Latest Options News

Winsome Resources has resumed targeted exploration for high-grade cesium mineralisation at its Sirmac-Clapier Project in Quebec, aiming to define drill targets following promising 2024 results.

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

Resolution Minerals has secured final US Forest Service permits to begin drilling at its Horse Heaven Project, targeting gold, antimony, and tungsten. The company also advances its acquisition, setting the stage for exploration later this year.

Olympio Metals has expanded its diamond drilling program at the Bousquet Gold Project in Quebec, targeting the Amadee Prospect adjacent to the high-grade Paquin zone. The move aims to explore a potentially continuous gold-bearing structure with assay results expected soon.

Novo Resources has reported significant high-grade gold intercepts from its maiden drilling at the Clone prospect within the Tibooburra Gold Project, confirming a continuous shallow north-plunging gold shoot over 300 metres. The company plans further drilling and structural studies to expand on these promising results.

Panther Metals has reported further high-grade gold intercepts and strike extensions from its 2025 drilling campaign at the Burtville East Gold Project, reinforcing the project's growing potential. The company is now moving towards updating its geological model and preparing a maiden Mineral Resource estimate.

BWP Trust proposes to internalise its management by acquiring BWP Management Limited from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital expenditure at key Bunnings sites. The transaction aims to enhance income certainty, reduce costs, and increase distributions for investors.

Coolabah Metals Limited has closed its upsized $20 million public offer ahead of schedule due to strong investor demand, progressing its strategic acquisition of Broken Hill Mines Pty Ltd. The move consolidates key mining assets at Broken Hill and sets the stage for a significant corporate transformation.

A VCAT ruling has invalidated the Deferred Management Fee clause in Lifestyle Communities’ contracts due to disclosure issues, prompting an imminent appeal and contract revisions.

ARC Funds Limited has completed a $750,000 equity raise through a placement and director share subscription, supporting its recent acquisitions and growth strategy.

Bastion Pte. Mining Ltd has secured an 86.8% interest in Xanadu Mines, prompting the board to recommend shareholders accept the takeover offer ahead of its extended July 29 closing date.

Clean Seas Seafood shareholders have voted to approve Yumbah Aquaculture’s acquisition scheme, setting the stage for delisting and a significant ownership change. The deal offers shareholders a cash option or a scrip alternative, with expert backing and board endorsement.