Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Liberty Resources Substantial Shareholder Tops Up Interest To 10% 0 comments
    Jan 19, 2014 10:00 PM

    Liberty Resources' (ASX: LBY) substantial shareholder Auto Investment International has increased its stake in the company to 10% from 8.3%.

    Auto acquired 289,709 shares for $12,803.63 ($0.044 per share) on 7 January and 4,564,946 shares for $251,072.03 ($0.055 per share) on 17 January, bringing its total shareholding to 28,354,655 shares.

    Liberty had in November engaged McElroy Bryan Geological Services (MBGS) for the provision of geological, exploration and technical advisory services after its analysis revealed that a high quality coking coal fraction with a crucible swell number greater than 9 can be produced from its EPC1949 coal tenement in the Bowen Basin, Queensland.

    MBGS has been advising the coal Industry for more than 40 years and will help the company with its exploration strategy, preparation of a geological model as well as coal identification and resource estimation.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.