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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a known strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Bullboard Posts
Comment by arcoe1on May 14, 2014 11:52am
144 Views
Post# 22560611

RE:NEWS Newport adopts poison pill, no takeover offers in sight

RE:NEWS Newport adopts poison pill, no takeover offers in sightAnother question for Ian and Barb: Why didn't you just post this announcement and the previous ones since mid February as notes in your next quarterly financials instead of wasting the money on press releases. Really, is that not all that is necessary for material disclosure?
Bullboard Posts