BNET Industries
australian forest industries - All News and Analysis
Australian Forest Industry Makes Announcement
Australian Forest Industries Inc. (OTCBB: AUFI) announces that on January 12, 2007 it filed with the United StatesSecurities and Exchange Commission a preliminary Information Statement,pursuant to Section 14c and Section 14f1 of the Securities Exchange Actof 1934 as amended, with respect to the following corporate matters: Acquisition from Simba Mines...
Simba Mines Inc. Announces Approval of the Major Shareholders
Simba Mines, Inc. (PINKSHEETS: SBAM) announcesthat on November 13, 2006, the shareholders of Simba Mines Inc.representing 50.5% of all of the issued and outstanding common stock ofthe Company approved the proposed agreement for the exchange of theCompany's Angolan copper interests for shares in Australian ForestIndustries Inc. AUFI (which will...
Australian Forest Industries Inc.; Signing of Definitive Agreements for Acquisition of Copper Projects
Australian Forest Industries Inc. (OTCBB: AUFI) announces the following. 1. On September 18, 2006 AUFI executed definitive agreements with: a Simba Mines Inc for the acquisition of its subsidiary Simbajamba Mines Limited for US $ 41,547,000 ...
Simba Mines, Inc.: Update Report to Stockholders
Simba Mines, Inc. (PINKSHEETS: SBAM) Dear Simba Stockholders, The past several weeks have been a highly productive and eventful time forour Company, culminating in the announcement on September 19, 2006 thatSimba Mines, Inc. had entered into a definitive agreement to exchange itsmining interest in Cachoeiras de Binga CDB, a copper...
Simba Mines, Inc. Enters Into Definitive Agreement With Australian Forest Industries
Simba Mines, Inc. (PINKSHEETS: SBAM) ispleased to announce that on September 18, 2006 it entered into a definitiveagreement with Australian Forest Industries, Inc. (OTCBB: AUFI). Uponclosing of the transaction, Simba will be allotted US$41,547,000 worth ofshares in AUFI.OB in exchange for 100% of the shares of Simbajamba MinesLtd, Simba...
Australian Forest Industries, Inc. Announces Signing of Definitive Agreements for Acquisition of Copper Projects
Australian Forest Industries, Inc. (OTCBB: AUFI) announces the following. 1. On September 18, 2006 AUFI executed definitive agreements with:- a Simba Mines Inc for the acquisition of its subsidiary Simbajamba MinesLimited for US$41,547,000 b Bongani International Group Limited BIG for the acquisition of itssubsidiary Rockbury...
Simba Mines, Inc. Announces Proposed Merger
Simba Mines, Inc. (PINKSHEETS: SBAM) ispleased to announce that on August 25, 2006 it entered into a Letter ofIntent with Australian Forest Industries Inc. AUFI listed on the OTCBBunder trading symbol (OTCBB: AUFI). Under the Letter of Intent AUFI proposes to acquire from Simba all theissued share capital of Simbajamba...
Proposed Acquisition of Copper Projects and Disposal of Timber Interests
Australian Forest Industries Inc. (OTCBB: AUFI) announces the following: 1. AUFI has entered into a Letter of Intent, dated 25 August 2006, underwhich and subject to a definitive agreement and closing thereof, it willacquire; a All the issued share capital of Simbajamba Mines Limited("Simbajamba") a wholly owned...
Forestry company branches out in US markets to grow Australian business.
Byline: Philip Hopkins Aug 08, 2005 (The Age - ABIX via COMTEX) -- Australian Forest Industries AFI has raised funds on the Over-the-Counter Bulletin Board in the US....
Rio Tinto Sells North Forest Products to Gunns Limited
Business Editors LONDON--BUSINESS WIRE--March 19, 2001 Rio Tinto (NYSE:RTP) has sold North Forest Products to Tasmanian-based Gunns Limited. Under the sale agreement, which is expected to be completed by 28 May 2001, Rio Tinto will receive A$335 million cash. Gunns has also granted an option to...
- Profit (Fiscal Year) ($25.4M)
- Incorporated: 1998
Australian Forest Industries is a non-operating public shell corporation with nominal net assets. Co. was engaged in the timber business in which Co. operated a saw mill in Australia.
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Contact Information
4/95 Salmon Street
Port Melbourne, Victoria
61 3 8645 4340
NAICS Code
Biological Product (except Diagnostic) Manufacturing: 325414
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