Musgrave Minerals Ltd. refers to the off-market takeover offer from Ramelius Resources Ltd. to acquire all of the fully paid ordinary shares in Musgrave that it does not own for 1 share in Ramelius for every 4.21 Musgrave Shares held and $0.04 cents in cash for every Musgrave share held . Detailed reasons for the Musgrave Director's recommendation [...]
WA-focused gold mining company, Classic Minerals Ltd. has submitted a capital Call Notice to LDA Capital Limited targeting a AUD $550,000.00 equity draw-down under the terms of its strategic $15 million Put Option Agreement with the US-based financier. . Chairman John Lester said the final pricing and amount to be raised would be determined in [...]
Venus Metals Corporation Ltd. is pleased to provide an update on its Youanmi Lithium Project. Reconnaissance soil sampling totalling 242 samples has discovered a strong lithium anomaly in the south of E57/1078, located near the GSWA interpreted c. 45km long "pegmatite trap zone" wrapping around the western margin of the Youanmi greenstone belt and [...]
North American lithium producer Sayona Mining Ltd. is undergoing a corporate governance revamp, with plans to recruit new independent Non-Executive Directors, including an independent Chairman. The Company will also establish key governance committees and review Board and executive remuneration to ensure alignment of corporate governance practices [...]
Horizon Minerals Ltd. is pleased to advise that it has entered into a binding option and sale deed with Metal Hawk Limited to purchase an interest in seven tenements within the Company's Yarmany project area . The Option relates to all mineral rights over seven Exploration Licences covering an area of 98 blocks approximately 40 kilometres west of [...]
North American lithium producer Sayona Mining Ltd. has achieved a new production milestone at its North American Lithium operation in Quebec, Canada with more than 30,000 tonnes of spodumene concentrate produced ahead of target. Highlights - 30,000 tonnes of spodumene concentrate produced by North American Lithium operation, ahead of schedule [...]
QX Resources Ltd. is pleased to announce that Bayrock Resources Limited has successfully completed its rights issue to raise A$1.8 million through the issue of new shares at $0.03 per share . Existing Bayrock shareholders subscribed for ~$600,000 under the Rights Issue. QXR was the underwriter to the Rights Issue, and following the conversion of [...]
Classic Minerals Ltd. announces that Wet commissioning of the processing plant at its Kat Gap gold project has commenced. The Company will use part of the bulk sample ore for completing this wet commissioning phase, and ongoing calibration required for efficient and automated throughput, before processing the balance through the gravity circuit [...]
Theta Gold Mines Ltd. is pleased to announce it has raised A$5.0 million through a private placement to strategic professional and sophisticated investors. Hong Kong Ruihua Investment Management Limited cornerstoned A$3.0 million of the placement. Ruihua is a wholly-owned subsidiary to its Nanjing based parent company Jiangsu Ruihua Investment [...]
Musgrave Minerals Ltd. announced that it has entered into a Bid Implementation Agreement with Ramelius Resources Ltd. , pursuant to which Ramelius will offer to acquire all the issued ordinary shares of Musgrave by way of a cash and scrip off-market takeover offer . Under the terms of the Recommended Offer, Musgrave Shareholders will receive 1 [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has increased its interest in iM3NY LLC to 73% following the conversion of the Bridging Finance announced on 31 March 2023 into iM3NY equity. Highlights: - Conversion of Bridging Finance into iM3NY equity takes Magnis' ownership interest to 73% - Following UN38.3 certification [...]
Nova Minerals Ltd. continues to unlock the Estelle Gold District with a 15,000m drill program at the RPM and Train areas to further grow the size and confidence of the already established 9.9 Moz gold resource. Nova is pleased to announce that its PFS level targeted drilling is now underway at RPM * with additional rigs being mobilized in the [...]
