DRILLHOLE COS18359 RETURNS 62m WITH 0.47% COPPER MINERALISATION AT APPROXIMATELY 500m DEPTH BELOW GRANLIDEN HILL
Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce significant copper assay results from drillhole COS18359 in the Granliden Hill area. Details of the drillhole location, azimuth, angle and length are provided in the Technical Report - Update on 2018 Drilling Campaign published on the 17th May 2018.
On May 17th 2018, the Annual General Meeting of Copperstone Resources AB (below "Copperstone" or "the Company") resolved upon an incentive program for a maximum number of warrants corresponding to 2,000,000 B-shares . The program/warrants has now been fully subscribed. The warrants have three years to maturity and the exercise price is 3.13 SEK per share of Series B. The maximum dilution amounts to 0.82% of the number of shares and votes in Copperstone.
Idag den 17 maj 2018 hölls årsstämma i Copperstone Resources AB (publ) ("Bolaget") i Bolagets lokaler på Svärdvägen 21 i Danderyd. Nedan följer en sammanfattning av de beslut som fattades. Samtliga beslut fattades enhälligt.
Copperstone Resources AB ("Copperstone" or "the Company") is pleased to present an update on the drilling programme at Granliden Hill and to provide information on the current geological interpretation relative to geophysics. Note that assay results from the fourth hole are still pending. (See attached interim technical report).
Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce the Interim Quarterly Report (Q118) for the Company. A brief summary of the report follows:
Financial results of the Group for the Q118 period:
- Net revenue for the period was 0 (11) KSEK and loss before taxes amounted to -1 058 (-2 887) KSEK.
- Earnings after tax per share were -0.004 (-0.01) SEK.
- The cash flow during the period was -12 460 (10 828) KSEK.
- Total assets at the end of the period was 70 494 (52 171) KSEK and a bank balance of 15 826 (13 557) KSEK.
- The closing balance of cumulative capitalised expenditure for exploration amounted to 43 068 (28 523) KSEK.
Aktieägarna i Copperstone Resources AB (publ) org. nr 556704-4168 ("Bolaget"), kallas härmed till årsstämma torsdagen den 17 maj 2018 klockan 16.00 i konferenslokalen Lyktan på Bolagets kontor på Svärdvägen 21 i Danderyd. Inregistreringen till stämman kommer att öppna klockan 15.15.
Copperstone Resources: Distribution in kind of the holdings in Nordic Iron Ore AB prior to its market listing
The Board of Copperstone Resources AB (publ) (the "Company" or "Copperstone") is pleased to announce that Nordic Iron Ore AB (publ) ("NIO" or "Nordic Iron Ore") is preparing a market listing of their shares (the "Listing"). Copperstone currently holds 11.157.684 shares in NIO, corresponding to approximately 10.2 percent of the total shares in Nordic Iron Ore.
Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce results for drill holes COS18356 and COS18357 collared at Granliden. These are the first two drill holes of the 2018 drill campaign that is focused on exploration for a porphyry-style system to explain the existence of quartz veins containing chalcopyrite mineralisation in this area.
Copperstone Resources AB ("Copperstone" or "the Company") is pleased to announce that our new web site has been released today. The web site has been designed, developed and implemented by Wasabi Web AB from Uppsala.
Copperstone Resources AB
Marknadsplats: First North
2018-08-23 Interim report Q2 2018