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Latest News

Notice of Results 2018 AGM
30-Nov-2018

30 November 2018 Creat Resources Holdings Limited ("CRHL" or "the Company") Result of Annual General Meeting Creat Resources Hold..

Notice of AGM and Posting of Proxies
23-Oct-2018

Creat Resources Holdings Limited (ACN 089 093 943) NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT ..

Notice of AGM and posting of Annual Report 2017
28-Sep-2017

Creat Resources Holdings Limited ("CRHL" or "the Company") Notice of General Meeting and Posting of Annual Report Creat Re..

Secured Loan finalisation 04-Apr-2013


Announcement of Secured Loan Agreement with Creat Group

 

 

2nd April 2013

Creat Resources Holdings Limited

("CRHL" or "the Company")

Secured Loan Agreement with Creat Group

 

 

We refer to our announcement of 16th December 2011 whereby the Company announced a secured loan agreement (the “Loan”) with Creat Group, a major shareholder of CRHL.

 

We are pleased to announce that the final drawdown of AUD100,000 under the Loan has been made on 28th March 2013.  Details of all drawdowns are as follow.

 

Drawdown Date

Amount AUD

14th December 2011

     300,000.00

7th February 2012

     300,000.00

27th March 2012

     100,000.00

16th May 2012

     100,000.00

29th June 2012

       50,000.00

31st July 2012

       50,000.00

28th March 2013

     100,000.00

Total AUD

  1,000,000.00

 

 

For further information please visit www.creatresources.com or contact:

Creat Resources Holdings Limited

 

Tel: +61 3 6471 6228     

Morris R. Hansen, Company Secretary

 

 

 

 

 

Daniel Stewart & Company

Paul Shackleton

 

Tel: +44 20 77766550     

Emma Earl

 

 

 

About Creat Resources Holdings Limited

CRHL is an early stage mining exploration company holding 4 Exploration Licences and 3 Retention Licences covering 109 square kilometres around the mineral rich Zeehan area in western Tasmania. CRHL also has a strategy of acquiring assets in interesting resources companies that complement or supplement the Company's exploration activities. CRHL is a major shareholder of Galaxy Resources Limited ("Galaxy") with an interest of 6.43%. Galaxy is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange (Code: GXY) and is an S&P/ASX 300 Index Company. Galaxy plans to be one of the world's largest lithium carbonate producers and is positioning itself to be involved in every step of the lithium supply chain.

About Galaxy Resources Limited

Galaxy Resources Limited ("Galaxy") is a Western Australian S&P / ASX 300 Index company which plans to become one of the world's leading producers of lithium compounds - the essential component for powering the world's fast expanding fleet of hybrid and electric cars. Galaxy's Mt Cattlin mine aims to be the world's second largest producer of lithium mineral concentrate globally, and through the development of its 17,000 tpa lithium carbonate plant in Jiangsu province, Galaxy expects to be one of the largest and lowest cost lithium compound producers in China. Lithium compounds such as lithium carbonate are forecast to be in short supply against high future demand due to advances in long life batteries and sophisticated electronics including mobile phones and computers. Galaxy has positioned itself to meet this lithium future by not only mining the lithium, but also by downstream processing to supply lithium carbonate to the expanding Asian market.