Anax Metals Ltd
Anax Metals Raises $10 Million to Fund Whim Creek Development and Repay Debt
ANX Metals raises $10m via two-tranche placement to fund Whim Creek and repay a $3.5m Jetosea loan, boosting cash to ~A$7m; Tranche 2 EGM pending.
Anax Metals Reinforces Outstanding Economics with Whim Creek DFS
Anax Metals' Whim Creek DFS flags base-case NPV7 A$501m, IRR 98% (spot 118%/A$649m); ~A$723m cash flow over 10 years; 12–14 month payback; funding crucial.
Anax Metals secures $103m cornerstone investment to fast-track Whim Creek restart
Anax Metals (ASX: ANX) has received a $103 million strategic investment and funding package from Mineral Development Partners (MDP) that will allow MDP to earn up to 19.99% equity in Anax and up to an 81.1% interest in the Whim Creek copper project in Western Australia. MDP is a global consortium that focuses on unlocking […]
Anax Metals and GreenTech Metals form copper-focused Pilbara metals alliance
Anax Metals (ASX: ANX) and GreenTech Metals (ASX: GRE) have announced the formation of the Pilbara Base Metal Alliance for regional explorers seeking to monetise assets within trucking distance of Anax’s proposed Whim Creek project in Western Australia’s far north. The companies have signed an agreement to assess the potential of treating GreenTech’s base metal […]