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News from 6th January, 2023

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CI1: Profit Warning

CREDIT INTELLIGENCE LTD πŸ”— πŸ“„ πŸ“ˆ

  1. Decrease in unaudited consolidated profit attributable to members of the Company by not less than 50%.
  2. Primarily due to increase in employee benefits, cost of development of individual BNPL services, and decrease in revenue from SME credit financing business segment in Singapore.
  3. Also expected that there will be impairment loss adjustments on the carrying amounts of the goodwill which is subject to further review.

2023-01-06 20:10:00

DUN: $4 million at call Funding Facility and Cleansing Notice

DUNDAS MINERALS LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Establishment of $4 million at call funding facility with Alpha Investment Partners
  2. Flexible funding option controlled by Dundas Minerals
  3. 3 million fully paid ordinary shares placed to Alpha as collateral

2023-01-06 17:18:00

ZEU: Non-renounceable Entitlement Offer-Extension of Closing Date

ZEUS RESOURCES LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. The Offer is a non-renounceable entitlement issue of one (1) fully paid ordinary share (β€œ Share ”) for every Share held by eligible shareholders at an issue price of $0.01 per Share together with one (1) free - attaching new option for every Share applied for and issued, each with an exercise price of $0.02 and an expiry date of 2 years from the date of issue, to raise up to $2,191,500.
  2. The Closing Date of the Offer has been extended from Wednesday, 11 January 2023 until Wednesday, 18 January 2023.
  3. The announcement of results of the issue will be on Monday, 23 January 2023.

2023-01-06 14:56:00

R3D: Beefwood/Bulimba Project Update

R3D RESOURCES LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Further interpretation of Falcon Magnetic/Gravity survey and assessment of geochemical anomalies enabled ranking of key targets.
  2. Key targets found in Beefwood project area including priority target with 282 g/t Au.
  3. Future exploration to involve combination of geochemistry and geophysics.

2023-01-06 14:52:00

RPM: Results of Share Purchase Plan

RPM AUTOMOTIVE GROUP LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. A total of $685,000 in applications has been accepted by the Directors and a total of 4,151,559 Shares will be allotted.
  2. An additional $315,000 will be issued to Collins St Value Fund (the underwriter) and the additional issue of 1,909,091 Shares will be allotted.
  3. The Directors acknowledge and appreciate the support of shareholders who participated in the SPP.

2023-01-06 14:46:00

MDX: Update to Mt Forrest Scoping Study Delivery

MINDAX LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Mindax Limited announced the binding heads of agreement with AGI Operations Pty Ltd and Yilgiron Pty Ltd.
  2. The HOA covers workstreams for the preparation of studies to understand the feasibility and costs associated with the development of infrastructure for the commercially viable export of iron ore from the Mid West of Western Australia.
  3. The Scoping Study is now due to be delivered by 31 January 2023.

2023-01-06 14:31:00

ESR: 5A Nickel Ore Extraction Update - Amended

ESTRELLA RESOURCES LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Estrella Resources Limited released an updated version of their announcement to the ASX on 5 January 2023.
  2. The announcement updated Figure 2 with estimated abundances as required for visual estimates in accordance with Australian Institute of Geoscience (AIG) guidelines.
  3. It was approved for release by the Board of Directors of Estrella Resources Limited.

2023-01-06 14:23:00

NMT: Primobius Commercial Update

NEOMETALS LTD πŸ”— πŸ“„ πŸ“ˆ

  1. Stelco Holdings Inc. and Primobius have agreed term extensions for the technology license and lithium-ion battery recycling JV option agreements.
  2. Stelco β€˜Spoke’ plant supply agreement and option exercise decision timeline s adjusted to align with completion of β€˜Hub’ engineering cost study in June Q 2023.
  3. The parties have been conducting due diligence, front-end engineering studies and building the business case for a long-term commercial recycling relationship since 2021.

2023-01-06 13:14:00

GMN: Further encouraging lithium rock chip results from Brazil JV

GOLD MOUNTAIN LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Gold Mountain has committed to the earn in stage of the JV whereby GMN can earn an additional 55% interest in the projects through an expenditure commitment of $2.75m over a two-year period.
  2. Additional rock chip results from the October 2022 reconnaissance due diligence program further confirm s the prospectivity of the Juremal, Custodia and Porta D’Agua projects to host LCT bearing pegmatites.
  3. Assay results have been received and interpreted for twenty-eight rock chip samples from the Juremal, Custodia, Cerro Cora and Porta D’Agua project areas.

2023-01-06 10:09:00

WR1: Strong lithium mineralisation from first Adina assays

WINSOME RESOURCES LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Assays from Adina drill hole AD -22-005 show impressive lithium mineralisation, recording 1.34% Li 2O over 107.6m
  2. Includes exceptionally high-grade intersections of up to 2.21% Li2O over 30.0m from 41.0m to 71.0m (AD-22-005)
  3. More assays on visual lithium mineralisation in core will be reported to the market in the next a couple of weeks

2023-01-06 09:14:00

PAA: MND Trial Successfully Completes First Patient Cohort

PHARMAUST LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Monepantel (MPL) was well tolerated by all MND patients at the first dosing level
  2. All six patients in cohort 1 have elected to continue on MPL treatment
  3. Safety and efficacy data from the trial will also be used to facilitate a Phase 2 study in COVID-19 patients

2023-01-06 09:09:00

CRD: New PSCs with existing gas resources and multi Tcf potential

CONRAD ASIA ENERGY LTD. πŸ”— πŸ“„ πŸ“ˆ

  1. Conrad signed two new Production Sharing Contracts (β€œPSCs”) for offshore northwest and southwest Aceh, where Conrad will operate and hold a 100% Participating Interest in each block.
  2. The blocks contain known gas discoveries (Contingent Resources) in shallow water and at shallow reservoir depths as well as additional prospectivity in both the shallow and deeper-water areas of the PSCs.
  3. The gas discoveries in the shallow water were made in the 1970’s and have all been successfully flow tested at powerful rates.

2023-01-06 09:03:00

PMT: Patriot Commences 2023 Lithium Focused Drill Campaign

PATRIOT BATTERY METALS INC. πŸ”— πŸ“„ πŸ“ˆ

  1. Mobilization for the 2023 drill campaign has commenced targeting a minimum of 20,000 m over the January to April period (the β€˜winter program’)
  2. At least five ( 5) drill rigs will be utilized to complete the winter program
  3. Objective is to extend the 2,200 m strike length of the CV5 Pegmatite system to the east and west and to continue delineation of the recent CV13 discovery, situated ~4.3 km along geological trend to the west -south west

2023-01-06 09:01:00

GCM: APPOINTMENT OF CHIEF EXECUTIVE OFFICER

GREEN CRITICAL MINERALS LIMITED πŸ”— πŸ“„ πŸ“ˆ

  1. Green Critical Minerals Limited secures highly experienced metals and mining professional Mark Lynch-Staunton as CEO.
  2. Mr Lynch-Staunton is an accomplished mining leader with a strong background in feasibility studies, project development and operations.
  3. Mr Lynch-Staunton most recently held senior management positions within Barrick Gold Corporation.

2023-01-06 08:20:00

HE8: Update - Presidio 52 No.1 Well Completion

HELIOS ENERGY LTD πŸ”— πŸ“„ πŸ“ˆ

  1. The Frack Job for Presidio Well 52#1 is expected to commence on 10 January 2023.
  2. To date, three water storage facilities have been completed and filled with water, frack tanks and six sand silos are on site and have also been functionally tested.
  3. Helios will execute a four-stage vertical frack across the 1,623 feet interval between the lower bench of the Ojinaga Formation and the bottom of the casing including Eagle Ford and Boquillas.

2023-01-06 08:19:00

MRC: CEO Resigns, Stays On In An Advisory Role

MINERAL COMMODITIES LTD πŸ”— πŸ“„ πŸ“ˆ

  1. Jacob Deysel has resigned for personal reasons, but will remain available in an advisory capacity.
  2. Adam Bick will assume the role of Interim CEO, effective today.
  3. Adam joined MRC in April 2017 and became CFO in June 2019, bringing with him nearly three decades of experience across global resource companies.

2023-01-06 08:19:00