SPC Global (ASX:SPC) launches a fully underwritten A$100m equity raise at a 71% discount to slash net leverage from 3.9x to 1.1x.
Small Caps Stocks
Novo Resources (ASX:NVO) posted a narrower Q1 loss of C$685k, but the SCM dividend and a looming C$9m IMC payment tell the real story.
Anson Resources (ASX:ASN) and POSCO Holdings approve binding terms for a A$7.2m DLE demonstration plant at Green River Lithium Project in Utah.
Tungsten Mining NL (ASX:TGN) is named as the geological benchmark in Stelar Metals’ new Hill of Leaders tungsten acquisition in the Northern Territory.
5E Advanced Materials (ASX:5EA) has signed its first 10-year boric acid offtake heads of agreement, a key step toward Fort Cady project bankability.
Genmin (ASX:GEN) has received four unsolicited funding proposals for its US$200m Baniaka iron ore project in Gabon, shifting the risk to deal structure.
Arafura Rare Earths (ASX:ARU) signs a binding 500tpa NdPr offtake term sheet with Traxys North America, tied to US supply chains and conditional on FID.
1414 Degrees (ASX:14D) has launched a dedicated Aerospace & Defence division to commercialise its SiNTL battery anode technology into the global drone market.
BPH Global (ASX:BP8) has signed a Singapore Polytechnic FIRC agreement to develop powdered seaweed kefir, signalling a pivot to a functional ingredients model.
EV Resources (ASX:EVR) maiden drilling at Los Lirios in Mexico has confirmed a shallow, laterally extensive antimony CRD system, with grades up to 2.10%.
