Things are really starting to heat up with the US election result around the corner.
The race is getting closer and closer!
Today, Peak's portfolio company ASX:SBR announced that an Aircore drilling program is scheduled to commence at the Bonanza Project in mid-November.
The Company has been awaiting approval to drill and this has now been obtained.
The stock rocketed up 42.86% and finished today's trading at $0.010.
In other news…
D.C. voted to decriminalize certain psychedelics, and Oregon voted to legalize psilocybin mushrooms for therapy, making them available to adults under medical supervision.
This bodes well for Peak's portfolio company GSTR.
Across Markets…
This Afternoon, the Australian market ended on a softer note as the US election headed to the wire. The ASX ended down 0.1 per cent, or 4 points, at 6062.10.
Tech stocks got a lift from a rally in Nasdaq futures as investors welcomed the idea that the election may not result in a clean sweep for the Democrats.
Xero rose 3.4 per cent, Afterpay lifted 1.6 per cent and Appen jumped 4.3 per cent. Nanosonics rallied 12.5 per cent after telling shareholders that sales had rebounded strongly.
But banks were under pressure a day after the Reserve Bank of Australia unveiled a suite of policy measures to lower interest rates and bolster the economy.
Commonwealth Bank, down 2 per cent, and Westpac, also down 2 per cent, said they would pas on the RBA rate cuts to customers.
Source: AFR
Gold explorer Tesoro Resources (ASX: TSO) has confirmed that assays received for four drill holes at the high-grade Ternera prospect within its El Zorro gold project in Chile have further extended the mineralised zone.
The first two holes were designed as step-outs to test mineralisation from drill holes in August which assayed 231m at 0.83 grams per tonne gold including 25m at 3.36g/t and demonstrated the zone’s continuity of grade and width.
The step-outs also tested the northern part of the Ternera GAIP (gradient array induced polarisation) chargeability anomaly identified during geophysical surveying in August, extending the mineralised zone by approximately 140m.
Source: Small Caps
Across Asia, China’s blue-chip CSI300 index rose on Wednesday, boosted by banking shares, as investors appeared to take in stride the suspension of Ant Group’s closely watched mega-listing, with a strong services activity survey aiding sentiment.
The U.S. presidential election was also on investors’ radar as early results indicated a nail-biting finish to the race.
The CSI300 index rose 0.5% to 4,802.10. The Shanghai Composite Index was unchanged at 3,272.06.
China on Tuesday suspended Ant Group’s $37 billion listing, thwarting the world’s biggest stock market debut, with analysts saying the move could bode well for Chinese banks as it could mean decreased competition from the tech giant.
The CSI300 banks index rose 1.5%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 +7.14%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.14 -10.00%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.089 -3.26%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.17 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.057 Unchanged
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.061 +3.39%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.017 -5.56%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.76 +0.36%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.045 +4.65%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.0070 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.0050 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted Therapy
Year: 2020
Deal Type: Pre IPO
Raise Amount: $1.5m
Price Change: CAD $0.045 Unchanged
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $333k
Sector: Gaming & Digital Advertising
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Price Change: $0.010 +42.86%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.013 Unchanged
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