HIGHLIGHTS The Company raised $4M at $0.03 per share from a consortium of private investors led by Mr Ian Stalker, with funds to be used toward the Company’s exploration and drilling program at the Mkuju Uranium Project in Tanzania. Preparations for drilling at the Mkuju Project in southern Tanzania commenced, with drilling expected to commence...
Category: investingnews
Endeavour Achieves First Gold Pour at Sabodala-Massawa Expansion
“We have commissioned the project and delivered first gold in only 2 years, marking the fourth capital project that we have completed in the last 10 years. All of these have been completed in two years or less, and have been delivered on schedule, on budget and with no lost time injuries. This is a...
Norfolk Metals: ASX-listed Uranium Explorer
The Orroroo uranium project consists of three exploration licenses – EL6552, EL6814, and EL6948 – spanning a total of 723 square kilometers, situated roughly 274 kilometers northwest of Adelaide, South Australia. The large land holding is divided into three project areas named Orroroo, Johnburgh and Black Rock. This Norfolk Metals profile is part of a...
Honda to Establish C$15 Billion Electric Vehicle Value Chain in Ontario
The investment reflects Honda’s efforts to meet the increasing long-term demand for EVs in North America. The proposed EV value chain will include the construction of an innovative EV assembly plant and a standalone battery manufacturing facility in Alliston, Ontario. Additionally, Honda plans to build a cathode active material and precursor (CAM/pCAM) processing plant and...
Material Sale of VMware Cloud Platform
Highlights: Following a comprehensive internal review of the Company’s various operations and assets (ASX: 27 February 2024, 15 April 2024), the Company identified it’s VMware cloud platform assets (“VMware Cloud Assets”) as non-core to it’s strategy of becoming the sovereign provider of choice for SMEs in the Australian defence industry supply chain (ASX: 15 April...
LU7 Raises $3.64 Million to Advance Closing the Lithium Conversion Gap Strategy
Highlights The proposed capital raising is to be conducted in two tranches, being: As part of the above capital raising initiative one option will also be issued for every two FPS’s subscribed for, containing an exercise price of $0.03 per option and an expiry date of 18 months (Option). The issue of the Options will...
Highly successful quarter sees Boss make pivotal transition to global uranium producer
Highlights Honeymoon Uranium Project, South Australia Alta Mesa, US (Boss 30%) Corporate The Company’s new status as a global uranium producer follows a highly successful quarter during which Boss undertook commissioning at its Honeymoon project in South Australia. This culminated in Boss producing its first drum of uranium shortly after the end of the March...
Lithium Universe Limited (ASX: LU7) – Reinstatement to Official Quotation
Description Issued by ASX Compliance source
Quarterly Activity Report 31 March 2024
Continuing with its primary exploration focus on the Georgetown project in the latter half of 2023, EMU received assay results during the quarter from its second, in field reconnaissance work. The geochemical sampling programme covered the Fiery Creek high grade copper vein swarm and the Snake Creek prospects with significant element results returned from the...