Venus Metals Corporation Limited (ASX:VMC) is pleased to advise that the Company intends to undertake a pro-rata non-renounceable entitlement offer of listed options over fully paid ordinary shares (ASX:VMCOA) on the basis of 1 new Option for every three fully paid ordinary shares held to raise up to approximately $512,000 (before costs).
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is pleased to announce positive results from the early part of a 7,500m scout drilling program currently being carried out on its Nova Joint Venture project Namibia where JOGMEC is earning a 39.5% interest.
Preliminary Work by Venus (ASX:VMC) in 2016 discovered a hand specimen of tantalite within a previously un-prospected drainage system ten kilometers north of Coodardy Station within recently granted Poona East tenement E20/896 (granted on 9 October 2017).
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is pleased to announce its highly encouraging maiden mineral resource estimate for the Tumas 3 discovery which, at a 200ppm eU3O8 cut-off, comprises 23.5Mlb inferred mineral resources at a grade of 382ppm eU3O8. This deposit occurs on EPL3496, held by the Deep Yellow wholly-owned subsidiary Reptile Uranium Namibia (Pty) Ltd.
Havilah Resources Limited (ASX:HAV) today announced a capital raising by way of a pro rata one for seven renounceable rights issue. The Rights Issue seeks to raise $5.4 million (before costs) through the issue of approximately 27.1 million new fully paid ordinary shares.
Havilah Resources Limited (ASX:HAV) is pleased to announce the execution of a private placement subscription agreement with Bergen Global Opportunity Fund II, LLC (the Investor), a New York-based institutional investor managed by Bergen Asset Management, LLC.
During 2016-17, Venus Metals Corporation Limited (ASX:VMC) carried out exploration works on its diverse portfolio of projects focusing mainly on base metals, cobalt, gold and lithium.
