Helix Resources (ASX:HLX) has completed a placement of 100 million shares to Acta Investment Group at $0.005 per share, being the same price as the offer price under Acta’s proportional takeover offer. The placement represents an investment of $500,000 in Helix. Funds raised are planned to progress the company’s Cobar exploration assets, including drilling of […]

Peak Rare Earths (ASX:PEK) has completed its share purchase plan, which received strong support from eligible shareholders with applications totalling $2.774 million, exceeding the $2 million target. The SPP provided eligible shareholders the opportunity to purchase up to $30,000 worth of shares at $0.10 each, the same offer price as the company’s two-tranche placement announced […]

Scandium Canada (TSX-V:SCD) on 27 December 2024 closed the second tranche of its previously announced non-brokered flow-through private placement, as well as the closing of the first tranche of its previously announced non-brokered private placement. The flow-through offering consisted of the issuance of 2.58 million shares, that qualify as “flow-through shares”, at a price of […]

Clean Air Metals (TSX-V:AIR) recently closed a non-brokered private placement to raise just over C$1.096 million through the issuance of 18.268 million shares that qualifies as a flow-through share at a price of $0.06 per FT share. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares and became effective […]

DY6 Metals (ASX:DY6) has dispatched its prospectus, along with personalised entitlement and acceptance forms, regarding its non-renounceable entitlement issue. As announced on 20 December 2024, DY6 Metals is undertaking a pro-rata non-renounceable entitlement issue of one unlisted option exercisable at $0.08 on or before four years from the date of the issue for every two […]

Askari Metals (ASX:AS2) has executed a binding subscription agreement with Celtic Finance Corp, a single high-net worth sophisticated investor, to raise a further $350,000 at an average issue price of $0.0135 per share. The placement is expected to be settled on or about 10 January 2025 and will rank equally with existing fully paid ordinary […]

Black Canyon (ASX:BCA) is conducting a placement to raise $2.5 million for exploration programs across the Wandanya Project in Western Australia.  Under the two tranche placement, 41.7 million shares will be issued at $0.06 per new share. The issue price represents a 9.1% discount to the five-day volume weighted average price.  Foster Stockbroking and Taylor […]

Velox Energy Materials (TSX-V:VLX) has pushed its proposed listing on the ASX to the end of March 2025 to allow for the completion of the exchange’s dual listing requirements. The decision was supported by QIC Critical Minerals and Battery Technology Fund (QCMBTF) — a fund administered by QIC Limited. In August 2024, Velox secured a […]