Past year: ▼ 35%(5.30c – 8.90c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
11 Aug 2011drilling result▲ GoodMajor
A Pirie Basin rotary hole at the Glensea Prospect returned 12 metres at 0.42% copper from 186 m to end of hole, with some gold, uranium and rare earths. Company sees possible iron-oxide copper-gold-uranium style mineralisation, a new copper angle. Core drilling is planned.
28 July 2011drilling result▲ GoodMajor
Pirie Basin's first program (31 rotary holes, ~4,300 m) found thick Eocene sands suited to in situ recovery in all 26 target-area holes. Best uranium readings were 11 m at 102 ppm eU3O8 in basement clay and 0.44 m at 84 ppm in sands. Closer-spaced drilling is next; no discovery yet.
19 July 2011drilling result▲ Good
Completed soil sampling at Cutana found seven further strongly anomalous gold zones southwest of White Dam, in addition to the northern targets. Some resemble neighbouring Vertigo and Ambush prospects. Infill sampling to define drill positions starts next week; no drilling yet.
6 July 2011other● Neutral
Administrative notice that 20,141,667 shares will be released from ASX escrow and can be traded from 2 August 2011. No new project or financial information.
23 June 2011drilling result▲ Good
Soil sampling at the 100%-owned Cutana Project found five areas of strong anomalous gold (peaks above 10 ppb in three) just north of the White Dam gold mine. Results for the larger southern block are pending; drilling is a later step. Follows April's Cutana sampling start.
17 June 2011director officer appointment● Neutral
Duncan Cornish resigned as joint Company Secretary effective 15 June 2011. Angelo Gaudio continues as CFO and sole Company Secretary and is the ASX listing rule contact.
25 May 2011drilling result▲ GoodMajor
First Pirie Basin drill results: all nine rotary holes hit thick Eocene sands (up to 60 metres), the same host as nearby Mullaquana, with gamma readings up to 0.010% eU3O8 at about 120 metres. A further 2,000 metres is planned to find mineralised traps. Early encouraging, not yet a discovery.
18 Apr 2011regulatory community update▲ Good
Government airborne survey data appear to show basement conductors over the historic Luck at Last copper mine in the Farina Project, which Renaissance says fits its copper-uranium model. A detailed survey is planned before any drilling.
11 Apr 2011regulatory community update▲ Good
Review of old data at the 100%-owned Cutana Project shows elevated uranium in gossans at Shorts Dam (peak 285 ppm U3O8) and possible gold structures extending from the nearby White Dam mine. Geochemical sampling has started; no drilling yet.
1 Apr 2011drilling spud▲ GoodMajor
Renaissance began a 3,500 metre drilling program at Pirie Basin, including 30 rotary mud holes to test whether UraniumSA's Mullaquana uranium extends southwest, plus up to six holes on iron-oxide copper-gold-uranium targets. This is its first drilling since listing.
28 Feb 2011regulatory community update▲ Good
Five exploration leases granted: four in the Marree Projects and one at Gairdner. Marree leases show uranium anomalies in airborne data. Reconnaissance work, including sampling and gravity access, is planned from March.
28 Feb 2011director officer appointment● Neutral
Angelo Gaudio, formerly Vice President Finance at Heathgate Resources (Beverley mine), appointed Chief Financial Officer and joint Company Secretary from 28 February 2011. Duncan Cornish stays as joint Company Secretary.
17 Feb 2011farm in farm out completion▲ GoodMajor
South Australian regulator consented to the Cowell JV over EL 3978, resolving the pending approval. Renaissance issued Hiltaba 750,000 shares and 750,000 options at $0.24. It can earn 75% of the 840 km2 licence; Pirie Basin drilling expected this quarter.
29 Dec 2010other● Neutral
Share trading policy adopted 24 December 2010, setting clearance rules for directors and staff dealing in company securities. Standard administrative document with no new substance.
24 Dec 2010drilling progress report● Neutral
Initial gravity survey over the Pirie Basin Project is complete. Data will be reviewed in early 2011 to choose drill sites, after which Renaissance will either drill selected targets or run more detailed gravity surveys.
20 Dec 2010joint venture update● Neutral
Stellar Resources congratulates Renaissance on listing and restates the Pirie Basin JV terms: Renaissance earns 75%, must spend at least $500,000 over 18 months, and Stellar gets 750,000 shares and options once ministerial consent is granted. No new events.
15 Dec 2010other▲ Good
Renaissance began trading on ASX as RNU on 15 December 2010 after an $8.0m IPO at $0.20 per share, giving a $22.7m market value and $9.5m pro-forma net cash. Pirie Basin is the first priority, with drilling expected early 2011.
13 Dec 2010annual report● Neutral
Audited accounts for the year to 30 June 2010 show a pre-listing uranium explorer with no employees and no dividends. Directors include Chairman David Macfarlane and Managing Director David Christensen. Financial figures are not shown in the text.
13 Dec 2010other● Neutral
Administrative pre-quotation notice listing the documents released ahead of trading, such as top 20 holders, tenement report and accounts. No new substance itself.
13 Dec 2010other● Neutral
Corporate governance charter setting out board and committee rules (audit, remuneration, nominations). Standard administrative document with no new substance.
13 Dec 2010other● Neutral
Rules of the employee share and option plan, under which the board decides eligibility, issue prices and option terms. Standard plan document; no grants announced.
13 Dec 2010other● Neutral
ASX listing circular confirming quotation from 15 December 2010 of 49.7 million shares. Lists large escrowed holdings (37.2 million shares for 24 months) and options. Administrative.
13 Dec 2010other● Neutral
Solicitors' tenement report dated 9 November 2010 reviewing the company's South Australian and Northern Territory licences, covering legislation, rent, expenditure and native title. Text shown is truncated, so no conclusions are available.
13 Dec 2010other● Neutral
Company constitution, amended by members on 30 August 2010, covering share rights, meetings and director rules. Standard administrative document.
13 Dec 2010other● Neutral
Registry letter confirming escrow of shares and options for the listing: 20.1 million shares until August 2011, 5.5 million until September 2011, and 37.2 million for 24 months. Administrative.
13 Dec 2010other● Neutral
ASX listing application form: 113.25 million shares and 13.55 million unquoted options. Lists directors, with David Christensen as CEO and Managing Director on a three-year agreement. Administrative.
13 Dec 2010material agreement● Neutral
Update on pending approvals: renewals of three South Australian licences (EL 4394, 4399, 4400) are awaiting ministerial sign-off, and the Hiltaba joint venture over EL 3978 awaits ministerial consent. 2 million underwriter options at $0.24 were issued.
13 Dec 2010other● Neutral
Share distribution schedule at 10 December 2010: 112.5 million shares held by 558 investors, with 85% held by holders of over 100,000 shares. Administrative listing disclosure.
13 Dec 2010other▲ GoodMajor
Renaissance Uranium was admitted to the ASX official list on 13 December 2010, with 49.7 million shares issued at 20 cents to begin quotation on 15 December.
13 Dec 2010security holder rights change● Neutral
Standard terms for 2.4 million consultant options, exercisable at $0.24 and expiring three years after quotation. Administrative; no new events.
