Happy Friday!
A great article on 10 ASX hydrogen plays for 2023.
Peak’s portfolio company featured:
RENU ENERGY (ASX:RNE)
Market cap: $27.72m
“Reaching final investment decision in 2023 with two renewable hydrogen projects RNE’s Countrywide Hydrogen has in Tasmania will herald a new era in green energy production and emissions reduction,” CEO Greg Watson says.
“This is the focus for ReNu in 2023.
“The projects near Launceston and Hobart will present firsts for Australia in terms of scale and offtakes with the opportunity to inject greater volumes of hydrogen into the natural gas networks as well as supplying customers whose goal is to operate their manufacturing on 100% green hydrogen.
“At the same time, the state’s logistics companies and their customers will have a zero-emission distribution option to achieve their stated emissions reduction targets.”
Across markets…
Australian shares were poised to open higher, bolstered by a surge in America’s largest tech companies and bets that global rates are nearing their peak. The NYSE Fang + Index was set to close up 6 per cent.
Earnings pending after the closing bell from Apple, Alphabet and Amazon. Atlassian reported after the closing bell, saying second quarter revenue rose 27 per cent and that it plans to buy $US1 billion of its own stock.
The rally was sparked by Facebook parent Meta Platforms, which was 23 per cent higher at 4pm after the company pivoted to cost-cutting mode and said it plans to buy $US40 billion worth of its own shares.
ASX futures were up 17 points or 0.23 per cent to 7464 near 8am AEDT, paring earlier gains of more than 30 points.
Source: AFR
Aura has hit a major milestone with the Mauritanian Government signing mining conventions granting its Tiris uranium project 30 years of tenure security and fiscal certainty.
The mining conventions define the legal and economic conditions that allow mining activities to occur over a period of 30 years, which provides the company with the tax, royalty and customs stability to support financing for the project’s development.
Aura Energy (ASX:AEE) has also signed a Shareholder’s Agreement with Mauritanian state-owned Agence Nationale de Recherches Géologiques et du Patrimoine Minier (ANARPAM) which creates a long-term partnership covering the development and operation of Tiris.
The company is targeting first production from Tiris in 2024/2025 with the first stage to recover about 20% of the current contained resource of 56Mlbs of uranium.
Source: Stockhead
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.35 Unchanged
Company: Lion Energy Ltd. (ASX:LIO)
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: $0.036 -5.26%
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: $0.012 -7.69%
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: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.016 -5.88%
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: $0.072 -1.37%
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: $0.021 +5.00%
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: $0.60 +0.84%
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 +4.76%
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: $0.056 +1.82%
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.020 -4.76%
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.04 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.48 +2.77%
Company: Beam Communications (ASX:BCC)
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: $0.26 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: $0.060 -7.69%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.063 +6.78%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.005 with a 1:1 Listed Option
Today’s Price Change: $0.007 +16.67%
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 MLSOD
Today’s Price Change: $0.054 +1.89%
Company: Boadicea Resources Ltd (ASX:BOA)
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: $0.10 Unchanged
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 BBXOA
Today’s Price Change: $0.14 Unchanged
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.013 -7.14%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.028 +7.69%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
