EMU NL
Emu NL (ASX: EMU) is a resource exploration company focused on new discoveries in the Maricunga gold belt in the Atacama Region, northern Chile.
PROJECTS
Emu is exploring for new mineral discoveries at its Elevado Project in the Maricunga gold belt, Chile.
Emu holds about 136km2 which is comprised of the Vidalita, Vidalota, Arroyo Ancho and Jotahues concession areas. Elevado contains prospects including the Vidalita, Alunita, Northeast Plains, North Plains, Peon, Jotahues and Arroyo Ancho.
Emu made an initial discovery at the Vidalita prospect of 24m at 5.0 g/t gold and 28 g/t silver from 20m within a wider intercept of 48m at 2.8 g/t gold & 19 g/t silver from 16m in March 2019. Emu plans to further explore this area as well as other prospects at Elevado.
Emu negotiated a three-year extension to its option to acquire the Vidalita concessions to allow the Company to undertake further exploration activities before determining to buy the Vidalita concessions or relinquish control of them.
OUR BOARD
Peter Thomas
Non-Executive Chairman
Mr Thomas is a high energy, pragmatic corporate engineer with astute commercial acumen and business expertise.
Terry Streeter
Non-Executive Director
Mr Streeter has extensive experience in funding, listing and overseeing junior explorers in all exploration and economic cycles and has served in various roles in the nickel sulphide industry for over 30 years.
Gavin Rutherford
Non-Executive Director
Following a successful background in Agribusiness on both domestic and international stages, Mr Rutherford has spent over 20 years in the Mining Services / Fabrication / Contracting sector.
Tim Staermose
Non-Executive Director
Tim Staermose has 23 years’ equity capital markets and equity research experience. He worked at international sell-side equity brokerage firms in South Korea and Hong Kong.
INVESTORS
Media
Addition to the Board – Tim Staermose
Tim Staermose has 23 years’ equity capital markets and equity research experience. He worked at international sell-side equity brokerage firms in South Korea and Hong Kong, including Banque Indosuez (now part of Credit Agricole) in the late 1990s and Lehman Brothers...
Reports
Quarterly Activities Report September 2019
October 2019 - Download Report
Quarterly Cashflow Report Sept 2019
October 2019 - Download Report
Presentations
Building a project in one of the world’s premier precious metal regions
Vidalita: Finding an elephant in elephant country
October 2018 - Download Report (2.6mb)
SHARES
Full Paid Ordinary Shares: (ASX: EMU)
Fully paid ordinary shares (Quoted as ASX: EMU) – 195,849,986 (Includes 7.4m shares which can be bought back by Emu for nil consideration
Partly paid ordinary shares: (ASX: EMUCA)
$0.03 outstanding per share with no call to be made before 31.12.2023 – 33,668,824;
Unquoted Options
Unquoted Options to acquire fully paid ordinary shares, exercisable at $0.03 each, expiry 28.2.2020 – 6,000,000;
Unquoted Options to acquire partly paid ordinary shares, exercisable at $0.02 each, expiry 21.12.2020 – 18,888,697;
Unquoted Options to acquire fully paid ordinary shares, exercisable at $0.20 each, expiry 15.1.2021 – 84,355,000; and
Unquoted Options to acquire fully paid ordinary shares, exercisable at $0.20 each, expiry 16.1.2021 – 8,454,468;
10 Walker St West Perth Western Australia
Phone +61 (08) 9226 4266 | ABN 50 127 291 927