Those persons acting upon information contained in this article do so entirely at their own risk. WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. Pursuit will pay $300,000 in cash and 40,000,000 fully paid ordinary shares for the Warrior Project (which will occur after the first two tenements are transferred to Pursuit and Ministerial consent is obtained). Caspin Resources (ASX:CPN), is a spin off from Cassini Resources (ASX: CZI) and has two West Australian gold and nickel projects. All rights reserved. Following transfer of all tenements, an additional 10,000,000 shares will be issued to the vendor. DIRECTORS. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. PUR pursuit minerals ltd Ann: Top 20 Shareholders ASX News 851 23/08/17 18:27 Post #: 26703681 Share Release Date: 23/08/17 18:07 Summary: Top 20 PURs project sits inside an already established foreign resource estimate of 2.1mt lithium carbonate equivalent. Dow Jones, a News Corp The Wubin tenement (E70/5493), granted in November 2020, was previously explored for iron deposits by Magnetic Resources NL in 2010. This is early stage exploration and the companys current valuation reflects that - which to us, makes it the most interesting of those in the province CHN has made famous. Do Not Sell or Share My Personal Information. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. PUR increases the size and scale of its lithium project to a level that warrants putting it into production. The discovery is shaping up to be a major deposit of critical metals for a clean energy future and includes palladium, nickel and copper. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. You can do it. Mandrakes Jimperding Project lies approximately 30 kilometres east of Chalice. A few new ideas could spring from the original idea of Bullseye to help investors. [[ data.eventTime | date: 'EEE, MMM dd, yyyy h:mm a' ]] [[ zone ]]. Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 173.5%. The Wubin tenement area contains widespread, but isolated, greenstone remnants. Listen to Our Podcast The Calingiri West tenement application also abuts Devex Resources (ASX: DEV) and covers part of their Sovereign Magnetic Complex as interpreted and is immediately adjacent to late-time airborne electromagnetic anomalies recently defined by Devex. There is always a risk that the market interest for lithium decreases and in turn appetite to invest in companies like PUR decreases. Plus500. Get Started Investing Here are the most important events to keep an eye on for the sake of your stock portfolio. The Motley Fool has a disclosure policy. I am going to take a deep dive into Pursuit Minerals Limiteds (ASX:PUR) most recent ownership structure, not a frequent subject of discussion among individual investors. A big thank you to everyone who registered on Bullseye and gave it a go. CHN is up over 1,600% since January, and is currently capped at $1.2BN - one of the top performing companies on the ASX this year. Lithium brine projects are highly dependent on different variables like weather, flow rates to surface and the variability of grades in the brines. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. WebPursuit Minerals Ownership Who are the major shareholders and have insiders been buying or selling? advice. Looking at the map above, PURs Calingiri West (E 70/5378) tenement goes close to abutting Chalices Gonneville PGE-nickel-copper-cobalt discovery while Calingiri East (E 70/5379) is also in close proximity. Who are the major shareholders and have insiders been buying or selling? Win at Retirement Pursuit Minerals (ASX: PUR) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. The Pursuit Minerals (ASX:PUR) share price is off to the races today, up 35%. The Company discovers, develops and operates gold projects within Australias premier gold districts in Victoria and Queensland. The result of this discovery has led to a field of ASX explorers taking up some ground, hoping to make their own. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Disclosure: Disclosure: S3 Consortium Pty Ltd (the Company) and Associated Entities own 25,133,333 PUR shares and 10,000,000 PUR Shares on Trilogy Class B Con Note conversion at the time of publishing. It explores projects including the Koitelainen project and PUR - Now a $31M advanced stage lithium stock, Why we invest in Oil & Gas and Precious Metals. Over the past The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. Given the valuations of PURs peers on the cusp of drilling, we are hoping that PUR grows to multiples of its current value and reach at least par with its peers in the lead up to its own maiden drilling program in 2021. Lithium is recognised as a critical raw material by the USA, European Union, India, Japan and Australia because of its importance in the lithium-ion battery supply chain. Get expert stock analysis direct in your inbox. WebUpon exercise of the option, Pursuit will issue up to 20 million additional shares, capped at 9.9% of the issued and outstanding shares of PUR. Navarre Minerals Limited is an Australia-based gold, silver and copper producer. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. We like the current valuation of $10M market cap and having recently raised $2M the company appears reasonably funded going into exploration and drilling. The aeromagnetic data covering the Calingiri West tenement application exhibits a thin belt of north-south trending aeromagnetic anomalies which are interpreted as being due to prospective meta-greenstone belts and intrusive mafic/ultramafic rocks. SMARTER, HAPPIER, AND RICHER. Barchart shows different data on the Profile page, depending on the symbol's asset type. Pursuit Minerals Ltd. is a mineral exploration and project development company. The YTD, 1-3- and 5-Year Returns are adjusted for dividends and splits. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Over the past year, the Pursuit Minerals share price is up 400%. WebPURSUIT MINERALS LIMITED : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Australian Stock Open menu Quick Company Search The four tenements that make up the Warrior PGE-Nickel-Copper Project are: The first tenement, Calingiri West (E70/5379) is located 10km south of the >600 Million tonne Caravel Cu-Mo project. To receive ALL our alerts fill out your details below. PUR has a tiny market cap, and this is early stage exploration. The Profile page gives you general information about a symbol, whether it's about the company or the contract. Fundamental company data and analyst estimates provided by FactSet. Surrounding companies have seen solid re-rates since entering the area. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. The ultimate aim of the drilling program will be to establish a maiden JORC resource estimate for its project. The region also hosts majors like Allkem (capped at $8.3BN), Albemarle (capped at $45BN), SQM (capped at $39BN) and Rio Tinto ($172BN) hold lithium projects. Short sellers are gunning forthese ASX shares. We especially like PURs current valuation right now compared to other Julimar explorers who are closer to drilling, and are capped at multiples of PUR. The West Margin of the Yilgarn Craton is highly prospective for Platinum Group Elements (PGE) and Ni-Cu mineralisation associated with intrusive mafic to ultramafic rocks. The information in this website is general information only. Given the current low market cap, we intend to hold stock into drilling and ideally lighten our position (at multiples of current share price) in the lead up to drilling. PUR is well funded with ~$2.5M of cash to fund its Julimar Warrior Project exploration program and with an Enterprise Value (EV) of ~$8.7m, provides significant leverage to discovery. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Right-click on the chart to open the Interactive Chart menu. So, what can ASX 200 investors. Commenting on the results, Pursuit CEO Mark Freeman said: The PGE-Ni-Cu targets which have been recognised from the preliminary data from the Calingiri East AEM survey block, demonstrate how the application of AEM surveys to PGE-Ni-Cu exploration can rapidly advance a project and generate highly prospective targets for drill testing. May 1, 2023 | The Bindi Bindi tenement application, E70/5392, covers part of the Bindi Bindi Intrusive Complex which manifests as scattered outcrops of weakly magnetic ultramafic rocks which have been intruded by negatively magnetised younger dolerite dykes. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Bullseye is being shut down. It explores projects including the Koitelainen project and Karhujupukka project Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. Mandrake Resources (ASX: MAN) - $30M market cap - planning to drill next month, Devex Resources (ASX: DEV) - $71M market cap - planning to drill next month, Caspin Resources (ASX: CPN) - $35M (just hit the boards this week). We disclose the securities held in relation to a particular company that we provide commentary on. Tristan Harrison. A new 52-week high and massive share price volatility are driving some of the most-traded ASX shares today. It focuses on advancing vanadium projects in the world-class mining Pursuit Minerals (ASX: PUR) is developing an advanced lithium brine project in Argentina. The soaring share price comes following the companys announcement of promising airborne electromagnet (AEM) data from its Calingiri East exploration licence on the Warrior PGE-Ni-Cu project in Western Australia. does not constitute personal advice and S3 has not taken into No hard feelings, it has been a fun and interesting ride.The goal was to build a better investing forum that educates and helps investors by promoting great content from great minds. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Previous aircore drilling on the Calingiri East tenement intersected up to 1420ppm Ni in mafic rocks and anomalous platinum and palladium has been intersected in RC drilling on the Wubin tenement, both of which further confirm the prospectivity of the Warrior Project for PGE-Ni-Cu mineralization. Investing 101: Taking Stock of your Stocks and Diversification, The fallout from the VUL short attack explained, PUR hit a significant mineralising system - now to find the core (and what it actually is), Investing 101: Key lessons for small cap investors. The Motley Fool Australia operates under AFSL 400691. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.