Latest news with #placement
News.com.au
3 days ago
- Business
- News.com.au
Break it Down: GTI gets Snow Lake Energy on board
Stockhead's Break it Down brings you today's leading market news in under 90 seconds. In this episode, host Tylah Tully looks at news from GTI Energy (ASX:GTR), of which its cornerstone investor - Snow Lake Energy - has been given the nod of approval to participate in a $4.5 million placement to advance Lo Herma in Wyoming. Watch the video to learn more. While GTI Energy is a Stockhead advertiser, it did not sponsor this content. Originally published as Break it Down: GTI gets Snow Lake Energy on board
The Australian
06-08-2025
- Business
- The Australian
Silver Mines placement and SPP to raise $33M
Silver Mines completes $30m placement to institutional and sophisticated investors with a $3m share purchase plan to follow The placement had strong support from a number of highly credentialled investors both locally and internationally, and demand was in excess of funds raised by the company. Funds will fast-track Bowdens development and support exploration at US and NSW projects. Special Report : Silver Mines has raised $30 million through a strongly supported placement to institutional and sophisticated investors and will launch a share purchase plan (SPP) to raise up to an additional $3 million. Funds will be used to advance development at Bowdens Silver Project in New South Wales and support exploration across Silver Mines' broader portfolio in Australia and the US. Silver Mines (ASX:SVL) has secured $30 million in a strongly supported placement to institutional and sophisticated investors and will follow that with a $3 million share purchase plan (SPP). Demand for the Petra Capital managed raise was in excess of funds raised by Silver Mines and well supported by a number of highly credentialled investors within Australia and internationally. The company will also run an SPP to raise up to a further $3 million, giving eligible shareholders an opportunity to participate in the capital raising as silver prices surge. Funds will primarily go towards advancing development approvals and engineering studies at Bowdens – Australia's largest undeveloped silver deposit and one of the largest in the world, hosting a reserve of 71.7Moz. It's also one of the most highly leveraged to the silver price across the globe. Silver Mines will also continue exploration aimed at mineral resource growth across its recently acquired Calico North silver project and the Kramer Hills gold and silver project in the US, as well as its other NSW projects including Bara Creek prospect and Tuena project. Managing Director Jo Battershill said: 'We are very pleased with the outcome of this placement, which attracted support from a number of high-quality institutional and sophisticated investors both locally and abroad. 'This outcome reflects growing recognition of the significant value and development potential across our portfolio particularly with the Bowdens Silver Project. 'The proceeds will enable us to continue advancing the Bowdens Silver Project through to development, while also accelerating exploration activities in both Australia and our newly acquired assets in the United States. 'With a strengthened balance sheet and a clear focus on execution, Silver Mines is well positioned for the next phase of growth and value creation' The placement price of $0.12 per share represented a 16.3 per cent discount to the five-trading day volume weighted average trading price to 31 July 2025 and a 7.7 per cent discount to the last trading price of $0.13. SPP shares will be issued at the same price, with the offer period to open on 13 August. Targeting more growth Bowden's December 2024 optimisation study demonstrated robust, high-margin economics over 16.5 years. But Silver Mines believes there's strong potential to extend its resource base beyond the optimised pit shell given high-grade historical exploration results. The company is also keen to progress Calico North and Kramer Hills in California's mining friendly county of San Bernadino. Both host mineralisation with historical production plus kilometres of untested mineralised structures near surface and at depth, and Silver Mines will start exploration this quarter after completing the deals last month. Its 100 per cent owned Calico North spans approximately 20 square kilometres across one of the largest historic silver camps in the US and hosts extensive zones of high-grade silver-barite mineralisation. Barite has recently been classified by the US as a critical mineral given its importance in oil and gas drilling. Most supply currently comes from India and China. At Kramer Hills, Silver Mines has commenced an earn-in to acquire up to an 80 per cent interest in the asset. Kramer Hills has historic mine shafts extending for more than 4km along the fault zone and a target zone along a mapped fault zone of approximately 7km. The imminent work program at the US projects will focus on further target generation through mapping and geophysics before drilling starts in 2026. Silver Mine's broader exploration portfolio includes the Tuena Gold Project in New South Wales, where several drilling targets have already been identified, and an extensive 2,115 kilometre square metre regional tenement across the central area of the state. The company already had a healthy $19.3 million in cash and no debt before the placement, putting it in a very strong position to pursue development plans post the current raise. This article was developed in collaboration with Silver Mines, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Sponsored Rumble Resources is set to unlock significant critical minerals value at its Western Queen project, with high-grade assays confirming a major tungsten system. Sponsored Koonenberry Gold identifies six drill targets along Sunnyside Shear Zone as GAIP emerges as a likely targeting tool at the Enmore project.
Yahoo
02-06-2025
- Business
- Yahoo
Deakin University GIFT City Campus announces first successful placement cycle with National Australia Bank's India Innovation Centre
GANDHINAGAR, India, June 2, 2025 /PRNewswire/ -- Deakin University's GIFT City campus has successfully concluded its first-ever placement cycle on 30 May 2025, in collaboration with the NAB Innovation Centre, India, marking a historic milestone for both the university and India's higher education sector. This placement round was held for postgraduate students from the Master of Business Analytics. This placement cycle holds special significance as Deakin University's GIFT City graduates will be the first cohort of Indian students to receive a foreign university degree entirely in India, setting a benchmark in international education delivered locally. Mr. Vikas Malik, Executive Technology, NAB Innovation Centre India, said, "The quality of talent from Deakin's GIFT City campus is truly exceptional. We were impressed not only by their technical proficiency but also by their ability to think critically and adapt to evolving business challenges. These students are not just industry-ready—they're innovation-ready, and we're excited to welcome them into our teams." Prof. Deepak Bajaj, Academic and Campus Director, Deakin University GIFT City, shared, "This is a proud and transformative moment for Deakin University and India. Our first placement cycle, led by a prestigious global partner like NAB, validates the international standards we uphold at GIFT City. Our students are proving that world-class education can be delivered and nurtured right here on Indian soil." Students of the first cohort secured paid internships that will lead to placement for full-time roles upon graduation in NAB's Innovation Centre in India at Gurugram, Haryana. Of the 8 bright students selected, the roles were offered to 7 bright students of Business Analytics, including business performance, analytics, fin-crime analytics, and customer decisioning. David Das, Head of Campus Operations, Deakin GIFT City, added, "The outcomes highlight the power of our industry-integrated academic model. The level of preparedness and maturity shown by our students throughout this process has made all of us at Deakin incredibly proud. It's just the beginning of many such success stories." The NAB Innovation Centre India serves as a pivotal hub for global operations, emphasizing innovation and technological excellence. NAB is committed to building high-performing teams by recruiting individuals with strong technical acumen, analytical prowess, and a collaborative mindset. The hiring process is comprehensive and designed to assess both technical competence and cultural fit. Technical and management interview rounds follow the online coding assessment to gauge communication, motivation, and alignment with NAB's values. This meticulous process ensures that only candidates who meet NAB's high standards are selected to join their dynamic and forward-thinking team. Khushi Saraf, a Master of Business Analytics student who secured a dual (internship and job) offer, shared, "The opportunity to work with NAB is more than just a job offer, it's a career breakthrough. Deakin's curriculum helped me master tools like Python, Power BI, and advanced analytics while also developing strategic thinking. I feel fully prepared to take on this global role." About Deakin University GIFT City: Deakin University is the first foreign university to set up a physical campus in India, located at GIFT City, Gujarat. The campus offers cutting-edge postgraduate programs in Business Analytics and Cyber Security, tailored to the needs of a digitally transforming global economy. Deakin GIFT City aims to create global professionals equipped to lead in data-driven, secure, and intelligent enterprises. For queries and more information, please visit Photo: View original content to download multimedia:
