Update on the ASX Listing
Investing News Network » Resource Investing
by Investing News Network
2h ago
CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing lithium projects in Chile, has been informed by representatives of the Australian Securities Exchange ("ASX") that due to procedural matters the approval process of the Company's listing on ASX will be extended. The Company is working with its lawyers in Australia, its other advisers and ASX to address the matters expeditiously and will provide the market with a further update when greater clarity has been obtained on the revised expected timetable. For further information contact ..read more
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FDA Fast Track Designation for Narmafotinib in Advanced Pancreatic Cancer
Investing News Network » Resource Investing
by Investing News Network
12h ago
Amplia Therapeutics Limited (ASX: ATX), (“Amplia” or the “Company”), is pleased to announce that the United States Food and Drug Administration (FDA) has granted Fast Track Designation to Amplia’s Focal Adhesion Kinase inhibitor, narmafotinib, for the treatment of advanced pancreatic cancer. HIGHLIGHTS The US FDA has granted Fast Track Designation to Amplia’s lead drug narmafotinib in advanced pancreatic cancer Fast Track Designation facilitates the development of investigational drugs and allows for expedited review Fast Track Designation is available to drugs that may provide an advantag ..read more
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Lithium Universe Limited (ASX: LU7) – Trading Halt
Investing News Network » Resource Investing
by Investing News Network
12h ago
Description The securities of Lithium Universe Limited (‘LU7’) will be placed in trading halt at the request of LU7, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 24 September 2024 or when the announcement is released to the market. Issued by ASX Compliance Click here for the full ASX Release This article includes content from Lithium Universe, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial produc ..read more
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Unlocking Cashflow Potential in Mining Ventures
Investing News Network » Resource Investing
by Investing News Network
12h ago
The months and years after a significant mineral discovery can be financially complex for mining companies. Getting to mining operations requires careful cashflow strategies to keep the venture afloat. There is a path to cashflow generation that can take an organization through the stages of discovery to production. These strategies can enable such companies to keep moving through the much-needed work of early stage mine development. ​Mining cycle Every mining project goes through a process, which can be thought of as a five stage cycle. It includes exploration, discovery, development, produ ..read more
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Saskatchewan Research Council Achieves Commercial Production at Rare Earths Facility
Investing News Network » Resource Investing
by Giann Liguid
12h ago
The Saskatchewan Research Council's (SRC) rare earths processing facility in Saskatoon is now producing rare earths at a commercial scale, the organization announced on Monday (September 16). The Canadian province is now the first and only jurisdiction in North America to achieve this level of production. The SRC said output reached commercial scale over the summer, and can produce 10 metric tons of neodymium-praseodymium (NdPr) metals per month. The milestone was reached ahead of schedule, and the operation has reportedly achieved purities exceeding 99.5 percent, as well as conversion rates ..read more
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Titan Forms Joint Venture for Linderos Project with Hancock Prospecting Subsidiary
Investing News Network » Resource Investing
by Gabrielle De La Cruz
12h ago
Titan Minerals (ASX:TTM,OTC Pink:TTTNF) announced it has executed a binding joint venture and earn-in deal with Hancock Prospecting subsidiary Hanrine Ecuadorian Exploration and Mining. According to Titan's Wednesday (September 18) release, the deal concerns the company's Southern Ecuador-based Linderos copper project, in which Hanrine will be able to acquire up to an 80 percent interest. "We are pleased to be partnering with Hanrine, who have a well-established team in-country with the technical capability and financial capacity for us to mutually benefit from exploration success alongside ..read more
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WA1, Tjamu Tjamu Sign Negotiation Protocol for West Arunta Project
Investing News Network » Resource Investing
by Gabrielle De La Cruz
12h ago
WA1 Resources (ASX:WA1,OTC Pink:WAORF) said on Tuesday (September 17) that it has signed a negotiation protocol with Tjamu Tjamu (Aboriginal Corporation) RNTBC for its West Arunta project in Western Australia. Tjamu Tjamu is the native title representative body for the Kiwirrkurra People. The two parties entered the negotiation protocol for the sake of ensuring that the rights of both WA1 and Tjamu Tjamu are protected, especially concerning infrastructure construction in the project area. “It’s good to have these rules for talking, we want to make sure this project happens the right way and ..read more
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Offer Booklet Non-Renounceable Rights Issue Offer
Investing News Network » Resource Investing
by Cecilia Abacan-Belmonte
15h ago
The directors (Directors) of Energy Technologies Limited (ASX: EGY) ACN 002 679 469 (Company) are pleased to offer you the opportunity to participate in a non-renounceable rights issue on the basis of 1 new fully paid ordinary share in the Company (each, a New Share) for every 1 existing share in the Company (each, a Share) held on the Record Date held (Entitlement) at an issue price of $0.03 (3 cents) per New Share (Offer Price) to raise approximately $12.7 million (before costs) (Offer). Shaw and Partners Limited have been appointed as lead manager of the Offer. The Offer is not underwritt ..read more
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Trigg Acquires Ultra High-Grade Antimony Portfolio, Grading up to 63% Antimony
Investing News Network » Resource Investing
by Investing News Network
15h ago
Trigg Minerals Limited (ASX: TMG) ("Trigg" or the "Company") is pleased to announce it has signed a binding purchase agreement with Bullseye Gold Pty Ltd to acquire the ultra-high-grade Taylors Arm and Spartan Antimony Projects in northern NSW (Acquisition) (Figure 1). HIGHLIGHTS Trigg signs a binding purchase agreement to acquire 100% of the Spartan and Taylors Arm Antimony projects in northern NSW after completing due diligence. The projects are in the New England Orogen and are considered highly prospective for antimony ± gold mineralisation. Taylors Arm Antimony Portfolio features 71 hi ..read more
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Unsecured Loan Facility from Sichuan Hebang Biotechnology
Investing News Network » Resource Investing
by Investing News Network
17h ago
Avenira Limited (ASX: AEV) advises that it has executed a loan agreement with its largest shareholder, Sichuan Hebang Biotechnology Corporation Limited (SHSE: 603077) (“Hebang”) for Hebang to provide a $2.79 million unsecured loan facility to the Company of the Tranche 2 placement proceeds pending shareholder approval and any other required regulatory approvals for the Tranche 2 placement. The purpose of this loan is to ensure the Company has sufficient funds to progress the development of the Wonarah project while awaiting these approvals. The material terms of the Loan Facility are as foll ..read more
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