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Alien Metals (UFO) Share News

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IN BRIEF: Alien Metals issues 26.3 million shares to consultant

3rd Nov 2023 11:56

Alien Metals Ltd - Australia-focused minerals exploration and development company, currently developing a near-term, direct shipping, iron ore operation at the Hancock project in Pilbara, Western Australia - Issues 26.3 million shares at a deemed price of GBP0.0019 per share for services rendered to a geological consultant for exploration services on its Pinderi Hills and Mexico projects during 2023, in lieu of a cash payment. Expects that admission will become effective and dealings in the common shares will begin on AIM on November 8. Read More

Alien Metals inks heritage deal with PKKP AC for Vivash project

10th Oct 2023 13:57

(Alliance News) - Alien Metals Ltd on Tuesday said that its subsidiary, Iron Ore Company of Australia Pty Ltd, has signed a heritage agreement with the PKKP Aboriginal Corporation RNTBC for the Vivash Gorge exploration licence. Read More

Alien Metals says KNAC withdraws objection to miscellaneous licence

4th Oct 2023 11:20

(Alliance News) - Alien Metals Ltd on Wednesday said that the Karlka Nyiyaparli Aboriginal Corp RNTBC has withdrawn its objection to the application for a miscellaneous licence by Iron Ore Co of Australia. Read More

Alien Metals hails collaboration on signing of heritage agreements

3rd Oct 2023 10:53

(Alliance News) - Alien Metals Ltd on Tuesday said that its subsidiary, Iron Ore Co of Australia, has signed heritage agreements with the Karlka Nyiyaparli Aboriginal Corp RNTBC for two exploration licences, as well as one miscellaneous licence. Read More

EARNINGS: R&Q Insurance loss swells, Jade Road still selling assets

29th Sep 2023 14:39

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

27th Sep 2023 15:49

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IN BRIEF: Alien Metals hails high grade direct ship ore at project

21st Sep 2023 21:07

Alien Metals Ltd - Australia-focused minerals exploration and development company - Touts find of high grade ship ore at Hancock iron ore project in the Pilbara region of Western Australia. Says 13 diamond core holes were drilled in the second quarter of 2023 for a total of 1,049 metres at its Sirius deposit. Significant results from the final tranche of assays include 60.9% iron from 1 metre including high-grade intercepts of 40 metres at 61.5% iron from 13 metres from drill hole 23IHD013. Chief Executive Officer Troy Whittaker says: "These significant results continue to showcase the abundant potential we have at our Hancock project. The results demonstrate high-grade, direct ship ore at substantial intersections which continue to underpin further confidence in the resource." Read More

TRADING UPDATES: URA orders Gravelotte parts; Kefi sustains progress

6th Sep 2023 15:40

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Alien Metals selects Rapid Crushing as contractor for Hancock

30th Aug 2023 09:49

(Alliance News) - Alien Metals Ltd on Wednesday said that its wholly-owned subsidiary, Iron Ore Company of Australia Pty Ltd, has chosen a supplier to undertake crushing and screening operations at the Hancock iron ore project in Western Australia. Read More

Alien Metals selects Regroup as contractor for Hancock

23rd Aug 2023 10:19

(Alliance News) - Alien Metals Ltd on Wednesday said that its wholly-owned subsidiary, Iron Ore Co of Australia Pty Ltd, has chosen a contractor for the Hancock iron ore project in Western Australia. Read More

Alien Metals cancels second tranche of short term lending agreement

18th Aug 2023 08:29

(Alliance News) - Alien Metals Ltd on Friday said it has issued a notice to cancel the second tranche of funding from its short term lending agreement. Read More

IN BRIEF: Alien Metals raises GBP2 million through share placing

10th Aug 2023 13:42

Alien Metals Ltd - Australia-focused minerals exploration and development company - Completes and closes placing announced on Wednesday. Raises GBP2 million through the placing of 1.0 billion shares at a price of 0.2 pence each. Placing price represented a discount of 29% to the company's closing price of 0.28p on Tuesday, the last day before the initial announcement. Proceeds will be used to fund UK and Australian salaries, overheads, corporate activities and working capital until early 2024, Alien Metals says. They will also be used for funding exploration activities. Read More

IN BRIEF: Alien Metals proposes discounted placing for GBP2 million

9th Aug 2023 17:39

Alien Metals Ltd - London-based minerals exploration and development company with five projects in Western Australia - Announces intention to raise gross proceeds of up to GBP2 million by means of a placing of new common shares, at a price of 0.2 pence each. The placing price represents a discount of 16% to the closing price of 0.28p per common share on August 8. The placing will be conducted by way of an accelerated bookbuild. Read More

AIM WINNERS & LOSERS: Ilika up as inks 10-year manufacturing licence

4th Aug 2023 10:41

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

IN BRIEF: Alien Metals hires new chair as acting CEO stays on

4th Aug 2023 10:10

Alien Metals Ltd - London-based minerals exploration and development company with five projects in Western Australia - Hires Alwyn Vorster as non-executive chair, cites his "extensive" experience in bulk commodities particularly iron ore. Vorster was previously interim chief executive officer of Hastings Technology Metals Ltd; he has also worked at BCI Minerals, Aquila Resources Inc and Rio Tinto PLC, and is a director at Arrow Minerals Ltd and ChemX Materials Ltd. Incumbent Executive Chair Guy Robertson will transition to new role as executive finance director. Troy Whittaker is also officially promoted to chief executive officer having "been acting as" group CEO since December 2022. Read More

IN BRIEF: Alien Metals shares fall as feasibility study begins

3rd Aug 2023 10:51

Alien Metals Ltd - Australia-focused precious and base metals explorer and developer - Says its wholly-owned subsidiary, Iron Ore Company of Australia Pty Ltd, has begun work on the definitive feasibility study for the company's Hancock Iron Ore project in Western Australia. The study will optimise the mine plan, infrastructure layouts, and the final capital and operating cost estimates for the project. Read More

IN BRIEF: Alien Metals says iron ore identified at Hancock project

2nd Aug 2023 11:43

Alien Metals Ltd - Mineral explorer and developer in Australia, Mexico and Greenland - Says subsidiary Iron Ore Company of Australia Pty Ltd completes initial investigations on direct ore shipments at tenement E47/5001, which adjoins the Hancock project in the East Pilbara, Hamersley ranges in Australia. Says iron ore has been identified and notes the potential for exploration. Read More

Alien Metals says assay results show high grade iron grades

20th Jul 2023 12:36

(Alliance News) - Alien Metals Ltd on Thursday said it has received assay results from its Hancock Iron Ore project in Western Australia, which "reinforce" the potential of the project. Read More

IN BRIEF: Alien Metals gets USD1 million convertible funding facility

3rd Jul 2023 11:42

Alien Metals Ltd - mineral explorer and developer in Australia, Mexico and Greenland - Enters convertible debt funding facility with long-term shareholder Bennelong Resource Capital Pty Ltd, which has a current stake of 6.3%. Will issue convertible securities worth of up to USD1.0 million in two equal tranches of USD500,000 each. Each can be converted into a share at a 15% discount to the market price, now or at the time of conversion, or at the price of any equity raise by Alien Metals. Until then, the securities carry an interest rate of the secured overnight financing rate plus eight percentage points. There also is a commitment fee of 3.0% of the facility and an establishment fee of USD10,000, both to be taken from the first tranche of the drawdown. Alien Metals also will issue Bennelong with warrants for 10.0 million shares at a 35% premium to the current market price, exercisable over the next three years. It says this could raise up to an additional USD1 million. Read More

EARNINGS SUMMARY: Powerhouse loss widens hugely, DCI Advisors narrows

30th Jun 2023 17:26

(Alliance News) - The following is a round-up of 2022 annual results by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

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