ENRG ELEMENTS ORD
Market wrap: from record high to hefty fall in just one day
What a difference a day makes with the Australian share market hitting a record high on Thursday followed by the worst fall in 16 months on Friday. Once again, a steep fall on Wall Street was the catalyst for the 2.1% fall in the Australian market as investors fretted that the US Federal Reserve was […]
ENRG Elements secures deal to acquire Lamont Lake uranium project in Canada
Perth-based ENRG Elements (ASX: EEL) will make an upfront payment of $30,400 and issue 33.3 million shares to acquire the Lamont Lake uranium project in Canada from private vendor Marino Specogna. A deferred consideration of $100,000 cash or shares will also be made within six months of the deal. ENRG said there has been minimal […]
ENRG Elements to divest 90% of non-core Ghanzi West copper-silver project
ENRG Elements (ASX: EEL) has confirmed it will divest 90% of its Ghanzi West copper-silver project in Botswana to UK-based Kavango Resources Plc. The project comprises six prospecting licences across 2630 square kilometres of the emerging world-class Kalahari copper belt. It is believed to be one of the most prospective copper belts worldwide and hosts […]