King River Resources Ltd T.KRR

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd > Any surprises

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Comment by MaterialsManon Jun 23, 2024 10:35am

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Post# 36102170

RE:Any surprises

I don't know if excluding shareholders who bought last week from voting is SOP, but it seems strange.
The SpinCo thing has me a bit confused. I thought the name of the spun out company was Kali Metals
ASX:KMI.
Also didn't expect that the document would be so concise.
I figured it would be 40 pages or so of fine print.
I guess now it's a matter of getting the 66+% of the shareholders to vote on the proposal.
Sometimes folks think their vote doesn't matter. That's not always the case.

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