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Activex Limited (ASX:AIV)

ALERT: Price-sensitive ASX Announcement for AIV
Current share price for AIV : $0.024 0.007 (41.18%)+
Announcement
Release
29 Apr 2026 3:20PM
Price at Release
$0.017
Full Release
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Summary
ActivEX Limited, a gold and critical minerals explorer listed on the ASX under the code AIV, reported significant financial and operational activities for the quarter ended 31st March 2026. The company successfully converted a $5 million loan into equity, strengthening its balance sheet, and raised additional funds through two placements. Its exploration projects, including the Gilberton Gold Project and the Westgrove Rare Earth Elements Project, are progressing with resource estimates and exploration activities. The company is committed to creating value for shareholders through sustainable and innovative mineral exploration practices.
Key Points
  • ActivEX Limited is involved in mineral exploration with a focus on gold and critical minerals.
  • The company completed a debt-to-equity conversion with Star Diamond Development Ltd, eliminating a $5 million loan.
  • ActivEX Limited successfully raised capital through two placements, raising a total of $815,257.68.
  • The company's projects include the Gilberton Gold Project and the Westgrove Rare Earth Elements Project, among others.
  • The Gilberton Gold Project is working on an upgrade to the JORC Inferred Mineral Estimate and further resource-based drilling is planned.
  • The Westgrove Project focuses on rare earth elements, with exploration and Native Title agreements progressing.
  • The company undertakes comprehensive exploration programs involving geological mapping and sampling.
  • ActivEX Limited maintains a commitment to sustainability and innovation in its operations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.