Author: backoffice

David Breeze, the company’s managing director and executive chairman, said part of the funds will be used for the next-phase development of Cortical Dynamics’ anaesthesia monitoring EEG-based device called BARM, which stands for brain anaesthesia response monitor. Cortical’s BARM device helps keep the patient optimally anaesthetised during surgery, and Breeze emphasised the significant unmet need...

In connection with the first tranche, the Company paid and issued an aggregate of $28,515 and 189,157 finder warrants (having the same terms as the private placement warrants) in payment of finder fees. All securities issued in the first tranche are subject to a statutory hold period expiring on October 14, 2024. The Company has...

These funds add to the $3.725 million raised from a recent placement and exercise of options (ASX Releases May 17th and June 5th 2024). The funds further bolster the company’s financial position, ensuring that Impact is fully funded to complete the Pre-Feasibility Study on the Lake Hope High Purity Alumina Project as well as continuing...

Production is forecast to ramp up to a steady-state rate of 1.5Mlbs a year, with Boss retaining sale and marketing rights over its pro-rata share. The Alta Mesa Project, consisting of over 200,000 acres plus the central processing plant and wellfields, is managed by experienced uranium producer, and 70% partner, enCore Energy Corp (“enCore”) (NASDAQ:...

Under the SPP, the Company will offer eligible shareholders, who were registered shareholders as at 5:00pm (AWST) on Monday, 20 May 2024 (Record Date) the opportunity to apply for up to $30,000 of new fully paid ordinary shares (New Shares). New Shares will be issued at $0.27 per share, equivalent to a 14% discount to...

Highlights: The Retail Entitlement Offer closed at 5.00pm (AEST) on 12 June 2024. The Retail Entitlement Offer was on the same terms as the Institutional Entitlement Offer, which was an offer of new fully paid ordinary shares (Shares) in the capital of the Company on a 1 for 2 basis at an issue price of...

Highlights Commenting on the appointment, Altech’s Chief Financial Officer Martin Stein stated “Altech has battery technology in CERENERGY® that has the potential to be revolutionary as the world transitions to a renewable energy future. Altech has the worldwide rights to manufacture, license and distribute the battery globally. In appointing KPMG with its global network, strong...

The International Energy Agency (IEA) is forecasting a significant surplus in the global oil market in the coming years, saying the imbalance will be driven by slowing demand growth and a surge in supply. The report points to a slowdown in global oil demand growth as the green energy transition progresses. Even with robust demand...

Uranium is an important fuel source for the nuclear energy industry, but many investors were shaken out of the market after many years of low uranium prices. Now that a rebound is underway, many wonder if the commodity will once again reach its peak. Although prices have since pulled back to the US$90 range as...

During a recent 18-day on-site visit, Managing Director Zac Komur, along with the in country management and geological teams, conducted field work activities across key prospects within the ~1801km2 of prospective REE tenements currently held in and around Brazilian Rare Earth’s (ASX:BRE) prospects of Monte Alto, Pele and their Sulista Projects.1 Multiple surface outcroppings were...