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Category: Oil Mining Resources

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

Euro Manganese Reports Second Fiscal Quarter 2024 Financial Results

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VANCOUVER, British Columbia, May 15, 2024 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) today announced financial results and key developments during the second fiscal quarter and to date. The Company has now filed its March 31, 2024, second fiscal quarter Financial Statements and Management’s … Continued

Rover Announces and Closes $0.03 Unit Financing

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S. VANCOUVER, BC / ACCESSWIRE / May 15, 2024 / Rover Critical Minerals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO) ("Rover" or the "Company") is pleased to announce a non-brokered private placement financing for a minimum of $400,000 and a maximum of $800,000. The Company will issue $0.03 units. … Continued

Maronan Metals (ASX:MMA) Placement Raises $5.65 Million And SPP to Raise up to $1.5 Million

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HIGHLIGHTS Maronan Metals has received firm commitments of $5.65 million via a Placement to institutional and sophisticated investors and existing shareholders A Share Purchase Plan (SPP) targeting $1.5 million at the same offer price as the Placement offered to eligible shareholders On completion of the Capital Raising, Maronan will be well funded to continue resource … Continued

Challenger Gold (ASX: CEL) – Ongoing metallurgical testwork continues to improve Hualilan economics

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PERTH, WA — May 16, 2024 — Challenger Gold Limited (ASX: CEL) (“Challenger Gold” or “the Company”), an ASX listed gold explorer, is thrilled to announce significant advancements from ongoing metallurgical testwork at its Hualilan Gold Project, which have resulted in improved economic prospects and efficiencies in mineral processing. Recent tests have successfully increased the … Continued

Intra Energy Corporation Limited (ASX: IEC) – Further high-grade gold assays identified in quartz reefs at Maggie Hays Hill Project

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SYDNEY, AUSTRALIA – Intra Energy Corporation Limited (ASX: IEC), a diversified mining and energy group with a core focus on battery, base and precious metals exploration, is excited to announce the discovery of significant new high-grade gold assays at its Maggie Hays Hill Project, situated within the prolific Lake Johnston Greenstone Belt in Western Australia. … Continued