CAPITAL MARKETS

Big Buchhorn backing of cobalt contender Ardea

COBALT contender Ardea Resources has raised A$17.5 million from the exercising of loyalty options, with director and Kalgoorlie nickel project stalwart Ian Buchhorn outlaying over $2.1 million cash in the past two weeks backing the company.

Goongarrie's cobalt dirt means Ardea is far from poor.

Goongarrie's cobalt dirt means Ardea is far from poor.

Buchhorn, the founder of Ardea forerunner Heron Resources, now holds nearly 12 million shares, or over 11% of the company on an undiluted basis. The conversion of the 77c in-the-money loyalty options...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Mining Briefs: Peel, Red River and more
PREVIOUS: Primero launches $25M IPO

MOST POPULAR

1

M&A

FTI backs Creasy's Calidus rescue bid

2

CAPITAL MARKETS

Executive Outcomes: Boss, Sandfire and more

3

CAPITAL MARKETS

Why are gold developers' shares still not reflecting higher commodity prices?

4

BARRY FITZGERALD

Vella's remake of IGO no easy task: Fitzy

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902