Eclipse Metals Agrees to 17-Hole Diamond Drilling Program at Greenland Project

Eclipse Metals (ASX:EPM) agreed to a strategic 17-hole diamond drilling program comprising 2,355 meters at its Ivigtut-Grønnedal project in Greenland, scheduled to commence in October, subject to final mobilization and regulatory requirements, according to a Monday Australian bourse filing.

The company said infill drilling will test selected areas of the 202 million tonne inferred resource for potential conversion to the higher-confidence indicated category, while step-out drilling will test extensions beyond the current resource limits.

The company's shares rose 13% in recent Monday trade.

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Asia2d ago

Newlink Technology's Potential Acquisition of HK Ant Global Investment Falls Through

Newlink Technology (HKG:9600) terminated a memorandum of intent for the potential acquisition of HK Ant Global Investment.The parties had entered the memorandum in May, a Friday bourse filing showed.

HKG:9600

Asia2d ago

New Concepts Raises HK$4.9 Million from Share Issue

New Concepts Holdings (HKG:2221) completed the issue of 5 million new shares to Du Lei to raise net proceeds of nearly HK$4.9 million.The parties had entered into the share subscription agreement earlier in September, a Friday bourse filing showed.The construction company plans to use proceeds for general working capital.

HKG:2221

Asia2d ago

Eternity Investment Unit, Director Dispose Of Stake in China Healthwise

Eternity Investment (HKG:0764) unit Eternity Finance and executive director Lei Hong Wai agreed to sell around 169 million and 18.7 million respective shares in China Healthwise (HKG:0348).The shares, representing an 18.3% and 2% stake in China Healthwise, respectively, were sold to Hwa Sheng International Investment at HK$0.08 apiece, a Friday bourse filing showed.The company will receive a consideration of around HK$13.5 million from the disposal and cease to hold any stake in China Healthwise following completion.Proceeds will be used to repay a margin loan, as well as for general working capital.

HKG:0348HKG:0764