Our board moves wrap includes Steven Wood, Bruce Waddell, Eric Moore, Tim Harrison, Jack Fazio, James Ellingford, James Pearse, Justin Tremain, and Abby Siew.
RMA Energy has appointed Qin Weihong as managing director. Mr Qin has beenexecutive director of RMA since August last year and is currently a director of
Chinese company CREC Resources has received approvals from the Foreign Investment Review Board and the Chinese regulatory body for its proportional takeover of Perth-based RMA Energy.
China Railway Resources Group Co has today revealed plans to launch a proportional takeover for RMA Energy, offering cash for 80 per cent of shares it does not own in the Perth-based company.
Shares in RMA Energy have been placed in a trading halt after it was approached by an entity, speculated to be a Chinese business, that could result in an offer for some or all of its shares.
The turmoil gripping global markets has put a question mark over RMA Energy Ltd's $100 million joint venture deal with an Asian consortium over the development of two Queensland assets.
Perth-based diversified resources company RMA Energy Ltd has taken one step closer to finalising negotiations for the joint venture development of two Queensland based assets with Bounty Resources International Ltd and China Rail Engineering Corporation.
RMA Energy Ltd will allow an unnamed Chinese company to undertake independent evaluation of its Coane Range and McCauley Creek uranium and base metals tenements ahead of formal discussions, the Perth-based company has announced.
Perth-based RMA Energy Ltd has completed the acquisition and set up requirements at its tin and copper projects in North Queensland, putting it on track for production in the September quarter.
Shares in Perth-based RMA Energy Ltd, previously Ansett Energy Ltd, closed at 85 cents in its ASX debut, up 240 per cent from its issue price of 25 cents.
