QX Resources Limited (ASX:QXR) is pleased to announce that Bayrock Resources Limited (Bayrock) has successfully completed its rights issue to raise A$1.8 million through the issue of new shares at $0.03 per share (before costs) (Rights Issue). Existing Bayrock shareholders subscribed for ~$600,000 under the Rights Issue.

Theta Gold Mines Limited (ASX:TGM) (FRA:3LM) (OTCMKTS:TGMGF) is pleased to announce it has raised A$5.0 million through a private placement (Placement) to strategic professional and sophisticated investors.

Classic Minerals Ltd (ASX:CLZ) (FRA:2I7) (OTCMKTS:CSMRF) announces that Wet commissioning of the processing plant at its Kat Gap gold project has commenced. The Company will use part of the bulk sample ore for completing this wet commissioning phase.

Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce that it has increased its interest in iM3NY LLC ("iM3NY") to 73% following the conversion of the Bridging Finance announced on 31 March 2023 into iM3NY equity.

Musgrave Minerals Limited (ASX:MGV) (FRA:6MU) (OTCMKTS:MGVMF) announced that it has entered into a Bid Implementation Agreement (BIA) with Ramelius Resources Limited (ASX:RMS) (Ramelius), pursuant to which Ramelius will offer to acquire all the issued ordinary shares of Musgrave.

Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) continues to unlock the Estelle Gold District with a 15,000m drill program at the RPM and Train areas to further grow the size and confidence of the already established 9.9 Moz gold resource.

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is pleased to provide an update on its CERENERGY(R) battery joint venture with Fraunhofer IKTS ("Fraunhofer").

Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce that it has executed a Letter of Intent (LOI) for Phase 1 of the Anode active materials commercialization facility in the United States.

Barton Gold Holdings Limited (ASX:BGD) advises that Mr Neil Rose will retire as a Non-executive Director effective 30 June 2023 to pursue his other business initiatives.

In this segment of The Ellis Martin Report we chat with Dr. Paul West-Sells, CEO of Western Copper and Gold Corporation (NYSE:WRN) (TSE:WRN).