Crystal Yield Investments

This article is part of the CoalSwarm coverage of Western Australia and coal
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Existing coal plants in Western Australia Existing coal mines in Western Australia Proposed coal mines in Western Australia Griffin Coal's Muja South mine Coal exploration projects in Western Australia Proposed coal projects in the Kimberley, Western Australia Rey Resources Duchess Paradise Project Coal mining companies and agencies in Western Australia Coal transport and infrastructure in Western Australia Proposed coal transport and infrastructure in Western Australia Berth 14 coal export terminal, Bunbury Derby Export Facility Point Torment Port Development
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Crystal Yield Investments is a 9.7% shareholder in Rey Resources, a small Australian exploration company proposing to develop coal projects in the Kimberley region of Western Australia. Rey Resources referred to the company as "an investment company based in Hong Kong."^[1]

Stake in Rey Resources

In March 2013 Rey Resources announced that it had issued 55 million shares to Crytsal Yield Investments at $0.055 cents each for a total of $3.03 million. Rey stated that "following the Placement, Crystal will own approximately 9.7% of the Company’s issued securities. Crystal has also been granted exclusivity for 3 months to complete due diligence investigations on the Duchess Paradise coal project, with a view to financing future development of the project."^[1]

Articles and resources

References

↑ ^1.0 ^1.1 Rey Resources, "Rey significantly increases interest in key Canning Superbasin Oil & gas exploration permits", Media Release, March 18, 2013.

Related GEM.wiki articles

External resources

External articles

[Crys-1] 1.0 ^1.1 Rey Resources, "Rey significantly increases interest in key Canning Superbasin Oil & gas exploration permits", Media Release, March 18, 2013.

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