In the media

Disclaimer:
Please note that the articles contained in this section of the website have been selected from articles published by the media. The facts and opinions expressed therein are those reported by the journalist and publication and therefore may not necessarily reflect those reported by the Company.

11 October 2013

Waterberg’s Firestone Energy takeover closes

[Mining Weekly] - ASX-listed Waterberg Coal Company (WCC) has acquired 45.88%, or 1.63-billion shares, of dual-listed Firestone Energy. Full article

1 October 2013

Waterberg Coal Company lists on AltX

[Mining Weekly] - ASX-listed coal miner Waterberg Coal Company (WCC) on Tuesday announced that it had listed on the Johannesburg Stock Exchange’s AltX – becoming the 105th company to do so. Full article

19 April 2013

Firestone Energy approaches Takeover Panel on Range River offer

[Business Day Live] - Coal developer Firestone Energy has made an application to the Australian Takeovers Panel, seeking a declaration of unacceptable circumstances in respect of the hostile takeover offer made by fellow ASX-listed Range River Gold. Full article

16 April 2013

Firestone enters into talks with interested funders

[Mining Weekly] - ASX- and JSE-listed Firestone Energy has entered into discussions with interested parties regarding future funding. Full article

11 April 2013

Waterberg bounty makes Firestone Energy a target

[Mining Weekly] - The growing attraction of the development of coal projects in the Waterberg region of Limpopo to supply Eskom’s power stations has turned ASX- and JSE-listed fledgling miner Firestone Energy into a potential takeover target. Full article

22 February 2013

Firestone Energy valuation done

[Business Day] - Firestone Energy yesterday released a valuation undertaken by Venmyn Deloitte of its Waterberg coal project joint venture with Sekoko Resources. The project was valued between R1,247m and R1,437m. Firestone commissioned the assessment as part of its effort to fend off Australian-listed Range River Gold's offer of one of its shares for two Firestone shares. Full article

5 February 2013

Firestone completes first settlement under financial-restructuring process

[Mining Weekly] - In the first stage settlement of South African coal miner Firestone Energy’s financial restructuring, it had sold 27.15-million new convertible notes (NCNs) to Ariona Company for A$5-million in cash. Full article

1 February 2013

Firestone reports progress on Waterberg coal project

[Business Day] - COAL company Firestone Energy, listed in Australia and South Africa, said on Thursday the technical team of its Waterberg joint venture with Sekoko Resources "continued to progress the bankable feasibility study" for the proposed mine in Waterberg over the three-month period ended December last year. Full article

31 January 2013

Firestone aims to complete study

[Business report] - The bank feasibility study (BFS) for Firestone Energy (FSE) and Sekoko Resources’ Waterberg Coal Project - the Waterberg Joint Venture (WJV) - continued during the December quarter‚ with the aim of completing it by March 31 2013. Full article

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