Stocks of the Hour: Sierra Nevada Gold, Gold Mountain, FirstWave Cloud Technology
Stocks of the Hour: Sierra Nevada Gold, Gold Mountain, FirstWave Cloud Technology
FirstWave Cloud Technology (ASX:FCT) has secured a $2.5 million convertible note agreement with a conversion price of 3.6 cents with Danish asset management and specialist small cap financier Formue Nord. On completion of the transaction, FirstWave will have approximately AUD $5 million of working capital to support its growth strategy as the Company continues to head towards a cashflow positive operating position. Shares are trading 11.11 per cent higher at 3 cents.To register for today's webinar click here.
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Sierra Nevada Gold (ASX:SNX) has intersected shallow high-grade gold at the Warrior Project, Nevada, USA. The Company completed 12 reverse circulation (RC) holes for 913m at Warrior in December 2023. Shares are trading 25 per cent higher at 10 cents.
內華達山脈黃金公司（澳大利亞證券交易所股票代碼：SNX）在美國內華達州的勇士項目中發現了淺層高品位黃金。2023年12月，該公司在Warrior完成了12個913米的反循環（RC）洞。股價上漲25％，至10美分。
Gold Mountain (ASX:GMN) secures ground near world's largest Niobium producer, located about 450 km north of Sao Paulo. The ground has intense magnetic and radiometric anomalies similar to those over the Araxá mine carbonatite.Shares are trading 20 per cent higher at 0.6 cents.
Gold Mountain（澳大利亞證券交易所股票代碼：GMN）在位於聖保羅以北約450公里處的世界上最大的鈮生產商附近獲得土地。地面存在強烈的磁學和輻射異常，類似於阿拉沙礦碳酸鹽上空的異常。股價上漲20％，至0.6美分。
FirstWave Cloud Technology (ASX:FCT) has secured a $2.5 million convertible note agreement with a conversion price of 3.6 cents with Danish asset management and specialist small cap financier Formue Nord. On completion of the transaction, FirstWave will have approximately AUD $5 million of working capital to support its growth strategy as the Company continues to head towards a cashflow positive operating position. Shares are trading 11.11 per cent higher at 3 cents.
FirstWave Cloud Technology（澳大利亞證券交易所股票代碼：FCT）已與丹麥資產管理和專業小盤股金融家Formue Nord簽訂了250萬美元的可轉換票據協議，轉換價格爲3.6美分。交易完成後，FirstWave將擁有約500萬澳元的營運資金來支持其增長戰略，因爲該公司將繼續朝着現金流正的運營狀況邁進。股價上漲11.11％，至3美分。
