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PARKER RESOURCES LIMITED

ASX: PKR

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Parker Resources Limited is an Australian based mineral exploration company formed for the purpose of acquiring and developing prospective mineral properties in Australia.

On 24 July 2014 and 11 December 2014 the Company announced that it had entered into a conditional agreement to acquire 100% of the issued capital in Ensurance Capital Pty Ltd by way of a share sale agreement. The acquisition of Ensurance will results in a significant change to the nature and scale of the activities of the Company from a mining exploration company to a company with interests in the insurance industry.

Parker intends to continue to fund its obligations in respect to the mineral tenement located near Cue in the Murchison, Australia. If the shareholders of Parker approve the acquisition of Ensurance, post completion, the new board of Parker will undertake a review of the asset.

Mine For

gold

Location of operation(s)

Western Australia

Address

Level 4, 66 Kings Park Road
WEST PERTH, WA, Australia

Phone

+61 8 6141 3500

Email

Website


Last Updated

26/3/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.