The company said it had now received the majority of assays from the 2022 program, with the latest batch recording up to 1.76 per cent lithium across a 17-metre interval from 341 metres.

These results, according to GL1, confirmed the presence of a large-scale lithium-bearing pegmatite system extending to the northeast in the area.

General Manager of Exploration at Global Lithium Resources Stuart Peterson said he was “very pleased” with the assay results.

“These results have increased our confidence that this new area could potentially hold significant tonnes and the company will continue to build on the existing Manna resource,” Mr Peterson said.

The company said it was now planning a drilling program for 2023 that will include roughly 35,000 metres of drilling to define new prospective areas within Manna.

An interim resource upgrade is underway using the remaining assay results from the drilling program completed in 2022.

Global Lithium Resources shares were down 0.32 per cent to $1.57 at 12:31 pm AEDT.

The planned work will include sampling across the Roe Hills and Manhattan prospect areas, which neighbour Global Lithium’s (GL1) Manna deposit prospects.

The company will also complete sampling work across its Lake Rebecca prospects, which show prospective ‘Goldilocks Zone’ geology during a site visit by ALY in November last year.

Alchemy CEO James Wilson said in tandem with its sampling work, the company would fly high-resolution drone magnetics to assist with drilling target definition in the area.

“We are also kicking off regional soils programs, which will give us a broader picture of lithium anomalism surrounding the Manna project at Alchemy’s Roe Hills prospect to the west and our Manhattan prospect to the east, as well as lithium prospective areas at Lake Rebecca to the north.”

Currently, a high density of narrow plagioclase dykes, porphyritic dykes and quartz veins mapped adjacent to the granite contact zone have been identified at the Roe Hills prospect.

At the Manhattan Prospect, Alchemy Resources has undertaken shallow drilling that intersected coarse-grained fractionated dolerites in proximity to the regional granite contact.

Further, a recent reconnaissance visit at Lake Rebecca uncovered multiple feldspar-rich granite dykes throughout the tenement package adjacent to the small regional granite intrusions.

The next steps for Alchemy will include the interpretation of the gravity survey data, the commencement of ground truthing of results and potential target areas, the completion of heritage surveys to allow for future drill programs, and the assessment of the broader regional productivity of southern Karonie tenements.

Alchemy Resources shares were trading at 1.6 cents at 11:29 am AEDT.

The company, through its UK subsidiary, will partner with the Tanzanian government to jointly develop the mine, with a new joint venture (JV) company — named Kudu — to be formed.

The JV will be owned 84 per cent by Evolution’s UK subsidiary and 16 per cent by the Tanzanian government and will hold all licences and permits for the graphite project.

Evolution Energy Minerals’ Managing Director, Phil Hoskins, said the settlement of the agreements with the Tanzanian government was a “critical” step for the development of the Chilalo project.

“We have worked closely with the Tanzanian Government for an extended period of time and recognise that aligning with the government and with the people of Tanzania is fundamental to unlocking the value of our Chilalo project,” Mr Hoskins said.

“We now look forward to partnering with the Tanzanian Government as we strive to establish a commercial scale graphite mine in south-east Tanzania for the benefit of all stakeholders.”

The Kudu will consist of three directors chosen by Evolution Energy Minerals and two chosen by the Government of Tanzania.

The Tanzanian Government agrees to facilitate the procurement of the rights, permits and approvals necessary for the establishment, development and operation of the Chilalo graphite project.

Evolution and the Tanzanian government will now hold a formal public signing ceremony with respect to today’s agreements before the end of March.

Evolution Energy Minerals shares last traded at 26 cents on March 7.

The beagle, Louie, has B-cell lymphoma and is being treated solely with PharmAust’s monepantel (MPL) product. For reference, this type of cancer is usually fatal for dogs in a matter of weeks. While chemotherapy can extend survival, it often comes with major side effects and a lower quality of life for the dog.

Currently, 36 dogs have been treated using MPL, of which 11 have seen a decrease in tumour size. PharmAust says owner surveys from dogs in the trial indicate an “excellent” quality of life score.

PAA said it appeared treatment with MPL could extend survival in dogs three-fold while allowing them to maintain a good quality of life.

The trial has patients in Australia, New Zealand, and the US.

As part of the trial, PharmAust needs at least 18 dogs out of 46 dogs to show an overall clinical benefit to meet its statistical endpoint.

MPL is approved for veterinary use for a different indication in food-chain animals, but PharmAust plans to repurpose MPL as a cancer treatment without the side effects of chemotherapy.

Shares in PharmAust were trading at 8.6 cents at 2:39 pm AEDT.

Caravel will snap up the E70/5442 tenement, which comprises 82.4 square kilometres and lies 122 kilometres northeast of Perth.

Enegex will retain 100 per cent of the ownership of the remaining four tenements within the Walebing Project.

In return for the land, Caravel will pay ENX $75,000 in cash, grant ENX a 2.5 per cent net smelter royalty on any future production from the region, and hand over exploration data from between 1998 and 2011 from across ENX’s West Yilgarn area valued at $250,000.

This is the same geochemical sampling dataset that led to the discovery of the Caravel Copper project, which is owned by Caravel Minerals.

Enegex director Rae Clark said the company was “very pleased” with today’s transaction.

“The new dataset will be combined with existing datasets to help refine and prioritise targets and to potentially generate new targets over our West Yilgarn projects,” Ms Clark said.

“The transaction will also provide Enegex with exposure to Caravel’s exploration expertise through a royalty agreement in an area that is located less than 4km from their flagship copper project.”

ENX said its next steps would include reconnaissance visits to the West Yilgarn project and the continuation of landholder access negotiations.

Enegex shares are down 1.82 per cent to 2.7 cents at 12:56 pm AEDT.

The order forms part of a larger tender of up to $30 million and marks Vection’s first entry into the production chain of the authorised NATO Tempest producers.

Vection said if the pilot was successful, it expected to sign subsequent order awards within the next half year.

Vection Technologies hopes to establish its INTEGRATEDXR product as a benchmark workflow to bridge the physical and digital worlds in the defence industry. This includes mission-critical ICT infrastructure, virtual reality, augmented reality, mixed reality, and the metaverse.

Sales to the defence, military, and law enforcement industry represented 29 per cent of overall sales in the last fiscal year for Vection.

Vection Technologies shares were up 14 per cent to 5.7 cents at 10:31 am AEDT.

The trading and investment platform posted revenue of $9.6 million for the year and a net loss of $2 million in its 2022 annual report compared to a profit of $2.78 million the year before.

HALO blamed the downturn on “weak share market conditions” over 2022 that caused reduced transaction volumes and brokerage revenue.

However, the company — which listed on the ASX in April 2022 — said 2023 was already beginning to turn around as it invested in growth over the past year.

In December, HALO launched a new property product to attract customers from the Australian real estate market, led by ANZ chief economist Warren Hogan.

HALO also signed an agreement with a dealer group resulting in the addition of clients resulting in approximately $300 million in funds under management.

HALO will acquire 100 per cent of Resilient Fund Managers, a fully-licensed financial services entity based in the United Kingdom. This is to accelerate plans to transition into the European markets.

The company said 2023 was already showing “strong signs of a market turnaround”, with February brokerage revenue the highest for HAL in 14 months.

Shares in HALO Technologies were down 10 per cent to 18 cents at 2:17 pm AEDT.

Three distinct funding initiatives are part of the raise: a placement for $750,000, a non-renounceable rights issue entitlement offer and a shortfall offer by way of prospectus for $1.2 million, and a post-rights issue over-allotment offer to raise an additional $562,500.

New shares to be issued under the capital raise will each be priced at 0.75 cents — a 25 per cent discount to LCT’s last closing price of a cent.

Participants in the placement, rights issue, and over-allotment will receive on new option for every two shares subscribed for, exercisable at 1.2 cents on March 31, 2026.

LCT plans to use the funds to further develop its NTCELL project and conduct a third clinical trial for Parkinson’s disease, to fund assessments of corporate development opportunities regarding additional projects, and to provide for general working capital.

Living Cell Technologies shares were down 5.26. per cent to 0.9 cents at 11:35 am AEDT.

The results indicated Mesoblast’s mesenchymal precursor cell (MPC) therapy strengthened heart function and decreased cardiovascular death or stroke in patients with chronic heart failure.

In the randomised, double-blind, controlled study of 537 patients, the drug was shown to increase heart function at 12 months and decrease heart failure over a mean follow-up period of 30 months.

The study enrolled patients across 51 sites in North America, and the results of a one-time intra-myocardial injection of 150 million cells of rexlemestrocel-L show a reduced risk of myocardial infarction or stroke and reduced risk for a time-to-first major adverse cardiac event.

Mesobast CEO Silviu Itescu said the study results indicated the potential of the company’s cellular therapy to address “major areas of unmet need” in heart failure patients.

“Improvement in left ventricular ejection fraction at 12 months may be a functional surrogate endpoint for rexlemestrocel-L’s subsequent benefits on long-term MACE outcomes and survival in this high-risk patient population with chronic heart failure,” Dr Itescu said.

The company published the results of its DREAM-HF phase III trial in the peer-reviewed journal for cardiovascular medicine, Journal of the American College of Cardiology (JACC).

Mesoblast intends to meet with the US Food & Drug Administration in the next quarter to find a potential pathway to marketing approval.

Mesoblast shares last traded at 93 cents on Monday afternoon.

The company will use the funds to advance drilling exploration work at its Arunta West rare earth element (REE) and Bali copper-gold projects in Western Australia.

Under the entitlement offer, eligible shareholders can subscribe for one new share for every four shares held at a price of $0.04 per new share. Investors will receive one free attaching option for every two new shares applied for, exercisable at seven cents in five years.

Concurrently, Norwest Minerals has entered into an agreement with two directors for the provision of loans totalling $250,000.

Norwest Charles Schaus said the cash boost would help the company fast-track drilling at its WA projects.

“Drilling of the Arunta West REE discovery is scheduled to commence in April followed by the Bali copper-gold drilling in May-June,” Mr Schaus said.

At Arunta West, significant REE mineralisation hosted in the sediments has been identified. Norwest plans to complete a 22-hole follow-up drill program in the area.

At the Bali project, Norwest has identified seven copper-gold-bearing quartz veins in the Deep South prospect area. The veins are associated with near vertical dipping, laterally extensive, narrow shears zones.

Norwest Minerals shares were up 5.41 per cent to 3.9 cents at 10:19 am AEDT.

Prospecting at Long Range yielded a peak gold value of 0.77 grams per tonne (g/t) gold along with anomalous pathfinder elements including silver, bismuth, copper, lead and tellurium.

Matador said Long Range now ranked as a “high-grade, in-situ, gold-bearing” diamond drill target for the company in 2023.

Matador Mining CEO and Managing Director Sam Pazuki said although the company planned to conduct most of its 2023 exploration work across the Malachite target in the Cape Ray project area, it would also undertake low-cost, high-value work in other areas including Long Range.

“The Long Range target area is another large area in our portfolio that is only 10 kilometres away from Channel-Port aux Basque and easily accessible from the Trans-Canada Highway,” Mr Pazuki said.

The Long Range target area hosts the Windsor Point Group in an analogous structural setting to Matador Mining’s Central Zone gold deposits.

Tellurium values at the Long Range target area peak at 89 parts per million (ppm), which could indicate a different mineralising fluid association that could point to gold.

Matador will conduct follow-up prospecting, mapping and sampling at Long Range later this year.

Matador Mining shares last traded at 8.5 cents on Wednesday, February 22.

This acquisition is part of Jaxsta’s growth strategy, giving the company access to Vampr’s 1.3 million users, and it marks a big step towards Jaxta’s launch of vinyl.com. Vampr’s use base grew by 23 per cent in the last year.

Under today’s deal, Jaxsta will take full control of Vampr in exchange for 88.7 million JXT shares, giving the sellers 19.99 per cent ownership of the ASX-listed business.

Jaxta will also pay up to US$250,000 (AS$365,000) and any accrued interest within one year of completion to extinguish a short-term loan facility provided to Vampr by a Vampr director.

Josh Simons, a former recording artist and the founder and CEO of Vampr, will join Jaxsta as Chief Strategy Officer.

Jaxta CEO Beth Appleton said she believed the combined Jaxta-Vampr business would be an “exceptional” music tech company.

“The acquisition of Vampr represents a rare opportunity to accelerate our B2C expansion through the launch of our e-commerce platform, vinyl.com,” Ms Appleton said.

JXT’s board of directors will seek shareholder approval on this acquisition in April 2023.

Jaxsta shares were up 10.42 per cent to 5.3 cents at 11:36 am AEDT.

Under the offer, TruScreen plans to issue over 72.5 million new shares at 2.9 cents per share to raise the funds. The company did not specify where it planned to direct the funds, though its core product is a cervical cancer screening and detection device.

TruScreen said it was currently targeting product sales to a range of low- and middle-income countries where no large-scale cervical screening programs or infrastructure were in place. These include China, Mexico, Vietnam, Russia, Zimbabwe and Saudi Arabia.

Only TruScreen shareholders who reside in New Zealand or Australia are eligible to participate in the upcoming rights offer.

As part of the offer, TruScreen will give shareholders who take up all of their rights in the offer the opportunity to apply for additional shares through an oversubscription facility.

The rights offer opens on February 8 and closes on March 15.

Shares in TruScreen are trading at 2.9 cents at 10:29 am AEDT.

The project is a 50/50 joint venture (JV) between Leo Lithium and Ganfeng Lithium Group.

The JV has poured the first concrete at the primary crushing area of the project and said the ball mill area foundations were ready for concreting.

The manufacture of key equipment, such as the ball mill and other crushing equipment, has been completed, and these items are almost ready for transportation to the site after factory inspection tests.

Leo Managing Director Simon Hay said the pouring of the first concrete at Goulamina ticked off an “important” construction milestone for the company and helped de-risk the project.

“We have already made strong progress on construction to date at Goulamina, with development firmly remaining on budget and commissioning on schedule for first spodumene concentrate at the end of the first half of 2024.”

The next steps for the Goulamina Lithium Project include final trim earthworks, the transport of supply items, the installation of equipment, and the supply and installation of plant and electrical services.

Installation works for the overland water piping package are set to commence in the coming months.

Shares in Leo Lithium were up 2.52 per cent to 61 cents at 10:18 am AEDT.



The $5 million loan is based on the same terms as available in January 2022.

The loan was drawn up but not taken up at the time. Greenstone Resources and Lambhill are related parties.

Metro Mining said it decided to re-establish the loan because of the Ukraine conflict and its impacts on fuel prices, freight rate volatility, strengthening Australian dollar and continuing COVID-19 impacts.

The unsecured loan has a term of 6 months at a rate of 14 per cent.

Simon Wensley, CEO and Managing Director of Metro Mining, said: “After having finished the 2021 production season in February 2022 and generating the cash required to optimally maintain through the wet season as a result of unforeseen external uncertainties, Metro has requested the re-instatement of the bridge with Greenstone and Lambhill to assist in managing working capital.”

Metro’s main assets are in the Cape York region of Queensland, including the Bauxite Hills mine.

Metro Mining shares were 3.6 cents early today.

The pro-rata non-renounceable rights issue or entitlement offer comprised one new Corazon share for every one share held at an issue price of three cents each, culminating in almost 254 million new shares being issued.

It closed yesterday and the capital raised was in addition to the company’s recent share placement that raised just over $2 million.

Corazon said the funds would enable the company to push on with drilling and exploration at its flagship Lynn Lake nickel sulphide project in Canada.

“We are delighted with the level of uptake for the entitlement offer from shareholders. Corazon is in a very strong financial position to aggressively pursue its exploration and development plans across our project portfolio, with a specific focus on … Lynn Lake.”

Drilling is currently under way at Lynn Lake testing priority targets at the Fraser Lake Complex.

Corazon said it would also use the equity raising proceeds for the historic Lynn Lake mining centre, including engineering and processing studies and resource definition drilling.

CZN shares last traded at 3.4 cents on April 12.

GEO Unterweissacher is an engineering organisation for geology and geotechnics with headquarters in Tirol, Austria.

It has reviewed the data and samples to recommend a drilling program to test the pegmatite mineralisation at the Weinebene project in Austria. This project is owned by EV Resources (80 per cent) and European Lithium (20 per cent).

Executive Director Adrian Paul said: “The expert advisers have reviewed the data and proposed a drilling program for Weinebene that has the potential to significantly extend the Wolfsberg mine. We intend to work with our partners and stakeholders to commence the permitting process as soon as practicable.”

EV Resources has entered into a collaboration agreement with European Lithium which includes the establishment of technical advisory committee to enhance the projects for the purpose of jointly collaborating in connection with the Weinebene and Eastern Alps projects and sharing information to identify the best options to advance those assets and operations.

EV Resources shares are up 5.77 per cent to 5.5 cents at 10:02 am AEDT.

The order with a value of $1.3 million is part of an upgrade announced by Ausgrid and Southern Sydney Regional Organisation of Councils (SSROC) and up to 33 local councils.

Previously, Traffic Technologies announced a contract with Ausgrid Operator Partnership in New South Wales. Ausgrid is an electricity distribution company which operates the electrical networks of 1.7 million customers in the Sydney, Central Coast and Hunter regions.

More than 92,000 streetlights are to be upgraded with energy efficient LEDs and smart controls over the next three years on main roads and residential streets.

Ausgrid said not only will this provide major energy savings, the addition of smart controls will help detect faults, optimise maintenance, measure energy use and facilitate off-peak dimming. The lights would also be able to accommodate future smart city sensors.

Councils could expect operating savings of up to 56 per cent, according to Ausgrid.

Con Liosatos, Managing Director of Traffic Technologies, said: “We are pleased to be the supplier of smart LED streetlights to Ausgrid in its partnership with SSROC. The most advanced Smart City enabled streetlights will generate significant savings to councils across the Sydney area as well as substantial reductions in greenhouse gas emissions.”

Traffic Technologies’ shares were steady at 2.7 cents at 9:15 am AEDT.

The assays complete the results from a 25-hole RC drilling program carried out in November 2021 to enhance the understanding of the primary mineralisation below previously reported high-grade air-core (AC) results.

Several holes intersected relatively narrow zones of high-grade gold mineralisation such as 2m at 4.06 g/t gold from 31m, 2m at 9.67 g/t gold from 78m and 2m at 4.34 g/t gold from 97m along strike from the high-grade results recorded in initial AC and diamond drilling, indicating that a core of high-grade mineralisation is present at the eastern target.

The zones of deeper high-grade mineralisation display a distinctive style of alteration, with quartz-carbonate-pyrite-scheelite veining present in a silica-biotite altered basalt.

Kin Mining Managing Director Andrew Munckton, said: “These latest results support our view that the Mt Flora Eastern Zone and the Northern Zone contain several mineralised lodes, highlighting the potential of the Mt Flora prospect to emerge as an important new primary gold discovery 20km east of the main Cardinia gold project.”

He said the company planned to return to Mt Flora with further infill RC drilling aimed at delineating a maiden mineral resource estimate, with the timing of this next phase of drilling to be determined by other exploration priorities at Cardinia.

Kin Mining’s shares were unchanged, trading at 10 cents at 1.32pm AEDT.

The contract will integrate BSA’s building management control systems for two years with the potential for two one-year extensions, at ALDI’s discretion.

BSA said the contract is expecting to bring in around $20 million in revenue in the first two years with ongoing revenues expected as more ALDI stores are added to the program.

The systems will be installed across ALDI’s portfolio in New South Wales, Victoria, Queensland, South Australia and Western Australia.

“BSA is excited to be delivering this landmark project for ALDI, rarely seen at such scale in the Australian market,” Managing Director Tim Harris said.

“It provides the opportunity to further build on our relationship with one of our key clients and support their goals in optimising their assets and operating costs.”

Just before the market opens for the morning, BSA last traded at 11 cents each.