ARDB and Peko push $850,000 share issue in Norseman
The ARDB plans to issue 450,000 shares at 10 and Peko Wallsend 150,000 at 106 while Norseman Titanium seeks 299,998 each for inscription. The offering targets Ravenshope and Norseman Gold Mines holders with entitlements to Ravensthorpe and Norseman shares, aiming to boost capital to about $1.2 million issued and $1.8 million total. The deal includes freehold mines in Western Australia with reserves of 12.6 million tons of mineral sands and 1,406,000 tons of heavy minerals.
MENTIONED IN THIS ARTICLE
ARDB
Peko
Ipa
Yan
Ehpay
Tania Tove
Saus
Western Austra
Victoria
Nsw
Tasmanin
Queensland
Ravens
Norseman
Ereman God Minew NL
Iren
Norseman Gold Mine ND
Norseman and
Revensthorpe
Patrick Pacers
Sydney Stock Exchange Ltd
Ravensthorpe
Norse
Oman
Try Watt
Noreman Gold Mines
Noceemaan Alreadi Elds
Noreman Propores
Norse Union Titanium
Wesern Australia
US control likely for Ramsay
Bard Inc proposes a takeover of Ramsay Surgical, offering $3.15 per share for a majority stake. If accepted, Bard would gain control immediately, with several Bard directors joining Ramsay’s board as the Australian partners pursue expansion in electronica and hospital supplies.
MENTIONED IN THIS ARTICLE
CR. Bard Inc
Hag
Allio
Ramsay Surgical
Bard
Ramsay
Electronica
Hay Dasac
Further Nickel Assays for IMC Intersect Rich Sulphides
IMC Further Nickel assays show additional micaceous sulphides at Troughs veils and nearby zones with copper grades around 1.89 percent over intervals, while a second drill hole north of the initial intercept reports 7.2 percent lead 1 percent zinc and 1.55 percent copper in a low grade zone between 194 and 2224 feet. Directors note several holes intersected economic mineralization but the structure remains open to the south.
Hamilton seeks listing via Oliver-Davey takeover
Hamilton Industries Victoria Ltd, a Melbourne glass merchant, plans a backdoor listing through a partial takeover of Oliver-Davey Glass Industries Ltd. Hamilton holds 305,700 shares and has 267,725 acceptances, with 120,150 more offered. The move aims at effective control while keeping Oliver-Davey public.
MENTIONED IN THIS ARTICLE
Hamilton Industries
Victoria Ltd
Oliver-Davey
Glass Industries Ltd
Hanmilton
Tndasities
Olivers Davey
Port Melbourne
Airport West
Sprinevate
Burwood
Balllarat
Geelong
Hamilton
J. N. Marks
Matus
Market currents stir as rumours flood Australian markets
At the Sydney annual meeting Planet Metals Ltd chairman John G. Fuller warned that Australian markets wallow in rumours. He cited the undisciplined market and said the only practical response is to accept the situation while noting the space exploration tie in with ACT authorities and Western Australia sites like Orroral Valley and Carnarvon.
MENTIONED IN THIS ARTICLE
Planet Metals Ltd
John G. Fuller
Sydney
Australia
Amalgamated Wireless Astralasia
Lion
Yonr Aly
Sena
Sirace Saree Ray
Ite
Tihinhia
Act
National Aeronautics and Space Administration
S.oetwort
N ‘Awa
Poller
Orroral Valley
Carnarvon
Western Australia
Tenneco in Australia tie up
Houston reports Tenneco to enter minerals exploration in Australia via a tie up with the Marrens Group, gaining 50 percent interest in existing claims in Tasmania and Western Australia and any new prospects. Partners include Amalgamated, Petroleum INL, Apollo International Minerals NL, and Timor On Ltd. Prospects target lead, silver, nickel, chrome, and plasma.
MENTIONED IN THIS ARTICLE
Houston
Tenneco Comfine
Wis
Australia
Taximania
Western
Austra
New Australasia Firm AWA Re diffusion Ltd Formed
A new company named AWA Re diffusion (PI) Ltd was established through an agreement between Amalgamated Mireles (Australasia) Ltd and the Rediffusion group to explore opportunities in wired sound and television systems in Australasia.
MENTIONED IN THIS ARTICLE
Ose
Austeals
AWA Res Aiffusion (Pi) Ltd
Amalgamated Mireles (Australasia) Ltd
Resufusion Tneompany
Rediffusion Sroup
Burns Philp to quit ship business amid losses in 1930s
Burns Philp and Co Ltd announced at its Sydney annual meeting that it would abandon its island shipping operations, selling vessels and refocusing on remaining services. Chairman My J Jarrns cited unpalatable shipping losses, rising costs, and wage pressures as drivers behind the decision, with the Montoro and MV Tulagi already sold and a continued Hianti operation only to persist for a time.
MENTIONED IN THIS ARTICLE
Burns Philp and Co
Ely An bin Copie
J Jarrns
Sydney
Burns Philp
Hianti
Burns
MLV
Moresby
Directors of Cahills and Life Assurance Company Ltd
Directors announce the company plans to issue 140000 to 190000 new shares as part of a non specified business expansion. The interim dividend of 9 percent is already declared.
MENTIONED IN THIS ARTICLE
Cahills
Mat Life
Citzen
Asspcance Company Ltd
Ster ‘Made
Nessle
Chanpany
Austraiial Ltd
MLC Ltd
Yester
Busside
Ashured
Premi Lumss
Eat
Also Mentioned on This Page
Business & Economics
Adt
Peko Wallsend Td
Yesoety Neneman Tianiam
London
Poseidon
Lake Credits Co Pty
Northbourne Avenue
F.C
Sald Nwries
Min
Ali Deavour Minerals NL
Keyiwest
Newmetal
Kovsany
Newmetel
Nevada
Eniaf Bathurst
Keywest Exploration NL
Ted Tow
Ora Banda
Wetrion
King Mountain
Tenneco
Wired-sound, TV Company
AWA Space Contract
B. Philp
Sells Island Ships
Wunderflex
Ween Wund ‘Wundacuch Limited
Cleveland Street
Rodia
New
Canberra
OFFI
Colourful
Literatia
Wollongong
E & Showroom
Newcastle Street
Fyshwick
Sisted Securities Limited
Bank of New South Wales
Theommonwealt
He Trading Bank of “Ia
Pires
Dember
Kingsity
Quiet Garden
Flag Motor Inn
Roslyn Gardens
Elizabeth Bay
Matthews Jonas
David Jones
Associated Securities
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