Rise and shine!
New Rare-Earths Peak Deal this morning in the Gascoyne region WA – with listed options!
Over 1,000 samples in the lab awaiting results.
If you are a Peak s708 investor, keep an eye for the term sheet this morning.
Across markets…
Australian shares are set to open lower. US stocks drifted lower after Apple pared an advanced to a record high. Bitcoin dropped.
ASX futures were down 41 points or 0.57% to 7188 near 7am AEST.
- On Wall St: Dow -0.6% S&P -0.2% Nasdaq -0.1%
- In New York: BHP -1.5% Rio -0.4% Atlassian -0.3%
- Tesla +1.7% Apple -0.8% Amazon +0.9%
Shares in Apple earlier leapt 2 per cent to a record high of $US184.95 before it unveiled a raft of new products including a virtual reality headset, the company’s first major new product since it launched its watch nine years ago. John Davidson is covering the event for the AFR.
The local currency edged higher; the Bloomberg dollar spot index edged modestly lower.
On bitstamp.net, bitcoin was 6.1 per cent lower to $US25,593 at 7.15am AEST. The drop came after the US Securities and Exchange Commission filed a lawsuit against Binance Holdings and its chief executive officer.
The yield on the US 10-year note edged down 1 basis point to 3.68 per cent at 4.59pm in New York.
On Wall Street, industrials and financials led seven of the S&P 500’s 11 industry sectors lower. Communication services paced the advancers.
Source: AFR
Materials used in the manufacturing of lithium-ion batteries that are found in electric vehicles or energy storage solutions are hot property on the ASX.
Lithium, nickel, cobalt and even manganese are all sought-after commodities and companies exploring for or producing them have drawn more than their fair share of attention.
But there’s one material, which despite seeing increased used in batteries (and in substantial quantities), is still relatively unknown.
High purity alumina – a very high purity (+99.99%) type of aluminium oxide that is often produced from kaolin feedstock – is a high value critical mineral that is hardly unknown in the industrial sector given its use in creating synthetic sapphire crystals used in LED lights, semiconductors, watch faces and smartphones.
However, it is also seeing greater use to coat the separators that keep the cathodes and anodes in lithium-ion batteries apart, which has been found to significantly improve safety by providing greater thermal stability and reducing the risk of batteries catching fire, as well as significantly improving impedance that allows for high power capability.
It also improves battery life and lowers self-discharge.
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: $0.195 -11.36%
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.17 -5.56%
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.032 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: $0.009 Unchanged
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.02 with a 2:3 CDTOA
Today’s Price Change: $0.015 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: $0.013 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: $0.060 -1.64%
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: $0.295 +5.36%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.005
Today’s Price Change: $0.004 Unchanged
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: $0.046 Unchanged
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: $0.015 Unchanged
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: $0.03 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.83 -1.78%
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: $0.043 Unchanged
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 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 MLSOD
Today’s Price Change: $0.036 -5.26%
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: $0.06 +10.91%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.005 +25%
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: $0.02 -4.76%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
