Put your feet up, relax and pour yourself a glass of wine because its Friday!
For those of you who took part in todays ASX:BBX placement, allocations will be advised first thing Monday morning.
Enjoy your weekend.
Across Markets…
Petroleum player Bass Oil (ASX: BAS) has confirmed it will spend $1.3 million on the acquisition of a producing and earnings-accretive portfolio of interests in South Australia’s onshore Cooper Basin from Australian listed companies Beach Energy (ASX: BPT) and Cooper Energy (ASX: COE).
A sales and purchase agreement signed in March will allow Bass to acquire tenements including the Worrior and Padulla oil fields (producing approximately 75 barrels of oil per day), the Kiwi gas discovery (with an upside P50 prospective resource of 23.9 billion cubic feet) and multiple prospective appraisal and exploration targets.
The company will pay two cash considerations to Beach and Cooper of $650,000 each for the assets and assume all future restoration liabilities.
On completion of the acquisition, Bass will own interests of between 74% and 100% in eight Cooper Basin tenements.
Source: SmallCaps
Shares in Japan’s Mitsui & Co (8031.T) and Mitsubishi Corp (8058.T) fell about 5% on Friday after Russia moved to create a new firm to take charge of the Sakhalin-2 oil and gas project in the country’s far east.
The new firm will take over all rights and obligations of Sakhalin Energy Investment Co, in which the two Japanese trading companies and Shell Plc (SHEL.L) hold just under a 50% stake, according to a decree signed by Russian President Vladimir Putin on Thursday.
The 5-page decree, which comes amid Western sanctions on Moscow over the invasion of Ukraine, indicates that it is up to the Kremlin to decide whether foreign shareholders are to remain in the consortium.
Mitsui has a 12.5% stake in the project and Mitsubishi 10%, while Shell holds 27.5%, minus one share. Russian gas giant Gazprom (GAZP.MM) has 50%, plus one share.
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: $0.014 -6.67%
Sector: Energy
Deal Type: Placement
Raise Amount: $933K & $5.8M
Latest Entry Price: $0.08 with a 1:2 Listed Option
Today’s Price Change: $0.033 Unchanged
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.017 Unchanged
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.03 with a 1:3 CDTOA
Today’s Price Change: $0.022 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.06 Unchanged
Company: Metgasco Ltd. (ASX:MEL)
Sector: Energy
Deal Type: Underwritten Rights Offer
Raise Amount: $4.58M
Latest Entry Price: $0.025 with 1:3 listed option
Today’s Price Change: $0.023 Unchanged
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.25 +6.38%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.022 +22.22%
Company: iCandy (ASX:ICI)
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: $0.07 Unchanged
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.022 -8.33%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.96 -1.04%
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5.3M & $5M
Latest Entry Price: $0.44 with a 1:4 Option
Today’s Price Change: $0.96 Unchanged
Company: Nanollose Limited (ASX:NC6)
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.069 -2.82%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.035 -16.67%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.0175 Unchanged
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 option
Today’s Price Change: $0.05 Unchanged
Sector: Mining
Deal Type: Underwritten Rights Offer
Raise Amount: $2.98M
Latest Entry Price: $0.24 with a 1:1 BOAOA
Today’s Price Change: $0.12 Unchanged
Company: Vortiv Ltd (ASX:VOR)
Sector: Information Technology
Deal Type: Underwritten Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.03 with a 1:1 Listed Option
Today’s Price Change: $0.020 +11.11%
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 $0.085 Unchanged
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 $0.05 Unchanged
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.008 with a 1:2 MRQOC
Today’s Price Change: $0.006 Unchanged
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.013 Unchanged
Sector: Cannabis and Hemp
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 Listed Option
Today’s Price Change: $0.018 +5.88%
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: $0.12 +4.55%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
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