Reed Resources rated a BUY by Patersons with $1.02 short term price target
The following is an extract from a report produced by Patersons and released today, Thursday 17 February 2011. Company: Reed ResourcesCurrent price: $0.65Target price: $1.02 Reed...
View ArticleReed Resources gains Metals X as a substantial shareholder
Reed Resources (ASX: RDR) has added Australia’s largest tin producer, Metals X (ASX: MLX), as a substantial shareholder with a 5.17% stake.Metals X acquired 24 million shares in Reed between June and...
View ArticleReed Resources receives substantial shareholder notice from SG Hiscock & Company
Reed Resources (ASX:RDR) has received a notice of initial substantial shareholder from boutique fund manager SG Hiscock & Company.SGH now holds 23,247, 105 shares with a voting power of 4.02% in...
View ArticleReed Resources earns ASX speeding ticket on 40% share price rise
Reed Resources (ASX: RDR) has been issued a price and volume query from the ASX after shares reached an intra-day high of A$0.245 today, a 40% increase over the closing price of $0.175 on Wednesday 19...
View ArticleReed Resources awards key mining contract for Meekatharra Gold Project
Reed Resources (ASX: RDR) has ticked another box on its path to the first gold pour at its Meekatharra Project in Western Australia with the awarding of the Stage 1 Mining Contact to Minepower....
View ArticleReed Resources to unveil project funding details
Reed Resources (ASX: RDR) has entered a trading halt untill an annoucement is made about project funding. Credit Suisse was mandated to act as arranger for a debt facility of $19 million for the...
View ArticleReed Resources preparing project funding update
Reed Resources (ASX: RDR) has been granted a voluntary suspension by the ASX this morning allowing the company more time to prepare an announcement regarding project funding.The company wholly owns the...
View ArticleReed Resources to raise A$10M to support transition to gold producer
Reed Resources (ASX: RDR) has launched a $10 million capital raising which will ensure the company has sufficient working capital as it moves into the commissioning phase at its Meekatharra Gold...
View ArticleReed Resources’ $2M share placement closes oversubscribed
Reed Resources (ASX: RDR) has received a strong show of support from its shareholders with its A$2 million Share Purchase Plan closing heavily oversubscribed.The Plan is part of a broader A$10 million...
View ArticleReed Resources granted Australian lithium patent
Reed Resources (ASX:RDR) has been granted a patent from IP Australia, via its 70% owned Reed Industrial Minerals (RIM), over a proprietary process to produce high-purity lithium hydroxide directly from...
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