Chrysalis Resources Ltd. Partner von Tiger Res.

Chrysalis Resources Ltd. Noch ein Rohstoffexplorer.

Heimatbörse: Sydney Australien

Gibt Meldung zum Explorationsbeginn.

EXPLORATION OF ZAMBIA PROJECT
COMMENCES
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=602878

Chrysalis Resources Limited Company Snapshot
Listed on ASX 27 May 2008
ASX Share Code CYS
Sector Mining
Company Structure
No of Shares on Issue 67,343,702
No of Options on Issue 35,036,327
Cash (as at 30th June 12) $0.29M
Board Management
Dr Neale Fong
Executive Chairman
Mr Grant Kidner
Executive Director
Mr Adrian Paul
Non-Executive Director
Mel Cotterell
Company Secretary
A.B.N 56 125 931 964
Level 1
331 Hay Street
SUBIACO WA 6008
PO Box 226, Wembley WA 6913
Phone: 618 9380 4430
Fax: 618 9481 5044
E: info@chrysalisresources.com.au
www.chrysalisresources.com.au

Chrysalis Resources Limited (“Chrysalis”) is pleased to announce the formation of a strategic alliance with copper producer Tiger Resources Limited (Market Cap of $215m, ASX/TSX: TGS, “Tiger”). The strategic alliance was formed via the signing of a subscription agreement which will underwrite the Chrysalis Non-Renounceable Rights Issue (announced with ASX on 8 August 2012).
As part of the agreement, Tiger has agreed to acquire a 19.9% interest in Chrysalis by subscribing for any shortfall shares arising under the Chrysalis Non-Renounceable Rights Issue and/or taking an additional placement of Chrysalis shares at 5 cents. The issue of the shares pursuant to the additional placement is subject to obtaining any necessary ASX waivers and shareholder approvals as required under the ASX Listing Rules or the Corporations Act 2001 (Cth).

Under the terms of the agreement Tiger will:
 Acquire 19.90% of Chrysalis
 Underwrite the current Non-Renounceable Rights Issue
 Form a technical committee with 2 representatives from each company
 Appoint one board member to Chrysalis
 Subject to obtaining the necessary approvals and satisfaction of certain conditions, Tiger will have the first right of refusal in relation to the sale of Chrysalis’ assets
The strategic alliance secures the Company’s $3 million Non-Renounceable Rights Issue which will in part fund the first stage Aeromagnetic surveys over all five licenses in Zambia and a 4,000 metre Drilling program on the Shikila and Kabwima prospects in Zambia.

Tiger’s exploration team is based in Lubumbashi, in the Democratic Republic of Congo (DRC), which is located within a 200km radius (4 hours by road) of Chrysalis's Shikila and Kabwima projects in the Zambian Copperbelt.
Chrysalis Executive Chairman, Dr Neale Fong commented: “The strategic alliance with Tiger is a key step in planning future exploration on the recently acquired Zambian Copper prospects. Tiger brings a wealth of experience and resources to the alliance and Chrysalis looks forward to working closely with Tiger on not only the Zambian Copper Project but also Chrysalis’ other WA based projects”.

The PCF Capital Group was an exclusive adviser to the transaction including introducing Tiger to the strategic alliance.

Background to Tiger
Tiger’s Kipoi Project (Tiger: 60%) covers an area of 55 square km and is located 75km north‐north‐west of the city of Lubumbashi in the Katanga Province of the DRC. The project contains a 12km sequence of mineralised Roan sediments that host at least five known deposits: Kipoi Central, Kipoi North, Kileba, Judeira and Kaminafitwe.
Tiger has reported JORC-compliant resources at three of the deposits: Kipoi Central, Kipoi North and Kileba. The principal deposit is Kipoi Central, which contains a zone of high grade copper mineralisation within a much larger, lower grade global resource.
Tiger has adopted a staged development approach at the Kipoi Project. The high grade zone of  mineralisation at Kipoi Central is being exploited during the Stage 1 development. During the three-year operation of Stage 1,900,000tpa of 7% Cu is planned to be processed through the HMS plant with a recovery rate of 55%, to produce the equivalent of approximately 35,000tpa of copper.
The northern boundary of the Lupoto Project (Tiger: 100%) is located approximately 10km to the south of the Kipoi Project and the project area can be accessed by a road that leads directly to Kipoi.
The Sase deposit is situated within the Lupoto Project in an area of intersecting splay structures associated with a major project-scale fault system, the Sase fault zone. Fault breccias related to the fault systems represent important exploration targets. Several analogous geological settings have been identified in other parts of the Lupoto Project area. Mineralisation at Sase is hosted in intensely brecciated sedimentary rocks, mainly carbonaceous siltstones, shales and dolomites of the lower Kundelungu group. These stratigraphic units are known to host one of the world’s largest Pb-Zn-Cu deposits at Kipushi, 50km west of Lubumbashi.
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=601562

.hier:

http://stocknessmonster.com/news-history?S=CYS&E=ASX

Frankfurt

http://chart.consors.is-teledata.com/...IND5=VOLUME&ID_TYPE_SIZE=

Berlin

http://chart.consors.is-teledata.com/...IND5=VOLUME&ID_TYPE_SIZE=


(Irrtum vorbehalten!)

http://cb.iguana2.com/netwealth2/depth/cys

Wollte mich mal bei dir für dein Bemühen bzw. dein Engagement für Tiger bedanken. Bin jetzt auch schon über 3Jahre investiert; und werde wenn nichts ausserordentliches passiert (Übernahme) diese Zeit nochmals verdoppeln. Möchte eigentlich noch dabei sein, wenn Tiger 100.000t Kupfer jährlich fördert, und die MK weit über einer Milliarde Euro steht. Jetzt ist ja mit Chrysalis ein weiterer Aspekt hinsichtlich Strategie hinzugekommen. Es wird weiterhin spannend bleiben. Augenblicklich ist Tiger  stark unterbewertet.

Grüsse

 

http://de.advfn.com/...;s=ASX^cys&p=0&t=23&dm=0&vol=1

...wenn man mit neuen Meldungen, wie bspw. Explorationsergebnissen aufwarten kann und/oder die 19,9 %-Beteiligung von Tiger in trockenen Tüchern ist.

Die IR-Abteilung scheint jedenfalls dem Stand der Entwicklung in den Sambia-Assets zu entsprechen. Vielleicht hat man ja am WE Zeit, Schreiben von Interessenten zu beantworten.

Company Announcements
Australian Securities Exchange Limited
By Electronic Lodgement
NON-RENOUNCEABLE RIGHTS ISSUE – CLOSURE, ACCEPTANCES AND SHORTFALL
Chrysalis Resources Limited (“Chrysalis”) wishes to advise pursuant to the Offer document in respect
of the recent Non-Renounceable Rights Issue (Rights Issue), the Rights Issue closed on 7th September
2012.
Chrysalis advises that it has received entitlement acceptances in respect of the following fully paid
ordinary shares:
Entitlement acceptance for shares: 50,029,470
The total funds received from the acceptances are $2,501,473.50
As announced on 28 August 2012, the remaining 10,245,514 shortfall shares will be allocated and
allotted at the discretion of Tiger Resources Limited as per the subscription agreement (ASX/TSX:
TGS, “Tiger”) at 5 cents per share, 5 business days after the allocation of the accepted entitlement
shares, being 24th September 2012.
Further placements required under the subscription agreement for Tiger to acquire a 19.9%
shareholding will be advised in due course.
Yours sincerely,
Dr Neale Fong
Executive Chairman
Mel Cotterell
Company Secretary
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=603753

APPOINTMENT OF NON-EXECUTIVE DIRECTORS

24th September 2012
Company Announcements
Australian Securities Exchange Limited
By Electronic Lodgement
APPOINTMENT OF NON-EXECUTIVE DIRECTORS
The Board of Chrysalis Resources Limited (“Chrysalis”) advises pursuant to the Subscription Agreement with Tiger Resources Limited (ASX/TSX: TGS, “Tiger”) and pursuant to the Share Sale Agreement for the Zambian Copper Project, Mr Brad Marwood and Mr Trevor Benson have today been appointed as Non-Executive Directors respectively effective from 24th September 2012.
Mr Marwood – B Sc (Mining Engineering)
Mr Marwood is the Managing Director of Tiger Resources Limited, a copper producing company with a market capitalisation of $239m. He graduated in mining engineering more than 30 years ago. His time in the industry has been spent equally in development and operations, including over 16 years’ experience in Africa from Zimbabwe to Mali and he has been directly involved with the development of the gold mining industry in Ghana since 1987.
As Manager Projects Africa for Normandy Mining Limited in Africa, Mr Marwood progressed operations in Ivory Coast, Mali, Eritrea, Sudan and Ghana, the most prominent being the Akim Yamfo-Sefwi Project, Ghana, now operated by Newmont Mining Limited. Mr Marwood has a strong background in project development, implementation and operations.
Mr Benson– B. Sc (UWA)
Mr Benson has over 25 year’s experience within stockbroking, treasury operations and investment banking, with experience covering equity capital markets and M&A transactions within the resources, resource services and oil and gas sectors, both in Australia and overseas. Mr Benson currently leads the PCF Capital Group Securities business.
weiter........

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=605085

Company Announcements
Australian Securities Exchange Limited
By Electronic Lodgement
NON-RENOUNCEABLE RIGHTS ISSUE – ALLOCATION OF SHORTFALL AND TRANCHE 2 SHARES
Chrysalis Resources Limited (“Chrysalis”) wishes to advise that pursuant to the subscription
agreement with Tiger Resources Limited (ASX/TSX: TGS, “Tiger”) the shortfall shares of 10,245,512
and Tranche 2 shares of 11,142,800 have today been issued.
All shares have been issued on the same terms as under the Rights Issue.
The total funds received by Chrysalis from the allocation of the Shortfall shares and Tranche 2 shares
(excluding costs associated with the Subscription Agreement) are $1,047,415.60.
The further placement required under the Subscription Agreement for Tiger to acquire a 19.9%
shareholding will require Shareholder Approval and will be advised in due course.
Yours sincerely,
Dr Neale Fong
Executive Chairman
Mel Cotterell
Company Secretary
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=605109

24th September 2012
The Manager
Company Announcements Office
ASX Limited
Level 6, 20 Bridge Street
SYDNEY NSW 2000
NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT
Pursuant to the Subscription Agreement between Chrysalis Resources Ltd (Company) and Tiger Resources Ltd (Tiger), on 24th September 2012 the Company issued by way of placement 11,142,800 fully paid ordinary shares (Shares) in the capital of the Company at a price of $0.05 each to Tiger.
The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that:
1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and
2. as at the date of this notice, the Company has complied with:
(a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
(b) section 674 of the Corporations Act; and
3. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.
For Chrysalis Resources Ltd
Mel Cotterell
Company Secre
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=605114

und

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=605116

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=605352

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=605352

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Strategic Alliance
Subsequent to the year end, Chrysalis formed a strategic alliance with copper producer Tiger
Resources Limited (ASX/TSX: TGS, “Tiger”) by the signing of a Subscription Agreement to
underwrite the Chrysalis Non-Renounceable Rights Issue announced in August 2012. The
Subscription Agreement allows for Tiger to acquire up to 19.9% of Chrysalis through additional
placements which is subject to receiving ASX waivers and shareholder approvals. This strategic
alliance is a key step in planning future exploration on the recently acquired Zambian Copper
prospects and Chrysalis’ Western Australian projects. Tiger brings a wealth of experience and
resources to the alliance and Chrysalis looks forward to working closely with Tiger in the future.
Corporate
During the first half of the financial year the Company undertook a 1 for 2 Non-Renounceable
Rights Issue to raise funding for the exploration of the Pioneer, West Angelas and Doolgunna
projects and to meet the general working capital requirements of the Company. The Issue was
successfully completed in December 2011 raising total funds from the offer of $1,122,395 through
the issue of 22,447,901 fully paid ordinary shares.
The Company expended $1.73 million in exploration during the year (inclusive of costs
associated with acquiring the Zambian Copper project) and is confident that its committed
approach, new funding, increased expertise in our exploration team and strategic alliance with
Tiger will assist with our ongoing corporate strategy.
I would like to take this opportunity to thank all Shareholders for their on-going support and look
forward to the year ahead.
Yours faithfully
Dr Neale

................Weietr.......

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=606087

Strategic Alliance
Subsequent to the year end, Chrysalis formed a strategic alliance with copper producer Tiger
Resources Limited (ASX/TSX: TGS, “Tiger”) by the signing of a Subscription Agreement to
underwrite the Chrysalis Non-Renounceable Rights Issue announced in August 2012. The
Subscription Agreement allows for Tiger to acquire up to 19.9% of Chrysalis through additional
placements which is subject to receiving ASX waivers and shareholder approvals. This strategic
alliance is a key step in planning future exploration on the recently acquired Zambian Copper
prospects and Chrysalis’ Western Australian projects. Tiger brings a wealth of experience and
resources to the alliance and Chrysalis looks forward to working closely with Tiger in the future.
Corporate
During the first half of the financial year the Company undertook a 1 for 2 Non-Renounceable
Rights Issue to raise funding for the exploration of the Pioneer, West Angelas and Doolgunna
projects and to meet the general working capital requirements of the Company. The Issue was
successfully completed in December 2011 raising total funds from the offer of $1,122,395 through
the issue of 22,447,901 fully paid ordinary shares.
The Company expended $1.73 million in exploration during the year (inclusive of costs
associated with acquiring the Zambian Copper project) and is confident that its committed
approach, new funding, increased expertise in our exploration team and strategic alliance with
Tiger will assist with our ongoing corporate strategy.
I would like to take this opportunity to thank all Shareholders for their on-going support and look
forward to the year ahead.
Yours faithfully
Dr Neale Fong

weiter

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=606087

EXPLORATION DRILLING COMMENCES ON ZAMBIAN COPPER PROJECT

4th October 2012

Chrysalis Resources Limited (“Chrysalis”) announces it has commenced its drilling programme in Zambia.
The drilling programme consists of in excess of 5,000m of drilling.
Our first program at Shikila which is 20 km west of First Quantum’s Kansanshi mine includes 2,400 metres of RC drilling and 700 meters of Diamond drilling.
Our second program at Kabwima (Mutenda) which is 70km south southeast of Kansanshi includes 2,000 metres of RC drilling.

Skizzen und weiter........

http://www.asx.com.au/asxpdf/20121004/pdf/4295fvykxgw5sy.pdf

Der Tiger Resources-Partner meldet:

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=609446

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=609998


Activities:

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=610000

Highlights
Aeromagnetic surveys completed over the Zambian northern prospecting licences Satellite Imagery at Shikila completed Drill programme commenced at Shikila Strategic Alliance executed with Tiger Resources Limited (“Tiger”, ASX/TSX:TGS) Non Renounceable Rights Issue raises $ 3,548,889.10 (before costs)
Zambia
During the quarter Chrysalis commenced its exploration programme on the Zambian Copper Project which included:
• Aeromagnetic Surveys over its 5 Large Scale Prospecting licences in Zambia;
• In excess of 5,000 metres of RC and Diamond drilling on the Shikila and Kabwima licences in the North of Zambia; and
• Satellite Imagery and Ground IPs
Aeromagnetic Surveys of the three large Northern Prospecting licences has been completed and the data is currently being processed. The two southern licences are currently in the process of being surveyed. Satellite Imagery at the Shikila project has been completed with data received and being processed.
Chrysalis commenced the first drill program subsequent to quarter end. The first program, at Shikila, which is 20 km west of First Quantum’s Kansanshi mine, includes 2,400 metres of RC drilling and 700 metres of Diamond drilling. The second program, at Kabwima (Mutenda), which is 70 km south southeast of Kansanshi includes 2,000 metres of RC drilling.

Gemeinsam mit Partner Talisman Mining:

DRILLING AT HALLOWEEN WEST
PROJECT COMMENCES
20th November 2012
A.B.N 56 125 931 964

www.chrysalisresources.com.au
No of Shares on Issue 146,761,484
No of Options on Issue 35,036,327
Cash (as at 30th Sept) $2.83M
Dr Neale Fong - Executive Chairman
Mr Grant Kidner - Executive Director
Mr Adrian Paul- Non-Executive Director
Mr Brad Marwood – Non-Executive Director
Mr Trevor Benson – Non-Executive Director
Mel Cotterell- Company Secretary

Highlights
 A 1,750 metre, 13 drill hole Reverse Circulation (RC) drilling program has commenced
 Key VMS pathfinder elements identified by detailed soil sampling and geological mapping.
 Two discrete conductive targets identified by a Fixed Loop Electromagnetic (FLEM) survey.

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=614308

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=615127

ABN 56 125 931 964
Level 1, 331 Hay Street
SUBIACO WA 6008
PO Box 226, Wembley WA 6913
Phone: 618 9380 4430
Fax: 618 9481 5044
E: info@chrysalisresources.com.au
www.chrysalisresources.com.au
No of Shares on Issue 146,761,484
No of Options on Issue 35,036,327
Cash (as at 31st October) $2.33M
Company Announcements
Australian Securities Exchange Limited
By Electronic Lodgement
RESULTS OF ANNUAL GENERAL MEETING 2012
In accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001, the following information is provided in respect of each resolution considered and voted upon at the 2012 Annual General Meeting of Shareholders of Chrysalis Resources Limited held at 3:00pm (Perth time) on 23 November 2012.
All resolutions were passed unanimously by a show of hands. The resolutions presented for shareholder consideration and the proxies received in respect of each resolution are set out in the table below.
weiter.......
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=615353

NON-RENOUNCEABLE RIGHTS ISSUE – ALLOCATION OF TRANCHE 3 SHARES
Chrysalis Resources Limited (“Chrysalis”) wishes to advise that pursuant to the Subscription
Agreement with Tiger Resources Limited (ASX/TSX: TGS, “Tiger”) the Tranche 3 shares of 10,758,080 have today been issued.
The Tranche 3 shares were approved by shareholders at Chrysalis’ Annual General Meeting held on 23rd November 2012. All shares have been issued on the same terms as under the Rights Issue.
The total funds received by Chrysalis from the allocation of the Tranche 3 shares are 537,904.
This completes the allotment of shares to Tiger pursuant to the Subscription Agreement. Tiger currently holds 19.9% of the issued capital of Chrysalis.
Yours sincerely,
Dr Neale Fong
Executive Chairman
Mel Cotterell
Company Secretary
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=615909

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Appendix 3B
New issue announcement
http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=615916

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=616174

und

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=616261

Erneut: Change in substantial holding

http://stocknessmonster.com/news-item?S=CYS&E=ASX&N=617431