AGM Materials Sent to Shareholders

RNS Number : 3941D

IronRidge Resources Limited

26 October 2015

 

26 October 2015

IronRidge Resources Limited

Annual General Meeting

Materials Sent to Shareholders

The Board of IronRidge Resources Limited (AIM: IRR, the Company) advises the electronic despatch of the Company's AGM Materials to shareholders will take place today. The materials for those shareholders registered to receive a paper copy will be posted today.

A copy of the AGM materials is available via the Company's website (www.ironridgeresources.com.au/en/) or clicking the link below:

http://www.ironridgeresources.com.au/en/page/investor-centre/annual-general-meeting/

The post-production version of the Company's 2015 Annual Report is now available on the Company's website: http://www.ironridgeresources.com.au/en/page/investor-centre/annual-reports/ and is expected to be posted by the Registry today.

By order of the Board

Karl Schlobohm

Company Secretary

For Further Information:

IronRidge Resources Limited
Vincent Mascolo (Chief Executive Officer)	Tel: [phone]
Nicholas Mather (Executive Chairman)	Tel: [phone]
SP Angel Corporate Finance LLP	Tel: [phone]
Nominated Adviser and Broker
Jeff Keating Tercel Moore Yellow Jersey PR Limited Financial PR Dominic Barretto Kelsey Traynor	Tel: [phone]

Notes to Editors:

IronRidge Resources is an AIM listed iron ore exploration company with assets in African and Australia.  The Company's flagship project is located in Gabon, West Africa with permits in two areas - Belinga Sud and Tchibanga.  These permits cover at total area of 3,974km² and were awarded by the Minister for Mines and Industry in June 2013.  IronRidge's corporate strategy is to create and sustain shareholder value through the discovery of world-class iron ore deposits.

Tchibanga:

Located in south-western Gabon, in the Nyanga Province, within 10-60km of the Atlantic coastline.  This project comprises two exploration licenses, Tchibanga and Tchibanga Nord, which cover a combined area of 3,396km² and include over 90km of prospective lithologies and the historic Mont Pele iron occurrence.

Belinga Sud:

Located in the north east of Gabon in the Ogooue-Ivindo Province, approximately 400km east of the capital city of Libreville.  IRR's licence lies between the main Belinga Iron Ore Deposit, believed to be one of the world's largest untapped reserves of iron ore with an estimated 1bt of iron ore at a grade >60% Fe, and the route of the Trans Gabonese railway, which currently carries manganese ore and timber from Franceville to the Port of Owendo in Libreville.

Australia:

IronRidge has two assets in Australia, Monogorilby and Quaggy.  Monogorilby is prospective for titanium oxides and bauxites, whilst Quaggy has shown strong anomalies of platinum palladium nickel cobalt and copper.

Corporate:

IronRidge was created by resource company generator DGR Global Limited (who retain a 26% interest) and has attracted investment support from high-grade South African iron, chrome and manganese mining specialist Assore Limited (who hold a 30% interest) and global resources, mining, marketing and trading conglomerate Sumitomo Corporation (who hold a 12% interest). 

The Board of Directors is represented by mining industry professionals with a broad range of corporate, exploration, production, contracting and capital markets experience.  The Company was admitted on 12 February 2015 (Ticker Code IRR) and currently has 236,612,203 shares and 13,270,000 unlisted options on issue.

 

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