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Market: ASX
Sector: Gold Mining
Epic: GDN
News: Latest news
Web Site: Golden State Resources
Other Articles: 10-03-201008-03-201004-03-2010

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Tuesday March 16, 11:50Gulf Resources: a burgeoning industrial minerals force in Africa

A new force in industrial minerals is taking shape in Africa, following on from Gulf's acquisition of world class vermiculite assets from Rio Tinto International in 2009.  

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Golden State Resources

Golden State Resources

Golden State Resources Limited (GDN) is an ASX-listed public company with headquarters in Perth, Western Australia. Floated in 1996, the Company is primarily focused on oil and natural gas exploration in the USA and gold projects in the Eastern Goldfields region of Western Australia.

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Friday, July 03, 2009

Golden State Resources to raise funds for exploration in Golden Eagle Gas Field, Utah

Golden State Resources (ASX: GDN) has announced a non-renounceable rights issue of twenty four (24) options for every twenty five (25) shares held at an issue price of 1 cent per new option.

The new options will have an exercise price of 12 cents each and expire on 30 November 2010. The new options will be quoted on the ASX.

Based on full take-up by shareholders, the rights issue would raise approximately $3,814,900 before costs.

The Rights Issue is fully underwritten.

Funds raised will be used for exploration activities in the company's Golden Eagle Gas Field in Grand County Utah, and for working capital purposes.

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