Page 523 - Small Caps News Today

Peninsula Energy secures commitments for A$15 million equity raising for uranium purchase The placement and SPP will fund the purchase of 300,000 pounds of uranium at a price of US$31.35 per pound, a strategic purchase that will assist the company as it transitions the Lance Project in Wyoming to a low pH ISR operation. Settlement is due next month and the uranium will be stored at the Cameco Facility in Ontario, Canada. Peninsula Energy Ltd (ASX:PEN) (OTCMKTS:PENMF) (FRA:P1M) has...

Lotus Resources outlines path to restart during Proactive Uranium Webinar Lotus Resources Ltd (ASX:LOT) managing director Keith Bowes outlined key investment takeaways at the Proactive Uranium Webinar on Tuesday, May 25. Bowes said the Kayelekera Uranium Project in Malawi is a proven producing asset, fit for the upcoming uranium boom with a resource of 3.7 million pounds at 63ppm U3O8. Technical studies are underway and a feasibility study is scheduled for completion in 2022 on the path towards...

European Lithium gets all-clear to finalise definitive feasibility study for Wolfsberg project “We are convinced that we will achieve our ambitious aim to become one of the first battery-grade lithium producers in Europe,” says CEO. An independent expert clarified that there was never a risk to ground and spring water sources to local communities. European Lithium Ltd (ASX:EUR) (FRA:PF8) (VIE:ELI) has received the all-clear to finalise a definitive feasibility study (DFS) for Wo...

Andromeda Metals higher on signing high purity alumina MoU with AEM Technologies The MoU will explore a joint technical and commercial development under which ADN can access AEM’s patented process to construct a facility to produce high purity alumina using ADN kaolin. The company is aiming to fast-track its HPA opportunity towards commercialisation. Andromeda Metals Ltd (ASX:ADN) has signed an MoU with AEM Technologies Inc to explore a joint technical and commercial development...

NA Proactive news snapshot: TechX Technologies, Binovi Technologies, Versus Systems, Organic Garage, NEXE Innovations UPDATE … A glance at some of the days highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive TechX Technologies Inc (CSE:TECX)  has entered into a debt settlement agreement pursuant to which the company has agreed to issue 164,062 common shares at a deemed price of $0.64 per share, to settle indebtedness o...

Alchemy Resources completes phase one drill program at Karonie Gold Project The aim of the program was to infill and extend mineralisation along strike from the Aldiss Mining Centre and testing of geophysical targets to the southeast. All RC drill samples have been submitted to ALS Kalgoorlie and additional drilling is planned subject to results. Alchemy Resources Ltd (ASX:ALY) (FRA:45A) has completed 27 holes for 3,121 metres of reverse circulation (RC) drilling within its 100%-ow...

Assays for 17 diamond drill holes remain pending with mineralisation remaining open down-plunge and at depth.

China stocks, China small caps, comment, analysis, financial news, news, mining news, oil and gas news on small cap companies on the Hong Kong, Shenzhen, Shanghai, Australian Stock Exchange, Toronto Stock Exchange, NYSE, NASDAQ and London Stock Exchange and AIM markets in China, Australia, Canada and the UK.

The company completed a private placement of 53.3mln shares and warrants to a single institutional investor

China stocks, China small caps, comment, analysis, financial news, news, mining news, oil and gas news on small cap companies on the Hong Kong, Shenzhen, Shanghai, Australian Stock Exchange, Toronto Stock Exchange, NYSE, NASDAQ and London Stock Exchange and AIM markets in China, Australia, Canada and the UK.