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

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News from 5th May, 2023

*Disclaimer

ASX Briefs · Battery Metals News for May 5, 2023

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AVD: AVADA confirms completion of New Zealand acquisition

AVADA GROUP LIMITED 🔗 📄 📈

AVADA Group acquires Wilsons Traffic Management, the largest traffic management company in New Zealand's South Island.
Acquisition expands AVADA's capability and establishes its position as a leading traffic management operator in Australia and New Zealand.
Wilsons reported normalised EBITDA of NZ$3.2 million for 12 months to December 2022, with 75 vehicles and over 115 traffic controllers.

2023-05-05 16:06:00

HLX: Managing Director Remuneration

HELIX RESOURCES LIMITED 🔗 📄 📈

Helix Resources Limited announces a revised remuneration structure for Managing Director Michael Rosenstreich, effective from 1 July 2023.
Fixed remuneration increased to A$285,000 pa (exclusive of Superannuation), with variable short-term incentives and long-term incentives subject to shareholder approval.
Mike Rosenstreich has been managing director since 11 January 2021, and the Board aims to retain his services by meeting market conditions.

2023-05-05 13:54:00

KDY: Appointment of Voluntary Administrators to the Kaddy Group

KADDY LIMITED 🔗 📄 📈

Voluntary Administrators Rajiv Goyal, Chris Johnson, and Joseph Hayes have been appointed to the Kaddy Group.
The Administrators will assess the Kaddy Group and explore selling the business or recapitalization through a Deed of Company Arrangement (DOCA).
The first statutory meeting of creditors is expected to take place on May 16, 2023.

2023-05-05 12:18:00

4DX: 4DMedical wins commercial pilot with US Dept of Defense

4DMEDICAL LIMITED 🔗 📄 📈

4DMedical wins a commercial pilot with the U.S. Department of Defense for its respiratory imaging technology.
The pilot involves performing a fixed number of scans on full commercial terms within the Military Health System.
This milestone has the potential to grow and validates the utility of XV Technology® in providing respiratory health insights.

2023-05-05 12:08:00

TBN: Implementation of the Pepper Inquiry and Rig Arrival

TAMBORAN RESOURCES LIMITED 🔗 📄 📈

The Northern Territory Government has implemented all 135 recommendations from the 2018 Scientific Inquiry into Hydraulic Fracturing, providing Tamboran Resources with confidence to progress its investment in the Beetaloo Basin.
Development of the Beetaloo Basin is expected to provide affordable energy to Australians and generate significant royalties for Traditional Owners and the Northern Territory Government.
A media event featuring Northern Territory Deputy Chief Minister Nicole Manison and Tamboran's Managing Director Joel Riddle will take place on 5 May 2023 to welcome the arrival of the Helmerich & Payne FlexRig® drilling rig in Australia.

2023-05-05 11:04:00

LAW: Market Update

LAWFINANCE LIMITED 🔗 📄 📈

LawFinance Limited (LAW) is in ongoing negotiations with lenders regarding a conditional funding transaction and debt restructure.
The second installment of US$250,000 has been delayed and is now expected to be paid by 10 May 2023.
The voluntary suspension of the Company will likely be lifted on or before pre-market open on 11 May 2023.

2023-05-05 10:55:00

BKI: BKI Share Purchase Plan raises $72.98 million

BKI INVESTMENT COMPANY LIMITED 🔗 📄 📈

BKI Investment Company Limited raised $72.98 million through its Share Purchase Plan.
No applications were scaled back, and all SPP Shares will rank equally with existing ordinary BKI shares.
New funds raised will be used to invest in profitable, high-income producing, well-managed companies for long-term growth.

2023-05-05 10:19:00

BCT: Bluechiip raises $2.2M and announces SPP

BLUECHIIP LIMITED 🔗 📄 📈

Bluechiip Limited raises $2.2 million through a placement of 88 million new ordinary shares at $0.025 per share.
Proceeds will be used for production scaling, sales expansion, and ongoing working capital.
A Share Purchase Plan (SPP) is announced, aiming to raise an additional $300,000 for existing shareholders.

2023-05-05 09:57:00

REE: A$4.0 Million Institutional Placement for RareX

RAREX LIMITED 🔗 📄 📈

RareX Limited raises A$4.0 million from institutional, sophisticated, and professional investors to accelerate resource definition and development studies at Cummins Range.
Funds will be used for resource definition drilling, completion of a DFS for Stage 1 phosphate DSO development, and PFS for its fully-staged Project.
New and existing shareholders show strong support for the Placement, highlighting the quality and scale of RareX's flagship Cummins Range Phosphate Rare Earths Project.

2023-05-05 09:41:00

SMI: Successful Placement to Raise $15.5m and Initiation of SPP

SANTANA MINERALS LIMITED 🔗 📄 📈

Santana Minerals Limited successfully raises A$15.5 million through the issuance of 24.8 million fully paid ordinary shares via an oversubscribed placement to sophisticated, professional, and institutional investors.
The funds raised will be used for exploration and infill drilling, technical and environmental studies at the Bendigo-Ophir Gold Project in New Zealand, and general working capital purposes.
In addition to the Placement, Eligible Shareholders will have the opportunity to apply for up to A$30,000 worth of new shares through the Share Purchase Plan (SPP) at the same issue price as the placement, with the SPP targeting to raise approximately A$3 million.

2023-05-05 09:38:00

TMK: Lucky Fox -2 Commences Drilling

TMK ENERGY LIMITED 🔗 📄 📈

TMK Energy Limited commences drilling for the Lucky Fox-2 pilot production well in the Gurvantes XXXV CSG Project, South Gobi Basin of Mongolia.
Drilling operations and site works for a six-month production test are expected to be completed by the end of June 2023.
TMK is confident in the dewatering process, forecasting early gas breakthrough from the Lucky Fox production well complex once fully operational.

2023-05-05 09:36:00

CHZ: Kassoko continues to grow

CHESSER RESOURCES LIMITED 🔗 📄 📈

Kassassoko's second batch of assay results show multiple wide intercepts with mineralization open in all directions, indicating potential resource growth at Diamba Sud.
Gamba Gamba Nord drilling returned high-grade mineralization, requiring additional exploration.
Chesser's CEO Andrew Grove highlights the potential of the mineralized system at Kassassoko and notes the structural setting trending over 700m to the northeast to the Southern Arc prospect.

2023-05-05 09:35:00

CDR: High-grade clay REE mineralisation identified at Karloning

CODRUS MINERALS LIMITED 🔗 📄 📈

Initial assays from the first drill hole at Karloning REE-Niobium Project reveal high-grade clay-hosted rare earth elements, with grades up to 4,764ppm TREYO.
The maiden 1,906m Reverse Circulation drilling program at Karloning has been safely completed, with all samples submitted for laboratory analysis.
The results from this drilling significantly upgrades the project's REE potential, confirming two styles of REE mineralisation and positioning Codrus to diversify into the critical minerals sector.

2023-05-05 09:34:00

CNB: New Chalcus Lode Emerges and pXRF 134m @ 1.6% Cu

CARNABY RESOURCES LIMITED 🔗 📄 📈

Carnaby Resources announced exceptional pXRF readings, assay results, and Downhole EM conductors at the Greater Duchess Copper Gold Project in Queensland.
New Chalcus Lode discovered, showing high potential for extensions of the high-grade lode with strong off-hole EM conductors.
Strong continuity of mineralization is confirmed for the main NE and NW lodes at Mount Hope Central with pXRF results of up to 134m at 1.6% Cu from 250m.

2023-05-05 09:33:00

HMG: Placement and SPP to Accelerate West Tanami Exploration

HAMELIN GOLD LIMITED 🔗 📄 📈

Hamelin Gold Limited receives firm commitments to raise $3.75 million via a two-tranche placement to accelerate exploration in West Tanami.
Major shareholders Gold Fields Limited and Silver Lake Resources Limited provide strong support with binding commitments for $1.25 million each.
Funds raised will be used to advance exploration at Hamelin's 100% owned West Tanami Gold Project with planned drilling and geochemical programs.

2023-05-05 09:31:00

BGE: Board and Management Changes

BRIDGE SAAS LIMITED 🔗 📄 📈

Winton Willesee appointed as non-executive director, replacing Gianin Zogg who resigned due to increasing demands of his executive role at Workforce Health Assessors.
Anna-Marie Stella appointed as Interim CEO; Leanne Graham reverts to her role as non-executive director after serving in an interim executive capacity.
Daniel Wan resigns as Chief Financial Officer, effective from 3 August 2023.

2023-05-05 09:31:00

CRR: 8.0 Mt at 1.07% Li2O Maiden Mineral Resource at Mavis Lake

CRITICAL RESOURCES LIMITED 🔗 📄 📈

Critical Resources announces maiden JORC Code 2012 compliant Inferred Mineral Resource Estimate (MRE) of 8.0 Mt at 1.07% Li2O for its Mavis Lake Lithium Project in Ontario, Canada.
Significant potential for further resource upgrades identified, with mineralization remaining open along strike and down-dip.
2023 drilling campaign to continue alongside development studies, positioning Critical Resources as a significant player in the North American critical minerals sector.

2023-05-05 09:28:00

FEG: Further Visible Gold in Woyla Drill Core

FAR EAST GOLD LTD 🔗 📄 📈

Visible Gold identified in Woyla drill core at AGM014, marking the 4th time during Phase 1 and 2 drilling programs.
Intersected quartz vein/breccia zone with fine-grained electrum and Visible Gold within a 1.5m section.
Further confirms Woyla project's potential to host high-grade gold and silver zones.

2023-05-05 09:22:00

AGC: Achilles IP Survey Produces Stellar Drill Targets

AUSTRALIAN GOLD AND COPPER LTD 🔗 📄 📈

A 26.4 line-kilometre induced polarisation (IP) geophysical survey has been completed at Achilles as the first of three high impact IP surveys targeting sulphide mineralisation at the South Cobar Project.
Two large zones of strong chargeability were defined, each derived across multiple lines of IP and strengthening considerably with depth.
Achilles Northern IP Anomaly and Achilles Southern IP Anomaly produced stellar drill targets with large chargeability anomalies found west of previous drilling and under surface anomalism and hydrothermally altered outcrop.

2023-05-05 09:13:00

MGT: Landmark Community MOU Signed for Razorback Project

MAGNETITE MINES LIMITED. 🔗 📄 📈

Memorandum of Understanding (MOU) signed between Magnetite Mines Limited and District Council of Peterborough for the Razorback Iron Ore Project.
MOU aims to establish collaboration on local interests, support engagement between parties, and develop shared infrastructure and support for ancillary developments.
Magnetite Mines focuses on developing magnetite iron ore resources in South Australia and has a 100% owned Mineral Resource of 6 billion tonnes of iron ore.

2023-05-05 08:53:00

IHL: Lease Secured for Psychedelic Clinic

INCANNEX HEALTHCARE LIMITED 🔗 📄 📈

Incannex Healthcare's subsidiary Clarion Clinics Group has entered a lease for its first psychedelic-assisted psychotherapy clinic in Melbourne, Australia.
The clinic, expected to open in August 2023, will offer capacity to treat over 600 patients per year and will be designed as a scalable prototype for future locations.
Incannex has ordered an initial supply of psilocybin and MDMA from Pharmala Biotech to facilitate the commencement of clinical operations.

2023-05-05 08:47:00

EVR: Significant Rare Earth Results at Khartoum Project

EV RESOURCES LTD 🔗 📄 📈

Significant Total Rare Earth Oxide (TREO) values identified at Khartoum Project in North Queensland, including rock chip values up to 6993ppm and drilling results of 8m at 2096ppm TREO.
High ratios of Heavy REO, Magnetic REO, and other significant rare earth element values discovered.
Exploration update supports potential for tin and tungsten mineralization within the project area.

2023-05-05 08:45:00

GML: Lithium Exploration Farm-in Conditions Achieved at Montague

GATEWAY MINING LIMITED 🔗 📄 📈

All conditions precedent to the farm-in agreement have been satisfied or waived for the Montague Gold Project.
SensOre will begin lithium exploration and fund up to $4.5 million over 4.5 years, earning 80% of the lithium rights.
The agreement offers Gateway potential future exposure to the battery metals market.

2023-05-05 08:31:00

WML: Lithium Anomalies defined at Mt Cattlin Project

WOOMERA MINING LIMITED 🔗 📄 📈

Two large lithium anomalies discovered in Woomera Mining Limited's Mt Cattlin Project, located north of Allkem's lithium mine in southeast Western Australia.
Main anamoly is 1.5km long and open to the north, while the western anomaly is approximately 1km long extending from the southern boundary.
Further geochemical sampling planned to determine the full extent of these lithium anomalies within Woomera's tenure.

2023-05-05 08:22:00

OCT: Drilling to Commence at Panton North

OCTAVA MINERALS LIMITED 🔗 📄 📈

Exploration drilling at Panton North Ni-Cu-PGM Project to begin in June, conducted by Future Metals.
Panton North, part of the Farm-In Joint Venture, has previously shown strong Ni-Cu-PGM geochemistry.
Drilling will also target the embayment feature (BCI) within the Farm-In Joint Venture boundary.

2023-05-05 08:21:00

BUR: Chubb Lithium drilling identifies spodumene mineralisation

BURLEY MINERALS LTD 🔗 📄 📈

Burley Minerals' maiden drilling program at Chubb Lithium Project in Quebec successfully expands known mineralization.
Spodumene-pegmatites observed with down-hole intersections between 4 and 12 meters in width.
Initial assays expected in 3 to 4 weeks, with additional exploration efforts underway in other prospect areas.

2023-05-05 08:20:00

CRS: SIGNIFICANT RARE EARTH ELEMENT ANOMALY IDENTIFIED

CAPRICE RESOURCES LTD 🔗 📄 📈

Significant Rare Earth Element soil anomaly identified at Mukinbudin, with elevated REEs up to 3,761ppm and open along strike.
Over 1km of outcropping pegmatite untested, with further sampling planned to assess other areas within the Project for REE bearing pegmatites.
Only 20% of the 380km2 Project has been actively explored to date, showing the prospectivity of the Project.

2023-05-05 08:20:00

ENR: Diamond drilling of multiple targets underway - West Arunta

ENCOUNTER RESOURCES LIMITED 🔗 📄 📈

Diamond drilling has commenced at Encounter Resources' Aileron Cu-REE project in the West Arunta region of Western Australia.
The initial program will target the Caird, Crean, and Worsley anomalies, with similar geophysical characteristics to IOCG deposits in South Australia.
First assay results from the drilling program are expected between June and July 2023.

2023-05-05 08:20:00

ASP: Q2-23 Highlights

ASPERMONT LIMITED. 🔗 📄 📈

Aspermont reports 27th consecutive quarter of double-digit growth in subscriptions revenue and 3% YoY increase in total revenue.
New management appointments have been made to expand operational capacity and upscale growth.
Content Works revenue up 102% YoY with a partnership confirmed with Saudi Arabia.

2023-05-05 08:20:00

IPD: SOZO Pro Achieves Clearance by U.S. FDA

IMPEDIMED LIMITED 🔗 📄 📈

ImpediMed's SOZO Pro has received FDA clearance, offering improved features such as an integrated weight scale, higher weight capacity, and enhanced stand design.
The clearance allows for a Traditional 510(k) application submission to cover the heart failure indication and removal of contraindication for patients with pacemakers and ICDs.
SOZO Pro is expected to launch in the 2024 fiscal year, further accelerating expansion in oncology and additional markets like heart failure.

2023-05-05 08:19:00

SPT: Splitit signs partnership agreement with VISA

SPLITIT PAYMENTS LTD 🔗 📄 📈

Splitit announces collaboration with Visa to provide an enhanced instalment solution with a streamlined consumer experience.
Single API integration supports Visa Instalments and other credit cards via Splitit's proprietary model for Acquirers and Merchants.
Pilot launch is planned for the second half of 2023 in select markets.

2023-05-05 08:16:00

PIQ: World Endometriosis Congress - New diagnostic test showcased

PROTEOMICS INTERNATIONAL LABORATORIES LTD 🔗 📄 📈

Proteomics International presents a potential new blood test for endometriosis at the 15th World Congress on Endometriosis in Edinburgh, Scotland.
The test offers improved early screening for the disease, correctly identifying up to 90% of patients with the condition in a study of over 900 participants.
Endometriosis affects one in ten women often causing pain and infertility, and diagnosis currently takes an average of 7.5 years.

2023-05-05 08:15:00

ANZ: News Release - ANZ 2023 Half Year Result & Proposed Dividend

ANZ GROUP HOLDINGS LIMITED 🔗 📄 📈

ANZ announces a Cash Profit of $3,821 million for 1H23, up 12% from the prior half.
Proposed Interim Dividend is 81 cents per share, fully franked.
Strong financial performance with material contributions from all four divisions and a well-diversified business.

2023-05-05 07:35:00

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