Some good movement for commodities last night with Gold, Copper & Silver all up, boding well for our SBR and GED positions…
Allocations for GED with the 1:1 GEDOs will be sent out today…
Just a quick reminder for those who want to join us THU for Peak Xmas drinks at Middle Park Bowls, let us know – it would be great to see you!
In other news…
For those of you interest in the psychedelic assisted therapy space.
Australia is embarking on one of the world’s largest studies into the use of psychedelic drugs for mental health….
With Melbourne researchers preparing to launch a world-first clinical trial investigating whether psilocybin, the active ingredient in "magic mushrooms" – can help treat people suffering severe persistent anxiety.
Read the full article here.
A big thank you to Jeff for the smoker! See Pic below.
Wow…
Last night, stocks rose toward a record as prospects for stimulus talks tempered concern about tougher restrictions amid a coronavirus resurgence.
The S&P 500 topped 3,700 for the first time and was on track for its highest-ever close as Senate Majority Leader Mitch McConnell said Congress needs to pass a relief bill that Republicans and Democrats agree on and should “set aside” some issues — a strategic retreat that could help reach deal.
The Nasdaq 100 advanced for a 10th straight day, the longest rally in about a year. Pfizer Inc. jumped as U.S. regulators gave early indications they may grant emergency-use authorization to its vaccine.
Tesla Inc. erased losses that were driven by plans to raise as much as $5 billion.
Source: Bloomberg
Australian uranium explorer Marenica Energy (ASX:MEY) has raised $5.4 million as it looks to advance its activities in Namibia and Australia.
The company successfully raised $2.8 million through a share purchase plan in November and then raised $2.6 million in a top-up placement to institutional and sophisticated investors.
All new shares were offered at 8.8 cents, and the capital raised sets the business up to conduct further exploration activity at its Hirabeb tenement in Namibia.
The company’s share price jumped up nearly 20 per cent on Monday as the US moved closer to creating a national strategic uranium reserve.
In July, horizontal loop electromagnetic surveys of the site discovered mineralisation along a 30km stretch of prehistoric river bed, which the company says could indicate the largest uranium discovery in Namibia since Husab was identified in 2008.
Marenica managing director Murray Hill said the business’ executives “appreciate the support” of all those who invested.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.043 -2.27%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.12 -10.71%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.028 -3.51%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.076 -2.56%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.071 +1.43%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.048 -4.00%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.082 +5.13%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.025 Unchanged
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.84 +3.27%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.034 +3.03%
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.009 -10.00%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.12 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.16 Unchanged
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted therapy
Year: 2020
Deal Type: Placement
Raise Amount: $2.5m
Price Change: CAD $0.095 -9.52%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.034 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
