Echo Resources Limited

Equities

EAR

AU000000EAR9

End-of-day quote Australian S.E. Other stock markets			5-day change	1st Jan Change
- ^AUD	-.--%		-1.52%	+116.67%

2019	Northern Star Resources Limited completed the acquisition of remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others.	CI
2019	Echo Resources Limited(ASX:EAR) dropped from S&P/ASX Emerging Companies Index	CI

Echo Resources Limited announced that it expects to receive AUD 4 million in funding from MACA Limited, Northern Star Resources Limited

December 05, 2018

Echo Resources Limited (ASX:EAR) announced a private placement of 36,363,636 shares at AUD 0.11 per share for gross proceeds of AUD 4,000,000 on December 6, 2018. The transaction will include participation from existing investor Northern Star Resources Limited (ASX:NST) and other investor MACA Limited (ASX:MLD) for AUD 2,500,000 and AUD 1,500,000 respectively. Following the closing of the transaction, shareholding of Northern Star Resources Limited (ASX:NST) will increase from 19.78% to 22.74% and the investor will nominate a non-executive Director to the board of directors of the company.

The transaction is expected to close on December 17, 2018 and no shareholder approval will be required for the issue of those shares.

Latest news about Echo Resources Limited

Northern Star Resources Limited completed the acquisition of remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others.	19-11-10	CI
Echo Resources Limited(ASX:EAR) dropped from S&P/ASX Emerging Companies Index	19-11-04	CI
Echo Resources Limited Announces the Cessation of Timothy Marcus Stephen Hanlon as Director	19-10-16	CI
Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project in Western Australia	19-10-15	CI
Echo Resources Limited Announces Management Changes	19-10-15	CI
Metaliko Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-09-13	CI
Northern Star Resources Limited entered into a bid implementation agreement to acquire remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others for approximately AUD 180 million.	19-08-26	CI
Echo Resources Limited Provides Exploration Update for the Yandal Gold Project in Western Australia	19-08-25	CI
Echo Resources Limited Announces the Appointment of Alistair Cowden as Director Effective from 1 August 2019	19-08-04	CI
Echo Resources Limited Announces the Cessation of Barry Bolitho as Director	19-08-01	CI
Echo Resources Limited Announces Executive Changes	19-07-31	CI
Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project	19-07-10	CI
Echo Resources Limited Provides an Updated Mineral Resource Estimate for the 70% Owned Mt Joel Project	19-06-24	CI
Echo Resources Limited Announces Exploration Growth Strategy of Yandal Gold Project	19-04-28	CI
Echo Resources Limited Provides Update in Relation to the Revised Bankable Feasibility Study	19-03-26	CI
Echo Resources Limited Announces Unaudited Consolidated Earnings Results for the Half Year Ended December 31, 2018	19-03-14	CI
Echo Resources Limited Executes Native Title Agreement with Tarlka Matuwa Piarku (Aboriginal Corporation)	19-03-13	CI
Echo Resources Limited Receives Mining Approval from the West Australian Department of Mines, Industry Regulation and Safety	19-03-04	CI
Echo Resources Limited Announces Outstanding Drilling Results At the Mt Joel Gold Project	19-02-06	CI
Echo Resources Limited Announces Appointment of Richard Hill as Chief Financial Officer	19-01-23	CI
Echo Resources Limited Announces Latest Results from Air Core Drilling at Mt Joel Gold District Within the Yandal Gold Project	18-12-20	CI
Echo Resources Limited Announces Management Changes	18-12-17	CI
Echo Resources Limited announced that it has received AUD 4 million in funding from MACA Limited, Northern Star Resources Limited	18-12-16	CI
Echo Resources Limited announced that it expects to receive AUD 4 million in funding from MACA Limited, Northern Star Resources Limited	18-12-05	CI
Echo Resources Limited Announces Exploration Results at the Mt Joel	18-11-29	CI

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Company Profile

Echo Resources Limited is an Australia-based company engaged in exploration for mineral resources. The Company is focused on Gold in the Yandal Belt region of Western Australia. The Yandal Gold Project is located in the northern part of the Eastern Goldfields, and hosts the Julius Gold Project, as well as a range of prospective targets. The Company holds approximately 915 square kilometers tenement package across the Yandal Gold Province. The Julius Gold Project is located approximately 450 kilometers north of Kalgoorlie and over 70 kilometers east of Wiluna. The Zaphod Prospect is located within the southern part of the tenement package and within approximately 10 kilometers of multi-million ounce Gold deposits. The Company has also identified a range of regional targets at the Yandal Project. The regional prospects include Tipperary, Wimbledon, Bill's Find, Orpheus and Shady Well.

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