In today’s briefing:
- CONFIRMED: Bellevue raising
- ADX Energy (ASX: ADX): Diversified and High Impact Newsflow over the Balance of 2024
- Ionic Rare Earths (IXR) Flash Note REE Magnet Recycling 25072024
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CONFIRMED: Bellevue raising
- Bellevue is raising capital through a placement and share purchase plan at a discount to the last close
- The purpose of the capital raise is to pay off debt and fund future growth, with operational pressure and hedges in place
- The company is shifting to a long-term growth story, with guidance for increased production and costs going forward
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ADX Energy (ASX: ADX): Diversified and High Impact Newsflow over the Balance of 2024
- ADX has confirmed a very busy programme of activity from September.
- The overall unrisked value of the programme is ~A$1.70 per share, which represents 17x the current share price.
- In early September, ADX will drill the Anshof-2A side track.
Ionic Rare Earths (IXR) Flash Note REE Magnet Recycling 25072024
- Ionic Rare Earths Ltd (ASX:IXR) is a rare earths mining explorer (Uganda) and REO magnet recycling company (Belfast, UK).
- ACF visited IonicTech’s magnet recycling demo plant in Belfast yesterday, July 2024.
- IXR has a unique position in the REE recycling ecosystem.