Latin Resources Limited’s Post

🚨 Calima Energy to Delist from ASX 🚨 Calima Energy Limited (ASX: CE1) is set to delist from the ASX on 25 November 2024. This decision follows a suspension of trading since July 2024. The reasons for delisting include: 🔒 Lack of Liquidity: Shares have been inactive due to the suspension. 🏞️ Sale of Major Assets: The company sold key assets, reducing operational holdings. 💸 High Listing Costs: Maintaining the ASX listing costs around $200,000 annually. 📉 Shareholder Protection: Rights remain intact; shares can still be sold off-market. A shareholder vote on 14 October 2024 will decide the delisting. Up to 61% of shares are available for buy-back. For more details, please visit: https://lnkd.in/gSjWTKDp #CalimaEnergy #EnergySector #ASXDelisting #Investors #StockMarket #AustralianBusiness #Shareholders #BusinessNews #EnergyNews #Delisting #CorporateNews #Trading #ShareBuyback #InvestmentStrategy #StockMarketUpdate #BusinessStrategy #CorporateActions #EnergyInvestments #MarketNews #FinanceNews #AustralianEnergy

Petro Carbon and Chemicals Ltd. (PCCL) made a strong debut on the National Stock Exchange (NSE) (https://buff.ly/2Ri533y - New Post: Petro Carbon and Chemicals Soars on NSE SME Debut https://buff.ly/4cp7XYC #marketnewsviews #indianstockmarket #investinginindia #nsesme #petrocarbonchemicalsipo #stockmarketdebut

Gold investors take note Private companies hold 27% stake in Lundin Gold Inc. (TSE:LUG), but it's public companies leading the pack with 32% ownership. Diversify your portfolio wisely: https://ibn.fm/VFl0M #GoldInvesting #LundinGold #InvestmentStrategy

Nexxus Petro Industries IPO Review Are you looking to invest in the Nexxus Petro Industries IPO? In this detailed review, we’ll cover key insights about the Nexxus Petro IPO, its potential returns, and whether it’s a good fit for your investment portfolio. Stay informed with the latest SME IPO updates and learn how to make smart investing decisions. #NexxusPetroIPO #NexxusIPOUpdate #SMEIPO #IPOInvesting #IPOUpdate Disclaimer: I am not a SEBI-registered investment advisor. This content is for educational purposes only. Please do your own research and consult with your financial advisor before making any investment decisions.

#ASXNews Latin Resources Limited is pleased to provide an update on its projects including the spinout of its Lachlan Fold Belt (LFB) projects that are now part of a live Initial Public Offer (IPO) for shares in Maverick Minerals Limited (Maverick). The Company remains committed to streamlining its operations through divesting non-core assets allowing management to focus its resources. The board is pleased with the Maverick transaction and is excited for continued exploration work in NSW and their other projects. #Latin shareholders will retain an interest in the LFB projects through Latin’s 16.28% shareholding of Maverick. Furthermore, eligible Latin shareholders are now able to participate in a Priority Offer of up to a total of 12,500,000 shares priced at $0.20 per share, to raise a maximum of $2,500,000. The Priority Offer forms part of the total IPO of 25,000,000 fully paid ordinary shares in the capital of Maverick, with the balance of shares issued under a General Offer, also at an issue price of $0.20 per Share, to raise a total of $5,000,000. The Priority Offer to Latin shareholders closes on 9 February 2024. Full announcement: https://bit.ly/49cvOsx #LRS #LatinResources #Lithium #Nickel #Copper #Gold #ASX

Nexxus Petro Industries IPO 🚀 💫 Nexxus Petro Industries Limited, incorporated in 2021, is an entity in the petrochemical industry, specializing in the trading, manufacturing, and sale of bitumen products. The company's products are widely used in the road construction industry, and they source bitumen from both domestic and international markets. 💫 Nexxus Petro Industries is launching its IPO on September 26, 2024. Investors can purchase shares at an issue price of ₹105 per share. The IPO is valued at ₹19.43 crore. The allotment and listing dates are scheduled for October 1 and October 4, 2024, respectively. For more information read the below document 👇 #IPO #SME #BSE #NexxusPetroIPO #NexxusPetroIndustriesLimited  

Anglo Platinum Accelerated Book Build Announcement 10 Sept 2024 TL;DR: Anglo American announces an accelerated bookbuild for 13 million Amplats shares (around 5% of Amplats), aligning with their strategy to reduce debt, diversify the shareholder base, and focus on core businesses. This move precedes a planned demerger of their 78.56% stake in Amplats, potentially impacting current shareholders. Key insights: 1. Strategic Shift: Anglo American is selling part of its stake to optimise long-term value, reduce debt, and focus on core operations like copper and iron ore. 2. Impact on Shareholders: While it reduces the number of shares for shareholders in the demerger, it stabilises market conditions and broadens investor interest. 3. London Listing Potential: Amplats may list in London, enhancing its global presence. 4. Short-Term Fluctuations: Price volatility may occur during the bookbuild process, but the long-term fundamentals remain strong. As an Amplats shareholder, this development could offer a buying opportunity if you believe in the company's future role in clean energy and emissions reduction. Disclaimer: This post is for informational purposes only and not intended as investment advice.

Shareholders support MRS Oil's delisting from the NGX. Some shareholders of MRS Oil Nigeria Plc have expressed support for the company's proposed delisting from the Nigerian Exchange. Mathew Akinlade, a shareholder and director, highlighted that the move is expected to streamline regulatory costs and facilitate expansion without adverse effects on investors. The Board of Directors has proposed a voluntary delisting, citing considerations such as regulatory obligations, administrative costs, and growth opportunities. While some analysts view the delisting as advantageous for stakeholders due to reduced fees and penalties, concerns have been raised about the potential shrinkage of the market and loss of visibility for the stock. MRS Oil Nigeria's shares closed at N135, showing significant appreciation over the past year. The company, initially listed as Chevron Oil Nigeria in 1978, aims to transition to the NASD OTC Securities Exchange post-delisting to accommodate shareholders' trading needs.

In its first raise since its 2022 IPO, International Graphite Ltd (ASX:IG6) has raised $3 million via a placement of 24 million new shares to sophisticated and professional investors at an issue price of $0.125 per new share with a view to progress feasibility studies for its Springdale Graphite Project in the Albany Frazer Belt of Western Australia.  In conjunction with the placement, the company has launched a share purchase plan offer that gives eligible shareholders the opportunity to apply for up to $30,000 each in shares, to raise a further total of $1 million.  Together, the placement and the SPP Offer,  if fully subscribed, will raise a total of $4 million before costs. The shares offered pursuant to the SPP Offer will be issued at the same price as issued under the placement at $0.125 per share.  The Offer Price of $0.125 per share under the SPP Offer represents a discount of 15.08% to the volume... More at #Proactive #ProactiveInvestors http://ow.ly/VVM5105qBxU

📈 All the M&A and IPO headlines you need to know before you start your day - August 20th, 2024! Sourced from Litquidity’s Exec Sum. #TodayOnWallStreet 👇 🤝 M&A: - Canadian fuel stop retailer Alimentation Couche-Tard proposed a takeover for the Japanese operator of 7-Eleven Seven & i Holdings, which has a ~$38B market cap (FT) - AMD agreed to buy AI infrastructure group ZT Systems in a $4.9B cash-and-stock deal (FT) - Veteran media exec Edgar Bronfman Jr. submitted a $4.3B bid for Paramount Global-owner National Amusements (RT) - PE firm Quantum Capital Group will acquire certain Caerus Oil and Gas LLC assets including debt for ~$1.8B (RT) - Oil producer APA Group is exploring a sale of Permian basin oil and gas drilling assets in a potential ~$1B deal (RT) - KKR acquired six US industrial warehouses for $377M (BW) - Crypto ETF provider Bitwise Asset Management will acquire UK-based digital-assets issuer ETC Group (BBG) 📈 IPOs: - India’s JSW Cement filed for a local IPO worth up to $477M (RT) 👀 What story are you keeping your eyes on the most? Follow Today on Wall Street for DAILY finance news! 🗞 📆  #WallStreet #FinanceNews #BankingNews