CAPITAL MARKETS

ABM shareholders approve name change

ABM Resources (ASX:ABU) will shortly change its name to Prodigy Gold after shareholders approved the change.

Staff reporter
The new name will reffect ABM's focus on gold exploration targets in the Tanami region

The new name will reffect ABM's focus on gold exploration targets in the Tanami region

The name change will reflect its renewed strategic direction and focus on its high-quality gold exploration targets in the Northern Territory's Tanami region where it aims to accelerate testing.

The change will take effect after the Australian Securities and Investments Commission alters the ABM's registration details in the coming weeks, with the ASX listing code changing to PRX.

ABM recently signed a non-binding agreement with Newcrest to advance exploration at the Euro project in the Northern Territory.

It said the agreement was consistent with its strategy to retain a 100% interest in its highest priority projects and attract partners to other prospective areas.

It is carrying out aircore drilling of five large-scale target areas within an 8km-long gold anomaly at the Capstan prospect, and expects first results later in May.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.