Hope you had a relaxing Easter break.
Aussies and Kiwis will be able to travel across the ditch quarantine-free April 19 onwards as the Trans-Tasman bubble comes into effect.
2021 could be a defining year for cannabis legalisation in the US with key reform bills being introduced in the coming months.
This certainly bodes well for our portfolio companies ASX:AVE, ASX:RGI, CSE:SE that are well positioned to capitalise on the tailwinds.
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Across Markets…
Diversified explorer Golden Deeps (ASX: GED) has extended its imminent planned drilling program at the old Khusib Springs copper mine in Namibia to include the historic Nosib Block copper-vanadium mine.
Copper was discovered at Nosib Block in 1917 and mined through to 1920, with the No 2 shaft being worked at three levels and reaching a depth of 120m.
The company describes Nosib Block, 16km west of Khusib Springs, as a “high-grade copper-vanadium mine”.
Golden Deeps says its geologists assessed all three of the old levels and concluded that high-grade copper-silver-vanadium-lead mineralisation dips moderately to the north.
“The mineralisation shows good continuity and remains in situ,” the company said.
Source: Small Caps
China stocks retreated on Tuesday, pressured by healthcare and consumer companies, as solid economic data raised worries of policy tightening.
The CSI300 index fell 0.7% to 5,128.01 points at the end of the morning session, while the Shanghai Composite Index dipped 0.3% to 3,473.32.
As of last close, the CSI300 had rebounded nearly 6% from a recent trough hit on March 25, while SSEC had gained more than 4% in the same period.
Falling the most on Tuesday, the CSI300 healthcare index and CSI300 consumer discretionary index dropped 1.8% and 1.9%, respectively.
Recent economic data has been robust, but analysts warn that it could lead to concerns of inflation and policy tightening.
Source: Reuters
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2m
Latest Entry Price: $0.006 with a 1:4 DW8O
Today's Price Change: $0.175 +6.06%
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25m
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today's Price Change: $0.105 Unchanged
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5m
Latest Entry Price: $0.015 with a 1:2 option
Today's Price Change: $0.10 Unchanged
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1m+
Latest Entry Price: $0.35
Today's Price Change: $2.60 -1.52%
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5m
Latest Entry Price: $0.25 with a 1:3 Option
Today's Price Change: $0.275 Unchanged
Sector: Vertical Farming
Deal Type: Placement
Raise Amount: $1.53m
Latest Entry Price: $0.05 with a 2:3 Option
Today's Price Change: $0.05 -7.41%
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Latest Entry Price: $0.08 with a 1:1 CLBO
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5m
Latest Entry Price: $0.20
Today's Price Change: CAD $0.26 -5.45%
Sector: Psychedelic assisted Therapy
Deal Type: Pre IPO
Raise Amount: $1.5m
Latest Entry Price: $0.08 with a 1:2 Option
Today's Price Change: CAD $0.16 -2.94%
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Latest Entry Price: $0.013 with a 1:1 MRQOC
Today's Price Change: $0.01 +5.26%
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today's Price Change: $0.022 Unchanged
Sector: Industrials
Deal Type: Placement
Raise Amount: $750k
Latest Entry Price: $0.015
Today's Price Change: $0.022 -4.35%
Company: 8Common Ltd (ASX:8CO)
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800k
Latest Entry Price: $0.03 with a 1:1 Option
Today's Price Change: $0.22 -4.35%
Sector: Mining (Gold)
Deal Type: Placement
Raise Amount: $982k
Latest Entry Price: $0.0115 with a 1:1 SBRO
Today's Price Change: $0.006 +20.00%
Sector: Mining (Gold/Silver)
Deal Type: Placement
Raise Amount: $2.3m
Latest Entry Price: $0.014 with a 1:1 GEDO
Today's Price Change: $0.012 +9.09%
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