News Articles for Prosperity Resources

Surefire Resources' soil sampling at its Yidby East gold project in Western Australia's Mid West region has identified anomalous base metals similar to of the nearby Golden Grove style of volcanogenic-hosted massive sulphide (VHMS) deposit. The company's Phat Boy target sits about 50km south/south-east of 29Metals' world-famous Golden Grove and other nearby VHMS deposits in the same belt.

Prosperity Resources has granted managing director and chair Mohammed Munshi four months leave of absence to attend to personal matters unrelated to the activities and his role in the company.

Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.

The federal government's review of Chinese investment in Australia has denied Perth-based Prosperity Resources Ltd of $4.5 million that it would have received from Shougang Holding.

Chinese steel company Shougang Corporation has agreed to invest up to 19.9 per cent in Perth-based Prosperity Resources Ltd via a share placement.

11-Nov-05 7,000,000 Ordinary Fully Paid Shares will be released from escrow on 24 November 2005.

Prosperity Resources Ltd 10-Aug-05 Wisevest Pty Ltd changed its relevant interest from 3,323,540 ordinary shares (7.54%) to 3,623,544 ordinary shares (7.15%).

Closing for the Short Form Prospectus dated August 26 has been extended to September 10.

157,500 ordinary fully paid Shares  are to be released from escrow on August 22.

150,000 ordinary fully paid shares will be released from Escrow On the 4 August 2004

Escrow period for 60,000 ordinary shares will expire on July 15.                       

Prosperity Resources Ltd - 21-Jun-04195,000 ordinary shares will be released from escrow on 4 July 2004.

Prosperity Resources Ltd 10-May-04

Prosperity Resources Ltd - 20-Nov-03 Has completed acquisition of tenements in Yalgoo and Mount Gibson Project areas.