ALT RESOURCES LIMITED overview

Canberra, Australia (ABN Newswire) - Alt Resources Limited (ASX:ARS) (the Company) wishes to provide the following update regarding a funding proposal announced to the market on 19th September 2019. As announced, the Company entered into a non-binding term sheet for a Convertible Note funding package (Convertible Note) with Collins Street Value Fund (CSVF). The non-binding term sheet was subject to final long form documents and other conditions precedent. The Company wishes to advise that the...

Canberra, Australia (ABN Newswire) - During the year Alt Resources Ltd (ASX:ARS) has undertaken multiple exploration and resource drilling programs focussing on the Company's primary assets located in the northern goldfields of Western Australia at the Mt Ida and Bottle Creek Gold Projects and to a lesser extent at the New South Wales projects. Mt Ida and Bottle Creek are located 85 kilometres to the north west of Menzies in the northern gold fields of WA. Alt commenced drilling in March 2018,...

Canberra, Australia (ABN Newswire) - Alt Resources Limited (ASX:ARS) (the Company) is pleased to announce that it has executed a non-binding term sheet for a funding package via a partially redeemable Convertible Note Deed (Notes) with Collins Street Value Fund (CSVF). Highlights: - Alt Resources has executed a $4.5 million funding package on attractive terms; - Funds to be used to complete payment of the Bottle Creek Gold Project; - Notes to convert at a significant premium to the Company's...

Canberra, Australia (ABN Newswire) - ALT Resources Limited (ASX:ARS) (Alt or the Company) is pleased to provide the following exploration update for operations at its Mt Ida and Bottle Creek Gold Projects incorporating the Bottle Creek, Quinn's and Mt Ida South project areas (Mt Ida or Project), located 90km north-west of Menzies in Western Australia's Eastern Goldfields. Alt will re-commence RC drilling at the Tim's Find and Shepherds Bush project areas on 16th September 2019. The Company has...

Canberra, Australia (ABN Newswire) - Alt Resources Ltd (ASX:ARS) (Alt or 'the Company') is pleased to provide an exploration update and results from Forest Belle and Pianto's project areas. Pianto's and Forrest Belle were the last areas tested by the Company during the recent RC drilling program at Mt Ida with 11 holes drilled at Forrest Belle and three holes drilled at Pianto's Find. The Pianto's Find prospect is of interest to the Company due to similar magnetic response to Bottle Creek,...

Canberra, Australia (ABN Newswire) - Alt Resources Ltd (ASX:ARS) (Alt or 'the Company') is pleased to provide an exploration update from drillholes SBRC006 and EMDD001 from Shepherd's Bush and Bottle Creek project areas. The Company recently completed RC drilling at the Mt Ida Gold Project across several prospects, as part of the program ten RC holes were drilled at the Shepherd's Bush prospect, with results announced to the market in August. HIGHLIGHTS: - HTDEM Heli survey to commence August...

Canberra, Australia (ABN Newswire) - Alt Resources Limited (ASX:ARS) is pleased to advise that, further to its ASX announcement of 5 August 2019, the Company has now settled Tranche 1 of its $4m placement to investors qualifying under Section 708 of the Corporations Act 2001 (Cth) via the issue of 85,000,000 shares. Alt Resources received $2,125,000 (before issue costs). These funds will be primarily used for the ongoing development of the Company's Mt Ida and Bottle Creek Gold Prejects; vendor...

Canberra, Australia (ABN Newswire) - Alt Resources Ltd (ASX:ARS) is pleased to provide an exploration update from completion of 18 RC drillholes at the Shepherd's Bush and Spotted Dog prospects at Mt Ida South. The Company recently completed ~5,500 metres of RC drilling at the Mt Ida Gold Project across several prospects, announcing the Tim's Find results in July 2019. As part of the recent program the Company drilled ten RC holes at the Shepherd's Bush prospect and seven RC holes at the Spotted...