Congratulations to Charlie McGill and the team at ElectraLith who today announced their successful $27.5m Series A capital raise! 🎉
We're thrilled to be a part of ElectraLith's journey and look forward to sharing how they have developed the next generation of lithium extraction in our upcoming Radium Capital x ElectraLith case study!
Read more here ➡️ https://lnkd.in/gii_K3BN
Esper Secures $1 Million at Croc Pitch 2024 with Hyperspectral Satellite Technology!
Esper Satellite Imagery took the top spot at Croc Pitch 2024, winning $1 million in venture capital from the PASPALIS Innovation Investment Fund (PIIF)(*subject to due diligence) for its cutting-edge satellite technology designed to advance sustainable mining and energy.
Hosted by the Darwin Innovation Hub, Croc Pitch has become Northern Australia's premier start-up competition, spotlighting innovations that support Australia’s North.
Leveraging the NT Geological Survey’s Resourcing the Territory program, Esper’s solutions align with the NT’s 2040 mining and 2030 Gas Plan goals, driving responsible resource management and new mineral discoveries.
Recognised in the Forbes 30 Under 30 Asia and Australian lists, CEO and Founder Shoaib Iqbal is committed to making Esper a catalyst for both economic and environmental progress in Northern Australia.
Read more here: https://buff.ly/48oiBO8#Sponsored#Sustainability#MiningInnovation#EarthObservation#NorthernTerritory#CrocPitch2024#VentureCapital#PaspalisInnovationInvestmentFund#StartNT#DarwinInnovationHub#InnovationInMining#HyperspectralImaging
Oil majors have to manage sections of their shareholder roster that would balk at any deal that increases upstream production. Smaller exploration and production companies also are in the mood to sell, rather than buy. Witness, for instance, Energean itself. It has chosen to unlock value for non-core assets, which it in turn picked up cheaply. Instead it will focus on its big Israeli project, return $200mn to shareholders, and amass some firepower for its next big venture.
Gordon Stein, CFO of CleanTech Lithium (AIM: CTL) explains to investors why now was the right time to acquire the final 23 Laguna Verde licences under an SPA.
CleanTech Lithium (AIM:CTL, OTCQB:CTLHF), the Chile-focused Direct Lithium Extraction (DLE) explorer and developer, completes the acquisition of 23 Laguna Verde licences, which it previously held options over.
Laguna Verde is Cleantech’s flagship DLE lithium project in the Chilean Andes. The 23 licences, which were previously subject to an option agreement, are now 100% owned by CTL under a Sales and Purchase Agreement (SPA).
Staged payments of up to $35m will be paid to the vendors over 10 years, with the first payment funded through a new unsecured convertible loan note for £1m on attractive terms.
In this interview, investors will hear:
• Why now was the right time to exercise the options and take full ownership
• How the acquisition will be funded from future revenues
• How this clears the pathway to an ASX-dual-listing
• Why it is important that CTL own 100% of all their licences
• How this compares favourably with other recent licence deals in the sector
• How this transaction transfers value from vendors to shareholders
“The board felt very comfortable now to change the structure and get absolute clarity by having very clear stage payment milestones, payable over a period of time. With the larger part of those payments being met from revenues from the project, once it's up and running for some time. And that's what we've achieved.” explained Gordon Stein, CFO, CleanTech Lithium.
Reasons to add CTL to your Watchlist:
1) Flagship project Laguna Verde has 1.8M tonnes JORC resource estimate (Lithium Carbonate Equivalent)
2) Laguna Verde Pre-Feasibility Study is due 3Q24
3) Second Fransisco Basin project has JORC resource estimate of 0.92Mt
4) Both Basins are controlled by CTL offering significant development synergies
5) CTL is using world-leading Direct Lithium Extraction Technology
6) Substantial Pilot Plant in Chile now in operation, producing battery grade green lithium for the European EV battery market with a low CO2 footprint
7) Aim is to produce material quantities of lithium by 2024
Gordon Stein, CFO of CleanTech Lithium was interviewed by Donald Leggatt, IR Media Director at focusIR.
Watch the full interview ▶️ > https://lnkd.in/ezcMkH72#CTL#lithium#mining # resources #investing
The Capital Crunch: Several companies are conducting placements, including Spartan Resources (ASX:SPR) which is raising $220 million to fund the restart of its Dalgaranga Gold Project.
https://buff.ly/4in91iT#capitalraise#placement#miningnews#asx
Major Milestone for Native Capital Management!
We are thrilled to announce that Native Capital Management (NCM), throughout our Business Development unit headed by Mónica Alonso Mora, has signed a Multi-Territory Cooperation Agreement with The Minexchange (MXE), a leading global platform connecting natural resource owners with capital providers. This landmark partnership will open up Central and South American markets to the world’s largest investment networks in mining and exploration.
With MXE’s direct reach to 10,000+ key mining executives, directors, and shareholders of TSX and ASX-listed entities, this collaboration will increase the flow of capital to high-potential projects in the region—creating new opportunities for sustainable investment and economic growth.
“This partnership with MXE is a huge step forward for NCM. By connecting us with their global network of investors, we can bring even more world-class mining projects to the market and unlock their full potential.” — Alejandro Ramirez-Rojas, Managing Director, Native Capital Management
This is just the beginning of a transformative journey. We are excited to set a new standard for transactable mining assets and drive innovation in the global capital markets.
Stay tuned for more updates! 🚀
Andrea C Rodriguez LunaJhon Casas Edisson J. Antolinez
#NativeCapitalManagement#BusinessDevelopment#MiningInvestment#PrivateEquity#CapitalMarkets#SustainableMining#LatinAmerica#TSX#ASX#Investing
MTM Critical Metals (ASX: MTM) is riding a wave of institutional support, raising $7.5 million in a strategic placement that underscores its growing stature as a leader in sustainable critical metals processing. The placement attracted cornerstone investments from heavyweights Pengana Capital Group and Terra Capital with total institutional and fund ownership soaring to 15%—up from nearly zero just three months ago.
https://hubs.li/Q030sNjQ0
In a market that poses challenges, a few standout shares from the ASX are making headway. 📈 #Boral, #FBR, #OriginEnergy, and #RegisResources are in the spotlight for their impressive performances in today's trading session.
- Boral Ltd is buoyed by an enticing acquisition move with Seven Group Holdings.
- FBR Ltd sees a spike as it starts trading in the adventurous OTCQB Venture Market.
- Origin Energy secures a win with the acquisition of Yanco Delta Wind Farm.
- Regis Resources capitalizes on rising gold prices, adding luster to its share value.
What's driving their success? Strategic acquisitions, exploring international markets, renewable energy investments, and market-responsive commodity pricing are the cornerstones of these companies' current growth stories. 💡
As each of these companies navigate their unique trajectories, it's a reminder for investors to keep a keen eye on individual stock stories that could dictate the course of their portfolios. Stay ahead by staying informed. For more detailed insights, check out the full article: https://lnkd.in/gNxnm6Ph#ASX#StockMarket#Investment#RenewableEnergy#GoldMarket#MarketTrends#CorporateStrategy