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Summary
- Name change of Dark Horse Resources Limited to NewPeak Metals Limited secured shareholder approval during the extraordinary general meeting and processed by the Australian Securities and Investments Commission.
- New name and ASX listing code of NPM took effect on the ASX on 10 September 2020.
- Website and social media presence re-branding is in process, with changes expected to be effective over the next week.
- The Company has a strong gold project portfolio in world-class mining jurisdictions of Finland, New Zealand and Argentina, each with drill ready targets.
Company name of gold explorer with presence in world-class mining jurisdictions, Dark Horse Resources Limited (ASX:DHR) has been changed to NewPeak Metals Limited. The new company name became effective on the ASX on Thursday, 10 September 2020. The Company also started trading under the new ASX listing code, NPM on the Australian Stock Exchange on 10 September.
Post shareholder approval for the name change as one of the resolutions during the extraordinary general meeting held on 7 September 2020, the Company advised on 9 September 2020 that the name change has already been processed by the Australian Securities and Investments Commission.
Get Familiar With Highly Competent Leadership Team at Dark Horse Resources Must Read
Rename: When and Why?
The re-branding of web and social media presence is already underway with the changes to be concluded over the next week.
The new website will be www.newpeak.com.au and the explorer can be contacted through email at [email protected]. The Twitter feed will also be moved from @ASX_DHR to @ASX_NPM.
Kalkine Image (Source: ASX Updates)
The minerals explorer has acquired key gold projects in the Tier 1 mining jurisdictions of Finland and New Zealand and plans dual listing on one of the European stock exchanges.
Must Read: Dark Horse Bets on Key Gold Projects in Record High Gold Market
Here are the developments on international presence of the gold explorer-
- Finland: The exploration permits are currently being transferred from the vendor, Sotkamo to one of the Company’s wholly owned Finnish subsidiaries. The Tampere Gold Project is highly prospective with historical gold assay grades up to 19.4 g/t. Drilling program at the project will commence once all permits are transferred.
- Argentina: A drilling contract, drilling permits, and other contractual and logistic activities are underway. Drilling program proposed in December 2020.
- New Zealand: Binding agreement signed to acquire whole or partial stakes in Otago Gold properties including the drill-ready Cap Burn project. Drilling program planned for summer 2020/2021.
For latest acquisition, read: Dark Horse Executes Binding Term Sheets to Acquire Otago Gold Assets in New Zealand
Furthermore, the Company holds substantial interest in the Bergslagen Tungsten Project and ASX-listed Lakes Oil (ASX:LKO), an oil explorer and developer.
Good Read: Dark Horse’s Remarkable June Quarter, Gold and Tungsten Projects’ Acquisition in Spotlight
