Jupiter Mines : Completes Demerger of Juno Minerals Limited
May 07, 2021 at 05:50 am IST
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JUPITER MINES
LIMITED
ABN 51 105 991 740
ASX: JMS
Announcement
7 May 2021
Registered Office:
Level 10
16 St Georges Terrace
Perth WA 6000
Phone: +61 8 9346 5500
Email:investorrelations@ jupitermines.com
Website: www.jupitermines.com
Directors & Officers:
Brian Gilbertson
Paul Murray
Andrew Bell
Priyank Thapliyal
Yeongjin Heo
Hans Mende
Brian Beem (alternate to Hans Mende)
Melissa North
Issued Capital:
Ordinary shares: 1,958,991,033
Current Assets:
World class Tshipi Manganese Mine
Advanced Central Yilgarn Iron Ore Projects
JUPITER COMPLETES DEMERGER
OF JUNO MINERALS LIMITED
Jupiter Mines Limited ("Jupiter") (ASX: JMS) is pleased to announce that the demerger of Juno Minerals Limited ("Juno") from Jupiter was implemented today, via the in-specie distribution of Juno shares to Jupiter shareholders.
Juno has also received conditional approval to be admitted to the Official List of the ASX, triggering completion of the demerger. Holding statements will be despatched on Tuesday 11 May.
The ASX listing of Juno is expected to take place on Friday 14 May.
Jupiter Mines Limited published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2021 00:20:00 UTC.
Jupiter Mines Limited is an Australia-based independent mining company. The Company, through Tshipi e Ntle Manganese Mining Proprietary Ltd (Tshipi), operates the Tshipi manganese mine, an open pit mine in the Kalahari Manganese Field (KMF) located in the Northern Cape of South Africa. Tshipi is operating at a production run-rate of approximately 3.3 million tons per annum (Mtpa), being is a manganese mine in South Africa. Tshipi produces lumpy and fines manganese ore product with average grades of around 36.5% and 35.5% respectively. Tshipi's logistics operations allow it to adapt export quantities to market conditions. Tshipi uses a combination of rail and road transport to transport processed manganese ore from the mine to various ports, including Port Elizabeth, Saldanha, Cape Town, Port Elizabeth and Durban in South Africa, and Ludertiz in Namibia.