Author: backoffice

Metals Australia has received all required permitting approvals for a major new drilling and trenching program. This fully-funded program will test new high-grade gold and silver targets and priority lithium bearing (LCT) pegmatite targets at the Company’s Corvette River Project. The Project is along strike and on a parallel belt to Patriot Battery Metals’ world-class...

In a bid to enhance the North American critical minerals supply chain, the Canadian and US governments announced a co-investment in two Canadian companies under the Canada-US Energy Transformation Task Force. “Canada is positioning itself as a global leader in the supply of responsibly sourced critical minerals for the green and digital economy,” said Jonathan...

Central banks purchase gold for a number of reasons: to mitigate risk, to hedge against inflation and to promote economic stability. Increased concerns over another global financial crisis have as expected led central banks once again to build up their gold reserves. Twenty-four percent of the WGC’s survey respondents indicated plans to grow their gold...

Highlights The Company received applications from eligible shareholders amounting to proceeds received of $3,721,000. This represents 57,246,037 shares at $0.065 per share and 28,622,799 free-attaching options with an exercise price of $0.08 per share and expiring 30 April 2026. The shares and options will be issued and allotted on 21 May 2024 and application for...

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AUM: US$2.78 billion First on this robotics ETFs list is the Global X Robotics & Artificial Intelligence Thematic ETF, which launched on September 12, 2016. It has 44 holdings and is targeted towards investors interested in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence (AI). Large-cap companies...

Under the SPP, eligible Element 25 shareholders, being shareholders who had a registered address in Australia, New Zealand, Hong Kong or Germany on Element 25’s register on the Record Date (5.00pm Australian Western Standard Time on Monday, 20 May 2024), will have the opportunity to apply for up to $30,000 of New Shares free of...

KEY POINTS CEO, Graham Arvidson commented, “AVL is extremely grateful to have been supported by the Australian Government to build and bring our vanadium electrolyte manufacturing facility into operation, particularly at this pivotal time of transforming Australia into a renewable energy superpower. Having this production facility in Western Australia forms part of the Company’s ‘pit...

Highlights The project area lies in the Biranup Zone, a structural extension from the Fraser Zone that hosts the Nova-Bollinger Ni Cu deposit. Air core drilling of holes to bedrock is planned as the key next step to our exploration program. West Cobar Metals’ Managing Director, Matt Szwedzicki, commented: “We are excited to commence this...

KEY POINTS The proceeds of the Placement will be used to accelerate the Company’s exploration activities across its highly prospective portfolio of polymetallic projects in the Cobar Basin and NT, as well as to provide additional working capital. Proposed upcoming work programs include: Eastern Metals’ Chief Executive Officer Ley Kingdom said: “We are pleased with...