European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has welcomed a call from Austrian Minister for Agriculture, Regions and Tourism Elisabeth Köstinger to accelerate the domestic extraction of raw materials to make Austria more independent of imports.
Köstinger, whose ministry is responsible for mining and raw materials since 2017, also wants to promote a circular economy and cooperation with resource-rich countries.
Antipa Minerals Ltd (ASX:AZY)’s prospective farm-in partner IGO Newsearch Pty Ltd, a wholly-owned subsidiary of IGO Ltd (ASX:IGO), has decided to proceed with the next stage of a farm-in agreement, where it will manage AZY's Paterson Project in the Paterson Province of Western Australia.
IGO’s decision follows the completion of an initial commitment of A$4 million exploration expenditure, which was realised within just one and a half years.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) told investors that its open-offer share sale has completed, raising US$2mln of gross proceeds.
The offer was significantly oversubscribed, with valid acceptances representing some 138% of available new shares. Scale back measures will be will now be applied.
Graft Polymer PLC has applied for a standard listing on the London Stock Exchange.
Headquartered in in London, Graft said it will use funds raised through the IPO to accelerate the development of its polymer modification technology, where it already supplies its IP for use in healthcare, manufacturing and fire protection.
Mila Resources PLC (LSE:MILA)’s chief geologist hailed the first drilling results from its Kathleen Valley project in Australia as some of the “best he had seen” in thirty years of mining.
“This has to be one of the most consistent and best overall gold intersections I've seen in my 30-year career, said Neil Hutchison.
Bradda Head Lithium Ltd (AIM:BHL) said it completed its funding agreement with Lithium Royalty Corporation (LRC) following a site visit and completion of due diligence.
LRC is paying US$8mln for a 2% gross overriding royalty (GOR) over Bradda Head's sedimentary lithium claims in Arizona (Wikieup and Burro Creek) with the pegmatite and brine projects unencumbered.
Sovereign Metals Limited (ASX:SVM, AIM:SVML) has completed a successful £1 million (~A$1.9 million) placement from UK investors following its listing on the AIM market of the London Stock Exchange.
SVM will issue 3,571,428 ordinary shares at an issue price of £0.28 on completion of the placement.
Eckoh Plc has completed of its acquisition of Syntec, a provider of Secure Payments solutions, following the announcement of a £31mln deal earlier this month. The transaction was paid in cash and Eckoh shares.
KRM22 Plc confirmed the acquisition of Trading Technologies International Inc by 7RIDGE Investments, a capital markets software as a service (SaaS) firm which in November signed a £4.7mln share subscription deal with KRM22.