Inca Minerals (ICG:AU) has announced Close of Takeover Offer
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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the Company showcased it’s CERENERGY(R) Battery technology at the prestigious Hannover Messe 2025, the world’s leading industrial trade fair. The event, which annually attracts over 200,000 visitors and 6,500 exhibitors from across the globe, provided Altech with a prime platform to introduce CERENERGY(R) to key stakeholders in the energy storage sector.
Altech’s CERENERGY(R) was prominently featured in the Energy Storage Hall, drawing significant attention from industry leaders, potential partners, and investors eager to explore next-generation solutions for clean energy storage. The company’s participation is part of a broader strategic effort to secure a strong commercial partner to help accelerate the commercialization of its sodium-alumina solid-state battery technology.
Throughout the event, Altech held numerous high-level meetings with representatives from energy companies, industrial manufacturers, and strategic investors looking to tap into the rapidly growing energy storage market. The response has been overwhelmingly positive, reflecting strong global demand for advanced battery technologies that can deliver high performance while reducing reliance on critical raw materials such as lithium and cobalt.
The Hannover Messe exhibition comes at a time when Germany is ramping up its defense and clean energy investments, driven in part by growing geopolitical uncertainties and the ongoing EU:US trade war. With energy security becoming a top priority, Altech’s CERENERGY(R) technology aligns perfectly with Europe’s strategic push towards energy independence and industrial resilience.
Group Managing Director Iggy Tan said ‘We are delighted by the level of interest in our CERENERGY(R) battery technology at Hannover Messe. The feedback we’ve received from potential partners and industry players has been extremely encouraging. As countries and industries accelerate their transition towards renewable energy, we see CERENERGY(R) as a game-changer in providing cost-effective, safe, and sustainable battery solutions.’
*To view photographs, please visit:
https://abnnewswire.net/lnk/8J6TA5ZV
About Altech Batteries Ltd:
Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.
The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.
Source:
Altech Batteries Ltd
Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
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Jim Thorne, chief market strategist at Wellington-Altus, discusses which assets investors should focus on in today’s tumultuous environment.
He sees promise in gold and silver, as well as Bitcoin and the artificial intelligence sector.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Galan Lithium (ASX:GLN) has rejected a US$150 million (AU$240 million) cash bid from China’s Zhejiang Huayou Cobalt Co and France’s Renault Group to acquire its Hombre Muerto West and Candelas lithium brine projects in Argentina, The West Australian reports.
Described as unsolicited, conditional, and non-binding, the offer from battery materials giant Zhejiang Huayou and EV manufacturer Renault was deemed “opportunistic” and “undervalued,” the report noted.
Galan and its advisors refused the offer, asserting confidence in the long-term value of its flagship Hombre Muerto West project, which is nearing production of 5,400 tonnes per annum (tpa) of lithium carbonate equivalent. They believe the project holds greater potential to deliver superior returns for shareholders.
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Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation
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Blackstone Minerals (BSX:AU) has announced Blackstone Unlocks High Grade Copper-Gold at Mankayan
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The White House is reportedly considering an executive order aimed at expediting the process for deep-sea mining in international waters, according to a Reuters exclusive.
The potential order could allow US companies to bypass the United Nations-backed review system currently in place and seek faster approval from US regulatory agencies for the extraction of key critical minerals.
These minerals, including nickel and copper, are essential for industries ranging from technology to energy, and the push is part of a broader US strategy to reduce dependence on foreign supply chains, especially China.
The order could pave the way for companies to apply for permits through the US Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) instead of the International Seabed Authority (ISA).
The ISA has been working for years to develop a regulatory framework for deep-sea mining in international waters, but has faced delays due to ongoing debates over environmental and operational guidelines.
The Trump administration’s proposed move to fast-track mining permits is part of a broader “America First” agenda that prioritizes boosting domestic production of minerals critical for national security and technological infrastructure.
Earlier this month, President Donald Trump invoked emergency powers to accelerate domestic mineral production.
This new executive order would extend that push to international waters, reinforcing the US commitment to reducing reliance on foreign sources, particularly China. China has strong control over supply of many key minerals, especially those vital for the defense and high-tech sectors. Recent steps from the US to secure alternative sources include the pursuit of potential partnerships with nations like Greenland and Ukraine for mineral extraction.
The executive order under consideration would allow American companies to extract seabed resources while following US regulations, sidestepping the slow-moving ISA process.
Regulatory disputes and growing frustration
Under current international law, deep-sea mining in international waters is governed by the ISA, which was established by the United Nations Convention on the Law of the Sea (UNCLOS).
However, the ISA has yet to finalize its mining regulations, largely due to disputes over environmental issues, such as the impact of mining on marine ecosystems and biodiversity.
One major company, the Metals Company (TMC) (NASDAQ:TMC), which has been involved in deep-sea mining for over a decade, has expressed frustration over the ISA’s delays.
In a recent statement, TMC CEO Gerard Barron said while the company has invested heavily in developing environmentally responsible mining techniques, it has been unable to move forward due to the ISA’s lack of action.
“We believe we have sufficient knowledge to get started and prove we can manage environmental risks. What we need is a regulator with a robust regulatory regime, and who is willing to give our application a fair hearing,” he said.
TMC has already taken steps to apply for mining permits under existing US laws, and intends to submit its application for exploration licenses and recovery permits in the second quarter of 2025.
The ISA, which is composed of 36 member nations, recently held a council meeting in Kingston, Jamaica, where it once again failed to resolve critical regulatory issues surrounding deep-sea mining.
The meeting, which took place earlier this month, ended without an agreement on key amendments to the draft mining code that has been under discussion for years.
Delays from the ISA have led some companies, such as TMC, to seek alternatives. Barron has voiced support for a US-led permitting process, arguing that the US already has a robust framework under the Deep Seabed Hard Mineral Resources Act of 1980, which gives NOAA the authority to regulate deep-sea mining activities in international waters.
“Despite collaborating in good faith with the ISA for over a decade, it has not yet adopted the Regulations on the Exploitation of Mineral Resources in the Area in breach of its express treaty obligations under UNCLOS and the 1994 Agreement,” Barron continued, adding that the company is confident it can manage risks.
The ISA’s failure to resolve these issues has raised concerns among nations and companies that have staked claims in international waters. Bypassing the ISA could strain relations with countries that support its oversight role, especially those advocating for a global regulatory approach to ensure fair and sustainable resource extraction.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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AngloGold Ashanti (NYSE:AU,JSE:ANG)said on Monday (March 31) that with the completion of its Tropicana renewables project it has created the largest hybrid power system in Australia’s mining sector.
First introduced by AngloGold in June 2023, the renewables project is a partnership with Pacific Energy (ASX:PEA), which will integrate 61 megawatts of wind and solar generation capacity at the Tropicana development.
Tropicana is located in Western Australia roughly 1,000 kilometres east of Perth and is a joint venture between AngloGold and fellow gold producer Regis Resources (ASX:RRL,OTC Pink:RGRNF).
The former holds a 70 percent interest in the project, while the latter owns the remaining 30 percent.
The renewables project is expected to reduce the Tropicana development’s natural gas consumption by approximately 50 percent and decrease carbon emissions by an average of 65,000 tonnes annually over the next decade. The project was completed on time, as construction began toward the end of 2023 and was expected to finish during Q1 2025.
“This project will enable a significant reduction in emissions while reducing both diesel and natural gas consumption and improving our overall security of energy supply,” said AngloGold CEO Alberto Calderon.
The project’s energy capacity is equivalent to powering between 40,000 and 50,000 average Australian homes annually. AngloGold believes Tropicana enhances its net asset value, underlining its status as a valuable investment.
In the long run, the renewables initiative will play a crucial role in AngloGold’s 2030 decarbonisation goal, which calls for a 30 percent reduction in Scope 1 and 2 greenhouse gas emissions based on its 2021 carbon emissions baseline.
Outlining the project’s environmental impact in a fact sheet, AngloGold compares it to planting 33 million trees annually, removing 23,000 cars from the road each year or eliminating 2.8 million long-haul flights per year.
Additionally, the plant is expected to reduce the Tropicana operation’s diesel consumption by 5.6 million litres annually and cut natural gas usage by 1.1 million gigajoules per year.
Pacific Energy was responsible for designing and constructing the expansion. The company also owns and operates the hybrid renewables-natural gas power station under a 10 year power purchase agreement.
Combined, the thermal and renewable power systems will provide a total capacity of 115 megawatts.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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As Canada prepares for a federal election, the Prospectors & Developers Association of Canada (PDAC) is pressing political parties to commit to long-term support for the Mineral Exploration Tax Credit (METC), emphasizing its crucial role in sustaining the country’s resource exploration industry.
While the Liberal government announced a two year METC extension earlier this month, PDAC is urging the next government to put a 10 year extension in place once Parliament returns. It believes this will provide the stability needed to attract investment in mineral exploration, particularly in remote and Indigenous communities.
“Since its introduction in 2000, the METC has been indispensable to mineral exploration across the country — helping to generate billions in equity, creating jobs, supporting remote and Indigenous communities, and enabling major discoveries that feed into Canada’s broader mining ecosystem,” said PDAC President Karen Rees on Monday (March 31).
“For every dollar the government forgoes, multiple dollars flow back into Canada’s economy, with rural, remote, and Indigenous communities seeing substantial benefits,’ she added.
PDAC has included this recommendation in its broader election platform roadmap, which also calls for regulatory reforms to accelerate project approvals and enhance Canada’s competitiveness in the global critical minerals market.
Conservative Party’s mining commitments
Conservative Party Leader Pierre Poilievre has positioned mining and resource development as a cornerstone of his economic plan, pledging to fast-track permitting for major mining projects.
Poilievre has committed to setting a six month deadline for approving all federal permits in Ontario’s Ring of Fire region, along with a C$1 billion investment over three years to develop essential road infrastructure that will connect mining sites to Ontario’s highway network and First Nations communities.
“Unlocking the Ring of Fire will be life-changing for Northern Ontario towns and First Nation communities, galvanized by thousands of paycheques and modern infrastructure,” he said in a press release. “We could boost our economy with billions of dollars, allowing us to become less dependent on the Americans, while our allies overseas would no longer have to rely on Beijing for these metals, turning dollars for dictators into paycheques for our people.’
Beyond the Ring of Fire, Poilievre has proposed a ‘shovel-ready zones’ initiative, which is aimed at establishing pre-approved permits for large-scale resource and energy projects.
The Conservative platform also includes broader efforts to reduce regulatory barriers, promising a pre-approved national energy corridor to streamline infrastructure development across the country.
On the financial side, Poilievre has announced plans to defer capital gains taxes for investors who reinvest in Canadian projects, a move he says will serve as ‘rocket fuel’ for domestic investment, including in mining and critical minerals.
Liberal Party’s approach to mining
The Liberal Party, under leader Mark Carney, has focused on expanding Canada’s role in the global critical minerals supply chain while balancing environmental and Indigenous concerns.
Carney has emphasized trade diversification and infrastructure investments, including a C$5 billion Trade Diversification Corridor Fund aimed at supporting industries like mining that are essential for Canada’s export economy.
‘Canada must diversify and expand its trading relationships by becoming an essential partner for like-minded countries, drawing on our vast resources of conventional and clean energy, critical metals and minerals, leadership in [artificial intelligence] and deep human capital,’ Carney states in his campaign material.
While the Liberals have not proposed the same level of permitting acceleration as the Conservatives, they have pledged to maintain existing federal tax credits for clean technology and critical mineral production.
Carney’s platform also includes funding for workforce training and economic partnerships with Indigenous communities to ensure they benefit from resource development projects.
Path forward for Canada’s mining sector
With both major parties acknowledging the importance of mining to Canada’s economy, the 2025 election will be critical in shaping the future of mineral exploration and development.
Regardless of which party wins, industry experts believe that mining will be a central pillar of Canada’s economic strategy. The urgency to secure domestic mineral supply chains, exacerbated by US tariffs and shifting global trade dynamics, has made support for mining a rare point of agreement.
With the election shaping up to be a close race, mining sector stakeholders will be watching closely to see how political promises translate into actionable policies.
Canadians will head to the polls on April 28.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Altech Batteries (ATC:AU) has announced Altech – CERENERGY Cells Test Safe Under Extreme Conditions
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES.
Cartier Resources Inc. (TSX-V: ECR) (‘ Cartier ‘ or the ‘ Corporation ‘) announces the execution, on March 31, 2025, of an amending agreement (the ‘ Amending Agreement ‘) further to the engagement letter dated March 20, 2025 between Paradigm Capital Inc. (the ‘ Agent ‘) and the Corporation (the ‘ Engagement Letter ‘) with respect to its previously announced ‘best efforts’ private placement offering of securities of Cartier (the ‘ Offering ‘).
The Amending Agreement was concluded to address potential impacts of several tax measures unveiled on March 25, 2025 by the Minister of Finance (Québec) in connection with his 2025-2026 budget (the ‘ 2025 Québec Budget ‘).
The Offering will continue to raise aggregate gross proceeds for the Corporation of up to approximately $7,300,160 (subject to a potential increase thereof for additional gross proceeds of up to $1,095,024 in accordance with the exercise of the Agent’s Option, as further described below).
The Offering remains a combination of: (a) units of the Corporation issued on a charitable flow-through basis that will qualify as ‘flow-through shares’ within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ‘ Tax Act ‘) and section 359.1 of the Québec Tax Act (the ‘ Premium FT Units ‘) for gross proceeds of approximately $5,000,200; and (b) units of the Corporation (the ‘ Hard Dollar Units ‘) and, together with the Premium FT Units, the ‘ Offered Securities ‘) at $0.13 per Hard Dollar Unit for gross proceeds of $2,299,960. Each Premium FT Unit consists of one common share in the capital of the Corporation (each a ‘ Common Share ‘) and one common share purchase warrant (each a ‘ Premium FT Warrant ‘), with each such Common Share and Premium FT Warrant qualifying as a ‘flow-through share’ within the meaning of subsection 66(15) of the Tax Act and section 359.1 of the Québec Tax Act. Each Hard Dollar Unit consists of one Common Share of the Corporation and one common share purchase warrant (each a ‘ Hard Dollar Warrant ‘), and for certainty, each such Common Share and Hard Dollar Warrant will not qualify as a ‘flow-through share’.
Under the Engagement Letter, the subscription price of the Premium FT Units (the ‘ FT Subscription Price ‘) was set on March 20, 2025 at $0.23 per FT Unit, based on certain tax benefits then available under the Quebec Tax Act and the Tax Act, including, but not limited to, the Québec Capital Gain Exemption and Québec Additional Deductions (each as defined herein).
The 2025 Québec Budget introduced major changes to the flow-through share regime under the Taxation Act (Québec) (the ‘ Québec Tax Act ‘), including the following measures (collectively, the ‘ 2025 Québec Budget Amendments ‘):
| (a) | abolition of the capital gains exemption in respect of the disposition of certain ‘resource property’ (within the meaning of the Québec Tax Act) (the ‘ Québec Capital Gain Exemption ‘); and | |
| (b) | abolition of both (i) the additional 10% deduction under the Québec Tax Act in respect of certain exploration expenses incurred in Québec and (iii) the additional 10% deduction under the Québec Tax Act in respect of certain surface mining exploration expenses incurred in Québec (collectively, the ‘ Québec Additional Deductions ‘). |
However, the 2025 Québec Budget provides that the abolition of the Québec Additional Deductions will not apply to flow-through shares issued after March 25, 2025 if they are issued following a public announcement made no later than March 25, 2025 (which is the case of the Offering), provided furthermore that a report of exempt distribution is filed with the Autorité des marchés financiers no later than May 31, 2025 (the ‘ Grandfathering Exception ‘).
Considering the potential impacts of the 2025 Québec Budget Amendments as announced on March 25, 2025, the Corporation, on March 31, 2025, (a) entered into the Amending Agreement; and (b) entered into a subscription and renunciation agreement with PearTree Securities Inc. (‘ PearTree ‘), on behalf of certain disclosed principals (the ‘ Subscription and Renunciation Agreement ‘).
Pursuant to the Subscription and Renunciation Agreement, a mechanism was introduced to allow for the adjustment of the FT Subscription Price to $0.205 or $0.182 from $0.23 (i.e. the price initially agreed upon on March 20, 2025 under the Engagement Letter) depending on whether the Québec Capital Gain Exemption and/or Québec Additional Deductions are determined on the Closing Date (as defined herein) to be available in respect of the Offering, based on any written statements that are issued by the Minister of Finance (Québec) to clarify the scope of the 2025 Québec Budget Amendments and the Grandfathering Exception. Under the Subscription and Renunciation Agreement, corresponding adjustments would also be made to the number of Premium FT Units issued so as to retain approximately the same aggregate gross subscription proceeds.
All of the other material terms of the Offering remain unchanged, including the following:
- The gross proceeds from the sale of the Premium FT Units will be used by the Corporation to incur eligible ‘Canadian exploration expenses’ that qualify as ‘flow-through mining expenditures’ (as both terms are defined in the Tax Act) (the ‘ Qualifying Expenditures ‘) related to the projects of the Corporation in Québec. The Qualifying Expenditures will be renounced in favour of the subscribers of the Premium FT Units with an effective date no later than December 31, 2025 and in an aggregate amount of not less than the total amount of the gross proceeds raised from the issuance of the Premium FT Units.
- Each Premium FT Warrant and Hard Dollar Warrant will entitle the holder thereof to acquire one Common Share of the Corporation (each a ‘ Warrant Share ‘) on a non-flow-through basis at an exercise price of $0.18 for a period of 5 years following the Closing Date (as herein defined).
- The Corporation will grant the Agent an option (the ‘ Agent’s Option ‘), exercisable up to 48 hours prior to the Closing Date (as herein defined), to sell that number of Offered Securities for additional gross proceeds of up to $1,095,024.
The Offering is being made by way of private placement in Canada. The Offered Securities will be subject to a four month and one day hold period under applicable securities laws in Canada. The Offering is expected to close on or about April 14, 2025 (the ‘ Closing Date ‘), subject to the satisfaction or waiver of customary closing conditions, including the conditional listing approval of the TSX-V.
About Cartier Resources Inc.
Cartier Resources Inc., founded in 2006, is an exploration company based in Val-d’Or. The Corporation’s projects are all located in Québec, which consistently ranks among the world’s top mining jurisdictions. Cartier is advancing the development of its flagship Cadillac project, consisting of the Chimo Mine and East Cadillac properties, and its other projects. The Corporation has corporate and institutional support, including Agnico Eagle and Québec investment funds.
This news release does not constitute an offer of securities for sale in the United States. The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration in the United States or an applicable exemption from the registration requirements in the United States.
Cautionary Note Regarding Forward-Looking Information
This news release contains ‘forward-looking information’ within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance including in respect of the use of proceeds of the Offering, closing of the Offering and the tax treatment of the flow through shares (often but not always using phrases such as ‘expects’ or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Corporation nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Corporation does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
For more information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Phone: 819-856-0512
Email: philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com
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