PTN – Patronus Resources
21 April . Patronus Resources Limited (ASX: PTN) has acquired 49,144,000 shares in ASX-listed gold and copper explorer Emmerson Resources Limited ERM) for total consideration of $5.406 million at $0.11 per ERM share. The shares were acquired off-market.
Patronus believes that recent corporate activity in the Tennant Creek area of the Northern Territory and Emmerson’s exploration portfolio – which includes 866,000oz of gold (refer ERM ASX announcement 29 Jan 2025) and a 6% uncapped gross production royalty – is likely to generate further interest in Emmerson from both an M&A and exploration and development perspective.
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24 April . Trek Metals (TKM) has $3.5M Capital Raising to Fast-Track Drill Testing of High-Grade Gold Discovery at Christmas Creek, WA
• Patronus Resources Ltd (ASX: PTN) to cornerstone the raising with a $500,000 investment.
