The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Here they are https://www.londonstockexchange.com/news-article/EEE/extensive-shallow-high-grade-bedded-ti-confirmed/16297683
IDMEEE
RNS Number : 3719A
Empire Metals Limited
22 January 2024
Empire Metals Limited / LON : EEE / Sector: Natural Resources
22 January 2024
Empire Metals Limited
('Empire ' or the 'Company')
Saudi Strategic Investor Led Placing to Raise GBP3 million to Advance Development of Pitfield Titanium Project
E mpire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company, is pleased to announce that is has raised GBP3 million before expenses by way of a placing of 27,272,728 new ordinary shares of no par value in the capital of the Company at 11p (the 'Placing Shares') to a strategic investor in Saudi Arabia and existing shareholders (the 'Placing').
Shaun Bunn, Managing Director, said: "We are extremely pleased to welcome TransOceanic Minerals, a group focused on investments in the natural resource sector as a shareholder of the Company. The principal, Mr Fahad Al-Tamimi has also led some of the largest engineering and construction projects in the natural resource sector in Saudi Arabia. This is an important milestone for the Company as this strategic partnership not only recognises the global significance of our Pitfield project but with the on-going support of TransOceanic Minerals and potential future partnerships in Saudi Arabia, the Company will have the capacity to expand project development and accelerate value creation for all shareholders. We also thank our existing shareholders for their continued support as we now add to our on-going exploration efforts a significant work stream of mineralogical studies and metallurgical test work and design which will move the project the next critical step towards mine development."
The net proceeds of the Placing will be primarily used to allow the Company to continue to expand the Reverse Circulation ('RC') drilling and to undertake additional Diamond Core drilling for petrology, mineralogical and metallurgical studies. These programmes will be in addition to the current RC drill programme, the final results from the first phase being announced shortly with the second, already funded, phase expected to commence in February. The new funds will also be used to expand mineralogical and metallurgical studies and process design work that will focus on the beneficiation and recovery of a high-value TiO(2) product with a view to moving to the design phase for a test plant in 2025.
Application for Admission and Total Voting Rights
The Placing Shares will rank pari passu in all respects with the existing ordinary shares of no par value in the capital of the Company. Application has been made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM ('Admission'). It is expected that Admission will become effective on or around 26 January 2024. As a result of the issue of the Placing Shares as described above, the issued share capital of the Company now consists of 598,850,524 ordinary shares of no-par value.
Warra
That's my thinking,in advance of possible news next week.gla
If drilling results are as good as expected them I'm sure that one or two shareholers on here will follow Kanye's lead
https://www.dailymail.co.uk/tvshowbiz/article-12975613/Kanye-West-teeth-REMOVED-replaced-TITANIUM-dentures-expensive-diamonds-rapper-compares-James-Bond-villain-Jaws.html
And still under the radar.Gla
Strategic update
The Group operates 3 distinct businesses in THG Beauty, THG Nutrition and THG Ingenuity, each scaled from the UK to hold global leading positions in their respective sectors. In 2021 the Board set out the Group's strategy to provide each division with its own growth and capital platform, through individual public market listings or partnerships, with THG retaining significant majority ownership.
This strategy remains unchanged, with readiness work ongoing to ensure the Group has full optionality. The Group remains on target to deliver c.9% adjusted EBITDA margins in the medium term.
Https://international-dairy.com/news/home/protein-market-more-than-doubles-in-just-two-years/
Could reach 0.016 in next couple of weeks with good flow rayes
Options excercisable when share price is between 0.016 and 0.064
ARB monthly report for December
Argo's Chief Executive, Thomas Chippas, said, "I am delighted to close out 2023 with our strong performance both in December and in the full fourth quarter. During the fourth quarter, our daily production was 4.8 Bitcoin per day, which was a 20% increase from the prior quarter. This is despite a 19% increase in monthly average network difficulty in the fourth quarter compared to the prior quarter."
Let^shope they are correct re production!!
It's at 0.008p
But onwards and upwards
Conclusion
MIDAS VERDICT: Early-stage exploration firms are not for the faint-hearted but adventurous investors should give Empire a go. Titanium is an essential component of daily life and military might but China has the lion's share of the market. Western governments and companies are keen to source this mineral from friendlier climes and Pitfield fits the bill. At 9.3p, Empire shares could go far.