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Chimeric Therapeutics (ASX: CHM) raises AU$4.5 M through rights issue
December 07, 2023 03:32 PM AEDT| By Sonal GoyalHighlights,Chimeric has raised nearly AU$4.5 million through an entitlement offer,Under the offer, the company has issued over 159 million shares at AU$0.028 apiece issue price.,The new shares will be allotted today and are expected to start trading...
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Lendlease Group (ASX: LLC) expects to achieve ROE of 8% in FY24
December 07, 2023 11:42 AM AEDT| By Team Kalkine MediaHighlights,Lendlease Group is an international property and investment company,In FY23, the company recorded 9% YoY increase in funds under management to AUD 48.3 billion,Aware Super has the maximum stake in LLC with a shareholding of around 9.58%,Le...
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Has the RBA Concluded Interest Rate Hikes?
December 06, 2023 11:13 PM AEDT| By Team Kalkine MediaThe Reserve Bank of Australia (RBA) announced on Tuesday that it would leave interest rates unchanged at 4.35%, marking the final meeting of 2023. The decision to maintain the current interest rate level was in line with expectations, offering a resp...
CSL (ASX: CSL) intends to unlock value and growth in Vifor, Behring business
December 06, 2023 10:17 PM AEDT| By Team Kalkine MediaHighlights,CSL is a biotechnology firm which develops and distributes biopharmaceutical products and vaccines,In FY23, the company recorded 26% YoY rise in revenue to USD 13,310 million,Today, CSL shares closed 1.65% up at AUD 267.47 apiece,CSL Limit...
88 Energy (ASX: 88E) receives US$2M from Project Phoenix JV partner
December 06, 2023 03:38 PM AEDT| By Sonal GoyalHighlights,Burgundy has paid US$2.0 million to 88E to partially settle outstanding cash calls.,A standstill agreement provides additional time to Burgundy to cure and pay the remaining amount of US$1.745 million by 31 January 2024.,Fully funded 88E r...
Imugene (ASX: IMU) announces Phase 2 trial and European patent update for PD1-Vaxx cancer vaccine
December 06, 2023 01:15 PM AEDT| By Sonal GoyalHighlights,Imugene’s PD1-Vaxx is expected to be granted European patent soon.,PD1-Vaxx Phase 2 colorectal cancer clinical trial is due to commence in the UK and Australia, in 2024.,The trial is planned at the University of Southampton.,Imugene Limite...
Carbonxt Group (ASX: CG1) raises AU$0.6M from share placement
December 06, 2023 12:53 PM AEDT| By Sonal GoyalHighlights,In a well-supported placement, the company has raised AU$0.6 million.,To raise additional AU$0.5 million, the company would issue further 8.33 million shares under placement.,Funds raised would be directed towards accelerating developments...
Base Resources (ASX: BSE) expects Rutile demand to drive revenue growth in FY24
December 05, 2023 04:28 PM AEDT| By Team Kalkine MediaHighlights,Base Resources is an Australia based mineral sands producer and developer,In FY23, the company recorded a 2.76% YoY fall in the revenue to USD 271.40 million,Pacific Road Capital Management has the highest stake in BSE with a shareholding...
Lithium Universe (ASX: LU7) opens new Montreal office to support Québec operations
December 05, 2023 04:11 PM AEDT| By Sonal GoyalHighlights,A subsidiary company of LU7, Lithium Universe Holdings Ltd has opened a new office in Montreal, Canada.,With this development, the company has ensured its presence in the emerging lithium district.,Decision to open the Montreal office foll...
Surefire Resources (ASX: SRN) Victory Bore PFS delivers ‘outstanding’ project economics
December 05, 2023 04:06 PM AEDT| By Sonal GoyalHighlights,Victory Bore PFS has been finalised on time and budget with outstanding financial outcomes.,The study suggests a pre-tax net present value (NPV,10%,) of AU$1.708 billion, with an internal rate of return of 42.22% and a life of mine (LoM) o...
Raiden Resources (ASX: RDN, DAX: YM4) defines multiple lithium soil anomalies at Mt Sholl
December 05, 2023 12:33 PM AEDT| By Sonal GoyalHighlights,Soil sampling campaign at Mt Sholl has defined multiple clear lithium in soil trends.,A lithium in soil trend with 3.5km strike length and 138.5ppm lithium defined in the northern-central part of the tenement.,In the south-eastern part of...
How is work progressing on Invictus Energy’s (ASX: IVZ) Mukuyu-2 sidetrack?
December 04, 2023 04:40 PM AEDT| By ManishaHighlights,IVZ is progressing the drill campaign at Mukuyu-2 sidetrack.,The well has reached 2,987mMD towards the base of the Upper Angwa formation.,Fluorescence and strong gas shows have been identified at numerous zones in the Upper Angwa.,Invictus...
Arcadia Minerals (ASX: AM7, FRA: 80H) wraps up phase III of infill auger drilling at Eden Pan and commences Meerkat drilling at Bitterwasser Lithium Project
December 04, 2023 02:11 PM AEDT| By ManishaHighlights,Infill drilling completed at the Bitterwasser Lithium Clays Project over the Eden Pan.,Under the third phase of auger drilling, 26 infill holes have been drilled over a 250m grid spacing for 213m of core.,A 140kg composite sample has been...
Carbonxt Group (ASX: CG1) launches AU$2.94M capital raise to fund Kentucky Facility
December 04, 2023 01:40 PM AEDT| By Sonal GoyalHighlights,Carbonxt has announced a capital raise of AU$2.94 million through a placement and an entitlement offer.,Through the non-renounceable pro-rata entitlement offer, CG1 seeks to raise AU$1.84 million.,Funds raised will be directed towards deve...
Revolver Resources (ASX: RRR) unlocking copper potential across Dianne Project
December 04, 2023 11:35 AM AEDT| By Sonal GoyalHighlights,In September quarter, RRR completed diamond drilling at Dianne project, focusing on three Heli-EM targets in the Larramore Volcanic Belt.,Helicopter gravity gradiometer survey completed over the Larramore trend.,The company concluded earn-...
What to know about Mount Burgess’ (ASX: MTB) plan for Nxuu polymetallic deposit
December 04, 2023 11:15 AM AEDT| By Sonal GoyalHighlights,MTB is committed to developing the Kihabe and Nxuu zinc/lead/silver/germanium/gallium/vanadium deposits in Botswana.,To date, 70 holes have been drilled at the Nxuu deposit.,Estimated mineral resource of Nxuu deposit is 6 million tonnes.,T...
Jindalee Lithium (ASX: JLL): The new name and ASX code for Jindalee Resources (ASX: JRL)
December 01, 2023 05:58 PM AEDT| By Sonal GoyalHighlights,Jindalee Resources has officially changed its name to Jindalee Lithium Limited.,New ticker code for JRL is ‘JLL’, and the company has started trading under the new ASX ticker.,The new name reflects the company’s focus on lithium developmen...
Rig 202 to remain at Invictus Energy’s (ASX: IVZ) Cabora Bassa acreage for 2 more years
December 01, 2023 04:03 PM AEDT| By ManishaHighlights,IVZ has extended Exalo Rig 202 stacking period for up to 2 years at the Cabora Bassa Basin.,Exalo will undertake maintenance on the rig to prep up for future drilling and testing activity.,Independent upstream oil & gas company,Invictus En...
Seven West (ASX: SWM) aims to reduce costs by leveraging technology
December 01, 2023 01:44 PM AEDT| By Team Kalkine MediaHighlights,Seven west Media is an ASX-listed media group which operates multiple brands,In 1QFY24, the company recorded an increase its TV share to 42.2%, compared to 38.5% in FY23,Seven Group Holdings Limited has nearly 39.83% shareholding in the co...
First Au (ASX: FAU) completes AU$300k private placement to assess new opportunities
December 01, 2023 12:46 PM AEDT| By Sonal GoyalHighlights,FAU has raised AU$300,000 through a private placement.,Under the placement, 200 million shares are planned to be issued at 0.15 cents per share.,Funds would be directed towards general working capital and evaluating new project opportuniti...
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