Spark Plus

10/08/2021

Lucapa Diamond Co (ASX:LOM) - shared their preliminary interim financial results presentation

CEO: Stephen Wetherall
www.lucapa.com.au

Read the latest Periodic Report General news from Lucapa Diamond Company (ASX:LOM)

10/08/2021

Lucapa Diamond Co (ASX:LOM) - Preliminary Financial Results

• Record first half results
Attributable revenue of A$35.1 million from 18,784 attributable carats at US$1,437/ carat
Attributable cash operating margin of A$13.5 million
• Strong balance sheet with expected ~A$43 million in cash to be available to Lucapa
• Signed binding agreement to acquire 100% of the Merlin Diamond Project containing a JORC-compliant resource of 4.4m carats with significant kimberlite exploration upside potential
• Lucapa guides the market to the upper-end of its attributable cash operating margin guidance for CY2021 of A$17million-A$21million

CEO: Stephen Wetherall
www.lucapa.com.au

Read the latest Company Report General news from Lucapa Diamond Company (ASX:LOM)

10/08/2021

Volt Resources (ASX:VRC) - Volt Joins European Raw Materials Alliance

• Volt has joined the European Raw Materials Alliance (E RMA) following the acquisition of a controlling 70% interest in the Ukraine based Zavalievsky Graphite business
• The ERMA was formed by the EU in 2020 and is focussed on the development and strengthening of European raw materials value chains
• Membership of the ERMA provides access to project investment, technical and regulatory advice and support
• Volt is already a member of the European Battery Alliance (EBA). The ERMA and EBA provide support for Volt’s strategy to become an integrated graphite mine and battery anode material producer in Europe
• Recent MoU signed by the EU and Ukraine government to launch a strategic partnership to strengthen and secure the supply of critical raw materials and the battery value chain

MD: Trevor Matthews
voltresources.com

Read the latest Progress Report news from Volt Resources Limited (ASX:VRC)

10/08/2021

European Lithium (ASX:EUR) - announced that they have received commitments to raise A$6.5million through a placement to sophisticated investors at $0.0625 per share (Placement Shares). Investors will also be issued one listed option (ASX: EUROA) (exercise price $0.075, expiring 19 April 2024) for every 2 shares issued (Placement Options).
Funds raised will be used to fund the DFS at the Companys Wolfsberg Lithium Project, for general exploration purposes and working capital.
Placement Shares and Placement Options will be issued without shareholder approval relying on the Company’s capacity under Listing Rule 7.1and 7.1A.

CEO: Dietrich Wanke
europeanlithium.com

Read the latest Placement news from European Lithium Limited (ASX:EUR)

09/08/2021

Brookside Energy (ASX:BRK) - Jewell Well Operations Update

• Liberty Oilfield Services (Liberty) have mobilised to the Jewell Well site and are currently rigging up ahead of the commencement of completion operations
• Construction of the gas pipeline to the tie-in point on a DCP Midstream, LP (DCP) sales line is progressing on schedule and is nearing completion

MD: David Prentice
brookside-energy.com.au

Read the latest Progress Report news from Brookside Energy Limited (ASX:BRK)

06/08/2021

Brookside Energy (ASX:BRK) - Capital Raising to Fast Track Rangers Development

• A$9.0 million raised (before costs of the offer) by CPS Capital in a heavily oversubscribed placement to sophisticated or professional investors that saw very strong support from a mix of new and existing shareholders locally and overseas, including several new high net worth investors looking for exposure to the oil and gas sector
• Capital from this very successful placement will be used to increase the Company’s position in the Rangers Drilling Spacing Unit (DSU) and to fund a majority Working Interest in the development of the Rangers Well in the SWISH AOI. The Rangers Well is the second well in a potential 5-year, 20-plus well development drilling program across the three operated DSU’s the Company controls in the SWISH AOI
• The Company will now move quickly to bring forward the timetable for the development of the Rangers Well, securing key services (including Latshaw Drilling), completing leasing and regulatory requirements and construction of a drill pad on the Rangers DSU

MD: David Prentice
brookside-energy.com.au

Read the latest Placement news from Brookside Energy Limited (ASX:BRK)

03/08/2021

Spark Plus was proud to participate in the placement Fiji Kava Ltd (ASX : FIJ) of 1.5M to build inventory for growth.

CEO: Anthony Noble
fijikava.com

02/08/2021

Theta Gold Mines (ASX:TGM) - Quarterly Activities Report and Appendix 5B

• Appointed Mr Heath Roberts as Company Secretary and Mr Phillip Rankin as Acting Chief Financial Officer with effect from 1 July 2021
• AU$9.1 million funding secured through an AU$6 million secured bond with German investor 2Invest AG, and a combined AU$3.1m equity raise from 2Invest AG and various Australian and overseas institutional and professional investors
• AU$1.5 million shareholder purchase plan announced, where up to AU$1 million underwritten by 2Invest AG.

Chairman: Bill Guy
thetagoldmines.com

Read the latest Quarterly Reports news from Theta Gold Mines Limited (ASX:TGM)

02/08/2021

Theta Gold Mines (ASX:TGM) - Over $10M New Funding Package Secured, Led by a German Investor to Accelerate the TGME Gold Project Development

• Delphi AG and Deutsche Balaton (FSE: BBHK) backed investment company 2Invest AG (FSE: 2INV) to invest A$6 million in a secured bond to fund Theta’s TGME Gold Project
• 2Invest AG has agreed to cornerstone, along with various Australian and overseas sophisticated and professional investors, an A$4.626 million equity raise (A$3.126 million in direct placement and up to A$1.5 million in a proposed Shareholder Purchase Plan)
• The capital raise will provide sufficient funding to advance the TGME gold project’s environmental and water studies/approvals, early trial mining & bulk sampling programs, progress the Beta / Frankfurt / CDM mines’ DFS and potentially deliver mineral reserve upgrades

Chairman: Bill Guy
thetagoldmines.com

Read the latest Periodic Report General news from Theta Gold Mines Limited (ASX:TGM)

30/07/2021

Volt Resources (ASX:VRC) - Quarterly Activities and Cashflow Reports

• Volt successfully completed the acquisition of a 70% controlling interest in the ZG Group to become a graphite producer in Europe post quarter end
• New US$4.0 million convertible security entered into with SBC Global Investment Fund and drawn down in full to fund ZG Group US$3.8 million completion payment - previously announced US$8.5 million loan agreement with JES Green Investments Ltd terminated post quarter end
• Agreement reached with ZG Group vendors to defer the final US$3.8 million payment from 6 months to 12 months after completion
• The completion of the acquisition positions Volt significantly ahead of most of its peer graphite companies to become a graphite producer without the usual greenfield financing and development risk
• More information can be found in the article.

MD: Trevor Matthews
voltresources.com

Read the latest Quarterly Reports news from Volt Resources Limited (ASX:VRC)