Stocks of the Hour: Nanoveu, Anson, Prospect Resources

Company News

by Abbey Phillipps


To register for Friday's webinar click here.

Nanoveu (ASX:NVU), a company specialising in innovative films and coatings, advises that it has signed a binding Heads of Agreement (HOA) with South Korean company, Rahum Nanotech Co, superseding the non-binding memorandum of understanding signed in November 2023. The minimum orders of USD$19.725 million (approx. AUD$29.637 million) is required by 31 December 2026 to maintain exclusivity. Shares are trading 59.09 per cent higher at 3.5 cents.

Anson (ASX:ASN) has discovered high-grade critical minerals at its Ajana Project in WA. the minerals include: Gallium, Indium, Germanium and Barium. Shares are trading 1.92 per cent higher at 13.25 cents.

Prospect Resources (ASX:PSC, FRA:5E8) announced that the Mumbezhi Copper Project Acquisition has been completed. The Nyungu deposits at Mumbezhi have all the potential facets of a high value, long-life, high margin, open-pittable copper-cobalt mining and processing operation, with regionally favourable metallurgy and significant exploration upside. Shares are trading flat at 20 cents.
 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?