We’re proud to have co-managed the $12,000,000 institutional placement in Noble Helium (ASX: NHE).
With significant demand, we are looking forward to working with Dennis Donald, Simon Potter, Justyn Wood and the entire team!
Have a great Easter everyone!
Across Markets…
The Australian sharemarket fell into the red after investors were spooked by a fiery speech by US President Donald Trump in which he said the world’s largest economy would send Iran “back to the Stone Ages”.
The S&P/ASX 200 Index had climbed as much as 0.4 per cent in the morning session before turning sharply lower after oil spiked on Trump’s aggressive rhetoric. Just one day earlier, he had raised hopes that the month-long conflict was coming to an end.
The gauge closed down 1.1 per cent, or 92.3 points, to 8579.5, but still finished the week nearly 1 per cent higher. Brent crude spiked 5 per cent to trade around $US107 a barrel.
Traders spooked
“We’re going to hit [Iran] extremely hard,” the US president said in a speech that investors had hoped would signal the end of the war. “Over the next two to three weeks, we’re going to bring them back to the Stone Ages.”
Gold miners got whacked after the price of bullion fell as much as 2 per cent as traders digested Trump’s speech, having jumped early in the session on hopes the president would take a softer stance. Greatland Resources, which had leapt more than 5 per cent, closed down 1.4 per cent to $12.85.
The technology sector, which had been largely flat before the president’s speech, sank 3 per cent in the aftermath, weighed down by Zip, which plunged 8.2 per cent to $1.58. Life360 dropped 5.9 per cent to $18.70, while WiseTech Global came off 4.3 per cent to $37.90, NextDC 3.8 per cent to $11.30, and Block 4.1 per cent to $84.50.
And while the energy sector fell more than 3.3 per cent in the morning, it finished the day down 0.4 per cent as Santos gained 1.4 per cent to $8.08. The biggest turnaround story was oil and gas exploration and production company Karoon Energy, which had been trading down 4 per cent in the morning, but closed up 6.5 per cent to $2.12.
Source: AFR
Terra Metals Intercepts Massive Sulphides at Southwest SW6 Target
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Visual massive sulphide intercepts at SW6 reinforce PGM sulfide potential.
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Broader Dante Project shows expanding scale and positive metallurgy.
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Assay results and resource definition remain critical catalysts.
Terra Metals (ASX: TM1) has visually confirmed multiple zones of massive sulphides in its latest diamond hole (SWDD011) at the Southwest SW6 target, reinforcing the potential for a high-grade PGM-sulphide discovery within the Dante Project.
This intercept is located proximal to a modelled DHEM conductor and is near previous high-grade mineralisation reported in drill hole SWDD006.
Earlier results from SWDD006 included 31.1g/t PGE3, 1.31% Ni, and 0.55% Cu from 226m within a 200m mineralised zone.
The new semi-massive to massive sulphide layers in SWDD011 are hosted within a 320m zone dominated by disseminated to net-textured sulfides.
Assays for SWDD011 are pending and are expected within 8-12 weeks.
Following drilling, DHEM will be completed on SWDD011 and other Southwest drillholes to guide further targeting.
Dante Project Expansion Continues
Previous drilling updates in March 2026 outlined the Southwest sulphide footprint, defining it at 650m width, 850m strike, and 348m depth, with mineralisation remaining open.
Re-assays confirmed the presence of elevated iridium-group PGM metals, specifically rhodium, iridium, ruthenium, and osmium, supporting a primary magmatic feeder/conduit model.
Beyond Southwest, ongoing drilling continues to define thick, laterally extensive Ti-V-Cu-PGM mineralisation at the Dante Reefs (Crius and Hyperion).
Reconnaissance drilling at Legacy and Reef 5 also indicates additional higher-level oxide reefs, suggesting further resource expansion upside within the broader Dante Project.
Capital Raising Fuels Drilling
In February 2026, Terra Metals successfully completed an A$85 million institutional placement.
The placement was conducted at A$0.37 per share, securing commitments from new and existing institutional and sophisticated investors.
This included cornerstone participation from Washington H. Soul Pattinson and Company (Soul Patts).
These funds are specifically earmarked to accelerate extensional and infill drilling at the Southwest prospect, advance resource definition, and conduct economic studies.
The capital injection will also support drill testing of broader exploration targets across the extensive Dante corridor.
To read more, click here
Source: SmallCaps
Company: Fin Resources Ltd (ASX:FIN)
Sector: Gold/Mining
Deal Type: Placement
Latest Entry Price: $0.0065
Performance Since Entry: +69%
Company: Eden Innovations Ltd (ASX:EDE)
Sector: Construction/Clean Energy
Deal Type: Shortfall
Latest Entry Price: $0.035 with 1:2 option, strike $0.07
Price Performance Since Entry: +214%
Company: Tasman Resources Ltd (ASX:TAS)
Sector: Gold/Silver/Mining
Deal Type: Placement
Latest Entry Price: $0.0125 with 1:2 option, strike $0.02
Price Performance Since Entry: +228%
Company: Locksley Resources Ltd (ASX:LKY)
Sector: REE & Antimony/Mining
Deal Type: Placement
Latest Entry Price: $0.04
Price Performance Since Entry: +313%
Company: CuFe Ltd (ASX:CUF)
Sector: Copper/Mining
Deal Type: Placement
Latest Entry Price: $0.016 with 1:2 option, strike $0.025
Price Performance Since Entry: +144%
Company: Tambourah Metals Ltd (ASX:TMB)
Sector: Gold/Mining
Deal Type: Placement
Latest Entry Price: $0.04
Price Performance Since Entry: +25%
Company: Biotron Ltd (ASX:BIT)
Sector: Biotech
Deal Type: Placement
Latest Entry Price: $0.003 with 1:2 option, strike $0.02
Price Performance Since Entry: -33%
Company: Eclipse Metals Ltd (ASX:EPM)
Sector: REE
Deal Type: Placement
Latest Entry Price: $0.015
Price Performance Since Entry: +20%
Company: Neuren Pharmaceuticals Ltd (ASX:NEU)
Sector: Biotech
Deal Type: On-market purchase
Latest Entry Price: $1.20 – $1.50
Price Performance Since Entry: +1,083%
Company: Dimerix Ltd (ASX:DXB)
Sector: Biotech
Deal Type: Rights Issue
Raise Amount: $800,000
Latest Entry Price: $0.08 with 1:1 option, strike $0.126
Price Performance Since Entry: +300%
Sector: Blockchain
Deal Type: Placement
Raise Amount: $1M
Latest Entry Price: $0.02 with 1:1 option $0.08 strike
Price Performance Since Entry: -15%
Company: Critica Limited (ASX:CRI)
Sector: REE
Deal Type: Placement
Raise Amount: $1M
Latest Entry Price: $0.0075 with a 1:1 CRIO
Price Performance Since Entry: +207%
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.09 with 1:2 PL3O
Price Performance Since Entry: +94%
Sector: Gold/Mining
Deal Type: Placement
Raise Amount: $2.3M
Latest Entry Price: $0.026 with 1:2 option $0.032 strike
Price Performance Since Entry: +58%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
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