Registration #: 4948435
  Home arrow News arrow Transformation for Sirius
 
 
Main Menu
Home
About Us
Share Capital
Investor Relations
Downloads
News
Contact Us
Memorandum & Articles of Association
Corporate Governance
 
 
  • Sirius Projects
 
Macedonia Projects
Technical Reports
Gallery
Phelps Dodge

 
 
 
 


 
 
 
 
Sirius Exploration - Richard Poulden Interview
  
 
 
 

Transformation for Sirius PDF Print E-mail
Tuesday, 11 March 2008
Companies: SXX   
03/03/2008

Sirius Exploration intends to seek up to £6 million and change its name after acquiring Sierra Leone-focused Njahili Resources.

AIM-quoted Sirius plans to change its name to Xanadu Resources after the all-paper reverse takeover of Njahili and hopes to raise between £2 million and £6 million at 12p to develop a variety of assets, including gold and diamonds in Sierra Leone and a copper joint venture in Macedonia. Chairman Richard Poulden suggests the potential ‘company-maker’ will be Sierra Leone’s Bagla Hill iron ore prospect near the Liberian border.

He says he is already considering three further prospects to acquire and argues the Njahili deal makes sense because the two companies’ properties and managements complement each other well. Sirius/Xanadu hopes to start producing its first alluvial gold in 12 months.


Click Here to view the Full Article at Growth Company Investor

< Previous   Next >
 
 
 
 


Macedonia and the EU
  • 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.
  • 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.
  • 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.


NYT > Macedonia
World news about Macedonia, including breaking news and archival articles published in The New York Times. <br><br>
NYT