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Rincon Resources Limited (ASX: RCR) – Over-Subscribed A$5.6m Raising to Expand West Arunta Exploration

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Perth, Western Australia – ASX listed minerals explorer, Rincon Resources Limited (ASX: RCR) (“Rincon” or “the Company”) is pleased to announce the successful completion of an over-subscribed capital raising of A$5.6 million. The funds were raised through the placement of 56,000,000 fully paid ordinary shares at a price of $0.10 per share. This capital injection … Continued

Zenith Minerals Limited (ASX:ZNC) – RC & AIRCORE DRILLING COMMENCED TO TEST GOLD & NICKEL TARGETS

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Press Release: Zenith Minerals Announces Commencement of RC & Aircore Drilling at Hayes Hill to Test Promising Gold and Nickel Targets Perth, Australia – May 22, 2024 – Zenith Minerals Limited (ASX: ZNC), an Australian-based minerals exploration company, is pleased to announce that Reverse Circulation (RC) and Aircore drilling has commenced at the Hayes Hill … Continued

Farmers cautiously welcome carbon credit move; remind integrity is key

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Tuesday 21 May, 2024   Farmers for Climate Action has cautiously welcomed news that stakeholders will be able to submit new carbon absorption and reduction methods, and reiterated that integrity is key to any carbon methodology.   Carbon credits created in the agriculture and land sector generally involve absorbing carbon, typically in plantings of native … Continued

Australia’s QuickFee raises capital following 50 per cent revenue jump

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Australia’s QuickFee raises capital following 50 per cent revenue jump Focus on professional services pays off at home and in the US   Following its recent capital raise, listed Australian payments and lending business, QuickFee Limited (ASX: QFE) will quickly grow its footprint in the United States as professional services firms modernise their payment systems … Continued

Victory Metals Limited (ASX:VTM) – Oversubscribed $2.5M Placement to rapidly advance our 100% owned Heavy Rare Earth Element Project

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Highlights Successful oversubscribed placement to raise an amount of $2,500,000 Proceeds to be utilised to further advance North Stanmore, Australia’s largest Heavy Rare Earth project situated adjacent to the Great Northern Highway in Cue, Western Australia Victory Metals Limited (ASX:VTM) (“Victory” or “the Company”) is pleased to announce it has received firm commitments from professional … Continued

Galan Lithium Limited (ASX: GLN) – A$14 Million Capital Raise For Continued Ongoing Development of HMW Phase 1

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Galan has received firm commitments to raise A$14 million at A$0.23 per share Strong support received from offshore and domestic institutional and sophisticated investors, with the Placement oversubscribed Funds will be used for the further development of the Hombre Muerto West lithium brine project (HMW) in Argentina, corporate overheads and working capital Galan Lithium Limited … Continued

Loyal Lithium (ASX:LLI) Raises $3.3M at a 73% Premium to Market in Heavily Oversubscribed Flow-Through Placement

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Highlights: Loyal Lithium has raised $3.3M at a 73% Premium to the 15-day VWAP by utilising the “flowthrough shares” provisions under Canadian tax law. Flow-through shares to be placed at $0.45 per share with an immediate on-sale via a block trade agreement to predominately existing major shareholders in Australia and Canada. Placement received exceptionally strong … Continued

Hut 8 Reports First Quarter 2024 Results

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Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million 9,102 self-mined Bitcoin on balance sheet as of March 31, 2024 MIAMI, May 15, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator … Continued