Latest Operational Risks News

AXP Energy has successfully reached the target depth in its Charlie #1 well, revealing over 290 feet of promising oil and gas shows across multiple formations. The company is now preparing for detailed logging to assess commercial viability.

Green Critical Minerals has locked in a $5.2 million underwriting agreement to support the exercise of its expiring options, reinforcing its commercialisation strategy for innovative VHD graphite technology.

Everlast Minerals Ltd has issued a Replacement Prospectus for a $4-6 million ASX IPO to fund its mineral sands projects in Bangladesh, focusing on advancing the Gaibandha project towards commercial production.

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

Battery Age Minerals Limited has launched an offer of up to 29 million quoted options following a $3 million placement, aiming to support exploration projects in Austria and Argentina while managing shareholder dilution.

Tolu Minerals has completed a groundbreaking airborne LiDAR survey over its Tolukuma prospects, delivering ultra-precise topographic data to guide targeted drilling and infrastructure planning.

Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.

Ainsworth Game Technology’s Independent Board Committee has unanimously recommended shareholders accept Novomatic AG’s unconditional $1.00 per share cash takeover offer, supported by an independent expert’s report deeming the offer fair and reasonable.

Lunnon Metals reports robust high-grade gold assay results from its Lady Herial deposit, underpinning a low-risk open pit development opportunity within the Kambalda Gold & Nickel Project.

Catalyst Metals has doubled its gold Reserves at the Plutonic Belt to 1.5 million ounces, underpinning a bold plan to double annual production to 200,000 ounces over the next decade.

NSX Limited shareholders will decide on a recommended acquisition scheme offering $0.04 cash per fully paid share, representing a substantial premium. The Board and an independent expert endorse the deal, which would see NSX delisted and become a CNSX subsidiary.

Polymetals Resources reports steady operational gains at its Endeavor silver-zinc mine, hitting key production and financial milestones including a scheduled first zinc concentrate shipment and inclusion in the ASX All Ordinaries Index.