Sylvania Resources (“Sylvania or the Company”) announces that in accordance with the shareholder approval received on 30 November 2005, it has today issued 300,000 shares under the terms of the Sylvania Resources Share Plan to employees of the Company.
Sylvania Resources Limited (“Sylvania”) announces that in accordance with shareholder approval received on 30 November 2005, it has today issued 1,000,000 Options under the terms of the Sylvania Resources Option Plan to five employees/consultants of the Company.
The Directors of Sylvania Resources Limited (“Sylvania”) announce that further to its contract with Samancor Limited, the Company has been granted prospecting rights over dumps at several of Samancor’s Western and Eastern Chrome Mines located in the Bushveld Complex of South Africa.
The Directors of Sylvania Resources Limited (“Sylvania”) are pleased to announce that they have lodged with the London Stock Exchange Plc, a copy of the Company’s AIM Admission document and that they have entered into a Placing Agreement with Williams de Broë to place 40 million shares at 30 pence (A$0.74) each (“Placing Shares”) to its clients to raise twelve million pounds (A$29.6 million).
The Directors of Sylvania Resources Limited (“Sylvania”) are pleased to announce that detailed Contracts with Samancor Limited (“Samancor”) have been signed to cover the terms of the retreatment of Samancor’s tailings for the extraction of chrome and platinum group metals (“PGM’s”)
On 22nd November 2005, Sylvania Resources Ltd ("Sylvania") announced it had entered into a contract with Samancor Ltd ("Samancor") with respect to the retreatment by Sylvania of the Millsell and Waterkloof tailings dumps for the recovery of chromite and Platinum Group Metals ("PGM's").
The Directors of Sylvania Resources Limited (“Sylvania”) are pleased to announce a re-organisation of its executive team in response to its expanding activities in South Africa. The changes outlined below will take immediate effect.
