OCTAGONAL RESOURCES LTD No. of Pages: 23
Market Cap.: $2.23m ($0.009 p/s) Shares on issue: 248,331,672
Cash: $0.05 m (30 September 2015)
Debt: $1.1 m (30 September 2015)
ASX Investments 169,672,726 AYC shares
56,557,576 AYCO options
Ian Gandel, Chairman
Anthony Gray, Managing Director Bob Tolliday, Director
Abbotsleigh - 41.1% Alliance Resources - 8.9%
Octagonal Resources Limited ABN 38 147 300 418
Suite 3, 51 - 55 City Road
Southbank VIC 3006
E info@octagonalresources.com.au
W www.octagonalresources.com.au
COMPANY PRESENTATION
Please find attached a copy of a Company presentation to be made by the MD, Mr Anthony Gray at the AGM held in VIC today.
For and on behalf of the Board.
Bob Tolliday
Additional information relating to Octagonal and its various mining and exploration projects can be found on the Company's website: www.octagonalresources.com.au
ABN: 38 147 300 418
ASX Code: ORS
Annual General Meeting
Melbourne
26 November 2015
Managing Director's Presentation
www.octagonalresources.com.au
Photo: Aircore drilling at the Burns Prospect (WA)
Disclaimer
Octagonal Resources Limited has prepared this presentation based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation.
All dollar terms expressed in this presentation are in Australian dollars unless otherwise stated.
To the maximum extent permitted by law, none of Octagonal Resources Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it.
This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever. This presentation may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Anthony Gray, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr Gray is a full-time employee of the company. Mr Gray has sufficient experience that is relevant to the styles of mineralisation and types of deposit under consideration and to the activities being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Gray consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information in this presentation that relates to exploration, mining, and production targets refers to targets that are conceptual in nature, where there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
Year In Review
$2.2 million rights issue closes with only 46% uptake, raising $1.0 million Heads of Agreement to sell Maldon Gold Operation to A1 Gold for $5.1 million
Formal Share Sale Agreement Executed
A1 Gold take management control of Maldon Gold Operation
$1.18 million Shortfall from November 2014 Rights Issue not able to be placed
Gandel Metals provides $1.0 million stand by credit facility
Reinterpretation of drilling at Burns Prospect identifies priority exploration target
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