News Articles for Nimy Resources

A New York-based investor has sued Nimy Resources in the state's Supreme Court but the critical metals explorer says it will defend itself against the allegations.

Bulls N' Bears Big Hits this week examines some recent notable drilling intercepts revealed on the ASX, including Encounter Resources' high-grade niobium hit at its Joyce project in WA's West Arunta region. Other interesting drill hits were reported by Nimy Resources, at its Mons gallium project, and Hyterra Limited landed a helium hit at its Nemaha gas field project in the US state of Kansas.

This week's Bulls N' Bears top ASX runner is … Dalaroo Metals. Its share price rose more than 182 per cent to join fellow movers and shakers Nimy Resources, Adherium and Firebrick Pharma.

Our board moves wrap includes Andrew Hunt, Henko Vos and John Palermo.

Nimy Resources has joined the rush of explorers in listing on the stock exchange, as it advances its Mons nickel project in WA using proceeds from a $6.5 million IPO.

Lykos Metals' shares have risen 60 per cent on the company's first day of trading, while fellow Western Australian explorer Nimy Resources is seeking to list next month.