It’s been a busy day @PeakHQ as we went live with a heavily oversubscribed placement in ASX:ECS.
With growing revenues, strong pipeline, and a differentiated product, it’s an exciting time for the company.
You can read more about it in the AFR here.
Across Markets…
The S&P/ASX 200 closed slightly higher at 7448.7 despite an early setback from higher than expected inflation.
On Wall Street the S&P 500 closed 0.2% higher, but the Dow Jones flat, and Nasdaq gained only 0.1%. Futures are pointing to slight declines on all three indices tonight.
Brent crude increased 0.5% overnight to $US86.41 a barrel, while US oil gained 1% to $US84.59 a barrel and iron ore gained 2.7% to $US122.30 a tonne.
Inflation numbers have come in largely as expected with the consumer price index (CPI) rising 3% year on year and 0.8% since the June quarter.
Underlying inflation was slightly higher than expected, up 0.7%, which saw the Aussie Dollar jump 0.4% to a one-week high of US75.28c.
Source: SMH
A number of high priority targets for rare earth elements (REE) and rubidium have been identified in recent soil geochemistry results at Impact Minerals’ (ASX: IPT) wholly-owned Arkun nickel-copper and platinum group metal project in the emerging mineral province of southwest Western Australia.
The company said the anomalies occurred in significant areas over many hundreds of metres along individual reconnaissance geochemistry traverses.
Each traverse was long enough to extend well away from the target area into areas of “background” in order to establish the relative anomalism of various metals.
From the soil results, Impact said it was evident that the central part of the Arkun project area stands out as being strongly anomalous in REE, with six of the targets identified as warranting follow up work.
Source: Small Caps
China stocks fell on Wednesday, led by coal firms after Beijing’s latest move to address skyrocketing coal prices, while environmental protection-related shares rose on the country’s plans to hit a carbon emission peak before 2030.
The CSI300 index fell 1.2% to 4,901.93 by the end of the morning session, while the Shanghai Composite Index lost 0.9% to 3,564.71.
The Hang Seng index dropped 1.5% to 25,642.01. The Hong Kong China Enterprises Index lost 1.8% to 9,095.77.
The coal sub-index and the energy sub-index lost 3.5% and 2.4%, respectively.
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: $0.057 +1.79%
Sector: Energy
Deal Type: Placement
Raise Amount: $933K
Latest Entry Price: $0.03 with a 1:1 LIOO
Today’s Price Change: $0.082 +9.33%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.025
Today’s Price Change: $0.03 Unchanged
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.012 with a 1:3 CDTO
Today’s Price Change: $0.018 -5.26%
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M
Latest Entry Price: $0.025 with a 1:2 Listed Option
Today’s Price Change: $0.057 +7.55%
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: $0.03 Unchanged
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7m
Latest Entry Price: $0.20 with a 1:4 loyalty option
Today’s Price Change: $0.215 +7.50%
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: $0.105 +12.90%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5m
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.057 +3.64%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1m+
Latest Entry Price: $0.35
Today’s Price Change: $1.88 -2.33%
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5m
Latest Entry Price: $0.25 with a 1:3 Option
Today’s Price Change: $0.36 -2.70%
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: $0.093 +3.33%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.055 with a 1:2 Option
Today’s Price Change: $0.064 +8.47%
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: $0.032 +10.34%
Company: Impact Minerals Limited (ASX:IPT)
Sector: Mining
Deal Type: Placement
Raise Amount: $4M
Latest Entry Price: $0.0165
Today’s Price Change: $0.014 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: $0.20 +2.56%
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 -10.53%
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 $0.055 Unchanged
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: $0.011 +10.00%
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.017 -5.56%
Sector: Industrials
Deal Type: Placement
Raise Amount: $750k
Latest Entry Price: $0.015
Today’s Price Change: $0.013 -7.14%
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: $0.205 +20.59%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak accepts no responsibility for any views expressed and marketing material contained in this email except where the message specifically states otherwise and the sender is authorised to state them to be the views of Peak. Information provided in this email is general advise only and does take account your objectives, financial situation or needs. Before acting on any advice in this email, Peak recommends that you consider whether it is appropriate for your circumstances. If this email contains reference to any financial products, you should obtain the current Product Disclosure Statement (PDS) or other disclosure documents for the particular products and consider this information before making any decisions regarding the products. The Financial Services Guide (FSG) can be found at www.peakassetmanagement.com.au or by telephoning Peak on 1300 304 460
