Energy Ventures (EVE)

Shares / Stock Code

EVE

Stock Exchange / Sharemarket

Australian Securities Exchange

Energy Ventures (EVE) is a Western-Australia-based investment group. EVE is focused on acquiring quality investments in other companies. EVE was incorporated in 2003 under the name CollTech Limited. The company listed on the ASX in April 2004. The Company’s investment portfolio comprises international energy sector assets and primarily focused on uranium resource projects. As of June 30, 2009, the Company’s investments consisted of African Energy Resources Limited (41.3%), Norrsken Energy Limited (46%) and Agricola Resources Plc (29.5%).

African Energy Resources Limited is developing uranium exploration projects in southern Africa, and holds 70% interest in the Chirundu Joint Venture Project with Albidon Limited. Agricola Resources Plc is a uranium and base metals exploration company with exploration projects in Sweden. Agricola Resources Plc has an agreement with Beowulf Mining Plc to earn a 51% interest in the Ballek Joint Venture project, a package of four exploration permits that cover 110 square kilometers of Arjeplog County of Northern Sweden.

EVE aims to identify new investment opportunities. It has made two recent acquisitions related to the energy sector: first, a 23% equity interest in the gas technology company Cool Energy, which is developing a technology that has the potential to commercialise previously uneconomic gas fields. Their latest acquisition is African Energy Resources, which acquires mineral exploration titles and development projects in Southern Africa with an emphasis on uranium, coal and coal bed methane. Energy Ventures's customers include general investors and fund managers.Competitors include other investment funds and trusts.

Energy Ventures (EVE) Products and Services

  • Investment in mineral exploration companies

Energy Ventures (EVE) Locations and Subsidiaries

Energy Ventures Head Office
Level 1, 8 Colin Street,
WEST PERTH, WA 6005
Phone: +61 8 6465 5500
Fax: +61 8 6465 5599

Energy Ventures (EVE) Share Price

Submitted by ASX Listed Company on 20 March, 2010 - 01:53

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