Reconstitution of Carabella Board Reconstitution of Carabella Board (/Documents/201401..
ASX Announcement - Takeover bid by Wealth Mining Pty Ltd - Target’s Statement AS..
Carabella recommends Revised Offer of $0.455 per share from Wealth Mining Carabella recommends ..
Broker Report - Phillip Capital Broker Report - Phillip Capital (/Documents/20131205-..
Response to off-market takeover offer - Take no action (/Documents/20131205-Response-to-off-market-t..
Carabella Resources Limited is pleased to release the Initial JORC Reserves Estimate for the Blu..
Carabella Resources Limited
New Video - See the Bluff Project:
Carabella Resources is a coal exploration and development company based in Brisbane, Australia. It holds interests in a portfolio of coal exploration tenements covering a substantial exploration area of approximately 3,300km2 across Queensland's coal basins. The Company is progressing from exploration through project development with a strategy focused on becoming an established coal producer and exporter with multiple mining operations.
The Company's current focus is on development of the flagship Grosvenor West hard coking coal project near Moranbah, adjacent to a number of world class coking coal mines in the Northern Bowen Basin, and the Bluff PCI project near Blackwater. Further exploration activities are being progressed across other Queensland tenements and provide attractive exploration upside for both metallurgical and thermal coal.
Carabella Resources is currently subject to an off-market takeover offer from Wealth Mining Pty Ltd, a wholly owned subsidiary of China KingHo Energy Group. Under the Offer, Wealth Mining has now become entitled to over 50% of Carabella's ordinary shares. The Offer is scheduled to close on 29 January.
China Kingho Energy Group is one of China’s largest privately-owned energy companies focusing on coal mining and industrial park of comprehensive coal utilization. China Kingho Energy Group is now proudly developing a national demonstration project of coal gasification with capacity of 5.5 billion cubic meters in Xinjing Autonomous Region in China.