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60th ​Annual Louth Cup 2018 | Photos

60th ​Annual Louth Cup 2018 | Photos

Ethan Muddle, Graham Lyall, Hayley Follett and Mal Muddle from Port Stephens. Photos: Zaarkacha Marlan

Michelle Dunn, Carene Stephens, Kira Knight and Letiticia Tiffen from Taree and Bourke.

Tex, Archie Harding and Tom Powell from Narromine.

People from across Australia gathered together in the tiny town of Louth for the annual race weekend.

Georgia Dally from Broken Hill with Meg Schaefer from Grenfell.

Kate Hessel, Sav Bowman, Sophie McKenzie and Emily Barwick from Forbes.

Emily Pitt and Emily Currans from Nyngan.

Tamara Ingold, Bek Cunial, Olivia Carusi and Natasha Ings from Griffith.

Beau and Natasha Ings from Griffith.

Meghan Brumby from Binya and Rose Byrne from Hillston.

Rose Byrne, Chris Green with Matt Winkel from Burrenjunction and Will Thorncraft from Yeoval.

Elizabeth and Howard Hoper from Dubbo with Elaine Cook and Shane Luford from Sydney celebrating the Cup's 60th anniversary featuring each winner.

Mark Hawk..

60th ​Annual Louth Cup 2018 | Photos

  • Ethan Muddle, Graham Lyall, Hayley Follett and Mal Muddle from Port Stephens. Photos: Zaarkacha Marlan

  • Michelle Dunn, Carene Stephens, Kira Knight and Letiticia Tiffen from Taree and Bourke.

    Michelle Dunn, Carene Stephens, Kira Knight and Letiticia Tiffen from Taree and Bourke.

  • Tex, Archie Harding and Tom Powell from Narromine.

    Tex, Archie Harding and Tom Powell from Narromine.

  • People from across Australia gathered together in the tiny town of Louth for the annual race weekend.

    People from across Australia gathered together in the tiny town of Louth for the annual race weekend.

  • Georgia Dally from Broken Hill with Meg Schaefer from Grenfell.

    Georgia Dally from Broken Hill with Meg Schaefer from Grenfell.

  • Kate Hessel, Sav Bowman, Sophie McKenzie and Emily Barwick from Forbes.

    Kate Hessel, Sav Bowman, Sophie McKenzie and Emily Barwick from Forbes.

  • Emily Pitt and Emily Currans from Nyngan.

    Emily Pitt and Emily Currans from Nyngan.

  • Tamara Ingold, Bek Cunial, Olivia Carusi and Natasha Ings from Griffith.

    Tamara Ingold, Bek Cunial, Olivia Carusi and Natasha Ings from Griffith.

  • 60th ​Annual Louth Cup 2018 | Photos
  • Beau and Natasha Ings from Griffith.

    Beau and Natasha Ings from Griffith.

  • Meghan Brumby from Binya and Rose Byrne from Hillston.

    Meghan Brumby from Binya and Rose Byrne from Hillston.

  • Rose Byrne, Chris Green with Matt Winkel from Burrenjunction and Will Thorncraft from Yeoval.

    Rose Byrne, Chris Green with Matt Winkel from Burrenjunction and Will Thorncraft from Yeoval.

  • Elizabeth and Howard Hoper from Dubbo with Elaine Cook and Shane Luford from Sydney celebrating the Cup's 60th anniversary featuring each winner.

    Elizabeth and Howard Hoper from Dubbo with Elaine Cook and Shane Luford from Sydney celebrating the Cup's 60th anniversary featuring each winner.

  • Mark Hawke from Dubbo with Jonny Mac and Tony Falkenhagen from Louth.

    Mark Hawke from Dubbo with Jonny Mac and Tony Falkenhagen from Louth.

  • Cassie Collett from Coffs Harbour with Emily Rogers from Dubbo.

    Cassie Collett from Coffs Harbour with Emily Rogers from Dubbo.

  • Caitlyn Rose and Katie White from Nyngan.

    Caitlyn Rose and Katie White from Nyngan.

  • Fran and Rick Bennetts from Mount Barker Western Australia.

    Fran and Rick Bennetts from Mount Barker Western Australia.

  • Laura, Anthony, Monique, Rocky, Luke, Kiarra and Darcey from Melbourne and Lake Cargelligo.

    Laura, Anthony, Monique, Rocky, Luke, Kiarra and Darcey from Melbourne and Lake Cargelligo.

  • Mark and Zeita from Yeoval.

    Mark and Zeita from Yeoval.

  • Felicity Weal from Cowra with Ashley Hudson from Orange.

    Felicity Weal from Cowra with Ashley Hudson from Orange.

  • Samantha, Amy, Melissa, Debbie with little Morgan visiting from Kyabram Victoria.

    Samantha, Amy, Melissa, Debbie with little Morgan visiting from Kyabram Victoria.

  • Jess, Brad and Jeff from Dubbo.

    Jess, Brad and Jeff from Dubbo.

  • 60th ​Annual Louth Cup 2018 | Photos
  • Hannah, Kirsten, Mandy and Melissa from Bourke.

    Hannah, Kirsten, Mandy and Melissa from Bourke.

  • Woody and Jesse a.k.a Barry and Donna from Wollongong.

    Woody and Jesse a.k.a Barry and Donna from Wollongong.

  • (Front) Anna Robson, Robert Thomas (Coonamble), Marie Kruger (Queensland) with Stephan Buckly (Bathurst) and Virginia Harvey (Lauriton).

    (Front) Anna Robson, Robert Thomas (Coonamble), Marie Kruger (Queensland) with Stephan Buckly (Bathurst) and Virginia Harvey (Lauriton).

  • Sam, Sarah and Jenny from Louth and great grandchildren of Dermot Murray.

    Sam, Sarah and Jenny from Louth and great grandchildren of Dermot Murray.

  • Ellie Smith and Rachel Kelly.

    Ellie Smith and Rachel Kelly.

  • Phillip Ridge (Bourke), Murray Bragg (Brewarrina), Di Ridge (Bourke) and George Falkiner (Warren).

    Phillip Ridge (Bourke), Murray Bragg (Brewarrina), Di Ridge (Bourke) and George Falkiner (Warren).

  • Emily and Lachlan from Sydney with Kerrie and Kylie from Molong and Cobar.

    Emily and Lachlan from Sydney with Kerrie and Kylie from Molong and Cobar.

  • Megan Baty from Hungerford was celebrating her 18th Birthday in style with Rebecca Bennett from Louth.

    Megan Baty from Hungerford was celebrating her 18th Birthday in style with Rebecca Bennett from Louth.

  • Committee members Cheryl Hayman, John Mcinnes, Jason Boede and John Hayman looking after the gate.

    Committee members Cheryl Hayman, John Mcinnes, Jason Boede and John Hayman looking after the gate.

Thousands of people hit the bitumen and eventual dirt roads for the 60th annual Louth races, and a night or two under the stars.

Over 4000 people from across Australia travel to the tiny community in the middle of remote north-west NSW that swells from fewer than 50 to thousands for one weekend every year for one of NSWs most iconic outback race meets.

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It was a jam packed day with a novelty dress competition, a drought fundraiser, a record calcutta and live entertainment by the Jade Martin Band featuring Pete Riley after the last race.

This year it was horse number three, Rusty Motorbike ridden by Michael Hackett and trained by Nyngans Rodney Robb, which took out the top prize for the day in the Dermot Murray Memorial Louth Cup, this year sponsored by Landmark Walsh Hughes and Landmark Russell.

Best dressed lady in this years fashions on the field went to Condobolins Lily Ward, with Sara Jane Jackson from Bourke narrowly finishing second and Emma Burge from Narromine claiming third place.

Take a look through the gallery above to see how the 2018 cup day was enjoyed!

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Australia

Emmerson Resources implements cost-saving measures in response to COVID-19

Emmerson Resources Limited (ASX:ERM) has implemented cost-saving measures in response to the impact of COVID-19 on operations with directors, management and staff reducing fees and salaries by up to 50%.

The pandemic has resulted in the company ceasing exploration activities at its projects in the Northern Territory and in Central West NSW, including high impact drilling planned for the Kiola project.

Emmerson managing director Rob Bills said: “We have prudently implemented cost-saving measures across our business to help weather the challenging economic conditions we currently face.”

Incentive Option Scheme[hhmc]
The company intends to issue options to employees and directors under its Incentive Option Scheme.

Directors consider that options provide an effective form of compensation that allows the company to conserve cash and incentivise employees.

The options offered to employees will have an exercise price of 14 cents, a premium of 70% to last weeks VWAP, and will expire on De..

Emmerson Resources Limited (ASX:ERM) has implemented cost-saving measures in response to the impact of COVID-19 on operations with directors, management and staff reducing fees and salaries by up to 50%.

The pandemic has resulted in the company ceasing exploration activities at its projects in the Northern Territory and in Central West NSW, including high impact drilling planned for the Kiola project.

Emmerson managing director Rob Bills said: “We have prudently implemented cost-saving measures across our business to help weather the challenging economic conditions we currently face.”

Incentive Option Scheme


The company intends to issue options to employees and directors under its Incentive Option Scheme.

Directors consider that options provide an effective form of compensation that allows the company to conserve cash and incentivise employees.

The options offered to employees will have an exercise price of 14 cents, a premium of 70% to last weeks VWAP, and will expire on December 31, 2023.

Options to be issued to directors, including the managing director, will be subject to approval of shareholders at the companys next general meeting in accordance with ASX Listing Rules.

New company secretary


Emmerson has also appointed Paul Mason as company secretary following the resignation of Trevor Verran effective from April 6, 2020.

Mason is a Chartered Accountant and has more than 20 years experience in finance and accounting within the resources industry.

He was formerly company secretary and group accounting manager at Kingsgate Consolidated Ltd and prior to that company secretary and financial controller at Catalpa Resources Ltd, which is now Evolution Mining Ltd (ASX:EVN).

The board has acknowledged the valuable contribution TRead More – Source

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Australia

Blackham Resources substantial holder Delphi lifts stake to 39.03%

Blackham Resources Ltd (ASX:BLK) (FRA:NZ3) (OTCMKTS:BKHRF) substantial shareholder Delphi continues to show confidence in the companys gold strategy, lifting its stake to 39.03%.

The German-based prolific Australian junior resources sector investor and related entities now hold more than 3.3 billion Blackham shares.

Despite difficult market conditions, Blackhams recent non-renounceable pro-rata entitlement offer received strong support from large institutions and cornerstone investors (including Delphi) and the company's chairman Milan Jerkovic.

Blackham raised about $26.15 million before costs from the offer.

Sulphide Expansion Project[hhmc]
Jerkovic said after the raising: “Blackham is fortunate to have Delphi and a number of significant global institutions that stepped up during the past months market turmoil.

“We take that as a real show of support not only for the Wiluna project but for the current management team and our staged strategy to becoming one of the largest si..

Blackham Resources Ltd (ASX:BLK) (FRA:NZ3) (OTCMKTS:BKHRF) substantial shareholder Delphi continues to show confidence in the companys gold strategy, lifting its stake to 39.03%.

The German-based prolific Australian junior resources sector investor and related entities now hold more than 3.3 billion Blackham shares.

Despite difficult market conditions, Blackhams recent non-renounceable pro-rata entitlement offer received strong support from large institutions and cornerstone investors (including Delphi) and the company's chairman Milan Jerkovic.

Blackham raised about $26.15 million before costs from the offer.

Sulphide Expansion Project


Jerkovic said after the raising: “Blackham is fortunate to have Delphi and a number of significant global institutions that stepped up during the past months market turmoil.

“We take that as a real show of support not only for the Wiluna project but for the current management team and our staged strategy to becoming one of the largest single asset gold producers in Australia.

“The resultant transformation of the Blackham balance sheet will allow the company to move rapidly ahead on its previously announced Sulphide Expansion Project.”

Delphis largest mining investment to date


Major Delphi shRead More – Source

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Australia

Euro Manganese closes first tranche of C$1 million non-brokered private placement

Euro Manganese Inc (ASX:EMN) (CVE:EMN) has closed the first component of a non-brokered private placement which is expected to raise in excess of C$1.005 million in two tranches.

Tranche-one comprised 4.47 million shares and 227,273 CHESS Depositary Interests (CDI) at a price of C11 cents per share and A13 cents per CDI for aggregate gross proceeds of C$517,489.

The second tranche of the offering, consisting of subscriptions by related parties of the company of 4.26 million shares at the same prices for aggregate gross proceeds of C$487,780, is expected to close on or about May 5, 2020.

Tranche-two is subject to approval by the companys shareholders as required by Listing Rule 10.11.5 of the Australian Securities Exchange and EMN has called a special meeting of shareholders for May 1, 2020, for this purpose.

Funds to advance manganese project[hhmc]
Placement proceeds will be used to further advance the Chvaletice Manganese Project in the Czech Republic, including advancing the feas..

Euro Manganese Inc (ASX:EMN) (CVE:EMN) has closed the first component of a non-brokered private placement which is expected to raise in excess of C$1.005 million in two tranches.

Tranche-one comprised 4.47 million shares and 227,273 CHESS Depositary Interests (CDI) at a price of C11 cents per share and A13 cents per CDI for aggregate gross proceeds of C$517,489.

The second tranche of the offering, consisting of subscriptions by related parties of the company of 4.26 million shares at the same prices for aggregate gross proceeds of C$487,780, is expected to close on or about May 5, 2020.

Tranche-two is subject to approval by the companys shareholders as required by Listing Rule 10.11.5 of the Australian Securities Exchange and EMN has called a special meeting of shareholders for May 1, 2020, for this purpose.

Funds to advance manganese project


Placement proceeds will be used to further advance the Chvaletice Manganese Project in the Czech Republic, including advancing the feasibility study and preparation of the Environmental Impact Assessment submission as well as for other general corporate purposes.

Fees payable by the company in connection with the offering are a management fee, payable in cash of 1% of the aggregate gross proceeds from the offering.

Shares issued pursuant to the first tranche of the offering are subject to a four-month and one day statutory hold period expiring on August 7, 2020.

Stock option grant


Euro Manganese will also grant stock options to an officer, an employee and a consultant to purchase up to an aggregate of 350,000 shares.

These options are exercRead More – Source

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