ASX minnow Bryah Resources has called for Takeovers Panel intervention, claiming a group of allegedly associated shareholders is attempting to topple its board.
This week's Bulls N' Bears Runner of the Week is… Eclipse Metals. Its share price surged after unveiling a beefed-up rare earths resource in Greenland. Bryah Resources share price ran on a major shareholder's plans for a boardroom revolt, Bastion Minerals is readying up for a JORC-compliant resource reveal and Codeifai Limited received a $570,000 kick into its kitty to help drive growth of its SaaS technology revenue.
Australian Vanadium and the federal government have struck a deal for up to $49 million of funding to progress the vanadium battery industry project in the state's Mid West.
Our board moves wrap includes Neville Bassett, Neil Marston, Michele Anderson, Karen Smith, Debra Singh, Toni Thornton, David Foster, Mark Johnson, Gerard McMahon, Neale Edwards, and Matt Briggs.
Bryah Resources is acquiring the Lake Johnston lithium-nickel project near Kalgoorlie in a self-proclaimed pivot to becoming an energy metals-focused company.
Bryah Resources will hold on to its 70 per cent stake in a Mid West manganese project, after joint buyers Primero Group and investment firm AMCI withdrew their $5 million offer.
OM Holdings has raised its stake in a manganese project, two days after joint venture partner Bryah Resources received a $5 million cash offer for its interest in the asset.
Explorers Kin Mining, Mindax and Bryah Resources have each launched capital raisings today, with the majority of the proceeds to advance drill programs in Western Australia, while Chile-focused Tesoro Resources is seeking funds to advance its El Zorro gold project.
Shares in Bryah Resources were trading as much as 50 per cent higher today after the Perth-based explorer reported recent drill results at its manganese project in Western Australia.
The share prices of Orinoco Gold and Doray Minerals have risen today after the companies announced positive drilling results at their respective projects.
A new Perth-based gold and copper-focused exploration company has announced plans to raise up to $6 million by way of an initial public offering and list on the ASX.
