Latest Options News

88 Energy Limited updates on its Alaska-based Project Phoenix, announcing a fully funded horizontal well and extended flow test scheduled for Q3 2026, backed by joint venture partner Burgundy Xploration LLC. The project is positioned for first production as early as 2027 amid a resurgence in North Slope activity.

Minbos Resources unveils a streamlined strategy for its Cabinda Phosphate Project, cutting upfront costs by $20 million and aiming for accelerated shipments from Porto do Caio in the first half of 2026.

Straker Limited has significantly narrowed its interim loss despite a 15% revenue decline, driven by cost efficiencies and the absence of prior non-cash charges. The company also renewed a strategic $28 million partnership with IBM, reinforcing its AI language technology ambitions.

White Energy Company Limited has launched a 5-for-12 partially underwritten entitlement offer at $0.027 per share, aiming to raise approximately $3.5 million to fund mineral exploration and corporate needs. Major shareholders and directors have committed to participate, while the offer excludes ineligible shareholders and related parties.

Alicanto Minerals has appointed seasoned resources executive Jeffrey Sansom as CEO, signaling a strategic push to advance its Falun Copper-Gold Project and pursue new acquisitions. The leadership change aligns with the company’s ambitions to enhance shareholder value through disciplined growth.

HyTerra Limited has partnered with GeoKiln Energy Innovation to pioneer a groundbreaking test of engineered geologic hydrogen production, aiming to accelerate commercialization in this emerging energy sector.

Neometals Ltd and partner Omaha Value have secured a 60-day exclusive option to evaluate lithium and potash brines from historic oil and gas wells in Utah’s Paradox Basin, aiming to leverage existing infrastructure for accelerated critical minerals exploration.

Lodestar Minerals has kicked off its first-ever exploration program at the Virgin Mountain Rare Earth Project in Arizona, targeting historically promising heavy and light rare earth elements amid shifting global supply dynamics.

Brazilian Critical Minerals Ltd has been served with a writ alleging breach of a convertible loan agreement tied to share issuance and pricing, sparking a legal dispute with a US investment firm.

Impact Minerals Limited has announced a 10, 1 consolidation of its securities, including ordinary shares, options, and performance rights, pending security holder approval. This restructuring aims to streamline the capital structure ahead of December trading.

BOA Resources has secured a 49% interest in the Neds Creek Copper Project, positioning itself near some of Western Australia’s most prolific copper mines. With drilling planned for early 2026, the company aims to unlock significant exploration potential in this proven copper district.

Locate Technologies moves closer to shifting its listing from the ASX to the New Zealand Exchange, completing a NZ$1 million share offer as part of its capital restructure.