to provide an update on construction at its world class Hemerdon tungsten and tin project in Devon, in southwest England, following the successful completion of its £99.2m fundraise last week.

The project's Engineering-Procurement-Construction (EPC) contractor, GR Engineering Services Limited (ASX: GNG) (GRES), was formally authorised to commence the construction phase of the project in February, and a Ground Breaking ceremony was held at the project in March to mark the commencement of the project.

Wolf now advises that construction is well underway and is progressing on schedule. GRES is currently scheduled to finish the plant and hand it over to Wolf in the third quarter of 2015.

The Company's project management team, led by Project Manager Rupert McCracken and Operations Manager Jeff Harrison, is in place and there are currently more than 100 people working at the site.

The initial phase of construction activity at the project has been site preparation, which is now almost complete. Earthworks at the processing plant site are almost complete, and the site is being cleared and old plant infrastructure is being demolished. It is anticipated that that the site will be totally cleared by early June 2014. The first concrete pour for the project's processing plant took place in late May.

Wolf has also commenced an extensive tree-planting program at the Hemerdon site with over 40,000 trees planted.

The Company is currently working to complete construction of the mine access road, and the mine haul road, which will facilitate haulage of waste from the mine's open pit to the project's waste facility.

Construction of the project's mine waste facility is expected to commence in the near future. This will be one of the key components of the project and is one of the major undertakings in the project's construction phase.

Change of Advisor

Appendix 3B

Admission of Shares and Total Voting Rights

Work starts on £130m Devon tungsten mine

Wolf Minerals sees strong demand for tungsten as brings Devon project into production

A mention here @13:50 minutes in, and Jasper Carrot thrown in!

Managing Director Remuneration Arrangements

Quarterly Activities Report

Highlights from the June 2014 Quarter include:

Hemerdon

· Successful completion of A$182.7 million Fundraise and Share Purchase Plan to finalise funding of the Project through to positive cash flow.

· Construction progressing well - on track and on budget. Site clearing and haul road completed with structural concrete placement well advanced.

· Development expenditure of A$24.9 million for the quarter.

· Drilling of six diamond drill holes to provide geotechnical information to review pit slopes with intention to steepen slopes and increase ore reserves underway.


Corporate

· Numis Securities appointed as new nominated adviser and broker for its AIM listing.


Appendix 5B

Publication of Updated Corporate Investor Presentation

Annual Report

Highlights for the year include:


· On track to deliver first new metal mine in UK for over 40 years.

· Successful completion of A$182.7 million Fundraise and Share Purchase Plan to finalise funding of the Project through to positive cash flow.

· Construction progressing well - on budget and on schedule. Site clearing and haul road completed with structural concrete placement well advanced.

· Drilling underway of six diamond drill holes to provide geotechnical information to review pit slopes with intention to steepen slopes and increase ore reserves.

· Drakelands Mine on schedule to commence production by Q3 2015.

· Appointment of Russell Clark as Managing Director.

· Appointment of Ronnie Beevor and Nick Clarke as independent directors.

Wolf Minerals to Draw Down £75M Senior Debt Finance Facilities

finnCap Buy 16.13 15.75 - 22.00 Initiates/Starts

Publication of Updated Corporate Investor Presentation

Specialty metals exploration and development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf, the Company) is pleased to announce that an updated corporate presentation is now available for download from the Company's website, www.wolfminerals.com.au.

Why is the price so low ?

Russell Clark, MD, Wolf Minerals discusses the recent company activity with BRR Media.

Click here

I know about the activity , but why is the price so low ?

because hard commodity prices in general are getting whacked, primarily through overproduction and chinese demand softening