Latest Options News

Resolution Minerals Ltd has successfully raised $25.1 million through a heavily supported placement, positioning itself to advance its Horse Heaven Project in Idaho and prepare for a NASDAQ listing.

Blue Star Helium has decided not to exercise its purchase option on key Colorado helium assets after thorough evaluation, signaling a strategic pivot in its growth approach.

Western Gold Resources has completed over 45% of its 35,300-metre grade control and infill drilling program at the Gold Duke Project, receiving initial assay results from the Eagle prospect. The company is finalizing an updated scoping study and secured $3 million in non-dilutive funding to support a planned mining start in late 2025.

Neurizon Therapeutics has locked in a significant R&D tax incentive advance covering overseas and domestic development costs for its lead ALS drug candidate NUZ-001, accelerating its clinical progress with a $5.6 million rebate expected in 2025.

Mont Royal Resources Ltd (ASX – MRZ) has lodged a prospectus to raise between A$8 million and A$10 million through a share offer priced at A$0.20 each, coinciding with a proposed merger with Commerce Resources Corp (TSXV – CCE). The combined entity aims to become a leading Quebec-focused critical minerals developer.

EQ Resources Limited has appointed industry veteran Craig Bradshaw as Managing Director, marking a strategic leadership transition to drive growth in global tungsten mining.

Barton Gold has launched an 18,000m drilling campaign at its Tunkillia project to upgrade mineral resources and fast-track a mining lease application by 2026, targeting robust early cash flows from high-value starter pits.

Buxton Resources has strategically refined its exploration portfolio, acquiring promising copper and gold projects while divesting less aligned assets to accelerate discovery potential and shareholder value.

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.

DY6 Metals has completed a $245,000 placement to directors, with key insiders further demonstrating confidence through on-market share purchases and option exercises totaling over $115,000.

Revolution Private Credit Income Trust has released comprehensive rules for its Distribution Reinvestment Plan, outlining how investors can reinvest distributions into additional units. The plan details eligibility, pricing, and operational procedures, setting the stage for potential shifts in investor participation and capital structure.

Nexion Group has amended its sale agreement with Pier DC to include cancellation of an increased $1.75 million in Convertible Notes, reflecting recent fundraising. This adjustment marks a key step in the divestment of its Networks and Telecom units.