Page 591 - Small Caps News Today

Providence will no longer wait on partners as it plans to push forward one of Europes largest untapped oil projects.

CytoDyn raises another $25M for Vyrologix development in second covertable debt offering this month The note may be converted at the option of the investor into shares of the common stock at a price of $10 per share It has raised more than $50 million in the past three weeks and roughly $500 million in the company’s history CytoDyn Inc (OTCQB:CYDY) announced that it has completed an additional potentially non-dilutive convertible debt offering with an institutional investor, which...

Great Boulder Resources higher on securing major Eareheedy Basin land position near Rumbles recent zinc-lead discovery The company has lodged exploration licence applications over a new zinc-lead project to be named the Wellington Project, which has been highlighted by Rumble Resources’ major discovery. The new tenements overlie the prospective Frere Formation within the Proterozoic Earaheedy Basin Great Boulder Resources Ltd (ASX:GBR) is trading higher after securing a major la...

Tempus Resources to extend Canadian gold drilling after raising A$1.9 million in placement The strongly supported placement will enable the company to enlarge drill plans at Blackdome-Elizabeth Gold Project in British Columbia, Canada, with drilling expected to start by the end of this quarter. Tempus plans to drill around 7,500 metres to expand known high-grade gold mineralisation. Tempus Resources Ltd (ASX:TMR) (CVE:TMRR) (OTCMKTS:TMRFF) (FRA:4W0) has received firm commitments to ...

King River Resources Ltd (ASX:KRR) is making progress with test-work for a pre-feasibility study (PFS) into the production of high purity alumina (HPA) using its specially developed refining process at a proposed processing operation at Kwinana in Western Australia. During the March quarter, HPA was produced at >4N (99.99%) purity by calcining high purity precursor materials purified by the company’s refining process. The materials were refined from industrial chemical feedstock material a...

There are good signs that Venture Minerals is ticking all the right boxes to create shareholder value. Samso chats with Venture Minerals managing director Andrew Radonjic I must admit that the Rileys hematite project in Tasmania was never on my radar screen. I wish I had paid more attention to it, as the iron ore price is at an all-time high and what I am seeing is, the economic fundamentals of this sector are looking good for the coming years. There is news that there will be a pul...

Kangaroo Island Plantation Timbers in mill negotiations after timber expo in Mt Gambier Buyers were particularly interested in the KPT wood that had positive resi testing results, proving its suitability for construction grade lumber. Colin Wooldridge from Whitehead’s Timber Sales checks out the internal structure of the KPT logs. Kangaroo Island Plantation Timbers Ltd (ASX:KPT) has completed an expo of its timber at a yard near Mt Gambier in southeast South Australia and is in ne...

Cellmid on track for profitability in FY2022 with planned revenue growth in ecommerce and new product launches The company has made progress in its new product development program with a hair loss supplement formulation completed and manufacturing and ecommerce set to launch during the first half of 2022. Cellmid is well-funded to implement its growth strategy after completing a $4.5 million capital raise in March, taking cash reserves to around $8.3 million after costs. Cellmid Lt...

Core Lithium makes exploration breakthrough as gravity geophysical survey correlates with Finniss lithium pegmatite distribution Core’s new gravity survey has demonstrated that this methodology is a valuable tool for pegmatite exploration in the Northern Territory. The Finniss Lithium Project is Australia’s most advanced, new lithium project on the ASX. Core Lithium Ltd (ASX:CXO) (OTCMKTS:CXOXF) has made a key exploration breakthrough with new gravity geophysical surveys demo...

Boadicea Resources Ltd (ASX:BOA) is confident its growth trajectory is exponential as it sits on a potential $50 million-plus payday from mining partner IGO Ltd (ASX:IGO), amid several other projects in the premier mining regions of northern Western Australia and northern Queensland. Back in early September 2020, Boadicea executed a conditional asset sale agreement with IGO Newsearch, a wholly-owned subsidiary of IGO, which is one of Australia’s biggest mining companies with a market cap of $...