Archer Materials Limited

AXE

AU000000AXE7

Semiconductors

Market Closed - Australian S.E. Other stock markets 01:41:31 2024-04-23 am EDT			5-day change	1st Jan Change
0.46 ^AUD	-2.13%		-3.16%	+21.05%

Mar. 25	Archer Materials Develops Single Chip Integrated Pulsed Electron Spin Resonance Microsystem; Shares Surge 23%	MT
Mar. 25	Archer Materials Limited and Ecole Polytechnique Federale de Lausanne Co-Develop a Single Chip Integrated Pulsed Electron Spin Resonance Microsystem	CI

Archer Exploration Limited Settlement of Leigh Creek Magnesite Dispute

September 12, 2014 at 12:55 am EDT

Adelaide, Australia (ABN Newswire) - Archer Exploration Limited (ASX:AXE) ("Archer") is pleased to announce that Archer and Foyson Resources Limited ("Foyson") have entered into a confidential settlement agreement to settle all disputes between them concerning the Leigh Creek Magnesite Project.

Foyson had commenced proceedings against Archer in the Supreme Court (refer to ASX announcement dated 2 July 2014) and these proceedings will now be discontinued.

The execution of the settlement agreement allows Archer to actively explore and develop its 100% owned Leigh Creek Magnesite Project and Foyson to focus its attention on its highly prospective PNG Projects.

About Archer Exploration Limited:

Archer Exploration Limited (ASX:AXE) is an Australian Stock Exchange listed company with 100% ownership of 15 tenements and one Exploration Licence Application all in South Australia covering 6,053 km2.

Archer also has the rights to all minerals other than uranium on EL4693 covering a further 816 km2. Archer's main project is the Campoona Graphite Project which is located within reach of established and major developing infrastructure. It has a JORC 2004 Resource of 5.27 million tonnes @ 7.6 % TC (based on 2% TC cut-off).

Source:

Archer Exploration Limited

Contact:

Archer Exploration Limited
T: +61-8-8272-3288
WWW: www.archerexploration.com.au

Latest news about Archer Materials Limited

Archer Materials Develops Single Chip Integrated Pulsed Electron Spin Resonance Microsystem; Shares Surge 23%	Mar. 24	MT
Archer Materials Limited and Ecole Polytechnique Federale de Lausanne Co-Develop a Single Chip Integrated Pulsed Electron Spin Resonance Microsystem	Mar. 24	CI
Archer Materials Limited(ASX:AXE) dropped from S&P/ASX Emerging Companies Index	Mar. 17	CI
Archer Materials Limited Designs Miniaturised Version of Biochip Biochip Graphene Field Effect Transistor Chip	Mar. 14	CI
Archer Materials Miniaturizes Design of Biochip gFET Chip; Shares Up 5%	Mar. 11	MT
Archer Materials Narrows Fiscal H1 Loss as Share-based Payments Expense Declines	Feb. 15	MT
Archer Materials Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 15	CI
Archer Materials Secures R&D Tax Rebate for Fiscal Year 2023	Nov. 14	MT
Archer Materials Limited Demonstrates Multiplexing Readout for its Advanced Biochip Graphene Field Effect Transistor Device	Nov. 01	CI
Archer Materials Limited(ASX:AXE) dropped from S&P Global BMI Index	23-09-18	CI
Australian Shares Edge Up as US Inflation Rises, But US Fed Rate Hike Expectations Remain Unchanged	23-09-14	MT
Archer's gFET Biochip Design for Advanced Sensing Receives Validation from Commercial Foundry Partner	23-09-14	MT
Archer Materials Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-24	CI
Archer Materials Limited Further Enhances Biochip gFET Design for Advanced Sensing and Send to Commercial Foundry Partner	23-07-30	CI
Archer Materials Submits Sensor Technology Design for Scalability Verification	23-07-13	MT
Archer Materials Limited Transfers Biochip Graphene Sensor Technology Design to A Commercial Fab to Verify Scalability	23-07-13	CI
Wildfires halt mining operations in Canada	23-06-06	RE
Archer Materials Joins World Economic Forum C4IR Partnership	23-05-22	MT
Archer Materials Limited(ASX:AXE) dropped from S&P/ASX All Ordinaries Index	23-03-20	CI
Archer Materials Limited Provides Shareholders an Update on the Progress of Its 12CQ Chip Development	23-03-15	CI
Archer Materials Limited Achieves Electronic Control of Biochip gFET Sensitivity	23-03-09	CI
Archer Materials Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-24	CI
Archer Materials Begins International Expansion	23-02-22	MT
Archer Materials Limited Commences Overseas Expansion	23-02-21	CI
Archer Materials Receives AU$1 Million R&D Tax Refund	23-02-21	MT

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Company Profile

Archer Materials Limited is an Australia-based technology company that operates within the semiconductor industry. The Company is developing advanced semiconductor devices, including chips relevant to quantum computing and medical diagnostics. The Company is progressing the development of its 12CQ quantum computing qubit processor chip (12CQ chip) and lab-on-a-chip biochip technology (biochip). The 12CQ chip is utilizing a carbon-based architecture that has the potential for practical qubit processing. It is focused on advancing its 12CQ chip technology towards integration with mobile devices. Its biochip development involves integrating graphene with miniaturized lab-on-a-chip platforms for advanced medical diagnostics. It is designing and building its biochip in clean-room facilities and engineering materials at the atom-scale. It also develops its biochip for digitizing biologically relevant signals like those from viruses or bacteria.

Sector

Semiconductors

Calendar

2024-09-17 - Q4 2024 Earnings Release (Projected)

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