Icetana AI has launched a fully underwritten renounceable entitlement offer to raise approximately A$2.65 million, aiming to bolster sales, marketing, and product development. The company is also nearing a potential $1.77 million deal linked to its Baghdad Safe City project in Iraq.
Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.
Gullewa Limited reports significant gold assay results from its 2024 Phase 1 drilling campaigns at the South Darlot Gold Project and British King, expanding known mineralisation zones and confirming high-grade potential.
The Australian Takeovers Panel has declared unacceptable circumstances in Alara Resources Limited's recent rights issue, citing inadequate disclosure and potential control issues involving Al Tasnim Infrastructure LLC. The company faces a costs order and must reassess its fundraising approach.
Asian Battery Metals has released final assay results from its 2024 Phase 2 drilling at the Oval Cu-Ni-PGE project in Mongolia, confirming multiple high-grade massive sulphide intercepts that underscore the prospect's potential.