Latest Options News

Arafura Rare Earths has locked in a A$200 million convertible note investment from the National Reconstruction Fund Corporation, marking a pivotal step toward developing Australia's first ore-to-oxide rare earths processing operation at Nolans.

Many Peaks Minerals has initiated diamond drilling at its Ferké gold project in Côte d'Ivoire, following extensive auger and air core drilling campaigns at Ferké and Odienné. Assay results are eagerly awaited as the company targets extensions of high-grade gold mineralisation.

Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.

Nex Metals Explorations has repriced and partially completed its capital raise, securing $1.06 million at a reduced share price to fund development and exploration activities.

Vonex Limited has vested performance rights for its CEO and directors following MaxoTel’s acquisition of majority control, with shares set to be sold on-market. The company reports a mixed 1H FY25 financial performance and is exploring options to repay a $23 million debt facility, including a potential capital raise.

Orbminco Limited's maiden drilling program at the Bronze Fox Copper-Gold Project in Southern Mongolia reveals significant copper and gold intersections, confirming expansion and higher-grade potential within the West Kasulu resource.

Orbminco's maiden drilling at the Bronze Fox Project in Southern Mongolia reveals significant copper and gold intersections, confirming the potential for resource expansion and higher grades at the West Kasulu deposit.

Centrex Limited has initiated a $10.4 million entitlement offer to fund essential plant upgrades and strengthen working capital, following a strategic logistics debt restructuring. The raise is pivotal for advancing the Ardmore phosphate project and maintaining financial viability.

Basin Energy advances its Scandinavian uranium exploration with new land applications and awaits key sampling results, buoyed by Sweden's move to lift its uranium mining ban.

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.

DomaCom Limited has announced a $1.5 million placement to Lumiere Lifestyle Group, alongside the launch of three innovative funds targeting care and disability accommodation sectors, reinforcing its growth strategy and financial position.

Eumundi Group has issued a second supplementary target's statement endorsing SEQ Hospitality Group's takeover offer, maintaining the recommendation to accept in the absence of a superior proposal and reaffirming the offer's fairness.