Thank you for your interest. As of July 21, 2023, this project will be suspended.

You may wish to subscribe to our FREE weekly newsletter - with highlights from the lithium sector during the week.

If you wish to discuss continuation or a variation of this project, contact me on LinkedIn. Thank you.

Subscribe to our FREE weekly newsletter!

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

News from 3rd March, 2023

*Disclaimer

ASX Briefs · Battery Metals news for March 3, 2023

If you find this site of use, please make a donation to Sock it to Sarcoma! in support of sarcoma research 😊🙏

ERG: Update on Melbourne Factory Fire

ENECO REFRESH LTD 🔗 📄 📈

Eneco has been actively involved in minimising local disruption and ensuring the clean-up of the fire-damaged site.
The Board considers that their insurance policies will cover relevant claims, and a third-party claim consultant is helping manage this process.
Remaining repairs are not material, and funds are available to support ongoing operations into the future.

2023-03-03 19:13:00

NNG: NNG March Extension to acquisitions

NEXION GROUP LTD 🔗 📄 📈

NEXION has extended the term sheet to acquire Silicon Systems Limited and Aiscorp Limited.
Settlement of the acquisitions is subject to conditions precedent, including completion of due diligence.
The deadline for settlement has been further extended by mutual agreement to March 2023.

2023-03-03 17:10:00

TPD: Firm Commitments for $14ml Capital Raising

TALON ENERGY LTD 🔗 📄 📈

Talon Energy Ltd has raised $12 million through a share placement and up to $2 million through a Share Purchase Plan.
The proceeds will be used for the Walyering Gas Project, Perth Basin exploration activities and general working capital.
The company has also started a strategic review to optimise its 33% interest in the Gurvantes XXXV project.

2023-03-03 13:57:00

CGN: Encouraging metallurgical test work confirms graphite flake

CRATER GOLD MINING LIMITED 🔗 📄 📈

Flotation of a composite sample achieved a final concentrate product with a graphite grade of 95.3%.
Graphite is ultra-fine grained with 90.5% less than 5 microns and 66.6% less than 25 microns.
Future test work to focus on optimization and if the graphite is amenable to micronisation and/or spheronisation processing.

2023-03-03 13:42:00

KCC: Mongolian tax dispute heads to the Supreme Court

KINCORA COPPER LIMITED 🔗 📄 📈

Mongolian Appeal Court dismissed prior annulment of retrospective tax assessment against Kincora Copper Limited.
Kincora preparing an appeal to the Mongolian Supreme Court with limited liability recourse to its Australian and Canadian assets and operations from the Reassessed Tax Act.
Retrospective tax assessment, methodology of the MTA and Kincora’s ongoing 2-year legal defense direct impediments to investment into Mongolia and its resource sector.

2023-03-03 12:33:00

MLM: Maiden Inferred Resource of 12Mt estimated for CFS West

METALLICA MINERALS LIMITED 🔗 📄 📈

Metallica Minerals Limited has announced a Maiden Inferred Resource of 12Mt for the Cape Flattery Silica West Project.
The resource is based on data from 23 auger holes drilled in August 2022 and LiDAR survey flown over the project in December 2022.
The sand quality in the Western Area is comparable to or higher than the silica sand resource contained within MLA project.

2023-03-03 11:05:00

RFG: $47.4m Debt & Equity Capital Raising Launched

RETAIL FOOD GROUP LIMITED 🔗 📄 📈

RFG has received firm commitments to raise $24.9 million via a Placement of 311.5 million shares at an offer price of $0.08 per share.
RFG has entered into a binding term sheet with WHSP to secure a new debt facility of $20.0 million.
RFG aims to raise an additional circa $2.5 million via a Share Purchase Plan.

2023-03-03 10:04:00

GGE: Jesse-2 Well Site Nearing Completion for mid-March Spud

GRAND GULF ENERGY LIMITED 🔗 📄 📈

Well site construction is expected to be completed this weekend, on schedule for a mid-March spud.
The conductor rig is scheduled to mobilise early next week to install the cellar and surface conductor in preparation for the drill rig mobilisation.
Jesse -2 has a binding helium off take agreement and is located immediately adjacent to pipeline connected to the Lisbon Helium plant.

2023-03-03 09:43:00

IMU: First Patients Dosed in Combination Study of VAXINIA

IMUGENE LIMITED 🔗 📄 📈

Imugene Limited has announced the first patients have been dosed in Phase 1 MAST study of CF33- hNIS.
The trial is evaluating the safety and efficacy of CF33-hNIS in combination with Pembrolizumab.
Imugene MD & CEO Leslie Chong said they were eager to see potential benefit bring to patients and look forward to data and results in due course.

2023-03-03 09:41:00

RAD: Radiopharm to acquire Pharma15 Corporation

RADIOPHARM THERANOSTICS LIMITED 🔗 📄 📈

Radiopharm Theranostics (ASX:RAD) has entered into a binding agreement to acquire Pharma15 Corporation, a private US- based venture which is developing next -generation therapeutic radiopharmaceutical s for Prostate Cancer.
The acquisition includes Professor David Ulmert and CEO Suzanne Dance, as well as KOL Professor Ken Herrmann joining RAD's Scientific Advisory Board.
The agreement includes the issue of ordinary shares and cash up -front, with some consideration deferred and some subject to the achievement of significant clinical milestones.

2023-03-03 09:37:00

CZR: Completion of FMG Tenement Acquisition

CZR RESOURCES LTD 🔗 📄 📈

CZR Resources Ltd (ASX: CZR) has completed the acquisition of a key Pilbara iron ore tenement from Fortescue Metals Group (ASX: FMG).
The tenement is contiguous with CZR’s P529 Deposit, located on the recently granted mining Licence M08/519.
CZR now has a substantial tenement position in the Robe Valley, north and south of Rio Tinto’s Mesa F deposit.

2023-03-03 09:37:00

IHR: Counterproposal for the acquisition of intelliHR

INTELLIHR LIMITED 🔗 📄 📈

IntelliHR Limited (ASX: IHR) has received an unsolicited, conditional, non-binding proposal from The Access Group (“TAG”) to acquire all of the fully paid ordinary shares of IHR at a cash offer price of $0.14 per share.
The proposed offer implies an equity value of approximately $49.1 million for IHR and a 27% Premium to the Humanforce offer of $0.11 per share.
The IHR Board is considering the competing proposal from TAG and whether it constitutes a “Superior Proposal” under the terms of the Humanforce SID.

2023-03-03 09:35:00

SPN: Sparc Hydrogen JV Project Advancement

SPARC TECHNOLOGIES LIMITED 🔗 📄 📈

Sparc Technologies Limited has approved an increase of ~A$1.1m in funding for Stage 1 of the Sparc Hydrogen project.
The additional funds are to be used to accelerate research and development and on-sun demonstration.
An experienced Project Manager has been appointed to lead on-sun prototyping and pilot development.

2023-03-03 09:35:00

PGD: Underwritten Non-Renounceable Entitlement Issue To Raise $3m

PEREGRINE GOLD LTD 🔗 📄 📈

Peregrine Gold Limited is undertaking a 1 for 6 non-renounceable entitlement issue of up to 7,936,609 fully paid ordinary shares at $0. 38 per share.
The Entitlement Issue will include 1 free attaching 3 year option with $0.55 exercise for every 2 new shares applied for and issued.
The Entitlement Issue has been underwritten by Argonaut PCF Limited up to a value of $3,015,911.

2023-03-03 09:33:00

CLU: Completion of Placement and Institutional Entitlement Offer

CLUEY LTD 🔗 📄 📈

Cluey successfully completed the bookbuild for their Equity Raising, raising approximately $8.2 million.
The Retail Entitlement Offer to raise up to $2.4 million is open until 21 March 2023.
Underwriting of the Equity Raising increased from $9.0 million to $9.5 million.

2023-03-03 09:33:00

AGC: High Grade Historic Gold Mines Discovered at South Cobar

AUSTRALIAN GOLD AND COPPER LTD 🔗 📄 📈

AGC has discovered a cluster of historic gold mines at the South Cobar project called Creamy Hills, spanning 1.2km in length.
Comprehensive sampling of the mine workings returned rock chips up to 24.4g/t and composite samples up to 9.4g/t gold.
Induced Polarisation (IP) geophysics surveys will be conducted at Achilles, Hilltop and Planet prospects, targeting gold and base metal deposits.

2023-03-03 09:32:00

MCE: Equity Raising - completion of institutional component

MATRIX COMPOSITES & ENGINEERING LIMITED 🔗 📄 📈

Matrix successfully completed the institutional component of its $20.2 million Equity Raising.
The Institutional Offer raised a total of approximately $12.2 million.
The additional equity enables Matrix to capitalise on the resurgence in demand for their products.

2023-03-03 09:29:00

BSX: Ta Khoa Project Development Update

BLACKSTONE MINERALS LIMITED 🔗 📄 📈

Continued engagement with prospective technology and off-take partners to reach a final joint venture structure and investment contribution.
Evaluation of various product and throughput staging options, including an initial nickel sulphate start up scenario.
Collaboration with community stakeholders to ensure greatest community support and aid the permitting process for land access.

2023-03-03 09:18:00

AAU: CONFIRMATION OF HIGH GRADE COPPER AT EL PILAR OXIDE DEPOSIT

ANTILLES GOLD LIMITED 🔗 📄 📈

Antilles Gold Limited has received additional assays from a 1,800m drilling program conducted in September 2022 on the El Pilar gold-copper oxide deposit in central Cuba.
PDH-004A returned 134.5m at 1.13% Cu from 49.85m, including 18.5m at 4.85% Cu.
The Mining Concession covering the oxide deposit is anticipated to be transferred to Minera La Victoria SA, allowing for a low capex mine to potentially be developed soon after construction commencement of the proposed La Demajagua gold, silver, antimony open pit mine.

2023-03-03 09:17:00

ARO: Key Board Appointments and Advancement of Lithium Strategy

ASTRO RESOURCES NL 🔗 📄 📈

Tony Leibowitz and John Young have been appointed as Executive Chairman and Non-Executive Director respectively, to lead Astro Resources NL's lithium growth strategy.
The company has acquired two highly prospective landholdings in Nevada, USA, the dominant lithium province in North America.
Astro Resources NL is exploring potential Joint Venture for the East Kimberley Diamond Project.

2023-03-03 09:13:00

LNR: New Ironstones Defined at Lyons

LANTHANEIN RESOURCES LTD 🔗 📄 📈

Lanthanein Resources Ltd has discovered new ironstones up to 1.4km in length with up to 0.4% TREO at the Lyons Rare Earths Project in Western Australia.
Two Carbonatite targets, LI01-01 and LI03-01, will be drill tested along their magnetic margins with 2 EIS co-funded 450m diamond drillholes in April.
Follow-up sampling of 25 Worldview satellite ironstone outcrop targets is planned for this month, followed by an extensive +10,000 metre RC drilling program to test for rare earth elements associated with extensive ironstone targets.

2023-03-03 09:11:00

MRM: Offshore Wind Contract Awards

MMA OFFSHORE LIMITED 🔗 📄 📈

MMA Offshore Limited has been awarded three contracts for offshore windfarm developments in Taiwan with a total value of A$30 million plus potential additional revenue of A$15 million.
The MMA Pinnacle and Prestige will provide cable installation, ROV and survey operations and walk to work accommodation support services respectively.
The MMA Crystal will undertake cable trenching and survey support services through the company's Taiwanese entity MMA Clean Energy.

2023-03-03 08:19:00

IHL: Incannex to Manufacture Psilocybin for Trials & Commercial

INCANNEX HEALTHCARE LIMITED 🔗 📄 📈

Incannex engages Catalent to develop and manufacture cGMP-grade psilocybin drug product.
Drug product designed for use in Incannex's proprietary PsiGAD clinical development program and potential wider commercial use.
Catalent to develop formulation, generate quality and stability data, and establish cGMP manufacture of the drug product.

2023-03-03 08:17:00

ENX: Sale of Project Tenement to Caravel Minerals

ENEGEX LIMITED 🔗 📄 📈

Enegex Limited has entered an agreement with Caravel Minerals Ltd for the sale of Tenement E70/5442.
The agreement includes a 2.5% Net Smelter Royalty, cash consideration and access to historical sampling data across the West Yilgarn projects.
The Caravel Copper Project is reported to be the largest undeveloped copper project in Australia.

2023-03-03 08:16:00

GTE: Harris Find RC Assays Received

GREAT WESTERN EXPLORATION LIMITED. 🔗 📄 📈

Great Western Exploration Limited (GTE) has received assay results from a drilling programme at Harris’ Find within the Yandal West Project.
The project is located in the Yandal Greenstone Belt, home to the multi-million ounce Bronzewing and Jundee Gold Mines.
All drill-holes intersected the mineralised structure, with predominately narrow low-grade results returned.

2023-03-03 08:12:00

EVR: New Standard Project Land Position Consolidated

EV RESOURCES LTD 🔗 📄 📈

EVR will be consolidating its land position over the New Standard Copper Project in Arizona to focus on the eastern bloc area around the former Pride Mine.
EVR will hold 2,996 acres of unpatented claims and will rename the project as "New Pride".
Assay results from sampling showed copper values ranging up to 13.1% Cu and averaging 1.41% Cu, while gold values returned up to 27.1 g/t, averaging 0.43 g/t.

2023-03-03 08:12:00

YRL: Corporate and Operational Update

YANDAL RESOURCES LIMITED 🔗 📄 📈

Yandal has appointed Chris Oorschot as Exploration Manager, and highly regarded industry executive Eduard Eshuys as technical advisor.
Consultants Michael Outhwaite (Lithify Pty Ltd) and Ben McCormack (Outlier Geoscience) have been engaged to complete targeting studies at Ironstone Well/Barwidgee and Gordons respectively.
Aircore program testing new high potential targets at Mt McClure and Ironstone Well/Barwidgee is underway with assay results due in April.

2023-03-03 08:12:00

ELT: Fluorite Confirmed at Cleveland Project

ELEMENTOS LIMITED 🔗 📄 📈

Elementos Limited confirmed significant fluorite mineralisation at its Cleveland Tin Project in Tasmania.
Fluorine was identified as a mineral of interest during the mineralogy program, which required separate analysis.
A downhole and ground-based geophysics program is planned for the second half of 2023 to further define extensions and targets at the Cleveland project.

2023-03-03 08:12:00

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

<	December 2023					>
Mon	Tue	Wed	Thu	Fri	Sat	Sun
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31