Tag: investing news

The advanced payment of A$1m received reflects the ongoing investment by Blackstone to develop the Ta Khoa Refinery process and Blackstone’s unique strategy to convert nickel concentrate blends into battery products in the form of precursor cathode active material (“pCAM”). The majority of Blackstone’s investment was directed to process development and piloting programs in Australia....

Under the terms of the agreement, Paladin will acquire 100 percent of the issued and outstanding shares of Fission, while Fission shareholders will receive 0.1076 fully paid shares of Paladin for each Fission share that they hold. This exchange represents an implied value of C$1.30 per Fission share, a 25.8 percent premium to Fission’s closing...

Gold trenching is planned to extend current high grade gold results in trenches at the Disney-Big Red Project (ASX announcement 1 Nov 2021). Two elongate gold anomalous zones were defined over 650m and may extend up to 1200m long. Best historic trench results from hard rock at the base of trenches at Big Red were:...

Description Issued by ASX Compliance source

Leading the way were the base metals copper, nickel, lead and zinc with C$13.2 billion in combined revenue; nickel-copper ore mining headlined the section with revenue of C$7.23 billion. Its own category, iron ore mining brought in C$10.65 billion in revenue, while revenue from gold and silver totaled C$13.18 billion. Meanwhile, non-metallic mining brought in...

Pierre Colas, Jeffrey Hussey, André Le Bel Amy Satov, Mathieu Savard and Robert Wares were re-elected to the board of directors. The shareholders also approved (i) the re-appointed Raymond Chabot Grant Thornton LLP as auditors for the ensuing financial year, and (ii) an amendment of the Corporation’s articles to include provisions to the effect that...

The Company advises that the Announcement included a peer comparison graph on page 2 that was not disclosed in strict accordance with ASX guidance (Peer Comparison). In view of the above, the Company removed the graph from the Announcement and advises investors not to rely on the Peer Comparison graph when making an investment decision...

For a pro-rata non-renounceable entitlement issue of 1 Share for every 1 Share held by those Shareholders registered at the Record Date at an issue price of $0.008 per Share together with one free New Options for every one Share applied for and issued to raise up to $1,625,589 (Entitlement Offer). This Prospectus also contains...

Funds raised from the Entitlement Offer will primarily be used for upcoming exploration programmes at the Company’s 100%-owned Bangemall Ni-Cu-Co-PGE projects in the Gascoyne regions of WA, the 80%- owned Gidji JV Project, and to fund corporate activities. The Entitlement Offer is available to all shareholders of the Company (Shareholders) named on its register of...

Key Highlights The Company continues to advance discussions with several parties currently in its data room who have shown interest in the Lady Julie Gold project. The Company has also received several unsolicited inbound enquiries from potential financiers. As a result, Magnetic has engaged Argonaut PCF to support the Company in structuring and securing financing...