Inactive Instrument

Bassari Resources

BSR

AU000000BSR7

Bassari Resources Limited Secures $400,000 Loan Facility

May 24, 2021 at 06:28 am IST

The Board and management of Bassari Resources Limited have secured a $400,000 loan facility, secured over the assets of the Company, to meet urgent and essential funding requirements of the Company in the short term. Lender: Oceanic Capital Pty Ltd. Term: On demand; Interest rate: 15% per annum; Discount rate: 12% per annum.

Latest news about Bassari Resources

Bassari Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	24/04	CI
Bassari Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2022	19/01	CI
Bassari Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2022	14/23/14	CI
Bishop Resources NL completed the acquisition of Bassari Mauritius Holding No 2 Ltd and Bassari Resources Senegal SARL from Bassari Resources Limited.	31/23/31	CI
Bishop Resources NL signed a binding term sheet to acquire Bassari Mauritius & Bassari Resources Senegal SARL from Bassari Resources Limited for AUD 34.3 million.	06/22/06	CI
Bassari Resources Limited Appoints Ian Riley as A Director	21/21/21	CI
Bassari Resources Limited Announces Resignation of Conrad George Manuel Karageorge as Director	15/21/15	CI
Bassari Mauritius Holding No2 Ltd, (Bassari Mauritius) A Subsidiary of Bassari Secures AUD 15 Million Loan from Bishop Resources Uk Ltd	29/21/29	CI
Bassari Resources' : Net Loss Widens in H1 2020	10/21/10	MT
Bassari Resources Limited Announces Consolidated Earnings Results for the Half Year Ended June 30, 2021	10/21/10	CI
Bassari Resources Limited Announces Change of Address	02/21/02	CI
Bassari Resources Limited Provides Further Update on Significant Recent Events	11/21/11	CI
Bassari Resources Limited Announces Makabingui Gold Project Update	27/21/27	CI
Bassari Resources Limited Announces Focused on Discovering and Developing Multi-Million Ounce Gold Deposits in the Birimian Gold Belt, Senegal, West Africa	08/21/08	CI
Bassari Resources : Appoints New Acting CEO; Secures New Loan	07/21/07	MT
Bassari Resources Limited Appoints Andrew Goode to the Board of Directors	07/21/07	CI
Bassari Resources Limited Appoints Andrew Goode to the Position of Acting Chief Executive Officer	07/21/07	CI
Bassari Resources Limited Secures $400,000 Loan Facility	24/21/24	CI
Declaration of Voting Results by Bassari Resources	10/21/10	CI
Bassari Resources Limited Announces Board Changes	10/21/10	CI
Bassari Resources Limited Provides Information to Shareholders	08/21/08	CI
BCM International Solicits Proxies from Shareholders of Bassari Resources Limited	08/21/08	CI
Bassari Resources Announces Resignation of Ian Riley as A Director	21/20/21	CI
Bassari Resources Limited Announces Consolidated Earnings Results for the Half Year Ended 30 June 2020	14/20/14	CI
Bassari Resources Limited Announces the Retirement of Mr. Ian Riley as A Director	03/20/03	CI

Chart Bassari Resources

Duration

Period

More charts

Company Profile

Bassari Resources Limited is an Australia-based company, which is engaged in mineral exploration within Senegal, West Africa. The Company is focused on discovering and developing ounce gold deposits in the Birimian Gold Belt, Senegal, West Africa. The Company's principal activities are to develop the Makabingui Gold Project, which covers an area of 128 square kilometers and consists of gold contained in four high grade pits within the permit. The permit is located in the south-eastern part of the Republic of Senegal and can be accessed by road through Kedougou to the south. The road distance to site from Dakar is approximately 750 kilometers. The Makabingui Gold Project hosts a mineral resource, which comprises over 11.9 million tons averaging approximately 2.6 grams/ton gold for a contained one million ounces of gold. The Environmental and Social Impact Study for the project was completed and approved.

Sector

Gold

More about the company

Sector Gold Mining

	1st Jan change	Capi.
NEWMONT CORPORATION	+1.35%	48.34B
AGNICO EAGLE MINES LIMITED	+24.36%	33.99B
BARRICK GOLD CORPORATION	-2.88%	29.92B
WHEATON PRECIOUS METALS CORP.	+14.20%	24.81B
NORTHERN STAR RESOURCES LIMITED	+5.13%	10.94B
ANGLOGOLD ASHANTI PLC	+29.43%	10.1B
KINROSS GOLD CORPORATION	+38.03%	9.97B
POLYUS	-.--%	8.77B
ROYAL GOLD, INC.	+5.98%	8.43B

Gold Mining