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Sirius Exploration - Richard Poulden Interview |
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UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MARCH 2006 AN EXCELLENT YEAR |
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Thursday, 03 August 2006 |
SIRIUS EXPLORATION PLC
(“Sirius Exploration” or “The Company”)
Sirius Exploration acquires and explores mineral properties UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MARCH 2006
AN EXCELLENT YEARRESULTS
- Flotation on AIM in August 2005
- £865,000 gross funds raised during the year
- All planned exploration completed on time and within budget
- Increase in net assets to £334,958 (2005: £198,170) HIGHLIGHTS - Joint venture, with Phelps Dodge, completed exploration program at Osogovo and Kadiica, two projects in Macedonia
- New claim filed at Kalin Kamen (Eastern boundary of Osogovo), which will be wholly owned by Sirius Exploration
- Exploitable grade copper deposit located at Kadiica with the possibility of a Mine within two to three years
- Agreement signed with Rio Tinto for exclusive use of their exploration database relating to Macedonia for a twelve month period
STRATEGY - Sirius Exploration will continue its successful policy of joint ventures and agreements with major mining companies
- Plans to use board’s corporate finance skills to look for acquisitions
- Asking AGM for a substantial increase in the authorised share capital
- Seeking the next generation of targets
For More Details, Please Download the Report
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Macedonia and the EU
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EU enlargement progress reports - key findings
EU Enlargement has helped to transform Central and Eastern Europe into modern, well-functioning democracies. More recently, it has inspired far-reaching reforms in Turkey, Croatia and the Western Balkans. All European citizens benefit from having neighbours that are stable democracies and prosperous market economies. Enlargement is a carefully managed process which helps the transformation of the countries involved, extending peace, stability, prosperity, democracy, human rights and the rule of law across Europe. The European Union has undergone a number of enlargements since its creation. More and more countries have joined the first six Member States. The EU has 25 members today and will possibly soon count 27 Member States.
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Macedonia urges name dispute to be settled with Greece
Macedonia's parliament voted a resolution Monday calling for a "strategy"
to solve an ongoing row with neighouring Greece over its name, which has
harmed its attempts to join the Europan Union.
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Macedonia unready to start membership talks: EU official
Macedonia is not yet ready to start European Union membership talks,
Enlargement Commissioner Olli Rehn said Monday, less than three weeks
before an evaluation of the Balkan state's accession hopes.
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NYT > Macedonia
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World news about Macedonia, including breaking news and archival articles published in The New York Times.
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