Xstate Resources

Nedlands-based uranium explorer XState Resources Ltd, formerly Oriental Crystal (International) Ltd, has issued a prospectus to raise $6 million, funding a change in the company's direction.

Paul Cartwright has been appointed as managing director of Xstate Resources following the resignation of Gary Jeffery, who remains Xstate’s largest shareholder.Mr Jeffery will become the managing director of Australian Oil Company.

Perth-based Xstate Resources have dropped their target of gaining 100 per cent control of Bombora Energy in an amended heads of agreement that will see them acquire 75.9 per cent of the shares on issue.

Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.

Xstate Resources non-executive director Chris Hodge has been appointed managing director, following the resignation of Paul Cartwright.Former Nexus Energy managing director Ian Tchacos has joined the board as a non-executive director. 

Oil and gas explorer Xstate Resources has entered into an agreement to acquire a 24.5 per cent stake in a producing onshore oil field in California for $US13 million ($A17 million).

Titanium Sands has raised $300,000 by way of a sophisticated investor placement of 42,857,142 fully paid ordinary shares at $0.007 per Share. 

Peel Mining advises that the fully underwritten non-renounceable entitlement offer announced on 7 September 2018 closed 2pm Wednesday, 3 October 2018.

This weekly board moves wrap includes Vince Ippolito, Stewart Washer, Matthew Madden, Jason Stirbinskis, Rob McDonald, Evan Cranston, Tolga Kumova, Dror Nagel, Leigh Junk, Maggie Niewidok, Justin Mouchacca, Laurie Marsland, Michael Hardy, Matthew Carr, Cameron Henry, Robert Sckalor, and David McArthur.

Dan Smetana will be retiring as non-executive director of Korab Resources at the start of next year. Mr  Smetana has been with the company since 2013.

Our board moves wrap includes Angus Craig, David Round, Michael Ruane, Rodney Foster, Nerida Schmidt, Andrew Childs, and Richard Lorentz.

Our board moves wrap includes Vincent Ledoux-Pedailles, David McArthur, Gregory Channon, Chris Hodge, Joseph Ohayon, and Phillip Hains.

Our board moves wrap includes Clive Donner, Chris Singleton, Richard Yeates, Bradley Marwood, Bruce Stewart, Peter Venn, Ben Jones, Luke Timmermans, John Kay, David McArthur, and Andrew Childs.

Our board moves wrap includes Andrew Tunks, Paul Hopper, Elizabeth Stoner, Darren Cooke, William Nguyen, Sandra Bates, Michael Kitney, Andrew Bald, and David McArthur.